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Author Topic: Long Live Proof-of-Work, Long Live Mining - "there is no meaningful alternative"  (Read 15649 times)
The Chainmaker
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December 19, 2014, 03:32:23 PM
 #221

man, I read this thread.  it is a bunch of anti-PoS trolls repeating the same worn out arguments.  every time somebody explains coherently why they are wrong, the fudsters just ramble on with a different bogus talking point.  what a waste   Undecided

If it can be digitized, it should be decentralized
jonald_fyookball
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Core dev leaves me neg feedback #abuse #political


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December 19, 2014, 03:43:26 PM
 #222

man, I read this thread.  it is a bunch of anti-PoS trolls repeating the same worn out arguments.  every time somebody explains coherently why they are wrong, the fudsters just ramble on with a different bogus talking point.  what a waste   Undecided

Please link to the post that you felt had the most coherent explanation of why the article in the OP is wrong.
 

exoton
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December 20, 2014, 01:15:45 AM
 #223

pow is good enough, it need maybe a better transaction validate, a system that can check if a block is valid, without basing its check on the longest chain
The current implementation of PoW already does this. When there are competing blockchains, the one the network accepts as "valid" is the one that has done the most work, although this often happens to be the longest chain, it also prevents people from attacking the network by starting to mine on a blockchain when the network is significantly less then it is now and then building up the blockchain until the block height is the same as it is now
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