This would only make the blockchain more resistant, 51% attacks practically impossible, Firo for example has implemented this, what would be the disadvantage?
This would only make the blockchain more resistant, 51% attacks practically impossible, Firo for example has implemented this, what would be the disadvantage?
@g2devi @XMRbutterfly @monero PoW doesn’t guarantee that wealth is deserved, because computing power can be bought too. It’s a bit harder to buy than tokens, but that doesn’t change the big picture.
Monero should stick to PoW, though, because it works. It didn’t work for Firo, apparently, so they had to change it, but I am not aware of any 51% attacks on Monero.