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Can BitCoin create a Fork and Implement PoS?
It could, but won't. You could however fork it into something that isn't bitcoin but is PoS, as the other PoS coins are.
That would fundamentally break the decentralization model that Bitcoin is attempting to achieve. Yes it can be done, but it wouldn't be Bitcoin anymore. I still haven't figured out what PoS solves that centralized agencies don't solve better, but I guess that's a different topic.
Ye olde definitive criticism;
https://download.wpsoftware.net/bitcoin/pos.pdf
Ye olde definitive criticism;
https://download.wpsoftware.net/bitcoin/pos.pdf
Agree, PoW is such an important part of the network that changing to an PoS would means everybody is switching to an alt. I don't think you can achieve consensus on that because of all the stakeholders. Theoretically it is possible, there are some PoS networks.
That would fundamentally break the decentralization model that Bitcoin is attempting to achieve. Yes it can be done, but it wouldn't be Bitcoin anymore. I still haven't figured out what PoS solves that centralized agencies don't solve better, but I guess that's a different topic.
Ye olde definitive criticism;
https://download.wpsoftware.net/bitcoin/pos.pdf
Ye olde definitive criticism;
https://download.wpsoftware.net/bitcoin/pos.pdf
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