You can agree of disagree but classic PoW is going to die.
Maybe in a year, maybe in 5 years but it is going to die. It is expensive, it s waste of energy, it generates negative extrenalities and it ll die.
Why cannot waste energy be recycled into a useful byproduct? Can you not think of some positive externalities of PoW?
1) Spurring ASIC and chip development
2) Encouraging innovation into datacenter and cooling technologies
3) Creating new technologies that recycle waste heat for useful needs
4) Providing a source of security that cannot be easily manufactured and costs real money and real resources to attack
5) Removing the ability of direct human involvement from being able to manipulate or attack the network by separating the power dynamic between the full nodes, miners and developers
Perhaps there will be a version of PoR or a "curecoin" like PoW version could be used in the future. Curecoin current has to depend both on ASIC SHA256 mining and GPU folding for security so doesn't represent a good example of a 100% folding PoW. I could see a small possibility of a future PoR/newer PoW algo slowly being introduced into the reward structure and eventually replace PoW if the benefits are much better and an alt can show it is secure.
