Leister
๐ค SpeakerAppearances Over Time
Podcast Appearances
Then later, they wanted to do staking.
At first, they said it couldn't be done.
They wanted to do it.
when everything shifted away from the UTXO model.
And this by the way is under their FAQ.
They did say we're dropping UTXO.
They just didn't elaborate to simplify it down for the layman user.
So you could understand what does that mean?
How does it affect you?
How does it change?
And they never changed the marketing to this day.
They're still making claims about the speed of the darn thing and the layers and the parallel, their parallel is not there.
performance isn't really there it gets brought to its knees anybody tries multiple people try to go and do claims so it's clearly not what they claimed it's just a regular layer one chain no different than polygon right polygon with that sunflower game where the game brought it to its knees for a couple hours that's what you have here so their marketing is false now here's why it matters
When they moved away from the original model, at that point, mining is not really a thing because if you're not proof of work, there is no mining.
If you're proof of stake, which if you have a staking app, you're effectively proof of stake.
It's been quoted multiple times.
There's going to be pools.
You stake into the pools and you get rewards.
That's proof of stake.
If it's proof of stake, there is no mining.