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Can pow and pos be mixed and run alternately?
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Topic: Can pow and pos be mixed and run alternately? (Read 67 times)
ziranshenqi
(OP)
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Merit: 2
Can pow and pos be mixed and run alternately?
September 10, 2023, 03:06:14 PM
Merited
by
dbshck
(2)
#1
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.
Stalker22
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Activity: 1610
Merit: 1381
Re: Can pow and pos be mixed and run alternately?
September 10, 2023, 05:01:41 PM
#2
Quote from: ziranshenqi on September 10, 2023, 03:06:14 PM
~ˇ
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).
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rat4
Full Member
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Activity: 326
Merit: 197
Two-way squared
Re: Can pow and pos be mixed and run alternately?
September 11, 2023, 11:54:56 AM
#3
In 2012
PeerCoin
, the first blockchain to incorporate PoS, combined both in a way. Later in 2014
BlackCoin
was based off their ideas, but limited mining by a total number of blocks. Recently
Zcash
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.
Blacknet: PoS, zApp, ZeFi
mocacinno
Legendary
Offline
Activity: 3500
Merit: 5074
https://merel.mobi => buy facemasks with BTC/LTC
Re: Can pow and pos be mixed and run alternately?
September 11, 2023, 12:06:39 PM
#4
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
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