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Author Topic: PoS vs POW (Which one would you like?)  (Read 206 times)
Red-Apple
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July 02, 2018, 09:59:57 AM
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 #21

-Now, as a investor which one is your first choice and why?

-Which one is gonna be the winner in the long run?(I'm bullish on POS though).

as an investor i care about profit and profit doesn't come from being PoS or PoW or PoN (proof of nothing Cheesy). the profit comes from either one of the following:
1. a solid project that is actually a proper currency, is secure, is decentralized, has potential for long run, has limited and small supply,.... and a lot of other things. for this i can only choose bitcoin.

2. any project out there that can be pumped and dumped which is all the altcoins. it doesn't really matter at all whether it is a shitcoin or a good coin. a  PoS or PoW or a combination or something new. it doesn't matter how much supply it has, how centralized it is,.... the pumpers don't care about these things they just pump the shit out of that shitcoin. for this you just have to have a good timing for entering and exiting these coins.

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MDIPANJAN
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July 03, 2018, 01:57:56 AM
 #22

Thank you all for sharing your thoughts regarding these systems.
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July 03, 2018, 02:07:51 AM
 #23

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Sebas.tian
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July 03, 2018, 02:26:02 AM
 #24

PoS is more energy consuming and is not the best option if we are talking about the limited resources that we have. That being said, PoW has more integrity compared to PoS, and for some reason, I value that more. Good thing though that technology is always evolving so there will come a time that we would create more powerful GPUs and mining will be more efficient.

hermanjones18
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July 03, 2018, 09:08:42 AM
 #25

POS will be the best. POS is the future however not as the way conventional POS coins did it. POW is only a misuse of valuable vitality. Master nodes are a successful method to execute POS, a faster and viable approach to comprehend exchanges. Eth is using this pos. POS will reduce the problems of POW.
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July 03, 2018, 09:21:02 AM
 #26

I prefer PoS as it doesn't require a specialized hardware to stake your coins.
The only PoW coin that I like are CPU mineable coins - I'm currently mining Nimiq with a CPU since day one. Hopefully it will have good value in the future.
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July 03, 2018, 09:30:59 AM
 #27

I prefere PoS because it's more eco-friendly.
PoW is where we started but we need to go forward.
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July 04, 2018, 02:27:43 AM
 #28

I prefer PoS as it doesn't require a specialized hardware to stake your coins.
The only PoW coin that I like are CPU mineable coins - I'm currently mining Nimiq with a CPU since day one. Hopefully it will have good value in the future.


Yeah. but there are not many CPU mineable coins are available thhough.
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July 04, 2018, 02:37:06 AM
 #29

i think POS (proof of stake)  is better than POW (Proof of Work) , the simple reason is POS no need to spend alot of power to run blockchain network.
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July 05, 2018, 12:17:46 PM
 #30

PoS is more energy consuming and is not the best option if we are talking about the limited resources that we have. That being said, PoW has more integrity compared to PoS, and for some reason, I value that more. Good thing though that technology is always evolving so there will come a time that we would create more powerful GPUs and mining will be more efficient.

You said POS more energy consuming but sorry i didn't get your point.How POw is more efficient over Pos?
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July 05, 2018, 12:21:46 PM
 #31

In my opinion Proof of Stake has more chances. It is something closer to the human of future. Also it is a little bit more ecologically. So in logterm pos have all chances to beat pow. But not Bitcoin Grin
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July 05, 2018, 12:29:26 PM
 #32

Very bullish on POS due to the low energy requirement and of course low budget requirement. I have a lot of masternodes up and running and also stake some coins. Its easier compared to mining.





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July 05, 2018, 12:44:13 PM
 #33

Personally, I believe that the most secure solution for the future is PoS and PoW systems. However, this is already the most common approach. Many crypto currencies have a PoW stage, when the currency is issued through the payment to miners of new coins, and the PoS stage that comes after all the currency was released. Probably, most serious crypto currency will not abandon PoW - the mentality of Nothing-at-Stake is firmly in the heads of experts on crypto-currencies. However, PoS-systems will always be easier to implement and in addition to reliable in terms of security, as well as PoW-systems.
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July 05, 2018, 01:07:48 PM
 #34

Both are good in their production, in one case, the equipment necessary, in the other it is necessary to invest. Everyone choose their

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Xexath
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July 06, 2018, 01:12:42 AM
 #35

PoS is better because it consume less electricity.
andthereyou
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July 07, 2018, 10:03:44 AM
 #36

It's obvious that POS is better. POS might also increase the price of a token/coin because it increase demands for the coin, to be stake. Now I have tried to accumulate one altcoin to be use for staking in the future.
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July 07, 2018, 10:14:05 AM
 #37

This market now has both POS and POW based projects,and both of them have their own unique characteristics.

POS(Low energy consumption negligible to that of proof of work)
POW(Generation of blocks using computing power)

-Now, as a investor which one is your first choice and why?

-Which one is gonna be the winner in the long run?(I'm bullish on POS though).

 I like the concept of Proof of Work, its more rewarding. Miners earn more with the consensus Algorithm.  Proof of work rewards  automatically and requires non smart contracts protocols
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July 08, 2018, 12:23:14 PM
 #38

POS is better dont need to  spend any money for Mining-RIG
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July 11, 2018, 02:25:30 AM
 #39

POS is better dont need to  spend any money for Mining-RIG

Exactly those mining rigs are pretty expensive and nearly impossible for the people starting for the first time.
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July 11, 2018, 02:40:27 AM
 #40

They're both good and bad. PoW makes it easier to centralize mining power, so it can be a lot less efficient as a sybil protection measure but PoS faces a similar problem as well. PoS can be good if the team holds none of their own tokens, or nearly none(which is never or almost never that case with these projects as most of them are simply pump and dump money makers for the teams). And as long as the tokens are well distributed without a large concentration of tokens in one wallet. They can both be relatively power efficient depending on the consensus algorithm used, but PoS has an advantage in general.
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