Dogecoin Developer Plans to Quit if Switch to PoS is conceived
This sentiment underscores his belief that PoS mechanisms have inherent flaws that could conflict with Dogecoin’s core principles. advertisement Dogecoin Developer Shares Clear Stance on PoS The Dogecoin developer’s statement, delivered as a response to the question of whether he would stake Dogecoin if given the chance, has provided insights into his stance on PoS mechanisms and their potential impact on Dogecoin’s future. In this statement, Mishaboar draws attention to his apprehensions about PoS mechanisms in general. He indicated that many PoS chains have fallen short of expectations, displaying centralization tendencies, encountering catastrophic failures, or becoming unwieldy to use. If this refers to false “staking”, based on lending then no. The risk is too high unless you are an insider (and even then…). Recommended Articles ...