Tauri | Bitcoin BLAKE2b (XBT)
· 3w
I don’t know if you guys realise this, but the idea that an “economic” node should have greater influence over a protocol change is fundamentally the same concept behind Proof of Stake.
Good point. They differ in that PoS formalizes the relationship between influence and concentration, whereas with Bitcoin it's a natural consequence of miners being incentivized to follow economic activity. Doesn't that difference matter?