On: El Salvador abandons Bitcoin as legal tender

[speakfreely]

I think you're confusing proof of work with proof of stake. The integrity of the Bitcoin network is enforced by the miners agreeing on the rules, not by anyone staking their ownership for governance.

[pineaux → speakfreely]

What about if you hack a lost wallet and then you transfer the coins to yourself. No proof of work needed then. It is just there, in your wallet.

[jeffhuys → pineaux]

Just… really suggest you take a deep dive into blockchain technologies. You’re confusing a few things.

[bavell → pineaux]

Sure, all you have to do is compute until the heat-death of the universe. No proof of work needed!