Proof of stake might not be the endgame we thought it was.
In today's episode, we sit down with John Adler from Celestia to explore his controversial "proof of governance" proposal that's been ruffling feathers in crypto Twitter.
John argues staking creates fake yield through inflation while creating unfair validator economics. His solution? Skip staking entirely and move to governance-based validator selection.
We dive into how this could slash issuance by 20-40x, why validators are "cucks" in the system, and how burning fees becomes viable without massive inflation.
Let's get into it.
The Rollup