🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Said it before and I'll say it again, PoS isn't decentralized long term. 1. You never know who controls the network, stake addresses are anonymous, most stake could be controlled by one entity and you'll never know. (fun fact, 65% of @Solana stake is in Switzerland rn) 2. Small

Problems we called out months ago are... still problems ... Garand Tyson explaining the challenges with PoS from MultiChain Day EthDenver

The premise is correct, institutions that want any involvement in concensus need to stake ETH. I find the conclusion that institutions are willing to hold $100s of millions to billions of volatile crypto assets when better alternatives exist highly suspect.

Justin Bons Categorically wrong on all fronts wrt Stellar. - The Stellar Consensus Protcol (SCP) is an open participation protocol and in practice the nakamoto coefficient is similar to many PoS chains (and increasing). - WASM/Rust turing complete smart contracts (launched last year) -

I see stuff like this a lot, folks have a deep misunderstanding of how PoS works. Validator count literally does not matter, concencus uses stake percentage, not individual validator votes. On Solana, 41 validators control the entire network. Mathematically, it does not matter