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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ziranshenqi on September 10, 2023, 03:06:14 PM



Title: Can pow and pos be mixed and run alternately?
Post by: ziranshenqi on September 10, 2023, 03:06:14 PM
Many people are debating what should be used between POW and POS.But why not set up a program to run them alternately?It will combine the advantages of both,and this will allow both parties to cooperate and concentrate more resources on developing blockchain.Can anyone develop such a project?For example, add a pow block to every few pos blocks, when doing accounting.


Title: Re: Can pow and pos be mixed and run alternately?
Post by: Stalker22 on September 10, 2023, 05:01:41 PM

Can anyone develop such a project?

We already have that, it is called the Proof-of-Activity (PoA) algorithm.
https://www.investopedia.com/terms/p/proof-activity-cryptocurrency.asp

Quote
Proof-of-activity (PoA) is a blockchain consensus algorithm used in cryptocurrencies and similar systems. It is used to ensure that all transactions occurring on the blockchain are genuine, as well as to ensure that all miners arrive at a consensus. PoA is a combination of two other blockchain consensus algorithms: proof-of-work (PoW) and proof-of-stake (PoS).


Title: Re: Can pow and pos be mixed and run alternately?
Post by: rat4 on September 11, 2023, 11:54:56 AM
In 2012 PeerCoin (https://bitcointalk.org/index.php?topic=101820.0), the first blockchain to incorporate PoS, combined both in a way. Later in 2014 BlackCoin (https://bitcointalk.org/index.php?topic=469640.0) was based off their ideas, but limited mining by a total number of blocks. Recently Zcash (https://bitcointalk.org/index.php?topic=1626185.0) announced plans of a transition phase where the two coexist in other way.

While the mix is possible, don't forget that it brings not only advantages, but also disadvantages.


Title: Re: Can pow and pos be mixed and run alternately?
Post by: mocacinno on September 11, 2023, 12:06:39 PM
If you want another example, i used to mine coin magi (in a very distant past)

https://github.com/m-pays/magi#intro

9 years ago, there already was a coin that combined POW en POS :)