That may be a excellent query. I used to be really a proof-of-work maximalist earlier than designing the spiderchain, however I noticed {that a} proof-of-work on a second layer really does not make loads of sense. So, I seemed 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 loads of Bitcoiners, together with Jack Dorsey, who had been retweeting this article about why proof of stake is insecure. So, I learn the article. Every of the arguments in it had been really solved if you happen to construct with proof-of-stake on a second layer. Let me go shortly 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 pattern. It is advisable 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 really has a centralizing pattern. The stakers get an even bigger and larger portion of the overall 100% share of the belongings over time. As a layer one, as a foreign money, that does not make loads of sense.
