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The necessary exclusivity required for PoS to function limits its utility, and limits the growth potential of any network which relies upon PoS as its primary consensus mechanism. PoS networks will be undermined by cheaper, more reliable, more secure, and more accessible systems based on Proof-of-Work.To maximize their computing power, miners have developed specialized gear to plow through hash functions as fast as possible. They have assembled enormous collections of these machines, pooled their resources, and concentrated in places where electricity is cheap, so as to maximize profits. These trends have led to the increasing centralization and professionalization of mining. monero валюта lootool bitcoin client ethereum 3 bitcoin

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But while the utopians believed everyone would become 'hip and rich,' the dystopians believed that a consumer Internet would be a panopticon of corporate and governmental control and spying, the way William Gibson had imagined. They set out to save themselves from it.

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