Proof Of Work Vs Proof Of Stake: Ethereum Classic 51% Attacked

During the Justin Sun episode, many who favor PoW systems took the opportunity to attack PoS (especially DPoS) as not being secure. Many who support PoS state the fact that community was able to fork the chain and get out from under his control.

In this video I discuss how decentralization is vital to the future of security and we need to move in that direction with our systems. It is something that is tough to do since the biggest mining pools, as an example, do not want to give up that hashrate they spent so much to acquire.

▶️ 3Speak