Why every Altcoin will Fail w/ Jimmy Song
Bitcoin Magazine Podcast
00:00
Proof of Work Solves the Byzantine General's Problem
"Proof of stake is a very different animal than proof of work," he says. "It requires some co ordination between the participants in order to execute" He adds that without such coordination, there's likely to be subversion of whatever consensus you're trying to achieve. 'As soon as there's a profit motive, there there goes'
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