Comment by nivertech

1 day ago

he wrote

> The Rube Goldberg of PoW isn't just for show, it's a protection from Sybil attack

he cherry picked PoW

no, Nakamoto-style consensus is not the same thing as PoW, or even PoW+LCR, not even the same thing as Bitcoin consensus.

Nakamoto-style consensus simply means that we're doing a leader election, and the leader does the transaction validation (aka mining a block in Bitcoin-speak).

The novelty of Nakamoto-style consensus is how we're doing this leader election, i.e. using PoW, PoW+LCR, PoS, PoET, PoA, Proof-of-X, etc.