06-27-2022, 05:19 AM
If you are a whale: is proof of work or proof of stake better?
<!-- SC_OFF --><div class="md"><p>I would suspect proof of stake is more valuable to a whale than proof of work. But that’s just an instinct. I doubt that they are comparable.</p> <p>In proof of work - you had to translate money into hardware (thus stimming the Econ) where with proof of stake it’s just directly money: no economic stimulus via hardware purchases… </p> <p>So POW had inherent wealth transfer from the wales into the economy via hardware purchases - POS has no such mechanism…</p> <p>So while sure: power usage is a concern - this feels like admiral ackbar is going to shout something about price manipulations (especially by the rollable back{centralized/bank controlled}etherium)</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/bass1012dash"> /u/bass1012dash </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/vl6nex/if_you_are_a_whale_is_proof_of_work_or_proof_of/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/vl6nex/if_you_are_a_whale_is_proof_of_work_or_proof_of/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I would suspect proof of stake is more valuable to a whale than proof of work. But that’s just an instinct. I doubt that they are comparable.</p> <p>In proof of work - you had to translate money into hardware (thus stimming the Econ) where with proof of stake it’s just directly money: no economic stimulus via hardware purchases… </p> <p>So POW had inherent wealth transfer from the wales into the economy via hardware purchases - POS has no such mechanism…</p> <p>So while sure: power usage is a concern - this feels like admiral ackbar is going to shout something about price manipulations (especially by the rollable back{centralized/bank controlled}etherium)</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/bass1012dash"> /u/bass1012dash </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/vl6nex/if_you_are_a_whale_is_proof_of_work_or_proof_of/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/vl6nex/if_you_are_a_whale_is_proof_of_work_or_proof_of/">[comments]</a></span>