that's the beauty of Bitcoins proof of work, miners selling their bitcoin has no effect on the overall security of the network.
But in Proof of Stake, this can eventually lead to centralization of coins and therefore consensus in the hands of a few small whales over an extended period of time.
Centralization is the death of a blockchain longterm, and with there being few archival nodes for ETH running today, I doubt ETH will survive longer then vitalik.
pic is to demonstrate that there are no mods on this board.
Controlling the network is the ultimate incentive for any of these systems so my argument is pretty good. The difference is one can be replaced while the other wont (what is the incentive?) you do realize just because you're a miner it doesnt mean you can manipulate the system, the nodes verify the block proposals from miners not the other way around.
ETH network ownership was created from nothing (issuance of tokens) while BTC mining can be swapped in and out by independent people.
I have a feeling not many people even truly understand how BTC works and the whole "energy waste" meme has been perpetuated by people who do not even know how network consensus works
Adam Hughes
kys degenerate pedo
Adam Sanchez
ETH in functionally dead. Face.
see how retarded saying something like that looks?
