Bitcoin Forum
May 09, 2024, 11:44:33 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: POS staking mechanism, will mining become obsolete?  (Read 70 times)
Erwin125 (OP)
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
March 03, 2018, 08:55:19 AM
 #1

Hi Everybody,

I am a miner myself and I love mining, but I am concerned if it will last.

The reason is that wallet staking is in my opinion a better way of mining. Leaving your wallet open to contribute to the network payment processor is in my opinion an ultimate decentralized user owned crypto currency.

In my opinion it is more energy efficient than mining.

My questions:

- will mining last forever?
- is POS a good alternative?
- will it bring power of currency to the people?

Erwin (NL)

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!