How a second layer on Bitcoin is designed and functioned has implications for how it affects the base layer. That makes the nature of how a second layer functions very important.
Shinobi’s Strawman is a weekly series where our Technical Editor Shinobi challenges the Bitcoin community, aiming to stir up conversation around heated technical debates.
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.