> 1) PoW is the only way that is actually decentralized. If you want decentralized power over the currency - PoS will never work on a long time horizon
There are proof systems that are not truly Proof of Work and are also not Proof of Stake. But sure, you're not wrong that proof of stake is not truly decentralized. Anyway, suffice to say I was not talking about Proof of Stake.
But you do bring up some thoughts that I've had previously, with regards to the energy waste in comparison to exactly what. Thanks for reminding me of it.
There are proof systems that are not truly Proof of Work and are also not Proof of Stake. But sure, you're not wrong that proof of stake is not truly decentralized. Anyway, suffice to say I was not talking about Proof of Stake.
But you do bring up some thoughts that I've had previously, with regards to the energy waste in comparison to exactly what. Thanks for reminding me of it.