Bitcoin Forum

Economy => Economics => Topic started by: cerejobastos on January 24, 2017, 11:24:00 AM



Title: Pos vs PoW
Post by: cerejobastos on January 24, 2017, 11:24:00 AM
Hey there!
Quite new to this, what does PoS and PoW mean? And ehat are the differwnces between them? If possible leave your opinion ob what is the best to investblong term or day trade.

Gracias muchachos


Title: Re: Pos vs PoW
Post by: falala69 on January 24, 2017, 12:10:24 PM
Hey there!
Quite new to this, what does PoS and PoW mean? And ehat are the differwnces between them? If possible leave your opinion ob what is the best to investblong term or day trade.

Gracias muchachos

PoS: Proof of Stake
  • https://en.bitcoin.it/wiki/Proof_of_Stake
  • https://en.wikipedia.org/wiki/Proof-of-stake
PoW: Proof of Work
  • https://en.bitcoin.it/wiki/Proof_of_work
  • https://en.wikipedia.org/wiki/Proof-of-work_system

PoS vs PoW: http://bitfury.com/content/5-white-papers-research/pos-vs-pow-1.0.2.pdf

You could start read those articles first  :)


Title: Re: Pos vs PoW
Post by: Xester on January 24, 2017, 12:30:52 PM
Hey there!
Quite new to this, what does PoS and PoW mean? And ehat are the differwnces between them? If possible leave your opinion ob what is the best to investblong term or day trade.

Gracias muchachos

PoS: Proof of Stake
  • https://en.bitcoin.it/wiki/Proof_of_Stake
  • https://en.wikipedia.org/wiki/Proof-of-stake
PoW: Proof of Work
  • https://en.bitcoin.it/wiki/Proof_of_work
  • https://en.wikipedia.org/wiki/Proof-of-work_system

PoS vs PoW: http://bitfury.com/content/5-white-papers-research/pos-vs-pow-1.0.2.pdf

You could start read those articles first  :)

Those articles will truly help the author understand how pos and pow works. And so I will comment about the best thing to do in trading and i prefer long trade rather than day trading. Day trading needs big capital so you will earn big even in small fluctations, even if 1 satoshi is the increased in price you will earn big since your capital is big. But long trading allows your capital to increase possibly not only ten folds but a thousand folds and if you have a big capital it will change your life.