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pow just uses way too much electric.
yeah the only drawback..
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I would have to say that POS is much safer for the coin itself, as it forces people to own the coin that they want to compromise if they want to do that. This makes no sense though, because if they want to compromise the coin they're going to be compromising their own asset-- meaning that they're going to lose money if they do this. People who own mining rigs won't have the same issue, as they will simply be able to mine another coin and live on with compromising with PoW Check out this for an in-depth comparing of the two ( https://decentralize.today/why-pos-is-better-than-pow-2dc3cd9881a7?gi=7c9f061772cc) I agree with you here, "POS is safer for the coin itself" so if all the coins moves to POS, then it means to mine i have to own the maximum stakes of the coin i want to mine, right?
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Ethereum is going to shift from PoW to PoS, obviously its hurting the miners community also, raising questions over the security, developers are worried about the security of PoS, PoS have advantage over PoW in terms of energy, but is going to be secure as much as PoW?
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Monero has been a popular cryptocurrency in Japan but gathered a lot of criticism from the authorities for its potential use by criminals and increasingly used by drive-by miners. As a result, FSA worked on its regulatory measures that included a ban on tokens that offers a high level of anonymity and privacy. More: https://coingape.com/coincheck-bans-4-cryptocurrencies/
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The company claims to reduce the block time from 15s to 6s. First of all, the current block time of Ethereum is about 12s. And don’t you think if it has been so easy to achieve, Ethereum would have done it itself. Apparently, they couldn’t! See more: https://coingape.com/etherinc-einc-ico-review-rating/
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With OKEx listing, Zilliqa (ZIL) saw a surge of 20 percent while the majority of the cryptocurrency market experienced red. The rise in Zilliqa price started with the launch of its prototype testnet which means with Zilliqa’s testnet v2.0 and MainNet launch coming up in Q2 and Q3 respectively, will have its prices soar further. Continue reading: https://coingape.com/zilliqa-price-registers-double-digit-gains/
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Bytecoin, BCN price registers more than 130 percent spike after getting listed on the biggest cryptocurrency exchange, Binance. The privacy-focused coin is working its way to reach the $0.1 price level in the wake of this bullish momentum. here is more: https://coingape.com/bcn-price-skyrockets-by-binance-listing/
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While the majority of the cryptocurrency market is experiencing red with BTC down 2.56%, a 6.55% slope in ETH, 5% loss in Ripple, and so on, EOS is currently the only coin among the top 25 cryptocurrencies with any gains. With its Mainnet Launch coming up, EOS price is expected to rise to its $20 peak yet again. Here is more: https://coingape.com/eos-price-bullish-while-crypto-market-correction/
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products that are ready to be used?
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As the popularity and value of Bitcoin increases so do its adoption. Recently, about 4,000 new ATMs were introduced in Argentina. A drastic transformation in this sphere is being brought by Tangem that is trying to make the cash like transaction through cryptocurrencies a possibility for the users. Tagem, a new smart banknote platform is launching the bitcoin banknotes in Singapore, which is known for its blockchain and crypto favorable regulatory measures. The notes will be on sale at the Megafash Suntec City store. The aim is to mass produce the physical notes of bitcoin in millions by the end of 2018. Continue reading: https://coingape.com/bitcoin-banknotes-ready-to-replace-traditional-currency/
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Today, Ethereum Price has reached close to touching the $750 value in the wake of Reddit co-founder’s more bullish sentiment towards Ethereum than Bitcoin as he believes it would reach $15,000 price level by the end of this year. In the meantime, Ethereum is awaiting US regulator’s decision on whether it should be regulated as a security or not. continue reading: https://coingape.com/ethereum-price-closing-750-following-reddit-prediction/
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Bitcoin Cash price gets a boost as the London Block Exchange adds support and gets close to hitting the $1,500 price level. Despite the recent controversy around Roger Ver, a vocal BCH supporter, Bitcoin Cash is experiencing a good support. Bitcoin Cash price is up more than 12 percent at the moment outpacing a number of major cryptocurrencies like Bitcoin, Ethereum, Ripple, and EOS among others. Though most of the cryptocurrency market is experiencing a good surge, Bitcoin Cash is certainly gaining the ground over others as it reaches $1,457. continue reading: https://coingape.com/bitcoin-cash-bch-rises-with-lbx-listing/
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I am looking for telegram channels particulary news channels to stay updated with the crypto world. plz help
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About NuCypherA decentralized Key management system (KMS), NuCypher KMS offers a privacy layer to the distributed systems and decentralized applications. Through its proxy re-encryption and access control services, NuCypher KMS allows DAPP developers to store, share, manage, and secure their data on the blockchain. A body armor for data, it further enables a user to delegate the decryption rights which cannot be achieved by the traditional encryption schemes. NuCypher’s native token is used as fees and to incentivize the network participants to operate nodes. See the complete analysis: https://coingape.com/nucypher-ico-review/
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