The Benefits of Proof of Work
Posted by Daniel Larimer on Jan 4, 2016.
I have long been of the opinion that proof-of-stake is superior to proof-of-work. Today I would like to challenge my own beliefs against the lessons I have learned from over a year of experience with proof-of-stake. In the past I have argued that proof-of-work is wasteful and that the same end result can be achieved much cheaper with proof-of-stake. Today I would like to consider if there is some value to proof-of-work.
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