https://github.com/libbitcoin/libbitcoin-system/wiki/Proof-of-Stake-Fallacy

> On May 7, 2021, at 15:50, SatoshiSingh via bitcoin-dev 
> <bitcoin-dev@lists.linuxfoundation.org> wrote:
> 
> Hello list,
> 
> I am a lurker here and like many of you I worry about the energy usage of 
> bitcoin mining. I understand a lot mining happens with renewable resources 
> but the impact is still high.
> 
> I want to get your opinion on implementing proof of stake for bitcoin mining 
> in future. For now, proof of stake is still untested and not battle tested 
> like proof of work. Though someday it will be.
> 
> In the following years we'll be seeing proof of stake being implemented. 
> Smaller networks can test PoS which is a luxury bitcoin can't afford. Here's 
> how I see this the possibilities:
> 
> 1 - Proof of stake isn't a good enough security mechanism
> 2 - Proof of state is a good security mechanism and works as intended
> 
> IF PoS turns out to be good after battle testing, would you consider 
> implementing it for Bitcoin? I understand this would invoke a lot of 
> controversies and a hard fork that no one likes. But its important enough to 
> consider a hard fork. What are your opinions provided PoS does work?
> 
> Love from India.
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