oplkill@lemmy.world to memes@lemmy.worldEnglish · 3 days agoThen they will ask why nobody wants to use their payment cardslemmy.worldimagemessage-square452linkfedilinkarrow-up1674arrow-down1183cross-posted to: tldrnews
arrow-up1491arrow-down1imageThen they will ask why nobody wants to use their payment cardslemmy.worldoplkill@lemmy.world to memes@lemmy.worldEnglish · 3 days agomessage-square452linkfedilinkcross-posted to: tldrnews
minus-squaresurvirtual@lemmy.worldlinkfedilinkarrow-up1·1 day agoYes, they do. In order to acquire the token, where does it come from in PoS? You want to mint the token? It requires the token. You want to buy the token? It requires someone that already has the token to sell it. You want to trade the token? You need to find someone that has the token and wishes to perform that trade. It requires acquiring a counterparty that consents to you acquiring a stake no matter how “mature” a PoS chain is.
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up1·21 hours agoIf you want to take a “purest” approach then bitcoin has similar problems. To gain any chance of mining BTC you have to buy specialised equipment from someone. I would also put joining a mining collective in a similar “human consent” category
Yes, they do.
In order to acquire the token, where does it come from in PoS?
You want to mint the token? It requires the token.
You want to buy the token? It requires someone that already has the token to sell it.
You want to trade the token? You need to find someone that has the token and wishes to perform that trade.
It requires acquiring a counterparty that consents to you acquiring a stake no matter how “mature” a PoS chain is.
If you want to take a “purest” approach then bitcoin has similar problems. To gain any chance of mining BTC you have to buy specialised equipment from someone.
I would also put joining a mining collective in a similar “human consent” category