A Bitcoiner's Guide to Proof of Stake - by Scott Sullivan

Normally Bitcoiners don’t care too much about what goes on in shitcoin-land, but now that Ethereum has merged to Proof-of-Stake (PoS), there’s been quite the buzz on Bitcoin Twitter. Of course the Bitcoin network itself will remain unaffected, but I think this “upgrade” is still worth paying some attention to. Now that Ethereum has cleansed itself of the “dirty” and “wasteful” externalities associated with Proof-of-Work (PoW), we can expect the gloves to come off in the narrative war, and I think Bitcoiners should be ready to punch back.

Normally Bitcoiners don’t care too much about what goes on in shitcoin-land, but now that Ethereum has merged to Proof-of-Stake (PoS), there’s been quite the buzz on Bitcoin Twitter. Of course the Bitcoin network itself will remain unaffected, but I think this “upgrade” is still worth paying some attention to. Now that Ethereum has cleansed itself of the “dirty” and “wasteful” externalities associated with Proof-of-Work (PoW), we can expect the gloves to come off in the narrative war, and I think Bitcoiners should be ready to punch back. Learning how PoS works is a really good way to…

related reading

• Proof-of-stake (PoS) | ethereum.orgethereum.org
• The Hitchhiker's Guide to Ethereum - Delphi Digitalmembers.delphidigital.io
• Upgrading Ethereum | 2.3.1 Preliminarieseth2book.info
• Proof-of-Stake and Stablecoins: A Blockchain Centralization Dilemmalynalden.com
• Upgrading Ethereum | 2.3 Consensuseth2book.info
• Time, slots, and the ordering of events in Ethereum Proof-of-Stake - Paradigmparadigm.xyz
• Proof of Stake: How I Learned to Love Weak Subjectivity | Ethereum Foundation Blogblog.ethereum.org
• Proof-of-stake vs proof-of-work | ethereum.orgethereum.org
• Proof-of-work (PoW) | ethereum.orgethereum.org
• [Mirror] A Proof of Stake Design Philosophyvitalik.eth.limo
• Light Clients and Proof of Stake | Ethereum Foundation Blogblog.ethereum.org
• btcProcFC.pdfcs.cornell.edu