PoW & PoS discussion in history

[JackXiao]

We could see a lot of great insights and discussion about PoW & PoS in history, so I made articles and Twitter threads list there. The list would keep update in the future, please feel free to comment.

Posts & Blogs

• A never-ending battle: PoW vs PoS

• Why I Dislike Proof of Stake

• Is PoS safer over PoW? (Bitcoin Forum)

• Proof-of-Stake & the Wrong Engineering Mindset

• PoW is Efficient by Danhedl

• Bitcoin Mining | The Evolution of A Multibillion Dollar Industry by ARKInvestment

• Why Bitcoin’s energy consumption is necessary by Gianmarco Guazzo

• In support of the proof of work [un]fair launch by Nic Carter

• The Last Word on Bitcoin’s Energy Consumption by Nic Carter

• Bitcoin Miners, US Energy Producers and Moore’s Law

• Decentralization and Security: Why is PoS an exception to the rules of economics? by JanXie

• Deeply study the advantages and disadvantages of PoW and POS and their trade-offs by Ren Zhang

• What PoS cannot achieve (but PoW can) and what PoW cannot achieve, either by Ren Zhang (Video)

  • Ren Zhang Slide

• Lay Down the Common Metrics: Evaluating Proof-of-Work Consensus Protocols’ Security by Ren Zhang

• Research paper: A model for Bitcoin’s security and the declining block subsidy by Hasu

• Electric Money, PoW is intrinsically an open system by LaurentMT

• How Coinbase views proof of work security

• Beware of Lazy Research: Let’s Talk Electricity Waste & How Bitcoin Mining Can Power A Renewable Energy Renaissance by Christopher Bendiksen

• What Bloomberg Gets Wrong About Bitcoin’s Climate Footprint by Nic Carter

• It’s the settlement assurances, stupid by Nic Carter

• The State of Cryptocurrency Mining by David Vorick

• Nothing is Cheaper than Proof of Work by Paul Sztorc

• Long Live Proof-of-Work, Long Live Mining by Paul Sztorc

• Bitcoin vs Gold by Danhedl

• Bitcoin Mining vs. the Environment by Jason Deane

Twitter threads

• Jan and Vitalik’s discussion about PoW and PoS

• Jan and Patrick’s discussion about PoW and PoS

• Ryan Gentry from lighting comments on PoS

• PoW is authenticatable through untrusted channels(Satellite’s data) by Adam back

• ‘Proof of Stake has fundamental problems’ ‘PoW > PoS’ by Adam Back

• Bitcoin depends on censor-resistant bandwidth（Argument between Adam Back and Vitalik）

• I would say PoS +/- is a nice objective, but does not work, likely can not work by Adam Back

• Comments on Vitalik, Justin Sun, and Charles by Adam Back

• PoW governance will likely be far more socially scalable by Nick Szabo

• Discussion about PoW and byzantine consensus algorithm by Nick Szabo

• Prior research underestimates the security of PoW by Nic Carter

• PoS doesn’t allow you to trustlessly distribute new coins to the world by Nic Carter

• PoW is in safe hands, PoW enforces churn in the validator set by Nic Carter

• PoW can’t be replaced with programming trickery, virtualization, or simulation by Nic Carter

• PoW probabilities are at least somewhat knowable compare with PoS and dPoS by Nic Carter

• Time to rewrite Bitcoin’s entire history if you had 100% of hash power by Nic Carter

• Comments on energy waste of Bitcoin by Nic Carter

• The anatomy of Proof-of-Work by Hugo Nguyen

• Believe the impact of bitcoin mining is a net positive for the environment by cryptoasset analyst@ARKInvest

• Bitcoin’s energy consumption by Nic Carter

• How the bitcoin debate gets it exactly backwards by Joe Weisental(Also has Nic Carter, Hasu, Dan’s comment)

• BTCs outlay is due to initial issuance of coins, and burning energy to issue coins is just a synthetic version of how gold is issued by Nic Carter

• Gold mining is environmentally costly, buy ponzis instead (Mention PoS) by Nic Carter

• Bitcoin’s energy consumption is not “wasteful by Dan Held.

• There is no “better” solution because PoW is about physics, not code by Dan Held

• Bitcoiners are environmentally conscious by Dan Held

• The fact that PoW is “costly” is a feature, not a bug by Dan Held