Stamets@lemmy.world to People Twitter@sh.itjust.works · 1 day agoNone. Suffer.lemmy.worldimagemessage-square142fedilinkarrow-up1875arrow-down115
arrow-up1860arrow-down1imageNone. Suffer.lemmy.worldStamets@lemmy.world to People Twitter@sh.itjust.works · 1 day agomessage-square142fedilink
minus-squarehddsxlinkfedilinkarrow-up4·23 hours agoThat’s proof of work. Proof of stake is you just need more than everyone else, right?
minus-squareConnecticutKen@lemmy.worldlinkfedilinkarrow-up3·edit-219 hours agoIt works more like loaning money and then receiving interest, except you are loaning crypto to the network and then you get it back, plus some, after a certain period of time
That’s proof of work. Proof of stake is you just need more than everyone else, right?
It works more like loaning money and then receiving interest, except you are loaning crypto to the network and then you get it back, plus some, after a certain period of time
Is the network not considered a third party