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Author Topic: POW can it work?  (Read 316 times)
BitcoinNational (OP)
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March 27, 2017, 03:56:54 PM
 #1

What is BTC?
What is LTC?
What is ETC?
What is FTC?

Answer:   POW.

This master nodes shit needs to be smashed  Cool

Okay. Will meet in the middle.  POS, be here since 2014.  Want to stake, then provide a node.

ICO ... you must die ...  Grin

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btcmerich
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March 27, 2017, 04:08:00 PM
 #2


There are more coins that are POW then the ones you listed. Monero is one of them

So your question is if POW vs POS ? good or bad?

I like POW better then POS . It all depends how the setup is. Bitcoin POW does not work because they way it is setup big miners get bigger control of the network


A POW that is based on direct reward for example allowing you to use the network  is better then POW that is based on rewarding thirdparty like bitcoin has

Hermanny
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March 27, 2017, 04:12:19 PM
 #3


There are more coins that are POW then the ones you listed. Monero is one of them

So your question is if POW vs POS ? good or bad?

I like POW better then POS . It all depends how the setup is. Bitcoin POW does not work because they way it is setup big miners get bigger control of the network


A POW that is based on direct reward for example allowing you to use the network  is better then POW that is based on rewarding thirdparty like bitcoin has



I like POS over POW, but I think that POW + POS hybrid is the best!
iamnotback
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March 27, 2017, 04:19:28 PM
 #4

Re: POW can it work?

No.
dfd1
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March 27, 2017, 04:22:10 PM
 #5

I think Delegated POS is the most secure, most decentralized, most scalable invention in crypto space.
btcmerich
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March 27, 2017, 04:24:56 PM
 #6

I think Delegated POS is the most secure, most decentralized, most scalable invention in crypto space.

POS =  more you own = more power. How is that decentralized

POW with new algorithm is the way to go  and soon we will see a good one on exchangers
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March 27, 2017, 04:29:57 PM
 #7

I think Delegated POS is the most secure, most decentralized, most scalable invention in crypto space.

POS =  more you own = more power. How is that decentralized

POW with new algorithm is the way to go  and soon we will see a good one on exchangers
POW = same twenty computers solved 99% of all blocks.
Maximum decentralization possible: 100-120 computers, depending of the block time.
Some guys who own a lot of GPU and own no coins decide future of the network.
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March 27, 2017, 04:35:11 PM
 #8

I think Delegated POS is the most secure, most decentralized, most scalable invention in crypto space.

POS =  more you own = more power. How is that decentralized

POW with new algorithm is the way to go  and soon we will see a good one on exchangers

this, POW is always the prefered choice, over pos, pos usually end with the coin dumped and abandoned by the dev, pow has more development, and icentivate investors to buy because miners by minign give a minimum value to the coin, based on their profit, it's strange that after so many years there are no alternative pow, that still work like pow, but maybe better

dfd1
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March 27, 2017, 04:40:28 PM
 #9

I think Delegated POS is the most secure, most decentralized, most scalable invention in crypto space.

POS =  more you own = more power. How is that decentralized

POW with new algorithm is the way to go  and soon we will see a good one on exchangers

this, POW is always the prefered choice, over pos, pos usually end with the coin dumped and abandoned by the dev, pow has more development, and icentivate investors to buy because miners by minign give a minimum value to the coin, based on their profit, it's strange that after so many years there are no alternative pow, that still work like pow, but maybe better
POW is vulnerable to 51% attack, without hash power ANY POW coin can die in horrible fork. POS can run with two nodes just fine and secure. No one is insane enough to buy 51% of coins to kill the network. Can you show me successfully atacked POS coins? I can show you plenty of dead POW coins.
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