Bitcoin’s incentives are clear and fair, while proof-of-stake has contrasting incentives that are the same as the current system where the rich get richer.
Bitcoin Magazine Pro hosted a Twitter Spaces that brought the biggest names in Bitcoin and crypto to converse about the Ethereum move to proof-of-stake.
Ethereum’s switch to proof-of-stake is scheduled for mid-September. What are the possible risks? How does it work compared to Bitcoin’s proof-of-work consensus?
Bitcoin’s consistent issuance schedule makes it a consistent asset in times of inconsistent monetary policy. It will outlast any of the Federal Reserve’s plans.
In a recent explanation of Ethereum’s roadmap, Vitalik Buterin inadvertently made the case that building on Bitcoin is our only path to decentralization.
While centralized exchanges might think they want to promote proof-of-stake blockchain projects, they misunderstand the value of Bitcoin’s proof-of-work model.
