Are PoS coins secure and reliable?

[AliceWonder]

If it is a CPU coin, you are invite botnets.

I believe botnets are only an issue if your coin is valuable enough as they aren't cheap to run, which probably means a 51% isn't obtainable by a botnet as cpu coins with lots of value would tend to have a lot of users who mine.

[AliceWonder]

I think it's self evident that all else being equal a PoS system that uses a fraction of the energy that a PoW system does is superior.

Yes, a PoS system will use less energy, but that doesn't make it superior.

3g cell towers use less energy than 4g cell towers. Which kind of cell service do you prefer?

[devphp]

Yes, a PoS system will use less energy, but that doesn't make it superior.

3g cell towers use less energy than 4g cell towers. Which kind of cell service do you prefer?

If 3g can do all the same 4g can do and even much more and use less energy, which would you prefer?

[newuser01]

PoS is garbage. The only reason for its existence is to separate fools from their money.

QFT

Yes, a PoS system will use less energy, but that doesn't make it superior.

3g cell towers use less energy than 4g cell towers. Which kind of cell service do you prefer?

If 3g can do all the same 4g can do and even much more and use less energy, which would you prefer?

they can't and don't, your argument is invalid.
(fyi 4g wouldn't exist if that was the case)

[XbladeX]

Yes, a PoS system will use less energy, but that doesn't make it superior.

3g cell towers use less energy than 4g cell towers. Which kind of cell service do you prefer?

If 3g can do all the same 4g can do and even much more and use less energy, which would you prefer?

Pow coins just waste power for nothing whole job which they do have no real sense.
In POW higher power consumption doesn't mean that BTC is 1000x faster than it was 4years ago... but it consume 10000x more power
that energy is wasted !...

Now POW vs POW is more like
100W lamp vs 10W LED light and same amount of  LUX  in output

in POS tablet = big GPU/Asic farm in POW
where is future ? BOTH devices can do SAME job...
...in what direction world is going is obvious.

Here ? POW


Or: POS

[devphp]

If 3g can do all the same 4g can do and even much more and use less energy, which would you prefer?

they can't and don't, your argument is invalid.
(fyi 4g wouldn't exist if that was the case)

3g and 4g were figurative here:
3g = gen 2.0 poS coins
4g = legacy PoW coins.

gen 2.0 PoS coins can and do more than legacy PoW coins, and use less energy too.

[Este Nuno]

If 3g can do all the same 4g can do and even much more and use less energy, which would you prefer?

they can't and don't, your argument is invalid.
(fyi 4g wouldn't exist if that was the case)

3g and 4g were figurative here:
3g = gen 2.0 poS coins
4g = legacy PoW coins.

gen 2.0 PoS coins can and do more than legacy PoW coins, and use less energy too.

Yes. And remember the root statement of this train of thought was my "all else being equal" when considering PoS and PoW. And by that we're talking about a hypothetical future scenario(which I think is likely) where PoS has gone through the motions and is proven to be a secure and viable system like PoW is already.

It seems that PoS is very close to being there. Just a little bit more time and full implementation of hypothetical solutions to the problems that people debate about today and we're almost there. Then we'll need some time to let it get thoroughly tested and then the cryptocurrency community can move on from PoW.

[XbladeX]

....
gen 2.0 PoS coins can and do more than legacy PoW coins, and use less energy too.

To be fair any of those feature can be done for POW coin too difference is that in POW
coin developers don't have so much motivation to hard work because miners can dump on them...
and devaluate their work while POS developers are building their kingdoms with vision in head.

POS coins usually like to make shock features which leads to PUMP but that feature in reality
can be ported between any other POW / POS coin on existing protocol.
DRK and anon is great example of feature race...

On blockchain you can make many magic tweaks also assent exchange p2p smart contracts ext...

gen 2.0 POS in real as "features" doesn't matter so much in that case
need fast protocol, low energy cost and low resource requirements and good security
those are challenges !
not pump features who no one in real use...

[Este Nuno]

....
gen 2.0 PoS coins can and do more than legacy PoW coins, and use less energy too.

To be fair any of those feature can be done for POW coin too difference is that in POW
coin developers don't have so much motivation to hard work because miners can dump on them...
and devaluate their work while POS developers are building their kingdoms with vision in head.

POS coins usually like to make shock features which leads to PUMP but that feature in reality
can be ported between any other POW / POS coin on existing protocol.
DRK and anon is great example of feature race...

On blockchain you can make many magic tweaks also assent exchange p2p smart contracts ext...

gen 2.0 POS in real as "features" doesn't matter so much in that case
need fast protocol, low energy cost and low resource requirements and good security
those are challenges !
not pump features who no one in real use...

I do agree that features and the core of the protocol are entirely separate things. But not all features are worthless necesarrily. We'll see over time what features real people will use and which are just for show.

But yes, I agree with you that:

"fast protocol, low energy cost and low resource requirements and good security"

Are the most important things.