That could be a superb query. I used to be truly a proof-of-work maximalist earlier than designing the spiderchain, however I spotted {that a} proof-of-work on a second layer truly would not make a whole lot of sense. So, I appeared into proof-of-stake and browse all of the completely different white papers. In 2022, when Ethereum merged to proof-of-stake, there have been a whole lot of Bitcoiners, together with Jack Dorsey, who have been retweeting this article about why proof of stake is insecure. So, I learn the article. Every of the arguments in it have been truly solved in the event you construct with proof-of-stake on a second layer. Let me go rapidly over the arguments. Primary is the financial argument. Proof-of-work is a leaking system and proof-of-stake is a closed system. That signifies that proof-of-work has a decentralizing development. You should pay for the electrical energy, so worth leaks out of the system. Bitcoin, over time, turns into an increasing number of decentralized, as a result of that worth leaks out into the true world. Proof-of-stake is the other. It truly has a centralizing development. The stakers get a much bigger and greater portion of the full 100% share of the property over time. As a layer one, as a foreign money, that does not make a whole lot of sense.
