Is Proof of Stake Better Than Proof of Work?

[tremarley]

Proof of Work has intrinsic value. Proof of Stake is fiat money.

[deandreleach]

Thanks for posting! Looking for guidance: My OKX wallet holds some Tether, and I know the seed phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. What’s the best way should I go about transferring them to another wallet on Binance?

[invizincrypto]

That’s like saying is centralized banks vs the people what is better? 😂😂😂

[markclemmens]

Proof is work is the most secure. It's not even close. PoS is essentially the existing legacy financial system.

[ethereumsock]

Justin Drake is amazing and all of his interviews are worth listening to in full. This interview in particular, was pretty rough for his co-guest, Lyn Alden. It is revealing of the difference in depth of understanding and the ability to communicate that these two bring to the table are not equal. Justin did an amazing job dissecting Lyn's arguments piece by piece, and proves how much more knowledgeable he is on the subject. It was pretty hard to listen to Lyn struggle next to Justin's explanations and detailed arguments.

[themistoclesofathens]

lol, imagine comparing it based solely on fees. Never mind that POS attack only requires acquiring a stake of the network once while POW requires continued cost for a double spend. Also never mind that POW can be replicated by anyone from genesis block and thus does not rely on a central authority to prove which chain is real, whereas POS does.