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polynya pfp
polynya
@polynya
Today, a majority of BTC is traded and custodied on CEXs. With the advent of ETFs, in the long term BTC will effectively be controlled by a few regulated CEXs. Might as well cancel PoW and go PoA - it'll actually be more decentralized than 2 mining pools & a handful of profit-maxi centralized mining corporations.
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Derek.DAism Zhou pfp
Derek.DAism Zhou
@derekzhou
Good thought but would you like to use Motorola's DynaTAC 8000X (1984)? Here's my solution for Blockchain 3.0: https://medium.com/@derekzhou/what-is-proof-of-value-8c0a356361e8 The development started at 2019. And it's been published on Sepolia test net: https://daism.io
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