Top all-time · #8337
yanmaani's blog
Personal blog · yanmaani.github.ioeconomicssecurity
yanmaani's blog is a personal blog at yanmaani.github.io about economics and security. Since 2021, 9 different Hacker News readers have linked it 12 times, most often “Proof of stake is incapable of producing a consensus”. It is still writing: the last post was on 2026-10-15, and you can follow it by feed.
Too few sampled comments (8) to say how often HN recommends it.?
Why HN links it
HN readers link this blog's posts arguing that proof-of-stake is a scam, and a post on EU Council regulation, often as support for their own points on crypto and online access.
Summarised by Claude from a sample of 8 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
Blog.
Most-linked posts?
- Proof of stake is incapable of producing a consensus7 people · 7 mentions · first linked 2021-11-28
- Does the EU's ban on RT also ban Tor?2 people · 3 mentions · first linked 2022-03-02
What Hacker News says?
Web3 feels like the next grift after we caught on to ICO's. From the article: > The problem here is the profit motive: people who are working on web3 generally want to get paid for it, but it's fundamentally harder to extract rent from truly decentralized systems than it is from centralized ones. Because of that, people end up building systems that are centralized at their core, with some aesthetics of decentralizat…
Comment linking /proof-of-stake-is-a-scam-and-the-people-promoting-it-are-scammers/
on “Web3 is centralized”Submitted Proof of stake is incapable of producing a consensus as a story · 786 points
HN discussionAny thoughts on this: https://yanmaani.github.io/proof-of-stake-is-a-scam-and-the-...
Comment linking /proof-of-stake-is-a-scam-and-the-people-promoting-it-are-scammers/
on “Bitcoin's fungibility graveyard”Submitted Does the EU's ban on RT also ban Tor? as a story · 85 points
HN discussionIt's bullshit: https://yanmaani.github.io/proof-of-stake-is-a-scam-and-the-...
Comment linking /proof-of-stake-is-a-scam-and-the-people-promoting-it-are-scammers/
on “The Merge”Submitted No, Ethereum Name Service is still a clown show as a story · 77 points
HN discussionPlease remember that doing so might get you in trouble https://yanmaani.github.io/does-council-regulation-eu-2022/3...
Comment linking /does-council-regulation-eu-2022/350-make-it-illegal-to-operate-a-tor-node-in-the-eu/
on “Help Censored Users – Run a Tor Bridge”Submitted A modest proposal to fix web search as a story · 21 points
HN discussionI'm not convinced proof-of-stake works at all: https://yanmaani.github.io/proof-of-stake-is-a-scam-and-the-... It's almost certainly better for the environment / our continued existence than proof-of-work, if we must suffer cryptocurrency, but I don't trust people who were willing to continue to engage with proof-of-work for years to create an ethical (or even functional) alternative.
Comment linking /proof-of-stake-is-a-scam-and-the-people-promoting-it-are-scammers/
on “Ethereum Goerli testnet merge goes live before move to proof-of-stake”In that case they are illegal. https://yanmaani.github.io/does-council-regulation-eu-2022/3...
Comment linking /does-council-regulation-eu-2022/350-make-it-illegal-to-operate-a-tor-node-in-the-eu/
on “Advice on accessing BBC News”> Ethereum will use dramatically less carbon to be more secure Why is that? PoS security model is fundamentally different from PoW - for instance - you cannot determine which of the two chains is "correct" anymore, you have to consult "a friend" [0]. That's not the case in Bitcoin, where the correct chain is simply the longest. All PoS algos are very complex and have a ton of seemingly bandaid solutions for various…
Comment linking /proof-of-stake-is-a-scam-and-the-people-promoting-it-are-scammers/
on “Ethereum Energy Consumption”"Proof of stake is a scam and the people promoting it are scammers" [0] > humans figuring out how to do something they want to do Humans don't want tulips that much (or monkey GIFs, or Amway toothpaste, or whatever the scheme du jour is). They want to get rich quick, and to show off their status to their peer group. If collecting tulips however is destroying the planet, you and I have a responsibility to make this s…
Comment linking /proof-of-stake-is-a-scam-and-the-people-promoting-it-are-scammers/
on “Snake in a block – how I ran snake on Ethereum”