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RE: Open letter to Fuzzy, Steemit, and BeyondBitcoin

in #life8 years ago

No. PoS and DPoS are regressions to Merkle Trees, that's the whole point. They are community-administered solutions (at best, if at all) to a problem that Satoshi solved technologically.

PoS at most is inelegant Proof-of-Work. Do your homework and understand why. Only then come back to further discuss.