Earlier quoted context omitted.
I didn't say anything about POS, but if you want to discuss it IOHK has done a significant amount of academic work in the field, which has been deployed with Cardano. Tezos is in operation now and has been for over a year doing delegated POS, and they're at the same level of academic rigor as the IOHK team. My comment about ETH is an explanation of why it causes people to be anti-cryptocurrency. Its only actual worki…
The academic part would be interesting. The time of operation matters less, as if there is a fundamental flaw, it would go in flames over night. Anecdotally that point was demonstrated by a 50%+1 attack on one of PoW clones, which worked fine until someone actually bothered to make it happen. I still don't think your comment on ETH and scams is either objective, or relevant to a technical discussion. As for smart con…
Smart contracts in general have not been well thought through or implemented correctly. It has a lot to do with the platform if the platform enables it. Gas is nothing new, it's just a transaction fee.
Turing completeness in smart contracts is a bug, not a feature -- which is why it was taken out of bitcoin in 2010.