Transaction costs ran up pre-fork too though. Ethereum has the same problem. Proof of work is better than stake, honestly, and nothing of value is free. It needs no competition to keep people honest. The workers do all the voting. However there is always room for budget solutions, and that's where proof of stake comes in. Competition with other shitcoins keeps stakeholders interests within each ecosystem aligned. Eth2 and DOT are the leading two shitcoins. Proof of work will always be very expensive and very secure. Proof of stake is the future of web 3.0, however.
Transaction costs ran up pre-fork too though. Ethereum has the same problem. Proof of work is better than stake, honestly, and nothing of value is free. It needs no competition to keep people honest. The workers do all the voting. However there is always room for budget solutions, and that's where proof of stake comes in. Competition with other shitcoins keeps stakeholders interests within each ecosystem aligned. Eth2 and DOT are the leading two shitcoins. Proof of work will always be very expensive and very secure. Proof of stake is the future of web 3.0, however.
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