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konfuzius5278 (OP)
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November 06, 2018, 12:33:21 PM
 #1

Hi,
as you know many Bitcoin forks with different ideas started with Bitcoin Cash. Yuu would all name them altcoin.

But question is, was there a fork ONLY changing POW to POS without any Masternode or other things.

So when you have e.g. 1 BTC at the fork point you will have 1 BTC and one StakeBitcoin ?

As we are runnining in an eviromental desaster (it is like that nothing to discuss) is there a good fork alternativ.

Thanks for your answer

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November 06, 2018, 02:16:53 PM
Merited by avikz (5), vapourminer (1)
 #2

After a long search i haven't found a fork focused on POS. Bitcoin have 3 official forks:

Quote
    Bitcoin Cash: Forked at block 478558,[7] 1 August 2017, for each bitcoin (BTC), an owner got 1 Bitcoin Cash (BCH)
    Bitcoin Gold: Forked at block 491407,[8] 24 October 2017, for each BTC, an owner got 1 Bitcoin Gold (BTG)
    Bitcoin Private: Forked at block 511346,[9] 28 February 2018, for each Bitcoin (BTC) or ZClassic (ZCL), an owner got 1 Bitcoin Private (BTCP).

But now lot of people decide to make their own fork giving us this list of 'Nonsense coins' but none of them are for stake:

Quote
>BitcoinX (BCX): A smart contract (like Ethereum) based Bitcoin. Block 498888. //bcx.org/. NOTE: Snapshot block already occurred; the coin has officially been released and trades on a number of exchanges.

>ABitcoin (ABTC): A “light speed” Bitcoin with smart contracts. Block 498888. The ABTC fork was also a fork for Achain holders. //www.abitcoin.one/. NOTE: Snapshot block occurred, but the coin doesn’t seem to be trading. The ABTC fork was also a fork for Achain holders.

>Bitcoin Hot (BTH): Lightning network, smart contract, zero-knowledge proof, anti quantum hash. Block 498848. NOTE: Snapshot block occurred, but the coin doesn’t seem to be trading.

>Super Bitcoin (SBTC): Like BitcoinX, a smart contract based Bitcoin. Block 498888. //www.supersmartbitcoin.com/index.html. NOTE: Snapshot block already occurred; the coin has officially been released and trades on a number of exchanges.

>Bitcoin Platinum (BTP): According to the site, “Satoshi’s original vision of Decentralized Electronic Cash.” Around December 12th. Blocks 497757 / 498533.  //bitcoinplatinum.github.io/ko.html TIP: Bitcoin Platinum is rumored to be fake see: Bitcoin Platinum Created By South Korean Teenager As a Scam, Local Market Erupts. NOTE: Snapshot block already occurred; no futures trading that I know of (in this case potentially because it wasn’t a real fork).

>Bitcoin Oil (OBTC). No-premine, proof of stake, CPU mining, 2mb blocks. Block 498,888. //www.oilbtc.io/index_en.html NOTE: Snapshot block already occurred; no futures trading that I know of.

>Bitcoin World (BTW). 8mb blocks, proof of work, replay protection. Block 499777. //btw.one/. NOTE: Snapshot block already occurred; no futures trading that I know of.

>Bitcoin Stake (BTCS): Proof of stake (as the name implies). Block 499999. //btcscoin.com/. NOTE: Snapshot block already occurred; no futures trading that I know of.

>Bitcoin Faith (BTF): Smart Contracts, 8mb blocks, and Lightening Network. Block 500000. //www.bitcoinfaith.org/. NOTE: Snapshot block already occurred; no futures trading that I know of.

>Lightning Bitcoin (LBTC): A fork that is meant to provide “lightning fast payments.” Uses smart contracts and can host decentralized apps like Ethereum (and Super Bitcoin). Around December 23rd. Block 499,999. //lightningbitcoin.io/. NOTE: Snapshot block already occurred; I know of no futures trading. (Not to be confused with LiteBitcoin).

>Bitcoin Cash Plus (BCP): According to the site, “fulfilling the original promise of Bitcoin.” Around January 2nd, 2018. Block 501407. //www.bitcoincashplus.org/. NOTE: Snapshot block already occurred; I know of no futures trading.

>Bitcoin Silver (BTCS): According to a BitcoinTalk forum, the coin aims to “Make Bitcoin Decentralized Again.” Apparently, it occurs “in December.” The site had issues at one point. When the site started working “again” it appeared to be a token sale (an Ethereum-based ICO). //bitcoinsilver.io/. NOTE: This ended up being an ICO; I don’t know if it is real, but it is not a Bitcoin fork.

>Bitcoin Uranium (BUM): According to a BitcoinTalk forum, the coin aims to “Make Bitcoin Great Again.” Apparently, it occurs “in December.” //bitcointalk.org/index.php?topic=2316506. NOTE: No update on this fork; it is very doubtful that it “occurred in December.” There isn’t even an official site.

>Bitcoin Top (BTT): Bitcoin Top is like Bitcoin Cash with Segwit and privacy protection according to the site. There isn’t much to go on here outside a website. Block 501118. //www.bitcointop.org/. NOTE: Snapshot block already occurred; no futures trading that I know of.

>Bitcoin Pizza (BPA): A Bitcoin that uses Directed Acyclic Graph technology (DAG), the technology IOTA uses. Block 501,888. //p.top/.

>Bitcoin File (BIFI): Smart contracts, content network, and bigger blocks. Block 501225. //www.bitcoinfile.org/. NOTE: Snapshot block already occurred; no futures trading that I know of.

>Bitcoin God (GOD): No pre-mining, no central team (in theory), smart contracts, large blocks, POS mining, lightening network enabled, zero-knowledge proof, etc. It’s apparently a [slightly late] Christmas Present from Chinese Angel Investor Chandler Guo. Block 501225. Originally said to occur Dec. 25, but block 501225 won’t happen until sometime late Dec. 26 or early Dec. 27 PST. //www.bitcoingod.org/. NOTE: Snapshot block already occurred; I know of no futures trading.

>BitEthereum (BITE): A fork for both Ethereum and Bitcoin. According to the site: ETH block: 4766319. Each ETH can claim 0.34210519 BITE tokens. BTC block: 500283. Each BTC can claim 3.93946357 BITE tokens. //www.bitethereum.io.

>Bitcoin Segwit2x “2.0”: The Bitcoin hard fork Segwit2x is rumored to be back again after being canceled at the last minute back in October (at the time it was meant to occur at block 494784, there was a rumor that it did occur, but no nodes are running it). From what we can tell, and as a reader pointed out, this iteration of Segwit2x seems to have no direct relation to the last Segwit2x fork beyond its name. Further, there is some who question the legitimacy of this fork. The current iteration is planned for block 501451. For the original fork, see: //segwit2x.github.io/. For the latest iteration, see //cointelegraph.com/news/hard-fork-take-two-segwit2x-will-return-dec-28-says-founder. Also see //medium.com/@nicolas.etienne368/fake-segwit2x-fork-by-jaap-turlouw-7d06e5703cba. NOTE: Snapshot block already occurred; Segwit2x futures have been trading since the last Segwit2x fork (be careful trading these futures though, if the forks are unrelated it isn’t clear how exchanges that are allowing Segwit2x futures trading will rectify this).

>Bitcoin Smart (BCS): Equihash mining, 8mb blocks, Segwit, replay, smart contracts, no pre-mine. The smart nod is a nod to smart contracts. It is similar to Bitcoin God where it throws the kitchen sink into the mix. Block 505050. //bcs.info/. NOTE: Snapshot block already occurred; no futures trading that I know of.

>Bitcoin Ore (BCO): Proof of capacity AKA proof of space, 8mb blocks, replay protection. Block 501,949. //www.bitcoinore.org/. NOTE: Snapshot block already occurred; no futures trading that I know of.

>Bitvote (BTV): I’m not sure when the original fork date was, but Bitvote re-forked on at block 505050 due to problems with replay protection.  //bitvote.one/.

>Bitcoin Interest (BCI): A proof of stake Bitcoin fork (it pays you interest for holding BCI essentially). January 22nd, 2018 11:59 PM GMT, or at Block 505083. //bitcoininterest.io/. NOTE: Snapshot block already occurred; no futures trading that I know of.

>Bitcoin Rhodium (BTR): Don’t have any information on block height, the snapshot was January 10 at 23:59:59 UTC and the chain is live according to the official site. //www.bitcoinrh.org.

>Bitcoin Atom (BCA): Bitcoin Atom is a SegWit enabled Bitcoin fork with atomic swaps, hybrid consensus, and lightning network. Block 505888 (occurred Jan 24, 2018). //bitcoinatom.io/. NOTE: BCA mainnet is now active, and the source code has been released – full details here: //medium.com/@bitcoinatom/bitcoin-atom-bca-releases-source-code-mainnet-b72efa4270c8. BCA is listed on CoinMarketCap.com and trades on YoBit.

>Bitcoin Private (BTCP): Zclassic plans to fork Bitcoin to create Bitcoin Private (a privacy-focused Bitcoin that mashes up the features of Bitcoin Gold and Zcash/Zclassic). Zclassic holders and Bitcoin Holders will get Bitcoin Private ( BTCP), you need to hold Zclassic and Bitcoin for the fork. The supply is 19,700,000 BTCP (supply BTC + supply ZCL). Please note that you’ll likely need to hold Zclassic in a Zclassic wallet to be privy to this, thus buying and holding on Bittrex, for example, may not be enough. Snapshot date: The fork occurs February 28th, 2018 according to the official site, however no snapshot block height has been announced yet. Fork Date & Main Net Launch: Approximately 2 days after the snapshot occurs. See Zclassic Twitter: //twitter.com/zclassiccoin and Zclassic Dev’s Twitter: //twitter.com/HeyRhett

>Bitcoin Hush (BTCH): Like with Zclassic, Bitcoin Hush is a proposed cross-coin fork-type-thing (an “immaculate merge fork” according to the devs). To quoth the BTCH GitHub: “For each 1 HUSH, you will get 1 BTCH. For each 1 SUPERNET, you will get 1 BTCH. For each 1 DEX, you will get 1 BTCH. For each 1 BTC, you will get 1 BTCH. BTCH takes the value from four different blockchains (HUSH, SUPERNET, DEX, BTC), and then dumps it onto a host chain Komodo (KMD).” The concept being that you can hold any or all of those coins, then you’ll configure the upcoming wallet to claim the coins. There is no block announced. The original date given was 12 pm NOON UTC on Jan 16th, 2018. However, it was moved to “a block height closest to (but not later than) 12 pm NOON UTC on Feb 1st, 2018. //bitcoinhush.github.io/ and //btchush.org/.

>Quantum Bitcoin (QBTC). This fork seems to have occurred, the information on it is limited. //www.quantumbitcoin.top/.

>Bitcoin LITE (BTCL): This fork seems to have occurred, the information on it is limited. https://www.bitcoinlite.net/.

>BitcoinClean: BitcoinClean is a “green” Bitcoin fork (it is meant to be energy friendly in terms of mining). According to the site, the fork occurs at block  517799. The block is projected to occur Tuesday, April 18th, 2018, 4:30 am (UTC). Block 518800 will be the first bitcoinClean block. //www.bitcoinclean.org.

>Bitcoin Lunar (BCL): A potential fork, almost no information about what it does online. The name implies that it will occur the first day of spring is the 20th March 2018 and at 4:20 GMT (according to their Twitter). //www.bitcoinlunar.org/

>Bitcoin Prime: TBA. A fork of Primecoin and Bitcoin, with atomic swaps. It is like the Zclassic fork Bitcoin Private where two coins fork into one. Perhaps not surprisingly it being developed by the developer of Zclassic. https://bitcoinprime.org/

>Anonymous Bitcoin (ANON): A privacy bitcoin with masternodes. It is a fork of Zclassic and Bitcoin. One might think it has the same devs as Bitcoin prime, but one would be wrong. Just a similar method of forking. Snapshot is Sept 10 according to ANON’s Twitter. https://www.anonymousbitcoin.io/

Source: https://cryptocurrencyfacts.com/a-list-of-upcoming-bitcoin-forks-and-past-forks/


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konfuzius5278 (OP)
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November 06, 2018, 02:44:33 PM
 #3

Question is if we find some DEV to do it as a fork. Every BTC holder gets his free coins.

Same max value, perhaps block time to discuss ( no reason why so long).

And if we are some audacious we name that frok also Bitcoin only in Ticker a leading letter.

Can not be that we try to eat less meat cause of climate and then run millions of coolers to solve a stupid guessing game.

Any programmer in?

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November 06, 2018, 03:04:00 PM
 #4

But now lot of people decide to make their own fork giving us this list of 'Nonsense coins' but none of them are for stake:

Um...

Quote
[...]

>Bitcoin Oil (OBTC). No-premine, proof of stake, CPU mining, 2mb blocks. Block 498,888. //www.oilbtc.io/index_en.html NOTE: Snapshot block already occurred; no futures trading that I know of.

[...]

>Bitcoin Stake (BTCS): Proof of stake (as the name implies). Block 499999. //btcscoin.com/. NOTE: Snapshot block already occurred; no futures trading that I know of.

[...]

>Bitcoin Interest (BCI): A proof of stake Bitcoin fork (it pays you interest for holding BCI essentially). January 22nd, 2018 11:59 PM GMT, or at Block 505083. //bitcoininterest.io/. NOTE: Snapshot block already occurred; no futures trading that I know of.

[...]

Source: https://cryptocurrencyfacts.com/a-list-of-upcoming-bitcoin-forks-and-past-forks/

So there you go OP, that's already 3 PoS-based Bitcoin hardforks to choose from.

Whether any of them will be around in 2-3 years is a different question though. Of these 3 only BCI is listed on CoinMarketCap so far and even then only with very low trading volume.

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November 06, 2018, 03:42:47 PM
 #5

I think it's very interesting to look into POW vs POS. Both have their own benefits but the future is where there will be no hard forking IMO
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November 06, 2018, 04:03:17 PM
 #6

CLAMCOIN may 12th 2014

uses bitcoins genesis block. any anycoin holders on the 12th may 2014 also has clams
and its PoS

so absolutely no need to just make another fork for the sake of making a fork

to correct the OP

environmental disaster??
um.. no

bitcoins hashpower is the equivelent to 10 trillion Pc's hashrate yes
bitcoins hashpower is the equivelent to 333 billion GPUs hashrate yes

but
only 3.6million asics

in prospective for all those screaming "china has 50%"
if china did have 50%.. thats only 20twh a year that would be that scenario of "china has 50%"
(yep bitcoin mining is 40twh a year)

here is the kicker though
china produce 6000twh a year for residents and businesses.. and so comparing it 6000 vs 20 (0.3%)

other fun fact
china produce more than they use. 13% is excess that they keep running evn if wasted/unpaid

mining again 0.3% buy some of the excess... its like buying perfectly edible food that would just go to landfill anyway, but just wouldnt get used otherwise.


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November 06, 2018, 04:13:05 PM
Merited by OgNasty (1)
 #7

to correct the OP

CLAMCOIN may 12th 2014

uses bitcoins genesis block. any anycoin holders on the 12th may 2014 also has clams
and its PoS

so absolutely no need to just make another fork for the sake of making a fork

CLAM was an airdrop for BTC, DOGE and LTC holders, so not really a Bitcoin hardfork. Additionaly CLAM uses different parameters from Bitcoin in terms of block interval and final supply (amongst other things), so it doesn't quite satisfy what OP was asking for.

Still a fun project though, always nice to see it mentioned.

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November 06, 2018, 04:48:53 PM
 #8

to correct the OP

CLAMCOIN may 12th 2014

uses bitcoins genesis block. any anycoin holders on the 12th may 2014 also has clams
and its PoS

so absolutely no need to just make another fork for the sake of making a fork

CLAM was an airdrop for BTC, DOGE and LTC holders, so not really a Bitcoin hardfork. Additionaly CLAM uses different parameters from Bitcoin in terms of block interval and final supply (amongst other things), so it doesn't quite satisfy what OP was asking for.

Still a fun project though, always nice to see it mentioned.

ya but just doing a bitcoin fork keeping parameters the same is lame. (no innovation. no inspiration. just copy and paste script kiddy stuff to just give people more airdrops(well just the minimal single tweak as the lame excuse as to why a new airdrop should happen(facepalm)).. thats what that big list of altcoins that tag on the name "bitcoin" do)


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November 07, 2018, 04:17:35 PM
 #9

very interesting to see that POS is best way to increase or stake coins instead of mining.it is much more easier than mining. we can stake coins without help of super computers and all.
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November 07, 2018, 04:31:28 PM
 #10

Hi,
as you know many Bitcoin forks with different ideas started with Bitcoin Cash. Yuu would all name them altcoin.

But question is, was there a fork ONLY changing POW to POS without any Masternode or other things.

So when you have e.g. 1 BTC at the fork point you will have 1 BTC and one StakeBitcoin ?

As we are runnining in an eviromental desaster (it is like that nothing to discuss) is there a good fork alternativ.

Thanks for your answer

One StakeBitcoin will cost very little, compared to the cost of 1 BTC, for investors it’s a penny, and they don’t pay attention to it, it’s not the profit scale.
it's more marketing. Grin
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November 07, 2018, 04:37:15 PM
 #11

I only claimed BCH & BTG, couldn’t be bothered moving my bitcoin’s out of cold storage AGAIN to claim the rest. I probably should as I could still claim a fair bit of money but don’t like risking/moving my bitcoin’s as they’re very valuable to me.

Think I read some bull shit about another fork coming soon -  Bitcoin Air. If any of these forks were really & I mean really worth it I’d claim them but atm nothing forcing me to do so.

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May 19, 2021, 12:12:03 AM
 #12


Um...

Quote
[...]

>Bitcoin Oil (OBTC). No-premine, proof of stake, CPU mining, 2mb blocks. Block 498,888. //www.oilbtc.io/index_en.html NOTE: Snapshot block already occurred; no futures trading that I know of.

[...]

>Bitcoin Stake (BTCS): Proof of stake (as the name implies). Block 499999. //btcscoin.com/. NOTE: Snapshot block already occurred; no futures trading that I know of.

[...]

>Bitcoin Interest (BCI): A proof of stake Bitcoin fork (it pays you interest for holding BCI essentially). January 22nd, 2018 11:59 PM GMT, or at Block 505083. //bitcoininterest.io/. NOTE: Snapshot block already occurred; no futures trading that I know of.

[...]

Source: https://cryptocurrencyfacts.com/a-list-of-upcoming-bitcoin-forks-and-past-forks/

So there you go OP, that's already 3 PoS-based Bitcoin hardforks to choose from.

Whether any of them will be around in 2-3 years is a different question though. Of these 3 only BCI is listed on CoinMarketCap so far and even then only with very low trading volume.

I was thinking about to do the same, a PoS fork of Bitcoin. But looks like nobody would be interested in it. Can't find any of the 3 coins mentioned, except BCI, and looks dead now 3 years later:

https://coinmarketcap.com/currencies/bitcoin-interest/
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May 19, 2021, 03:42:37 AM
 #13

I was thinking about to do the same, a PoS fork of Bitcoin. But looks like nobody would be interested in it. Can't find any of the 3 coins mentioned, except BCI, and looks dead now 3 years later:
It is because of two things.
First the fact that PoS is more of a vaporware rather than an actual technology which was used for many years to fool people who couldn't mine bitcoin into thinking the new shitcoins with the algorithm are "better" than bitcoin. It also has a lot of weaknesses and serious attack vectors that can be exploited easily if there is enough incentive which is why most PoS coins are either too tiny for anyone to bother attacking them or are completely centralized to prevent the attack.
Secondly it is because copycat coins (which didn't start with bcash in 2017 by the way) are useless and would die sooner or later regardless of what changes they made to bitcoin.

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May 23, 2021, 09:25:28 AM
 #14

What attack vectors of PoS can be easily exploited? Ideas like "Weak Subjectivity", e.g. as described in the FAQ for CASPER, seem very theoretical.

And why are copycat coins useless? I mean it would be with the added feature of PoS. So everyone who owns Bitcoin, and who wants to be "green", would clearly want to use it Grin
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May 23, 2021, 12:29:18 PM
Merited by vapourminer (1), pooya87 (1)
 #15

Proof-of-Stake on Bitcoin blockchain will never happen because there are major disadvantages that reduce security and decentralization, and they introduce stupid stake feature
that means anyone could run PoS node only if they deposit lot of BTC or trust some validator to do it for them.
Imagine new people wanting to run node and you tell them, oh sorry sir first you need to buy and stake 5 BTC to run your node, and big wales will take most of the staking rewards.
Proof-of-Stake also adds big complexity and much more bugs with potential exploits, and Bitcoin is simple just to avoid that issues and reduce bugs in code.

Here are all Bitcoin forks and most of them are worthless btw:
https://forkdrop.io/

As we are runnining in an eviromental desaster
No we are not.
Stop watching mainstream media and don't trust everything you hear or read, it's not that hard to use your own brain and think.

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August 04, 2021, 08:57:16 AM
 #16

We are in the middle of an eviromental desaster, thats not mainstream you can read it in many many scientific papers.
People ignore that make big stress to our children.

All the long thread you mentioned POS Forks. But you need the BTC Ticker, otherwise no trust. So the main devs need to join the game and give their github.

And centralisation..... hell how can you mine BTC these days without investing thousends of dollars at a place with cheap electricity. Thats no decentralasion. Its a fairy tale BTC is still decentral. It was sathoshis idea , but he went off when grafic cards could mine Bitcoin.

btw. little off topic: the block limit all say its a main part of BTC was not at start . It was put up later....

https://bitcointalk.org/index.php?topic=946236.msg10388435#msg10388435


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August 04, 2021, 10:07:04 AM
Merited by vapourminer (1)
 #17

We are in the middle of an eviromental desaster, thats not mainstream you can read it in many many scientific papers.
People ignore that make big stress to our children.
We are. The onus is on the government to implement climate-friendly measures; carbon tax, or other financial disincentives to discourage certain activities (ie. Bitcoin mining). People also seem to ignore that greenwashing is very much quite a prevalent issue within the society that we live in. If governments are willing to implement drastic measures to limit the environmental impact of Bitcoin mining, either through outlawing it or by making them use cleaner energy source then there is no problem.

And centralisation..... hell how can you mine BTC these days without investing thousends of dollars at a place with cheap electricity. Thats no decentralasion. Its a fairy tale BTC is still decentral. It was sathoshis idea , but he went off when grafic cards could mine Bitcoin.
PoW works, simple as that and there is nothing to change there.

There is no such thing as decentralization when we're talking about PoW or PoS for that matter. Simple logic tells you that whoever has the most resources will be able to control a larger proportion of the network, and eventually it would become an entire industry where economies of scale outperform small miners.

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August 04, 2021, 03:35:45 PM
 #18

We are in the middle of an eviromental desaster
No we are not, and certainly not because of Bitcoin, but I guess if you keep your head in TV and mainstream media 24/7 it may seem like that.
There is obvious push for some ''green new deal'' that is not so green as advertised, and there is hidden agenda pushed by big tech corporations for this.
For all those renewables you would need to destroy countless rivers to create those lithium batteries and there will never be enough batteries to power everything like it was imagined.
You want to know what is number one pollution in world now? Over 1.6 billion stupid face masks all ended up in ocean during 2020, and nobody cares about that.
 
And centralisation..... hell how can you mine BTC these days without investing thousends of dollars at a place with cheap electricity. Thats no decentralasion. Its a fairy tale BTC is still decentral. It was sathoshis idea , but he went off when grafic cards could mine Bitcoin.
You are totally brainwashed and you don't have a slightest idea what you are talking about, but you can believe your own PoS fairytales of saving the earth  Roll Eyes and watch out for pigeon shit may fall on your head  Cheesy

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August 04, 2021, 06:28:29 PM
Merited by ranochigo (2)
 #19

We are in the middle of an eviromental desaster
No we are not, and certainly not because of Bitcoin, but I guess if you keep your head in TV and mainstream media 24/7 it may seem like that.

Yes we are and utterly disregarding the scientific consensus won't change that. And I'm telling you that as someone who hasn't had a TV for two decades and isn't even sure what counts as mainstream media these days. Not like I care anyway.

That being said, PoS is a red herring. All that talk about PoW and Bitcoin mining being bad for the environment is just political posturing to distract from the real issue, ie. unnecessarily high reliance on fossil fuels and coal. It's just much easier to attack something as alien as Cryptocurrencies and PoW rather than, you know, try to actually change some of the systemic issues. Want to actually mitigate some of the climate issues? Vote the parties out that continue to subsidize coal mines and airlines over renewables and rail traffic. (well, the latter from an European perspective. I'm afraid the US rail system may be a lost cause at this point in time)


All the long thread you mentioned POS Forks. But you need the BTC Ticker, otherwise no trust. So the main devs need to join the game and give their github.

The code is open source and anyone is free to make their own fork of Bitcoin. Not sure what more you want.


And centralisation..... hell how can you mine BTC these days without investing thousends of dollars at a place with cheap electricity. Thats no decentralasion. Its a fairy tale BTC is still decentral.

Just because you can't mine BTC using a bunch of GPUs in a corner of your living room anymore doesn't mean it's centralized.

Also staking these days requires an even larger amount of capital -- e.g. 32 ETH for Ethereum which amounts to USD 83,000,- as of right now, or as another example 1,000 DASH for a masternode, which amounts to USD 160,000,- today. That's a significantly higher level of entry than mining. Unless you want to keep your money in a... you know... centralized exchange.


It was sathoshis idea , but he went off when grafic cards could mine Bitcoin.

*CPUs. It wasn't like 1-2 years later until GPU mining became a possibility.

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August 04, 2021, 06:54:09 PM
 #20

Yes we are and utterly disregarding the scientific consensus won't change that. And I'm telling you that as someone who hasn't had a TV for two decades and isn't even sure what counts as mainstream media these days. Not like I care anyway.
Well how did you learn about this ''eviromental desaster'' if not from mainstream media brainwashing corporation, broken educational system, or their social media propaganda machinery?
I didn't say there is no ecological problems, there is a lot (biggest one now is oceans full of face mask junk), but it's not caused by Bitcoin mining that uses 1% of electric energy.
Follow the money and you will see that most of this scientific consensus is fake and paid by big corporation, Rockefellers, Bill Gates and other clowns who care so much that they even had idea to block the sun, release gmo mosquitos, and talk about population reduction because he thinks WE the people are bad for environment and we produce so much co2  Roll Eyes
Bill Gates is NOT a scientist nor are the people he bribes to talk and spread his wild ideas while he hides on some remote island.

unnecessarily high reliance on fossil fuels and coal.
You are just replacing fossil fuels and coal with lithium and other poisons that are ALL coming from guess where from... yes from China.
I am not saying that PoW is perfect system but it is best we have so far with Bitcoin.


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