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December 26, 2018, 12:21:35 AM |
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Dear bitcointalk community, How can you believe in Proof of Stake (POF) more than in Proof of Work(POW)? While POW is less effective in terms of costs, does Proof of Stake make Ethereum "decentralized"?
With POF, the validators chosen are those with the highest number of coins In other words, your decentralized, not controlled by a central authority Ethereum Blockchain is now controlled by the BIG WHALES. The first investors were in control of the Blockchain. They were the guys rewarded most just because they had most. Thanks all for falling into this "smart" scam.
Disclaimer: I also own Ether and I'm not being a hypocrite or laughing at people who own Ether
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