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Title: Best pure POS coin? (or alternative 'mining') Post by: human on August 01, 2014, 04:21:54 PM Let's compile a list if currently pure 100% POS coins and other coins with other methods to secure a distributed blockchain without POW.
I'll make the start: Blackcoin X15 NXT Quora Bitshares Peershares? Is this real? Title: Re: Best pure POS coin? (or alternative 'mining') Post by: ChuckOne on August 01, 2014, 04:23:48 PM Qora.
NODE aka NXTL. BitShares. Title: Re: Best pure POS coin? (or alternative 'mining') Post by: human on August 01, 2014, 08:53:23 PM Qora. NODE aka NXTL. BitShares. NODE does not exist AFAIK. BitShares, they had mining at the beginning. Can not find quickly whether they are still doing POW and just talking/writing about DPOS... there is a lot of vaporware in cryptoland. Title: Re: Best pure POS coin? (or alternative 'mining') Post by: billotronic on August 01, 2014, 09:08:32 PM Hyperstake (https://bitcointalk.org/index.php?topic=678849.0) is 100% PoS
Title: Re: Best pure POS coin? (or alternative 'mining') Post by: boxuser on August 01, 2014, 10:54:49 PM whats so great about POS anyway?
Title: Re: Best pure POS coin? (or alternative 'mining') Post by: GreenBacksTeam on August 01, 2014, 11:02:04 PM GreenBacks will be 100% POS when it comes out. Not going to try to persuade anyone into supporting it now, we'll let our ann and whitepaper do the talking for us.
Title: Re: Best pure POS coin? (or alternative 'mining') Post by: brekyrself on August 01, 2014, 11:11:43 PM Qora. NODE aka NXTL. BitShares. BitShares, they had mining at the beginning. Can not find quickly whether they are still doing POW and just talking/writing about DPOS... there is a lot of vaporware in cryptoland. BitShares is up and running DPOS, no mining. During the funding phase you could mine Protoshares (PTS) which gave you a 50% stake in BitShares. The other 50% came from Angelshares, people could fund directly instead of mining. You can still mine PTS which gives you shares in future products beyond BTSX. More information: DPOS algorithm http://wiki.bitshares.org/index.php/DPOS Titan http://wiki.bitshares.org/index.php/TITAN Last but not least the market based trading, think bitUSD, bitGold, bitSilver etc... http://wiki.bitshares.org/index.php/Bitshares_X Let's talk Bitcoin! episode 129. Starts around 12 minute mark with the lead dev Dan. Great listen. http://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-129-dogeparty-and-delegated-proof-of-stake Title: Re: Best pure POS coin? (or alternative 'mining') Post by: billotronic on August 02, 2014, 02:31:39 AM whats so great about POS anyway? Well in my very biased and bigoted opinion, PoW does nothing but waste a fuck ton of electricity which regrettably is usually made by the burning of fossil fuels (or worse). PoS on the other hand, can be fully utilized on something as basic as a Raspberry Pi that can easily be solar powered for a 'reasonable' amount on money. I say reasonable in the sense that it would be insanely cost prohibitive to power a GPU card or ASIC via solar cells for generation of coins/network health. You want to use crypto currency to change the world, its much more feasible to connect the world with pi's then a gpu farm. [edit] Or wind etc... maybe a pig farmer could burn enough methane to make it profitable but thats getting pretty far fetched. Title: Re: Best pure POS coin? (or alternative 'mining') Post by: merockstar on August 02, 2014, 04:53:57 AM Qora. NODE aka NXTL. BitShares. NODE does not exist AFAIK. BitShares, they had mining at the beginning. Can not find quickly whether they are still doing POW and just talking/writing about DPOS... there is a lot of vaporware in cryptoland. vaporware: https://github.com/dacsunlimited/bitsharesx/releases/ Transactions confirm instantly. DPOS works beautifully so far. Title: Re: Best pure POS coin? (or alternative 'mining') Post by: meganite on August 02, 2014, 05:22:38 AM whats so great about POS anyway? Well in my very biased and bigoted opinion, PoW does nothing but waste a fuck ton of electricity which regrettably is usually made by the burning of fossil fuels (or worse). PoS on the other hand, can be fully utilized on something as basic as a Raspberry Pi that can easily be solar powered for a 'reasonable' amount on money. I say reasonable in the sense that it would be insanely cost prohibitive to power a GPU card or ASIC via solar cells for generation of coins/network health. You want to use crypto currency to change the world, its much more feasible to connect the world with pi's then a gpu farm. [edit] Or wind etc... maybe a pig farmer could burn enough methane to make it profitable but thats getting pretty far fetched. +10^6 Title: Re: Best pure POS coin? (or alternative 'mining') Post by: juicyjuice87 on August 02, 2014, 05:39:43 AM whats so great about POS anyway? Well in my very biased and bigoted opinion, PoW does nothing but waste a fuck ton of electricity which regrettably is usually made by the burning of fossil fuels (or worse). PoS on the other hand, can be fully utilized on something as basic as a Raspberry Pi that can easily be solar powered for a 'reasonable' amount on money. I say reasonable in the sense that it would be insanely cost prohibitive to power a GPU card or ASIC via solar cells for generation of coins/network health. You want to use crypto currency to change the world, its much more feasible to connect the world with pi's then a gpu farm. [edit] Or wind etc... maybe a pig farmer could burn enough methane to make it profitable but thats getting pretty far fetched. What a champ Title: Re: Best pure POS coin? (or alternative 'mining') Post by: MMXIV on August 02, 2014, 06:42:03 AM MMXIV just switched chains to go pure Proof of Stake
https://bitcointalk.org/index.php?topic=623884 (https://bitcointalk.org/index.php?topic=623884) Title: Re: Best pure POS coin? (or alternative 'mining') Post by: testz on August 02, 2014, 08:30:30 AM +1 BitShares family (DPOS)
http://wiki.bitshares.org/index.php/DPOS Title: Re: Best pure POS coin? (or alternative 'mining') Post by: madawc on August 02, 2014, 08:45:54 AM +1 BitsharesX
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