this post was submitted on 15 Nov 2023
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POS v POW (alien.top)
submitted 2 years ago by ISObatteries@alien.top to c/ethereum@blockchained.world
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Relatively new to crypto. Got a loose understanding of the systems.

Trying to differentiate the two but I’m kinda stuck on something. I understand that mining is more energy intensive, as they’re using mining rigs to process transactions.

My confusion stems from how that differs from POS where you still end up using a computer to process transactions. There just happens to be an extra step (32ETH). Which, I guess I should ask just to be sure - are those 32 ETH just parked somewhere as collateral or is it used as part of a liquidity pool?

Of course penalties keep validators in line, but wouldn’t that imply that btc miners have the capability to misbehave in a similar manner to a bad validator (even though they have no stake)?

To me the two methods seem nearly identical. What am I missing ?

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[–] vjeuss@alien.top 1 points 2 years ago

there's great answers here so I'll just raise the following. You cannot physically go around H/s in PoW so it just works, but I'm still not bought into PoS. Not that I have a way to attack it, but I find it all too based on loose conjectures.