steviep
@steviep
Does anyone have a good explanation on why Solana is more centralized than Ethereum? I can't tell if that's true, or just a meme (like how Bitcoin is more decentralized than Ethereum)
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nicole
@nicole
Tangentially related, I posted a video explaining why proof of work networks are inherently more decentralized than proof of stake (eth started as proof of work) https://warpcast.com/nicole/0x0e3f9d1c
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PhiMarHal
@phimarhal
PoW inevitably congregates hashpower to areas with low energy cost, and economies of scale also ensure said hashpower is controlled by a couple entities in the long run. This is what happened to bitcoin, and it's probably not just a bitcoin problem but an inherent consequence of PoW. Can't have decentralization with energy, as the physical world is not flat.
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nicole
@nicole
Ty for pointing this out I was hoping someone would challenge my assumptions here! Do you think the transition from PoW to PoS was a good thing in this regard? Or is there another system that could keep things more decentralized?
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