Bitcoin Forum
May 14, 2024, 06:43:31 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: What is the Best consensus in your opinion? POW, DPOW or POS?  (Read 273 times)
CryptoRama
Full Member
***
Offline Offline

Activity: 453
Merit: 100



View Profile
November 27, 2018, 08:28:47 AM
 #21

I'm using only POS, at the moment. Also POW is not so bad either, but with POW you need miners witch it's a big minus, because miners are expensive and since POS needs only funds.

|██████| | ██████SECURE AND LICENSED CRYPTOCURRENCY EXCHANGE██████ |██████| |
| INVECH |
WHITEPAPER | ANN THREAD | FACEBOOK | TWITTER | TELEGRAM | MEDIUM | INVECH |
|██████| | ███████JOIN INVECH INITIAL EXCHANGE OFFERING NOW!████████ |██████| |
1715669011
Hero Member
*
Offline Offline

Posts: 1715669011

View Profile Personal Message (Offline)

Ignore
1715669011
Reply with quote  #2

1715669011
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715669011
Hero Member
*
Offline Offline

Posts: 1715669011

View Profile Personal Message (Offline)

Ignore
1715669011
Reply with quote  #2

1715669011
Report to moderator
1715669011
Hero Member
*
Offline Offline

Posts: 1715669011

View Profile Personal Message (Offline)

Ignore
1715669011
Reply with quote  #2

1715669011
Report to moderator
1715669011
Hero Member
*
Offline Offline

Posts: 1715669011

View Profile Personal Message (Offline)

Ignore
1715669011
Reply with quote  #2

1715669011
Report to moderator
Hiylchis
Member
**
Offline Offline

Activity: 154
Merit: 10


View Profile
November 27, 2018, 09:21:14 AM
 #22

POS is very good right now, bu I am sure that it may become even better in the nearest future and we all need to help it. I believe that chances are high.
Levyathan
Jr. Member
*
Offline Offline

Activity: 434
Merit: 1


View Profile
November 27, 2018, 09:48:25 AM
 #23

There are no best consesus in my opinion since most of them are the same one. The most profitable one is the developer who made the coin POW,DPOW, or POS.
TamaraKul
Member
**
Offline Offline

Activity: 322
Merit: 10


View Profile
November 29, 2018, 10:42:40 AM
 #24

POW is the most reliable one, so it is the obvious option for the most of modern projects on the market. It should not change fast.
CreamIce
Jr. Member
*
Offline Offline

Activity: 126
Merit: 1


View Profile
November 29, 2018, 11:20:12 AM
 #25

As the title, we are talking about the popular consensus - as I know now that includes  POW, DPOW and POS. So what is the Best consensus in your opinion?
I my idea:
- POW: Consume much electric energy of our world => unnecessary wastage.
- DPOS: Does not consume much energy but quite centralized (There are some validators)
- POS: Does not consume much energy + More decentralized.
Have I understood right?
For me, the most reliable protocol is Fiat cash. Decentralization is the same myth as democracy. Although of course there are huge advantages for the blockchain, one cannot argue here. Of all the protocols, the most reliable POW. The rest is just not good enough.


But the actual strength of blockchain would come with decentralization, don't you think? What is the point if the blockchain is still controlled? (just trying to understand)
Pages: « 1 [2]  All
  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!