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RE: CryptoCurrencies are NOT Decentralized!

in #bitcoin7 years ago

I don't know, I am not a miner, but I think the POS system is superior to POW.

The POW will turn into an Oligarchy eventually. The POS runs more like a private corporation, shareholders voting.

If only POS coins would not be totally held by the developers, then there would be more freedom to the shareholders there.

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unfortunately POS has the disadvantage of coin distribution.