4min chapter

Swan Signal Live - A Bitcoin Show cover image

Lyn Alden: Bitcoin's Energy Usage Isn't a Problem. Here's Why.

Swan Signal Live - A Bitcoin Show

CHAPTER

The Problem With Proof of Stake

The main issue with proof of stake is that it can be prone to centralization. The more coins you have, the more voting power you have. In a corporation, each share is worth a vote for proposals and board seats since owners decide what the company will do in proportion to their ownership. I consider proof of stake to be unsuitable for a democratized, decentralized, censorship-resistant global money.

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