Too Long; Didn't Read
Vitalik Buterin recently made a massive series of <a href="https://twitter.com/VitalikButerin/status/1029900695925706753" target="_blank">tweets</a> where he described his line of thinking regarding Proof of Stake (POS). It was quite technical and filled with a bunch of jargon, and I doubt that the average person interested in cryptocurrencies can decipher a fifth of what he was talking about. The goal of this post is to explain in simple term where his logic falls apart and why POS doesn’t work.