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Author Topic: with the steady rise of LTC why not implement a POS  (Read 503 times)
nonbody
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July 09, 2015, 12:54:45 PM
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why dont the devs of LTC simply change the code to allow for POS, surely this would push the price up eve further
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spazzdla
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July 09, 2015, 01:07:23 PM
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why dont the devs of LTC simply change the code to allow for POS, surely this would push the price up eve further

How would it push the price up?

nonbody
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July 09, 2015, 01:13:21 PM
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people would want to buy more and sell less, supply and demand.....
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July 09, 2015, 01:16:26 PM
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couldnt you have a pos and POW hybrid?
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July 09, 2015, 01:18:03 PM
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OP sounds like a greedy get rich quick guy
nonbody
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July 09, 2015, 01:24:31 PM
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rofl was just a suggestion, how does it make me a greedy person?
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July 09, 2015, 01:25:45 PM
 #7

No! Leave LTC alone, its perfectly fine being the no.2 crypto and pow.
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July 09, 2015, 01:27:49 PM
 #8

apologizes Cheesy, was just wondering why it hadn't been done, IE what are the negatives of implementing a POS peroid
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July 09, 2015, 01:42:20 PM
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rofl was just a suggestion, how does it make me a greedy person?

You want to change the code for the sole reason to make money........................................
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July 09, 2015, 01:43:41 PM
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apologizes Cheesy, was just wondering why it hadn't been done, IE what are the negatives of implementing a POS peroid

You'd need to hard fork.. that is not taken lightly, you'd change the supply a HUGE change... not many ppl would like that at all.


Don't take the aggression personally eh!

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July 09, 2015, 01:46:33 PM
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fair enough Smiley
kevindurant
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July 09, 2015, 03:24:46 PM
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why dont the devs of LTC simply change the code to allow for POS, surely this would push the price up eve further

That's one of the worst suggestions I've read this year. We like LTC with their POW, staking is against Bitcoin logic. If you like pos' and masternodes please go to other coins. There are multiple pos/mn shitcoin in altcoin announcements board.

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July 09, 2015, 03:46:50 PM
 #13

Lol, OP complete clueless.
Would you pay top Dollar and buy a gold/silver mine which is mined empty? Would you make large investments and buy machinery when you could only get leftovers out?



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nonbody
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July 09, 2015, 04:26:05 PM
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Lol, OP complete clueless.
Would you pay top Dollar and buy a gold/silver mine which is mined empty? Would you make large investments and buy machinery when you could only get leftovers out?
OP must be a benefit recipient and firmly believes to get everything for nothing.



no need to be rude, was just a question. i understand what you are hinting at. although this is the internet there is no need to be a complete A hole  Smiley
PS thanks for explaining
spazzdla
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July 09, 2015, 05:19:32 PM
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I agree there is no need for rudeness.  Be kind to the new ones.
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