Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: msg768 on August 31, 2019, 02:40:54 AM



Title: Proof-of-Work vs. Proof-of-Stake. Which is superior and why?
Post by: msg768 on August 31, 2019, 02:40:54 AM
Which one do you think is superior and why?


I think we can all agree that Bitcoin is the most secured POW coin out there but the cost of keeping it this secure is tremendously high and if new demand for Bitcoin fades away, miners will slowly start shutting their machines down and security will come down. The Proof-of-Stake algorithm however doesn't cost as much and provides the same level of security. So my money is on Proof-of-Stake and among all the ones available, I stick with SwiftCash $SWIFT because I've been involved from day one and know for a fact that it's not a scam and has a lot of hidden value to it due to its initial distribution alone. A lot of people who got airdropped had bought the parent coin at well over 20 cents and the parent coin due to bad management is now trading below half a cent :o Now it's your turn. Tell me which one you deem superior and why ::)


Title: Re: Proof-of-Work vs. Proof-of-Stake. Which is superior and why?
Post by: Mahanton on August 31, 2019, 10:34:07 AM
Read up these links and you'll have much more clearer picture on which one is superior but I would say each both of them have pros and cons.

https://blockgeeks.com/guides/proof-of-work-vs-proof-of-stake/
https://bitcointalk.org/index.php?topic=3119559.0
https://medium.com/@poolofstake/how-to-crypto-part-iii-proof-of-work-and-proof-of-stake-664dd2368ad0
https://hedgetrade.com/proof-of-work-vs-proof-of-stake/
https://www.tokia.io/blog/learn/what-is-pow-pos/


Title: Re: Proof-of-Work vs. Proof-of-Stake. Which is superior and why?
Post by: JeffBrad12 on August 31, 2019, 11:57:05 PM
I just use mycrypto.com coin but i thought that if that is not a POS coin but it has already distributed the regular airdrop which has already called CRO. So far that's better than any useless POS coin considers about even its emission already traded on its various exchange site.
I will say POS is a better consensus right now but so many shitcoin was distributing another coin.
The case that you have been mentioned just the one from a lot of cases that are not yet getting mentioned.