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Question: Mining Or Staking Or Masternodes Or Combination?
Mining Will prevail - 0 (0%)
Staking Will Prevail - 2 (50%)
Masternodes Will Prevail - 1 (25%)
A combination will Prevail - 1 (25%)
Total Voters: 4

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Author Topic: Mining (Proof of work) OR Staking OR Masternodes  (Read 138 times)
ScotlandPros (OP)
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March 04, 2018, 01:28:49 AM
 #1

Is 'Mining' proof of work sustainable for the future?

Will 'Staking' take over from proof of work?

Are 'Masternodes' returning the high returns they speculate?

Or could it be a combination of pre-mining and the above that makes blockchain sustainable and takes it forward?
_______________________________________________________________________________ ____________________________________________________________

There has been allot of conflicting information on the above questions and hopefully the community can help make it clearer for us all.

It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Zin-Zang
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March 04, 2018, 02:23:39 AM
 #2

Masternodes are irrelevant as they can run on PoW or PoS.

Staking will win out , as the ever increasing price of PoW will make it unusable at some point.

PoW electric resource drain and combative nature will fail against PoS Energy Efficiently and it's cooperative nature.



I was Red Tagged because Lauda Blows Theymos to get back on DT
The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
FiendCoin
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March 04, 2018, 02:52:43 AM
 #3

Greed will win out, as it always does  Wink

"Darkness is good. Dick Cheney. Darth Vader. Satan. That's power." -Steve Bannon
ScotlandPros (OP)
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March 04, 2018, 02:01:30 PM
 #4

Thanks Zin-Zang,

I had heard that although the general public claim that that Blockchain is not energy efficient it is actually more energy efficient than the banks networks? In other words if you scrapped all the banks current server rooms and networks and replaced with Blockchain the world would be more energy efficient, is this the case? On this basis could proof of work still play a major part of Blockchain in the future?
SquireAu
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November 16, 2018, 02:09:14 PM
Last edit: November 16, 2018, 02:25:40 PM by SquireAu
 #5

Cryptocurrency project Castle has somewhat silently released their masternodes. Users can now host masternodes and receive rewards.

Cost of a @Dashpay MN $160,330

Cost of a @_pivx MN is $13,200

Cost of a @zcoinofficial MN is $10,313 but the

cost of a CASTLE MN is $1000-$1300.

NOW is the time to buy before it gets out of hand.

Castle is a decentralized platform for the automation of airdrops. Cryptocurrency projects and developers can through the Castle platform determine how they want users to receive airdrops. According to their website:

We have created a platform where users and developers can coexist and benefit from each other through social media interaction and airdrops in a seamless way.

May I suggest you to contact @Castle_CSTL, they are building a decentralized #Airdrops platform, and just released their #masternodes system. Here's the discord if you want to contact them directly: https://discord.gg/aegyMKF 👍

#Exclusive #Masternodes #castle @cstl_castle
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