his applies though to any PoS algorithm in which the token owners are most of them in China, right? How is PoS different from PoW in this regard?
ChristianKI mentions a few things but I think the important one is what happens after a fork. If a majority of miners in PoW behave abusively the game is over, there’s no fix except building even more mining. If a majority of stakers in PoS behave abusively, you fork once and burn their coins and then the problem is solved forever. If the abuse is clear, then that’s a relatively easy problem (and e.g. the ethereum community seems well enough organized to fix the problem even if it’s kind of subtle).
ChristianKI mentions a few things but I think the important one is what happens after a fork. If a majority of miners in PoW behave abusively the game is over, there’s no fix except building even more mining. If a majority of stakers in PoS behave abusively, you fork once and burn their coins and then the problem is solved forever. If the abuse is clear, then that’s a relatively easy problem (and e.g. the ethereum community seems well enough organized to fix the problem even if it’s kind of subtle).
thank you both for the explanation, that was very didactic