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Pos vs PoW
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Topic: Pos vs PoW (Read 294 times)
cerejobastos
(OP)
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Pos vs PoW
January 24, 2017, 11:24:00 AM
#1
Hey there!
Quite new to this, what does PoS and PoW mean? And ehat are the differwnces between them? If possible leave your opinion ob what is the best to investblong term or day trade.
Gracias muchachos
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falala69
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Re: Pos vs PoW
January 24, 2017, 12:10:24 PM
#2
Quote from: cerejobastos on January 24, 2017, 11:24:00 AM
Hey there!
Quite new to this, what does PoS and PoW mean? And ehat are the differwnces between them? If possible leave your opinion ob what is the best to investblong term or day trade.
Gracias muchachos
PoS: Proof of Stake
https://en.bitcoin.it/wiki/Proof_of_Stake
https://en.wikipedia.org/wiki/Proof-of-stake
PoW: Proof of Work
https://en.bitcoin.it/wiki/Proof_of_work
https://en.wikipedia.org/wiki/Proof-of-work_system
PoS vs PoW:
http://bitfury.com/content/5-white-papers-research/pos-vs-pow-1.0.2.pdf
You could start read those articles first
Xester
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Activity: 994
Merit: 544
Re: Pos vs PoW
January 24, 2017, 12:30:52 PM
#3
Quote from: falala69 on January 24, 2017, 12:10:24 PM
Quote from: cerejobastos on January 24, 2017, 11:24:00 AM
Hey there!
Quite new to this, what does PoS and PoW mean? And ehat are the differwnces between them? If possible leave your opinion ob what is the best to investblong term or day trade.
Gracias muchachos
PoS: Proof of Stake
https://en.bitcoin.it/wiki/Proof_of_Stake
https://en.wikipedia.org/wiki/Proof-of-stake
PoW: Proof of Work
https://en.bitcoin.it/wiki/Proof_of_work
https://en.wikipedia.org/wiki/Proof-of-work_system
PoS vs PoW:
http://bitfury.com/content/5-white-papers-research/pos-vs-pow-1.0.2.pdf
You could start read those articles first
Those articles will truly help the author understand how pos and pow works. And so I will comment about the best thing to do in trading and i prefer long trade rather than day trading. Day trading needs big capital so you will earn big even in small fluctations, even if 1 satoshi is the increased in price you will earn big since your capital is big. But long trading allows your capital to increase possibly not only ten folds but a thousand folds and if you have a big capital it will change your life.
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