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BTC098: Proof of Stake (PoS) Versus Proof of Work (PoW) w/ Jason Lowery (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Control Authority Over the Ledger
So they're benefit to cost ratio now can plummet because there's no limit to how much they can cost they can impose on anyone trying to gain 51% of the control. And that's where decentralization really comes from. There's obviously decentralization and the nodes and everything, but really it's the decentralization of the control authority over the ledger achieved through using physical power as the basis through which you can have control authority over the ledger.
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