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Users
(comment)
There were coins which was mineable but also stakeable at the same time (POS+POW). Such as Reddcoin was like this for a year or so, before it went to POS only. Ethereum will also be POS+POW before i...
@Geri
2 years ago
(comment)
I have never thought POW Blockchains can be scalable or decentralised with Bitcoin there is a problem of Miner Centralisation. Also, what about the power consumtion debate, POW uses lot of computing...
@bulletgelly
2 years ago
(comment)
POS could use POW to initially create the coin. It is the only known way to decentrally & fairly distribute coin. I do not see that POS is different from POW in regards to selling. To mix and matc...
@zawy
3 years ago
(comment)
Thats a good question. Although I'm NOT a technical expert, I don't think that the slow speeds are inherent to PoW. For example, both BCH and ETH use PoW, but BCH transfer fees are quite quick with...
@The.Part.Time.E...
3 years ago
(comment)
i also see two problems with PoS PoW also allows the timing of blocks (blocks times are calibrated by using the work and the difficulty), making timing independent to clocks, time is work, clock...
@ewyr
2 years ago
(comment)
I agree with the point that POS is not good for the liquidity and circulation (so mass adoption) of the coins. BCH is aimed to be used as money, not to be hoard. Given this target, POW looks better,...
@paco28
2 years ago
(comment)
really bad article, because the answers seem obvious. Either make a stronger case or im calling this FUD. Should Avalanche be allowed to orphan blocks? YES, in the final stage: we (nodes) have...
@tula_s
3 years ago
(comment)
I like your argument. Though you need to consider that PoW is not only for achieving consensus or security by mathematical means. Entities with hashpower decide what will get written into the ledger...
@Hossein.Amin
2 years ago
(comment)
Some questions to the list in the conclusion: It should be stable, and not prone to oscillations; Oscillations of what? Do you mean block interval variance or hashrate switching? Realizi...
@pein
3 years ago
(comment)
so if 100% of the budget goes to pow security is it a 100% tax? what if 30% goes to SW 30% goes to pow sec, 30% to customer support and marketing and 10% back to hodlers as dividends? That is a 70%...
@tula_s
4 years ago
(comment)
I am using POW and POS coins right now. I am also staking a POS coin. I thought they are the future. However, right now, i am not sure. Interestingly enough, the POS coins seems to have smaller user...
@Geri
2 years ago
(comment)
এই বৈঠকে (টুইট) উল্লেখ করে, "# বিটকয়েনক্যাশকে কি প্রশাসনের প্রয়োজন?" এই সংক্ষিপ্তসারটি আমার নিজের মতামত দ্বারা দৃ strongly়ভাবে প্রভাবিত হয়েছে তবে আমি মনে করি এটি আলোচনার সংক্ষিপ্তসার থেকে খুব বে...
@Her-bert
3 years ago
(comment)
We will have to see what his next move will be. PoW in my opinion is not the problem. Bitcoin Cash is also running on PoW and we have made it more efficiently than BTC. Nobody complains about the el...
@Pantera
2 years ago
(comment)
POS would be better than POW. Or POW+POS combined. And it wouldnt be a big job, its a quick copypaste from Reddcoin's source code basically.
@Geri
2 years ago
(comment)
Dams store energy by letting the water get higher. It's not as flexible as gas peaking units, but a heck of a lot better than solar (without expensive batteries). Solar producing too much durin...
@zawy
3 years ago
(comment)
I am not against Proof of Stake, I am really not. I just think there is also value in BCH focusing on PoW due to its differentiation when compared to Ethereum, especially for when ETH goes to PoS....
@JustinBons
4 years ago
(comment)
I am guessing Avalanche would have been it. A much better solution to the real problem. I don't know much about Avalanche, or much about node development for that matter (don't speak c/c++), s...
@nyusternie
3 years ago
(comment)
PoW>PoS Hey, you can say the same thing for Bitcoin, Bitcoin Cash, and other PoW coins. Has a solid roadmap A roadmap is more or less a promise the developers need to go or they lose...
@RowanSkie
3 years ago
(comment)
Like this short overview of PoS vs. PoW. Do you know how much better PoS is comparing to traditional payment systems. We know now PoW is slow and with Ethereum state leads to troubles , but can ther...
@Swca.ch
3 years ago
(comment)
I don't agree with everything he wrote but he's not wrong re. CAPEX being the guarantee of security. PoS is really not a hard stake, you can dump it at will and exit the business at the expense of w...
@bitcoincashauti...
3 years ago
(comment)
Oho!1st when I see you describe the wine with delicious dishes but it was not less than spicy words.Sure!POW and POS both are mining but I believe on POS.Exactly,there is loss factor in POS but When...
@Zeshan3333
2 years ago
(comment)
Avalanche isn't going to be the end of proof of work on BCHA I really appreciate that ABC wants to protect PoW (Nakamoto Consensus); but Antony doesn't make mention of "how", just that it's th...
@nyusternie
3 years ago
(comment)
Yes i agree with your points as both has the more or less technical advantage. So to counter it, Hybrid PoW/PoS has a mechanism to eliminate these problems as the next solution. Example- in PoS if...
@CryptoSmart
3 years ago
(comment)
Yes that's really a good point @CryptoSmart , but I think as the PoS grows and gets popularity and many coins adopt it then there's also a chance for new community/smart contracts driven initiatives...
@Ashma
3 years ago
(comment)
POS coins seems to be fine security-wisely. All the 51% drama in the past few years was affected POW coins (for example, the reorg of vertcoin). If the developers decide to switch to a POW+POS so...
@Geri
4 years ago
(comment)
There is no community that is fractured. There are influencers trying to gain, hold or regain influence over the development of Bitcoin Cash BCH with other means than code. Delegation does happen...
@Koush
3 years ago
(comment)
Some of these other options are: (4) Avalanche consensus to determine which block is chosen every 10 minutes. If we get rid of PoW entirely, then we don't need a DAA any longer. But how like...
@jtoomim
3 years ago
(comment)
Bitcoin (Cash) was created as a trustless system, where work are rewarded with PoW. The governance, however its objectives, is essentially rewarded without any Work or contribution to the network (...
@nghiacc
3 years ago
(comment)
The DAA change will also affect all BCH wallets, not just nodes. Teams like Electron Cash, Bitcoin.com, and read.cash will need to update their code with the new DAA. I don't think this is 10...
@Jonas
3 years ago
(comment)
Thanks for submitting. I have to be honest and say the writing quality of the article is very poor - both in grammar as well as in the structure and content - it is a topic on which there is a lar...
@btcfork
4 years ago
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