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Title: Competition forces cryptocurrency developers to be smarter Post by: logger on March 26, 2015, 01:49:13 PM he competition between proof-of-work and proof-of-stake algorithms has been going on for many years.
Each of the algorithms has its advantages and disadvantages, its followers and opponents. But anyhow, the ongoing competition between the two main ways to approach emission makes all the players on the market to come up with new ways to attract users, to develop, to be smarter. Check out the new player on the POS side (http://cointelegraph.com/news/113791/neucoin-whitepaper-reveals-first-mathematically-watertight-proof-of-stake-currency). Title: Re: Competition forces cryptocurrency developers to be smarter Post by: lovegood on March 29, 2015, 02:15:22 PM Looks like a good step forward, the time'll show how it's going to work.
Title: Re: Competition forces cryptocurrency developers to be smarter Post by: e-coinomist on March 29, 2015, 02:54:24 PM Looks like a good step forward, the time'll show how it's going to work. Time has shown that neither POW nor POS is a sure winner, so my bet both will get washed away by another next to come principle. Otherwise this would have had enough time to be settled by now. Title: Re: Competition forces cryptocurrency developers to be smarter Post by: MicroGuy on March 29, 2015, 05:59:29 PM In terms of value, competition forces developers to be smarter by making their treasures more rare and more desirable. The rules for coin generation and brand are primary, network growth is secondary, and the mining algorithms themselves mostly a shadow of the other vital attributes.
Title: Re: Competition forces cryptocurrency developers to be smarter Post by: Hollowman338 on March 29, 2015, 09:12:05 PM Like the natives of the Americas warring while Spain sails. The Clotho-Hydra achieves full certainty in 500ms globally, limited mostly by the speed of light. Beg, borrow, steal not-MØ. No one will ever use your shitbox ideal reserve. ever. Title: Re: Competition forces cryptocurrency developers to be smarter Post by: Hollowman338 on March 30, 2015, 03:10:45 AM No one will ever use your shitbox ideal reserve. ever. Where have you been? I've missed you! I really enjoyed giving all of your giveaway money to the CCTers. I thought of you every, single, time. Should we take your prediction literally? (https://www.reddit.com/r/IdealReserveOTC/about/traffic/) Beg, borrow, steal BTC. I admire your persistence. I really do. I'm sure you'll scam plenty and acquire a decent portfolio because of it. |