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Ethereum is a scam. Its author received millions of USD in funding, and after a year the only things he has delivered are blog posts that are mostly just PoS pr
by RemoteWorker 12y ago
Ethereum is a scam. Its author received millions of USD in funding, and after a year the only things he has delivered are blog posts that are mostly just PoS propaganda. PoS is a flawed concept, but its proponents dismiss all criticism by saying "we added all these patches and unnecessary complexity and fixed it! Look, no one has hacked it yet!".
- drcode 12y agoAs someone using the ethereum alpha software regularly, I have to disagree- They have produced a lot of great code so far, and it seems likely now that ethereum will be live and in operation in early March (though admittedly it'll still have some shortcomings at that point) As for PoS vs PoW, yes PoS gives you less objectivity on "truth" in block determination- If you define "flawed" as anything less objective than "PoW" then it would certainly meet your definition. The question is how many people feel the way you do on this matter, and what impact this will have on the success of ethereum as a product.
- kylebrown 12y agoThere were several functional alpha clients even before the crowdsale. PoS vs PoW is somewhat beside the point anyway, as the codebase is still using SHA3 PoW: http://github.com/ethereum http://github.com/ethereum
- bDoggy 12y agoMan with little brain and big mouth make fool of self in public...