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Author Topic: Hashers are not miners, and Bitcoin network doesn't need them.  (Read 6760 times)
FandangledGizmo
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January 30, 2014, 01:04:53 PM
 #81

Because the vulnerability centralisation of mining creates has been solved by POS crypto-currencies.
Except for first mover advantage Bitcoin is already worthless/obsolete.

Bitcoin can either seriously try and fix the problem now, or be relegated to the dustbowl of history the next time there is a serious double spend attack.

And you are holding how many, and of what type, of coinage?

I'm asking because I wonder if you're full of hot air or actually have your head pulled out.

Bitcoin              70%
NXT        (POS)  20%
Bitshares (POS)  5%
Other               5%

Disclosure: I'm not very smart because included in the 'other' camp I also just bought 'Kittehcoin'  Huh Only because I can see a ridiculous Doge vs. Kitteh  battle starting next week...
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