dentolas
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arcs-chain.com
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May 07, 2019, 05:01:09 PM |
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POS is definitely evolving and has some clear advantages in relation to POW, nevertheless it also have cons... For me the major downsides of POS are the fact that POS can easily convert into an oligarchy, and that the investment has almost no commitment as you can sell your coins at any moment and just forget about it... on POW you have a structure, hardware... so the network will have a different value... Anyway, I think the future will reside on hydryb systems that include these two... or maybe on a different protocol, from the new ones under testing...
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l3pox
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There's no need to be upset
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May 07, 2019, 07:21:16 PM |
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POS is definitely evolving and has some clear advantages in relation to POW, nevertheless it also have cons... For me the major downsides of POS are the fact that POS can easily convert into an oligarchy, and that the investment has almost no commitment as you can sell your coins at any moment and just forget about it... on POW you have a structure, hardware... so the network will have a different value... Anyway, I think the future will reside on hydryb systems that include these two... or maybe on a different protocol, from the new ones under testing...
that was what I was talking about. POS sometimes just becomes "riches getting richer" while POW has more game theory, you can't simply game it everytime. of course having more money will help but it's not always the case.
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poodle63
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May 07, 2019, 09:25:46 PM |
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POS is definitely evolving and has some clear advantages in relation to POW, nevertheless it also have cons... For me the major downsides of POS are the fact that POS can easily convert into an oligarchy, and that the investment has almost no commitment as you can sell your coins at any moment and just forget about it... on POW you have a structure, hardware... so the network will have a different value... Anyway, I think the future will reside on hydryb systems that include these two... or maybe on a different protocol, from the new ones under testing...
that was what I was talking about. POS sometimes just becomes "riches getting richer" while POW has more game theory, you can't simply game it everytime. of course having more money will help but it's not always the case. Please tell me how much money do you need to create such a mining rig that will bring you on the profit. Have you seen those big mining companies? When the difficulty is increasing a lot and that will reduce your reward and you need to put more and more rigs to make your profit from the network to be stable. Basically, to run a consensus already considered as an outdated system. We need something that can create such a fair distribution. Those big mining companies are riches that getting richer and look at how the domination in any POW blockchain has been dominating by them all.
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calandra78
Copper Member
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May 08, 2019, 07:29:21 AM |
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I think the future will reside on hydryb systems that include these two... or maybe on a different protocol, from the new ones under testing...
You have a good thing to compare it both, hybrid system still get coin first on POW algorytm. When coin have enough to balance on wallet, then Coin going to change algorytm to POS. We still have a good hardware to do what you thing and same case with mining using POW as ussually.
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lobat999
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May 08, 2019, 01:35:34 PM |
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I think the future will reside on hydryb systems that include these two... or maybe on a different protocol, from the new ones under testing...
You have a good thing to compare it both, hybrid system still get coin first on POW algorytm. When coin have enough to balance on wallet, then Coin going to change algorytm to POS. We still have a good hardware to do what you thing and same case with mining using POW as ussually. I also think Blockchain technology is still an emerging technology and I'm sure there will be other sophisticated technologies that will be discovered or invented and that may incorporate masternodes / POS systems which could result to an efficient,effective and more secure hybrid network. Though I guess its still too early right now to arrive at that idea.
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meanwords
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May 08, 2019, 02:30:40 PM |
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There are lot benefits in POS over POW, the first one being the cost of running. If genuine one is found, proof of stake will definitely yield more return in term of profit as compared to proof of work which is expensive to maintain based on the electricity required
That's right. POW is way more expensive to maintain that POS. It's better to just buy the coin in the market and stakes those in a wallet. Not only it's less hassle, you'll also helping the market grow. POS is the future in my opinion.
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CLywaTeLb
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send and receive money instantly, no hidden costs
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May 08, 2019, 02:42:23 PM |
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POS is definitely evolving and has some clear advantages in relation to POW, nevertheless it also have cons... For me the major downsides of POS are the fact that POS can easily convert into an oligarchy, and that the investment has almost no commitment as you can sell your coins at any moment and just forget about it... on POW you have a structure, hardware... so the network will have a different value... Anyway, I think the future will reside on hydryb systems that include these two... or maybe on a different protocol, from the new ones under testing...
that was what I was talking about. POS sometimes just becomes "riches getting richer" while POW has more game theory, you can't simply game it everytime. of course having more money will help but it's not always the case. You are talking about potential risks for the POW. Yes this is so. But the main risk for POW and POS is the same: the dynamics of the price of a coin. In addition, the larger the mining company, the more confident it will be to remain in the saddle. In the end, this is the same oligarchy. When POS is commensurate with POW reliability, the choice will be obvious. It is the matter of time.
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Marvell2
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May 08, 2019, 03:35:13 PM |
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Even Aion is moving to hybrid pow
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Google+
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May 08, 2019, 09:28:07 PM |
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There are lot benefits in POS over POW, the first one being the cost of running. If genuine one is found, proof of stake will definitely yield more return in term of profit as compared to proof of work which is expensive to maintain based on the electricity required
That's right. POW is way more expensive to maintain that POS. It's better to just buy the coin in the market and stakes those in a wallet. Not only it's less hassle, you'll also helping the market grow. POS is the future in my opinion. from the analysis of the POW or POS method, what will become number one seems to be POS and I think this method in the future will last a little longer than POW.
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Psynthax
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May 08, 2019, 10:47:16 PM |
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There are lot benefits in POS over POW, the first one being the cost of running. If genuine one is found, proof of stake will definitely yield more return in term of profit as compared to proof of work which is expensive to maintain based on the electricity required
That's right. POW is way more expensive to maintain that POS. It's better to just buy the coin in the market and stakes those in a wallet. Not only it's less hassle, you'll also helping the market grow. POS is the future in my opinion. from the analysis of the POW or POS method, what will become number one seems to be POS and I think this method in the future will last a little longer than POW. Not sure about that because if you are using one of them and that still has a chance to be a centralized system but POS is in demand right now consider about it's more conservative and fair to give a chance to the holders to get the benefits from the network rather than putting all of the POWER to the miners. Hybrid will be much preferable to be used by any platform in the future caused by it will create a stable ecosystem that will be decentralized. Both stakers and miners are securing the network at the same time.
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mak013
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May 09, 2019, 06:52:49 AM |
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There are lot benefits in POS over POW, the first one being the cost of running. If genuine one is found, proof of stake will definitely yield more return in term of profit as compared to proof of work which is expensive to maintain based on the electricity required
That's right. POW is way more expensive to maintain that POS. It's better to just buy the coin in the market and stakes those in a wallet. Not only it's less hassle, you'll also helping the market grow. POS is the future in my opinion. But in PoW you can change mining coins when it scams but in PoS you have to sat "bye-bye" to your money and buy new coins. And main profit from MN and PoS you can get at start, when the quantity of coins is rather small. And this time mostly you cant say will it cost anything or not.
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Cellerex
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Coinsbit.io
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May 09, 2019, 09:52:11 AM |
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But in PoW you can change mining coins when it scams but in PoS you have to sat "bye-bye" to your money and buy new coins. And main profit from MN and PoS you can get at start, when the quantity of coins is rather small. And this time mostly you cant say will it cost anything or not.
You are absolutely right. Miners can have the main profit at the start of the project, while the network has a small number of miners. And in POS coins you need to constantly increase the number of coins on your balance.
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whiteblue
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May 09, 2019, 12:55:15 PM |
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But in PoW you can change mining coins when it scams but in PoS you have to sat "bye-bye" to your money and buy new coins. And main profit from MN and PoS you can get at start, when the quantity of coins is rather small. And this time mostly you cant say will it cost anything or not.
You are absolutely right. Miners can have the main profit at the start of the project, while the network has a small number of miners. And in POS coins you need to constantly increase the number of coins on your balance. mining does require a lot of graphics card devices and you have to be prepared to need very high electrical capacity but with mining methods like POS this might save you the cost of electricity because you don't need electricity, you can get a lot of coins the advantages of that method.
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Keadyar
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May 10, 2019, 07:51:12 AM |
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mining does require a lot of graphics card devices and you have to be prepared to need very high electrical capacity but with mining methods like POS this might save you the cost of electricity because you don't need electricity, you can get a lot of coins the advantages of that method.
That is why I believe that the future belongs to the masternodes and POS. This technology is more efficient and safer.
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ikicha
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May 10, 2019, 08:16:52 AM |
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Almost 90% of masternodes coin will scam and using like Ponzi scheme. You can check at Masternodes.online. developer only takes money from you then destroys the market with insane dumping on pre-mine. Everyday sells and others will make Masternode/PoS killed
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VanDeinsberg12
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May 10, 2019, 08:30:39 AM |
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Almost 90% of masternodes coin will scam and using like Ponzi scheme. You can check at Masternodes.online. developer only takes money from you then destroys the market with insane dumping on pre-mine. Everyday sells and others will make Masternode/PoS killed
Only some of them look better in my view. This time i used sins and dash MN and so far i got no problem with it and i just take a month to get back my ROi from sins. I bought them when it worth $1.45 and this time it has turned 3x from my initial rate to buy MN. But what about the rest?
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necromastery
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May 10, 2019, 02:03:11 PM |
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from the analysis of the POW or POS method, what will become number one seems to be POS and I think this method in the future will last a little longer than POW.
That's right, since it's simple and just need a computer that can be live. But I often see the price of PoS coins easily destroyed in the market, possibly caused by big bag holders that can get the coins easily. It was one of the reasons why PoS is not liked even though it's easy.
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X-ray
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May 10, 2019, 09:21:10 PM |
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mining does require a lot of graphics card devices and you have to be prepared to need very high electrical capacity but with mining methods like POS this might save you the cost of electricity because you don't need electricity, you can get a lot of coins the advantages of that method.
That is why I believe that the future belongs to the masternodes and POS. This technology is more efficient and safer. But centralized. Remember how so many parties are accusing DASH as a scam because it's being centralized. It's much safer to trust any coin that used POW to secure the blockchain and POS to create a fair distribution and utility to the token holders and as a token holders i can take the advantage too from the blockchain. That's more efficient but doesnt it look bad when it comes to the centralized system?
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calandra78
Copper Member
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May 11, 2019, 12:31:30 AM |
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I also think Blockchain technology is still an emerging technology and I'm sure there will be other sophisticated technologies that will be discovered or invented and that may incorporate masternodes / POS systems which could result to an efficient,effective and more secure hybrid network. Though I guess its still too early right now to arrive at that idea. I found one cryptocurrency when still got high tech to mining hybrid. on step one they mining at CPU to get 100 minimum for staking next step. CPU become hot first over 100% worked then when value gotten 100 coin CPU return to normal and become 1h/s
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Dr.Osh
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SecureShift.io | Crypto-Exchange
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May 11, 2019, 06:16:57 AM |
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Almost 90% of masternodes coin will scam and using like Ponzi scheme. You can check at Masternodes.online. developer only takes money from you then destroys the market with insane dumping on pre-mine. Everyday sells and others will make Masternode/PoS killed
Is it true ? I am not very familiar with masternode, but it seems that it is simpler than Minning. well, it can indeed be an alternative for people who want to invest like Minning. maybe choosing famous coins like dash can be an option for that.
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