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Celestia's Bold Proposal: Ditching PoS for 'Proof-of-Governance' Amid Team Sell-Off Controversy
As a seasoned crypto analyst, I dive into Celestia's controversial proposal to abandon Proof-of-Stake (PoS) in favor of a radical 'Proof-of-Governance' model. While the team claims this move will combat inflation and boost TIA's value, alarming reports reveal $100M+ in insider sell-offs. I break down the economic implications, governance risks, and whether this is genuine innovation or a well-timed exit strategy. Spoiler: The numbers tell a suspicious story.
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cryptocurrency
blockchain governance
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5 days ago