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Author Topic: POS staking mechanism, will mining become obsolete?  (Read 53 times)
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March 03, 2018, 08:55:19 AM

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)

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