Bitcoin Forum
July 22, 2018, 01:30:03 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Right to change POW to POS? Is that legal?  (Read 222 times)
Miner1971
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
January 21, 2016, 12:31:51 PM
 #1

I have question.
If developer of coin decide to shout down POW and make coin only POS is that legal?
What about people who invested in mining that coin?
What will big Farms say if Bitcoin decide to go into POS only and they invested Billions $ for mining
hardware?
What are rights in crypto world to give legal right to developer to change specification of coin when they want?
I hope someone can give me some answers.
fair bitcoin games | pvp - pve - solo pve games | faucet |
Free satoshi code btcoon500
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1532223003
Hero Member
*
Offline Offline

Posts: 1532223003

View Profile Personal Message (Offline)

Ignore
1532223003
Reply with quote  #2

1532223003
Report to moderator
1532223003
Hero Member
*
Offline Offline

Posts: 1532223003

View Profile Personal Message (Offline)

Ignore
1532223003
Reply with quote  #2

1532223003
Report to moderator
a7mos
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500



View Profile
January 21, 2016, 12:39:07 PM
 #2

I do not konw if it is possible or not to change the coin from POW to POS, but in my opionion it will not work without the comunity agreement because even if he release an update and no one download it, his changes will be useless
Miner1971
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
January 21, 2016, 03:01:29 PM
 #3

Thre was no officiall announcment jet, no question if comunnity support that decition. The just make decition by tehmself.
What now can each developer change things about coin as they want?
I hope Bitcoin will not say that revard for block will be ony 1 BTC from tomorrow.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!