- Michael Saylor states Bitcoin is stable, secure, and efficient because of Proof of Work and ASIC technology advances.
- Saylor argues that PoS protocols are inherently unstable, inefficient, opaque, and risky.
- Bitcoin’s increasing hash rate proves more and more people want to mine it.
MicroStrategy Founder and Executive Chairman Michael Saylor yet again advocates his support for Bitcoin as a stable, robust, and increasingly secure and efficient crypto developed on Proof of Work(PoW) and ASIC technology advances.
Comparing Bitcoin’s PoW with Ethereum’s Proof of Stake (PoS), he said that PoS protocols are inherently unstable, inefficient, opaque, and risky due to their fragile design.
#Bitcoin is engineered to be stable, robust, and increasingly secure & efficient over time based on Proof of Work and ASIC technology advances. Proof of Stake protocols are inherently unstable, inefficient, opaque, and risky due to their fragile design.The post Michael Saylor Says POW More Stable, Robust, and Secure Than POS appeared first on Coin Edition.