PoW vs PoS- Proof-of-Stake Might be the Winner here (Save the Environment)

[Zin-Zang]

When too many miners drop out, the network Hash drops,
(having a difficulty only reset every 2 weeks is really a security vulnerability that has never been fixed, Most Alts reset Difficulty after every block.)
When the Hash drops too low , blocks are only found every few days, so the normal 2 weeks could take months to complete.

I don't think that would be a really great problem. Let's suppose Hash rate drops to Half (what would be a very pessimist scenario). Instead of blocks every 10 minutes, we would have blocks every 20 minutes (on average). No a problem at all in my opinion.

And at the most 4 weeks, difficult would be adjusted and mining would be decentralized again, and ASIC would be gone.


A drop to 1/5 of the hashrate (high unlikely, as if miners do not mine, what will they do to that equipment? They will have to mine either way, or the loss will be bigger).
This could be a problem, that would be easily fixed with a fork. Anyway, bitcoin could even though be mined with low hashrates for like 2 months and then the problem would be solved.

In such a situation, of a big price drop, every other alt would be completely worthless and there would be no reason to mine them.

That is where you are misinformed, there are some alts that will skyrocket during a bitcoin crash.
Your problem is you think crypto depends on bitcoin, you are wrong ,
just as the car market does not still depend on the Ford Model A, crypto no longer needs bitcoin.
It has grown larger than a single coin.

I hear alot of fear in your voice about Proof of Stake, it has been around since 2013 and so far none of the fairly tales about it's easy destruction have been accomplished by anyone.  Over 5 years and no one has performed a attack that destroys the Proof of Stake Consensus , it all been falsehoods and lies about how easy PoS is to destroy. PoW is only 4 years older and it's centralization & energy waste failure are paramount and undeniable to all but the bitcoin fanatics that never recognize any of it's failures.

There are many PoS Only coins with multi-million markets caps and no one has been able to destroy one of them. 
Blackcoin / Ardor / and Multiple others

In all those 5 years, nobody was also able to prove that PoS fairy tale work in great scale also.

Those are all very small projects compared to bitcoin. Ardor has 100 million USD marketcap, which is about 40 times smaller bitcoin daily volume...... Comparing Ardor to Bitcoin is like comparing United States economy to Malaysia`s.

Even Vitalik Buterin is affraid of running Casper Protocol in Ethereum, because he knows that problems will pop up when it is up and running. And there are many problems related to PoS economy, which were already mentioned in this thread.

If Fear is all you have as an excuse, then feel free to give up until PoW crashes and burns.

Proof of Stake can OutScale Bitcoin , about every Altcoin created after since Bitcoin OutScales Bitcoin. 

It is an irritant trying to have a logical conversation and all I get back is an emotional response of you are frighten, or devs are scared.   

Again 5 years and None of the Bogeyman fairly tales against PoS have occurred.
Look if you want to live in fear , your call.

There are plenty of PoS Devs that are not frighten by falsehoods spread by the bitcoin hype crowd.
They have done extensive research , and none of them have the slightest fear in the falsehoods put out by ignorant fearmongers.

I got better things to do than listen to how you are too fearful about PoS.

Those of us without fear shall push on, and the rest of you can hide and cower where you think it is safe.

FYI:
Fortune Favors the Bold , not the fearful!

Good Luck in your Course.

[1715113344]

1715113344

[1715113344]

1715113344

[1715113344]

1715113344

[bitmover]

That is where you are misinformed, there are some alts that will skyrocket during a bitcoin crash.
Your problem is you think crypto depends on bitcoin, you are wrong ,
just as the car market does not still depend on the Ford Model A, crypto no longer needs bitcoin.
It has grown larger than a single coin.

Ok then... I will let an image speak for me.

I believe this is just a coincidence, that all 1000 cryptocurrencies have the same graphic. THey are all crashing for different reasons, nothing to do with bitcoin.

Proof of Stake can OutScale Bitcoin , about every Altcoin created after since Bitcoin OutScales Bitcoin.  

It is an irritant trying to have a logical conversation and all I get back is an emotional response of you are frighten, or devs are scared.  

yeah, you are acting very logically using those blue letters and ignoring market movements...

Good luck for you too. I hope you find the coin you are looking for =P

[Wind_FURY]

If Bitcoin adopts PoS or any other fancy protocol and
there is even a smallest problem, the whole market will crash so spectacularly and probably never bounce back.

Which should point out to an observing mind , how weak Bitcoin and PoW consensus truly are.
A Massive Price drop can kill bitcoin due to it's insane input costs.

A Massive Price drop in a low inflation PoS coin is nothing more than a buying opportunity to increase your staking capacity.  
ie: PoS is superior to PoW in Survive ability.

Haha. But you do not have a real answer on which POS coin will replace Bitcoin to become "the Bitcoin".

The cryptocurrency that will replace Bitcoin as the numero uno cryptocurrency will NOT be a POS coin. When I say numero uno, I do not mean the highest in market cap but the most used, the most liquid, and the most considered to be the best store of value.

[Zin-Zang]

If Bitcoin adopts PoS or any other fancy protocol and
there is even a smallest problem, the whole market will crash so spectacularly and probably never bounce back.

Which should point out to an observing mind , how weak Bitcoin and PoW consensus truly are.
A Massive Price drop can kill bitcoin due to it's insane input costs.

A Massive Price drop in a low inflation PoS coin is nothing more than a buying opportunity to increase your staking capacity.  
ie: PoS is superior to PoW in Survive ability.

Haha. But you do not have a real answer on which POS coin will replace Bitcoin to become "the Bitcoin".

The cryptocurrency that will replace Bitcoin as the numero uno cryptocurrency will NOT be a POS coin. When I say numero uno, I do not mean the highest in market cap but the most used, the most liquid, and the most considered to be the best store of value.

Any Low Inflation PoS Coin can replace Bitcoin, take your pick.
In Time, they will all be higher on CMK than bitcoin. 

[Zin-Zang]

That is where you are misinformed, there are some alts that will skyrocket during a bitcoin crash.
Your problem is you think crypto depends on bitcoin, you are wrong ,
just as the car market does not still depend on the Ford Model A, crypto no longer needs bitcoin.
It has grown larger than a single coin.

Ok then... I will let an image speak for me.

I believe this is just a coincidence, that all 1000 cryptocurrencies have the same graphic. THey are all crashing for different reasons, nothing to do with bitcoin.

All one has to is look thru the list , not all coins are crashing, there is some Green.
Even the coins that are in red , will only follow bitcoin so far down the rabbit hole,
Drop the false religious belief in bitcoin it blinds you to the truth.
Bitcoin can die , and crypto will live on. It is not your messiah.

Proof of Stake can OutScale Bitcoin , about every Altcoin created after since Bitcoin OutScales Bitcoin.  

It is an irritant trying to have a logical conversation and all I get back is an emotional response of you are frighten, or devs are scared.  

yeah, you are acting very logically using those blue letters and ignoring market movements...

Good luck for you too. I hope you find the coin you are looking for =P

The Blue letters has been proven to increase the amount of the brain used when read,
I am literally trying to make you use more of your brain, when you see me use blue, trying to help you think and not repeat useless hype.
https://www.sciencedaily.com/releases/2009/02/090205142143.htm

Daily Market movements are irrelevant in the long term evolution of a product.
Thinking a momentary price fluctuation matters is a fallacy.    
GIGO = Garbage In Garbage Out

No worries, ZEITCOIN will be around no matter what happens with the rest.
It can survive literally anything and it's network will march on.  

There are plenty of Proof of Stake coins for others to choose their favorite.


FYI:
Here is a comparison to show
Gaming Industry :  Atari was the 1st major player
Crypto  Industry :  Bitcoin was the 1st major player

Atari Lifespan   : 1972–1984
Bitcoin Lifespan: 2009-2022
*No Guarantee it will survive that long.*

A normal product lifespan is ~10 years before a newer faster more improved model take over.

By your false belief system , Atari should still be the #1 Game Console and yet it is not
Bitcoin will also not be the #1 coin by 2022.  

It is about product cycles not about false belief systems.

 

[DooMAD]

The Blue letters has been proven to increase the amount of the brain used when read

I suppose weak minds like yours need all the help they can get.  

just as the car market does not still depend on the Ford Model A, crypto no longer needs bitcoin.
It has grown larger than a single coin.

Other car manufacturers don't go to fordmodelatalk.org to advertise their cars.  They can stand on their own.  They have a significant advertising budget to independently market their products to potential customers.  They don't need to leech off Ford's success in order to be recognised.  

If you don't need Bitcoin, by all means leave and go to another forum to advertise your crapcoin.  That, or admit you're here to leech off Bitcoin's success because no one would pay your crapcoin the slightest hint of attention otherwise.  You can't stand on your own.  You don't have a significant advertising budget.

Very few altcoins are successful enough to market themselves to the public without resorting to their developers spamming here on the forums in a desperate and pathetic attempt to appear relevant.  You'd do well to remember that.  You need Bitcoin more than anyone.  It's the only way anyone could ever notice you and your crapcoin even exist.

Now are we done here?  Or did you need it in a blue font to comprehend it?

[d5000]

Bitcoin needs to be more conservative. Bitcoin cannot risk those untested protocols, based in vague ideas like "Save the environment", or "Pos is the future", based on vague arguments.

If Bitcoin adopts PoS or any other fancy protocol and there is even a smallest problem, the whole market will crash so spectacularly and probably never bounce back.

I think an introduction of PoS as a "security booster" for Bitcoin (with a rate of 1/10 PoS blocks or so, or an "approval mechanism" where stakers must approve some PoW blocks), like I mentioned earlier, isn't very risky. As PoS minters could never "take over" history if they only can produce a block in a row (only in collaboration with 51% of the miners it would be possible) an attack would have barely any consequences. The only chance an attacker had, was to create additional stale blocks if he tries to double-spend 1-conf transactions.

Of course, it should be tested for at least a year or so. But the "worst case" would be that it wasn't effective at all because of the Nothing-at-stake problem, and then the PoW hashrate would guarantee about the same security level than before.

What maybe is true is that we'll never see that because of sociological or mass-psychological reasons.

[bitmover]

I think an introduction of PoS as a "security booster" for Bitcoin (with a rate of 1/10 PoS blocks or so, or an "approval mechanism" where stakers must approve some PoW blocks), like I mentioned earlier, isn't very risky.

This is what ethereum casper will do.
On the beginning there will be one block minted with pos for every 50 mined with pow in ethereum casper.

I think ethereum could do first. If they manage to survive....

More details here

https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ

[d5000]

Yep, I was aware of ETH's "move". Didn't they already start with that process (with very, very low PoS block rate)?

I also think that if that works for a longer time, we could begin to consider a similar measure in Bitcoin.

A challenge would be the block reward for the PoS blocks (or approvals), but in Bitcoin transaction fee incomes are already so high that they could give incentives to "stake" (as there is no excessive electricity consumption needed). So no block reward may be necessary, and thus no change in the reward schedule / money supply.

[Zin-Zang]

I suppose weak minds like yours need all the help they can get.  

There is a Reason your Nickname is Dumbmad.  

just as the car market does not still depend on the Ford Model A, crypto no longer needs bitcoin.
It has grown larger than a single coin.

Sorry the truth hurts you, but it would not if you were not a bitcoin fanatic that can't tell the difference between
a product and a deity.  

[BayAreaCoins]

Do you want to compare bitcoin to those projects? Those networks are barely used.

Bitcoins barely used.  I've been doing this for over five years and I have met less than ten people in my day to day life that has Bitcoin.

CLAM is basicaly a testnet, to test crazy ideas. And that's it. a Dead coin.


Bitcoin needs to be more conservative. Bitcoin cannot risk those untested protocols, based in vague ideas like "Save the environment", or "Pos is the future", based on vague arguments.

I absolutely agree with this.  I'm not saying Bitcoin should accept POS tomorrow.  I am saying that I think it's a valid option and I believe it's more "secure" than PoW, ESPECIALLY for small "dead" coins such as CLAM.  I think POS will be more interesting for Bitcoin after the block rewards mellow out and the miners start switching off BTC or the equipment is simply no longer being made.

We have had a HELL of a time decentralizing CLAM.  In fact, it isn't decentralized atm.  Just-Dice has like 95% of the "mining" network.

[Wind_FURY]

If Bitcoin adopts PoS or any other fancy protocol and
there is even a smallest problem, the whole market will crash so spectacularly and probably never bounce back.

Which should point out to an observing mind , how weak Bitcoin and PoW consensus truly are.
A Massive Price drop can kill bitcoin due to it's insane input costs.

A Massive Price drop in a low inflation PoS coin is nothing more than a buying opportunity to increase your staking capacity.  
ie: PoS is superior to PoW in Survive ability.

Haha. But you do not have a real answer on which POS coin will replace Bitcoin to become "the Bitcoin".

The cryptocurrency that will replace Bitcoin as the numero uno cryptocurrency will NOT be a POS coin. When I say numero uno, I do not mean the highest in market cap but the most used, the most liquid, and the most considered to be the best store of value.

Any Low Inflation PoS Coin can replace Bitcoin, take your pick.
In Time, they will all be higher on CMK than bitcoin. 

Any POS coin? Be specific.

Plus why should we grant the originators of the, "POS coin that replaces Bitcoin", perpetual power over the network and its users?

[Zin-Zang]

Any POS coin? Be specific.

Plus why should we grant the originators of the, "POS coin that replaces Bitcoin", perpetual power over the network and its users?

Any low inflation PoS coin,

go look for one that you personally like and quit being a dumbass.
(Low Inflation rates vary from 5% down to less than 1%, take your pick.)

If you are so stupid you believe going with a Low inflation PoS coin gives them perpetual power over you then

1. You are a dumbass , because if they sell their coins, their so called perpetual power is diminished since they have to sell from their principle.
  
2.  You can stick with your Bitcoin , where the Few Elite Chinese Miners actually do have perpetual power over the network and it's users.
    (Funny how the fact you are literally the Chinese Miners bitch does not bother you in the least.)

3.  Stick with Fiat and your Government elected overlords.


For people that want freedom, Proof of Stake is the only game in town , because it is the only one where you can still confirm your own transactions.

FYI:
When a person buys a Low inflation PoS coin , they gain power in that specific network , when they sell coins they decrease their power in that network,
when you buy bitcoins or a PoW coin , you Gain NO Power in that network as transaction confirmation and fee price is always controlled by the miners.
(Of which only the Richest Elite can afford warehouses full of ASICS and the insane energy waste that comes with them.)

* Also in a PoS network coins go dormant after staking which give others stakers an increased opportunity to stake coins and add transactions,
there is nothing similar in a PoW network, in a PoW network their is no dormancy of ASICS to give others a chance. *
 

[bitmover]

Any[/b] low inflation PoS coin,

go look for one that you personally like and quit being a dumbass.

Is that how you chose your investments? Based on what you "personally like"?

FYI:
When a person buys a Low inflation PoS coin , they gain power in that specific network , when they sell coins they decrease their power in that network,
when you buy bitcoins or a PoW coin , you Gain NO Power in that network as transaction confirmation and fee price is always controlled by the miners.
(Of which only the Richest Elite can afford warehouses full of ASICS and the insane energy waste that comes with them.)

That's the problem. Whales can just buy PoS coins and control the nertwork.

You cannot go to the walmart nearest to your house, spend 6 billion in S9 miners, plug all of them in the same plug in your bedroom and control bitcoin network.

But it is much easier to buy coins and control a network.

Additionally, PoW is proof of stake, because you are staking energy. You are staking something out of the system, and giving the energy you spend as a warranty that those transactions in a block are legit.

On the other hand, PoS is not PoW. You are betting coins , which are from inside the system. It is a closed system.

[Zin-Zang]

Any[/b] low inflation PoS coin,

go look for one that you personally like and quit being a dumbass.

Is that how you chose your investments? Based on what you "personally like"?

I choose mine on the coin specs and my own proprietary economic calculations without needing someone to hand hold me when I do so,
(I also have not hid the fact my favorite is ZEIT, but others may prefer different specs.)

I expect other investors to do the same, because at the end of the day it is their money and their choice.

If they are too stupid to make up their own mind like wind fury, they really have no business in crypto speculation.

FYI:
When a person buys a Low inflation PoS coin , they gain power in that specific network , when they sell coins they decrease their power in that network,
when you buy bitcoins or a PoW coin , you Gain NO Power in that network as transaction confirmation and fee price is always controlled by the miners.
(Of which only the Richest Elite can afford warehouses full of ASICS and the insane energy waste that comes with them.)

That's the problem. Whales can just buy PoS coins and control the nertwork.

You cannot go to the walmart nearest to your house, spend 6 billion in S9 miners, plug all of them in the same plug in your bedroom and control bitcoin network.

But it is much easier to buy coins and control a network.

Additionally, PoW is proof of stake, because you are staking energy. You are staking something out of the system, and giving the energy you spend as a warranty that those transactions in a block are legit.

On the other hand, PoS is not PoW. You are betting coins , which are from inside the system. It is a closed system.

You are missing the point , Whales can Buy a PoS coin , but the Whales Have to Sell them to make a PROFIT.
That act of selling decrease their control over the network immediately.

When your Bitcoin Miner sells all of his useless bitcoins , he gives up No control of the network or it's transactions or fee structure whatsoever.

Plus you PoW guys really seem to miss the point a Whale in PoS does not have Constant Power to block transactions where as  Miner Whales can block transactions indefinitely, where as in PoS , they can not.

* Your PoW is proof of stake line is beyond nonsense, PoW is not staking energy , PoW is Wasting Energy
Plus in a true Proof of Stake Network, their is a dormant period after staking, their is NO dormant period in PoW.
(Their is No increase in transaction performance with PoW increased energy usage, only more Wasted Energy to accomplish the same limited transaction amount. Bitcoin is not secured by electricity as many foolishly believe , it is secured by the Chinese miners that dominate ~70% of the mining, no different than the past two years, when the energy requirement were much lower 2 years ago.)
The Security in Bitcoin is Nothing More than the Collusion of a few Chinese Miners!
The Energy waste is Just Waste nothing else!


You are right PoS is a Closed System, (That is an advantage not a disadvantage.)
that means you are literally more invested in it , than in any PoW coin, because you can always mine another coin with similiar algo.
So if you do harm to your PoS network , you wipe out your entire investment where as a PoW miner can harm his network and just mine another coin.

*IE:  Mr. Wu has just started refusing all segwit transactions in AntPool's Bitcoin Blocks ,
this delays LN onchain redemption and increases the danger bitcoins being stolen thru the LN network, and their is nothing you can do to stop him.
You could buy all of the bitcoins in existence and he would still be your Master as you are utterly dependent on him for transactions.
If only a few others join him and they reach 51%, they can kill the LN network and their is nothing you can do to stop them.
(Suggest changing Algo and see how far you get.)  
Since Mr. Wu is mainly support Bcash over bitcoin, his concern for the bitcoin/LN network is decreasing per day.
If Bitcoin was a PoS only coin, he would never do the above as it could wipe out his entire investment,
yet with PoW he can hamper bitcoin and care little as he is supporting bcash more.  

[Wind_FURY]

Any POS coin? Be specific.

Plus why should we grant the originators of the, "POS coin that replaces Bitcoin", perpetual power over the network and its users?

Any low inflation PoS coin,

go look for one that you personally like and quit being a dumbass.
(Low Inflation rates vary from 5% down to less than 1%, take your pick.)

Any? Without consideration if that POS coin is really better than Bitcoin? Name one low inflation POS coin that could replace Bitcoin. I promise I won't laugh.

If you are so stupid you believe going with a Low inflation PoS coin gives them perpetual power over you then

1. You are a dumbass , because if they sell their coins, their so called perpetual power is diminished since they have to sell from their principle.

They have perpetual power because it cost the originators nothing to stake. What gave them the right to keep power perpetually, and why should we grant it to them?
  

2.  You can stick with your Bitcoin , where the Few Elite Chinese Miners actually do have perpetual power over the network and it's users.
    (Funny how the fact you are literally the Chinese Miners bitch does not bother you in the least.)

The "few" are going to be "many". Japan and South Korean companies are doing their own research and development in ASICs for POW. Bitmain will not "rule" forever, if that's what you believe. While POS originators and whales will perpetually have the power over the network and its users.

3.  Stick with Fiat and your Government elected overlords.

What? Hahahaha!

For people that want freedom, Proof of Stake is the only game in town , because it is the only one where you can still confirm your own transactions.

"The only game in town"? Which cryptocurrency are we talking about?

[Zin-Zang]

If you are so stupid you believe going with a Low inflation PoS coin gives them perpetual power over you then

1.  Because if they sell their coins, their so called perpetual power is diminished since they have to sell from their principle.

They have perpetual power because it cost the originators nothing to stake. What gave them the right to keep power perpetually, and why should we grant it to them?
  

2.  You can stick with your Bitcoin , where the Few Elite Chinese Miners actually do have perpetual power over the network and it's users.
    (Funny how the fact you are literally the Chinese Miners bitch does not bother you in the least.)

The "few" are going to be "many". Japan and South Korean companies are doing their own research and development in ASICs for POW. Bitmain will not "rule" forever, if that's what you believe. While POS originators and whales will perpetually have the power over the network and its users.

@ WindFury,

Ok you want a coin picked for you by someone else,  You go with Blackcoin as your PoS Choice.

PoS coins go dormant after they stake , No PoS holder can maintain dominance over a PoS network if his coins are dormant.
This dormant period gives other stakers a chance to stake, Bitcoin PoW does not have a dormant period.

Chinese miners which (Bitmain is 1) have ruled for over 2 years with ~70% ,
Sorry no signs of them losing power whatsoever, in fact with the recent price failures of bitcoin to return above $10000,
those Chinese miners are in a better position to not only maintain their % , but increase it.
That is the advantage to getting in early, they already have the infrastructure and experience required.
Enjoy that silly hope that they will be dethroned.  

In the meantime , Bitcoin Miner do have perpetual power over your money ,
however due to the dormancy period No PoS coin holder has perpetual power over your transactions.
If you can't grasp that , that failure of understanding is on you and no one else.

To try and make you think , answer this:
If a PoS holder never sells any of his coins , exactly where is the profit for him?
What good is his ever growing % of coins, if he never exchanges any for worldly goods?

Once you realize the answer to that,
it becomes apparent the PoS holder will always sell a % of his coins which will decentralizes a PoS network.
In Contrast to
a PoW Network where the PoW miner can sell 100% of his coins and still keep centralized control over the PoW network using his ASICS.

A Low Inflation PoS Design moves toward Decentralization or the PoS holder never profits.

A PoW Design moves toward Centralization as only the elite rich can maintain it insane energy arm race.


FYI:
Sidenote: PoW coins like Bitcoin allow the miners to choose transactions based on what fee price is payed,
Approving or Denying transactions if you don't pay their current extortion rate of the day

The Majority of PoS coins , charge a fixed low rate fee with no refusals or delays waiting approval from the staker,
also the transactions are entered in the order of appearance not a random order like PoW, (where higher fees jump in front of the line.)

The Standard PoS wallets don't have an option to refuse transactions,  they process all transactions in order by default.
Just another reason PoS is superior to PoW. Increase fairness and reliability in transaction processing.

FYI2:
ZEIT for example can process Maximum Transactions Capacity ~12 million transactions per day Onchain
Bitcoin Onchain Maximum Transaction Capacity even with Segwit is inferior to ZEIT transaction performance.

[Wind_FURY]

@ WindFury,

Ok you want a coin picked for you by someone else,  You go with Blackcoin as your PoS Choice.

PoS coins go dormant after they stake , No PoS holder can maintain dominance over a PoS network if his coins are dormant.
This dormant period gives other stakers a chance to stake, Bitcoin PoW does not have a dormant period.

Chinese miners which (Bitmain is 1) have ruled for over 2 years with ~70% ,
Sorry no signs of them losing power whatsoever, in fact with the recent price failures of bitcoin to return above $10000,
those Chinese miners are in a better position to not only maintain their % , but increase it.
That is the advantage to getting in early, they already have the infrastructure and experience required.
Enjoy that silly hope that they will be dethroned.  

But you support POS in which the originators, stakers, whales of the network are granted perpetual powers because it costs them nothing to process, validate, or to vote on the network's behalf.

In the meantime , Bitcoin Miner do have perpetual power over your money ,
however due to the dormancy period No PoS coin holder has perpetual power over your transactions.
If you can't grasp that , that failure of understanding is on you and no one else.

There are costs in POW and will always be. Bitmain will not "dominate" mining forever. It is you who do not grasp the situation, especially the situation in POS.

To try and make you think , answer this:
If a PoS holder never sells any of his coins , exactly where is the profit for him?
What good is his ever growing % of coins, if he never exchanges any for worldly goods?

As a monetary system, the creation of POS coins from thin air have no costs, staking them to maintan the network have no costs. Why should "they" be granted the right to keep their power perpetually for free?

Once you realize the answer to that,
it becomes apparent the PoS holder will always sell a % of his coins which will decentralizes a PoS network.
In Contrast to
a PoW Network where the PoW miner can sell 100% of his coins and still keep centralized control over the PoW network using his ASICS.

A Low Inflation PoS Design moves toward Decentralization or the PoS holder never profits.

A PoW Design moves toward Centralization as only the elite rich can maintain it insane energy arm race.

POS bears no cost to keep their power, POW bears costs and it is becoming more costly, especially for Bitmain now that competitors are coming in.

FYI:

Zeitcoin? Good luck. It will NEVER replace Bitcoin.

[bones261]

however due to the dormancy period No PoS coin holder has perpetual power over your transactions.

What "dormancy period" are you talking about? Are you talking about having to wait a certain amount of confirmations before your coins can stake again? All one needs to do is use coin control and split their transaction into several different addresses, and recombine them when and if a UTOX gets too small. You can basically maintain the same staking weight perpetually, using only one node. Those with the most coins will have their weight affected much less after each stake than the little guys who only have a few coins to split.

[Zin-Zang]

however due to the dormancy period No PoS coin holder has perpetual power over your transactions.

What "dormancy period" are you talking about? Are you talking about having to wait a certain amount of confirmations before your coins can stake again? All one needs to do is use coin control and split their transaction into several different addresses, and recombine them when and if a UTOX gets too small. You can basically maintain the same staking weight perpetually, using only one node. Those with the most coins will have their weight affected much less after each stake than the little guys who only have a few coins to split.

Peercoin dormancy period 90 days
Tekcoin  dormancy period 30 days
Mintcoin dormancy period 20 days
Zeitcoin dormancy period  1 day  

You think you have enough of any of those coins to maintain control for that many days over everyone else.

What I saying is you can't block all of the transactions in a PoS network like you can in a PoW network.

And you would need alot more than 51% to even try it.

* IF a Bitcoin miner has 51% , he can basically find every single block in a row and therefore 100% control what transation are or are not included.
* In a PoS network even if the holder had 70% , he still be unable to find every single block in a row and control the transaction like what a PoW miner can do.
(The Dormancy period prevents constant control in PoS like what a PoW miner has.)

FYI:
The Dormancy period is the time before a block of coins is eligible to stake again after staking.
Staking weight is never constant as coins using coin age , # of coins are multiplied by the time since last staked.
So the more you split those coins into more blocks the less your chance of staking quickly.
As far as the little guys go that can't afford alot of coins, there best option is to combine all of their coins in 1 block and then use coin age to multiple that amount so it can earn new coins.  And the little guy that can only afford a few PoS coins has a snowball chance in hell of affording to mine a bitcoin.
PoS network have a greater degree of the Chaos effect protecting them , as you never know how many coins will be staking at a given time.


Deleted Posts by ASSHATS MODS

A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

@WindFury,

Guy your ability to block out what is right in front of you is sickening.

PoS Holders can not dominate like a PoW Miners can, it is just not coded that way.

How many Nodes do you run?

It cost money to run Nodes, it is not free.  Plus those coins in the Nodes are not free,
You purchased them or you mined them with PoW, but you have to run a node to compete to make more,
and you have to sell some if you want to exchange it for other items.

You admit bitcoin miners currently have perpetual power over you and have had it for over 2 years with no quick end in site.

And you whine that PoS holders may possibility have that same power, when I have explained to you multiple times that they don't.

That's it? The cost to be the perpetual power on the network is to run a node, or nodes if they want to Sybil attack the network.

POW costs are very high. They are so high that it will force some "powers" in the network to fail. Watch Bitmain, its "monopoly" will not hold forever, not like the originators of a POS coin.

Wow! you are just really so stupid , you can't comprehend what perpetual power really is.

Ok , I am done talking to you, there is no hope for you.

Enjoy your bitcoins and your servitude to Bitmain , which will never end.
Keep thinking Bitcoin will cost $1 million dollars per coin and that it is not environmentally damaging to the world.
You think your religious fanaticism to bitcoin will make you rich, now that is funny.

Good Day Moron.    

A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

@WindFury,

Guy your ability to block out what is right in front of you is sickening.

PoS Holders can not dominate like a PoW Miners can, it is just not coded that way.

How many Nodes do you run?

It cost money to run Nodes, it is not free.  Plus those coins in the Nodes are not free,
You purchased them or you mined them with PoW, but you have to run a node to compete to make more,
and you have to sell some if you want to exchange it for other items.

You admit bitcoin miners currently have perpetual power over you and have had it for over 2 years with no quick end in site.

And you whine that PoS holders may possibility have that same power, when I have explained to you multiple times that they don't.

Just how big a moron are you?

FYI:
Bitmain will be your master as long as you own bitcoin.
https://dailyhodl.com/2018/08/11/crypto-mining-king-bitmain-is-raking-in-huge-profits-every-quarter/

Bitmain currently dominates the mining sector.
Bitmain is raking in huge profits every quarter.
Bitmain also controls numerous mining pools.
Conservative estimates by the accounting firm Bernstein have put Bitmain’s market share at 70%-80%.
Bitmain currently owns or operates a number of the world’s largest mining pools. These include Antpool and BTC.com. The reclusive company also operates several cloud mining divisions in addition to these hardware-based mining pools. Hashnest, Suanlibao, and BW.com are three of the biggest cloud mining operations in existence today. All of them are controlled by Bitmain.
Antminer rigs are now the industry standard.
Bitmain has pioneered the shared data center business structure
Bitmain is able to increase their profits even further by positioning their data centers in these regions.
Bitmain operates subsidiary mining farms in Israel, Switzerland, Canada, and Singapore.
Bitmain now controls the destiny of BTC in terms of development
Experts put Bitmain’s network control at around 51%.

A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

@The Bitcoin Mods,

Your Continued Censorship of my posts has exceeded my ability to ignore.

You delete my posts with accurate information,
You leave a Moron's post like wind fury untouched.

So to hell with you and to hell with your free speech censoring bullshit.

.  

* @Lauda, I was going to leave btctalk for good, Until I saw your endearing message in my trust score, because of your concerns , I am going to stay.    
* Alert your minions the game is now afoot.*