Smallish groups of consolidated power already control the future of the crypto c... | Hacker News

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		Rapzid on May 18, 2021 \| parent \| context \| favorite \| on: Ethereum will use around 99.95% less energy post m... Smallish groups of consolidated power already control the future of the crypto currencies; see the migration to PoS. Crypto has made very little(perhaps zero) progress toward any solution in decentralizing power.

reedjosh on May 18, 2021 [–]

At least with privacy coins censoring transactions shouldn't be possible.

Also with Monero anyone can cpu mine it, and transaction participants are obfuscated.

With ARRR, miners don't know the identity of transaction participants.

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