Erik Voorhees, the co-founder and former CEO of Twitter, was unfollowed by the co-founder and former CEO of Twitter because he said PoS offers some advantages over PoW.
On Twitter, Jack Dorsey’s recent comments on Web 3 sparked a raging debate among the crypto community, bringing out all shades of tribalism, maximalism, and cypherpunk righteousness.
ShapeShift CEO Erik Vorhees chimed in on the argument, claiming that Proof of Stake (PoS) has some advantages over the Proof of Work (PoW) consensus process, but the former Twitter CEO didn’t seem to appreciate his words.
So, ShapeShift CEO Erik Vorhees, was among those commenting kn Dorsey’s tweets, arguing that
“A reasonable position to take is that Ethereum is less decentralized on X metric,”
“less predictable, and more risky than Bitcoin.”
“An unreasonable position to take is what @jack is expressing.” https://t.co/790glrPWb2 — Erik Voorhees (@ErikVoorhees) December 23, 2021
Dorsey’s “unreasonable viewpoint” was called out by the reformed Bitcoin maximalist.
Of course, pointed to decreased energy usage as a pro-PoS argument–a fact that could be crucial in the context of prospective regulatory blocks.
“It doesn’t mean PoS is superior.”
” It does mean PoS has a different adversarial attack surface, and”
“this alone advances decentralization and anti-fragility of crypto as a whole,” he points out.
“This point deserves more air time.”
“It doesn’t mean PoS is superior.”
“It does mean PoS has a different adversarial attack surface,…”
” and this alone advances decentralization and anti-fragility of crypto as a whole.”
https://t.co/kMrGhrjOoE — Erik Voorhees (@ErikVoorhees) December 23, 2021
“👀 @jack (CEO of @Blocks) is no longer following @ErikVoorhees” — Big Tech Alert (@BigTechAlert) December 23, 2021
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