@hypolite @pitichampi
Simplifying Blockchain Monetary Economics:
Proof Of Work = One is worth 'X" amount because here's how much resource energy One can show they put (or arguably wasted) into solving high tech Sudoku and maintaining a record of it..... or something.
Proof Of Stake = One is worth this 'X' amount because others were convinced into believing collectively putting resource energy on solving sudoku (or something) and maintaining a record was worthwhile..... which in of itself is more energy efficient than solving sudoku (or something) because it's really just about how many others put their faith in solving sudoku and not at all about the amounts of resource energy used to solve the sudoku and maintain a record of it.
*Personally can't help but be reminded of things like AmWay business models and things when it comes to P.O.S. [which has long be known in other circles as meaning as Piece Of Sh!te]*
For better or more absurd, these are the two most popular forms of establishing Blockchain Cryptocurrency "Monetary" values at current.
WOZX takes the more "energy efficient" route to blockchain monetary/token value.
generally speaking, between "sudoku" and "or something", the balance is increasingly in favor of various flavors of "or something...." while the "NEED MORE POWAH!" demand remains a growing constant on resources.
How many hashes does it take for a black hole sun?
There's an underlining joke to it all, but the punchline often seems likely to carry more punch than laughs IMO. =P
#TooInfiniteAbsurdityAndBeyond