@ariadne @eri even worse!

• They make a customer pay for their horrible choice ob a bad #POS system…

Statement from spokesperson for #Minnesota Governor #TimWalz:

"Governor Walz wishes that President Trump would be a President for all Americans, but this tragedy isn't about Trump or Walz. It's about the Hortman family, the Hoffman family, & the State of Minnesota, & the Governor remains focused on helping all three heal."

But after the shootings in the #Minneapolis suburbs over the weekend, which left one #Democratic lawmaker [a mother of 2 children] & her husband #dead & another lawmaker & his wife gravely wounded, #Trump seemed perplexed when asked by reporters if he intended to call #TimWalz, who was the Democratic VP nominee in 2024.

“I don’t really call him,” #Trump told reporters during his flight back to DC after making an early exit from the #G7 summit in Canada late Monday. “I think the governor of #Minnesota is so whacked out, I’m not calling him. Why would I call him?”

It is a well established custom for presidents to call state leaders to express #sympathy & offer #support after deadly #shootings & other calamities.

#POS #immoral #DerelictionOfDuty #law #USpol #MelissaHortman #JohnHoffman
https://www.nytimes.com/2025/06/17/us/trump-walz-minnesota-shootings.html?smid=nytcore-ios-share&referringSource=articleShare

@kkarhan @hyc @voxel
My point was that Ethereum staking can be run on a NUC or even on a Rasperry Pi.
There are no ASICs here. So:

"#Ethereum uses #ASIC|s which makes it way more polluting due to these being useless for anything else."
is completely false. misinformation.

meanwhile:
" the only thing that moving #Ethereum from #PoW to #PoS achieved is raising the wall to make it harder, more expensive amd less attractive for #SmallInvestors to fiddle with it."
Is also demonstrably false.

@cobordism @hyc @voxel IMHO the only thing that moving #Ethereum from #PoW to #PoS achieved is raising the wall to make it harder, more expensive amd less attractive for #SmallInvestors to fiddle with it.

• #NotFinancialAdvice but I would've always disrecommended that espechally after #Buterin et. al. decided to #Backroll due to them and others having been #HornyForMoney and wanting to pull funds from #TheDAO.

Demondtrably, #EthereumClassic would at least be more trustworthy, alas that's an Opinion based off 'vibes'…

• Whether the PoS transition did save energy is debateable since #Ethereum uses #ASIC|s which makes it way more polluting due to these being useless for anything else. #Scalpers are shit but at the very least a #CPU or #GPU can be reused elsewhere…

@cobordism @hyc @voxel Noone claims that #Monero will help "#AbolishCapitalism"!

• That would be deranged and in complete denial of reality.

What is however evident is that only #PostPrivacy #Shitcoins can do #ProofOfStake as unlike #ProofOfWork it inherently necessitates #PostPrivacy as in all transactions and amounts are public.

• I'm pretty shure that #PoS cannot be implemented (even if #Monero devs wanted it to!) without making removing Monero's #privacy that it can retain under #PoW.

Again: I call it "least worst" for a reason; not "great", "good" or even "okay"...

@cobordism @hyc @voxel no, #ProfOfStake does concentrate wealth by virtue of having a minimum cap to allow for participation.

• In case of #Ethereum that #PoS cap was (please feel free to correct me) at 10 ETH, so deep in tue 6-figure (€) area...

With #ProofOfWork there is at least no minimum #hashrate to participate and participating in a #pool dies not necessitate to trust someone with funds.

• OFC I don't deny that #PoW (like #PoS) requires money to participate (as in neither hardware nor electricity nor bandwith being free). But I'm shure we can agree that getting that is way cheaper than the budget that can buy a house (or sometimes two) in rural Germany.

https://infosec.space/@kkarhan/114638656071829798

@hyc @voxel also #PoS inherently rewards rich users and concentrates power even more than the nature of #PoW would, as running a #Monero #node or #miner doesn't require expensive custom #ASIC|s that are going to become manufactured #eWaste down the line and can't be repurposed for anything but being the noisiest and most expesive space heaters!

https://infosec.space/@kkarhan/114638656071829798

• Or to put it into perspective: PoS implementations like #Ethereum only rewarded already abdurdly rich capital holders and wiped everyone else out due to every PoS mechanism demanding a minimum of staked coins AND even if it didn't all of them inherently reward staking more with a higher "rent" / "reward"!

Case in point: There are only ugly and filthy solutions to that problem and Monero chose the "least worst" they could: Shure it still has problems but those are at least fully known, understood and working as in 'communities can outnumber single rich entities'...