Investment Strategist Lyn Alden Says PoS Is ‘Legacy Tech’, ‘Outdated’, ‘Oligopolistic’

Highly respected equity research analyst and investment strategist Lyn Alden criticized Proof-of-Stake (PoS), and said earlier today that Ethereum’s transition to PoS (which is expected this year) would change it from a commodity to an equity. In a Twitter thread, Alden talked about both Bitcoin, which uses Proof-of-Work (PoW), and Ethereum, which is currently using PoW on […]