Ray Youseff, the CEO of the Paxful crypto exhcange, announced that his exchange will delist Ethereum due to 3 problems surrounding Ethereum.

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    12 Comments

    1. It costs MONEY to buy energy to mint coins on POW.

      it costs MONEY to buy coins to stake in order to mint new coins on POS.

      the difference is small imo.

      I like POS because you dont need to sell the coin to pay electricity.

      Both can be equally centralized and decentralized. Anyone can always come in and try to buy hashrate or gain a monopoly on mining pools, or buy up the coins in order to be the biggest staker.

      I think it rlly comes down to philosophy

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