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Title: A question for the more technically inclined Bitcoiners Post by: tokeweed on January 19, 2015, 12:46:33 AM I was just wondering what you guys think of Burstcoin's POC (proof of capacity) in mining new coins.
https://i.imgur.com/xQCtLG7.jpg Could this be a viable option for developers of new projects going forward? (I know there's an argument for POS, and I do like a couple of POS projects, but hoarding coins to get more just doesn't seem right if you want an expanding, flourshing economy. Not taking away from POS, just apersonal opinion.) Anyway, I just want what some of you guys, dev or miner, think of POC? Thanks. Title: Re: A question for the more technically inclined Bitcoiners Post by: madmadmax on January 19, 2015, 01:52:13 AM Sounds like a flavour of PoW to me, attempting to leverage it as innovation will only get them kicked back into the swamp that they rightfully inhabit.
Title: Re: A question for the more technically inclined Bitcoiners Post by: tokeweed on January 19, 2015, 03:06:29 AM Sounds like a flavour of PoW to me, attempting to leverage it as innovation will only get them kicked back into the swamp that they rightfully inhabit. yup. its a different flavor of POW. and i don't think they are attempting to market it as something new. but rather an option that is cheaper and more viable for new miners. are you a dev or miner? can you comment on the technical side? i would really love to hear devs' and miners' opinion on POC. i mean POC could help in developing an asic proof project... Title: Re: A question for the more technically inclined Bitcoiners Post by: GrandmaJean on January 19, 2015, 05:59:07 AM Any fork to bitcoin that involves mining be done in any way other then 100% PoW means that the new coin is no longer "Bitcoin" but some other altcoin
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