Power of stake is always better. In Pow, there is a wastage of energy and the rate of failure is more. Besides, Pow has many risks with it.
Topic: POW and POS, which is better? - page 3. (Read 431 times)
Environmental wise, PoW will cause the use of huge electricity into nothing more than confirming transaction while PoS will seems to save up the electricity because it doesn't need to power up bunch of mining tools, If im to choose, I'd choose PoS, it's better to have an environmental friendly cryptocurrency than the ones that making global warming even worst
As far as i now POS is better than POW. Because POS is less risky and their technology also good than POS. That’s why peoples are more connect with POW.
POS in crypto-currency mining is much better and will gradually be introduced into all crypto-currencies. This type of mining is much more economical and environmentally friendly.
actually i see for the cost will be the same only, but because the power efficiency used POS is better. But POS also does not guarantee if transaction speed can be better than POW. between POS and POW has advantages and disadvantages of each.
As mentioned above POW is energy hungry and POS on the other hand have improved a lot over time and now can replace POW with same level of security.
As of decentralization, at current time, POS can be more decentralized than POW as mining are mostly done by industry grade miners.
As of decentralization, at current time, POS can be more decentralized than POW as mining are mostly done by industry grade miners.
I always believe that POS is much better than POW. Energy saving, safer...
But "Fake Satoshi" Dr Craig seems to believe that POW is better than POS when he said: POW is fair & for everybody who work hard while POS is for people who are wealthy (they have much money for staking).
What do you think?
But "Fake Satoshi" Dr Craig seems to believe that POW is better than POS when he said: POW is fair & for everybody who work hard while POS is for people who are wealthy (they have much money for staking).
What do you think?
But what he said is true, to maximize profit when staking, you must have more coins to get higher mining reward.
PoW have huge electricity cost too. I think PoS would not exist if PoW was the best method for mining.
Either it PoW or PoS, they have the advantages and disadvantages each others.
Of course POS is much better than POW. Forget the Fake Satoshi guy, friend.
POW is a waste of energy of our world. POS is not
In POW consensus, the owners of the coin and hash power may be different.
Pos is the truly decentralized system but it looks like asic miners were destroying anything. POS will become a useless system in the future. POS is the future. Remember this bitcoin gold has been getting 51% attack the blockchain has been exploited and the scammer steals the bitcoin gold. POW waste a lot of energy. POW is a waste of energy of our world. POS is not
In POW consensus, the owners of the coin and hash power may be different.
No doubt, POS is better than POW. POW is a previous version but now POS is on demand. Proof of stake is a mining technology that is replacing the POW technology. Proof of stake has some advantages over proof of work. POS will save the people from having spamming messages from the hackers and so it is on demand now.
POW is a previous version but POS is on demand. POS is a mining technology that is replacing the POW technology. Proof of stake has some advantages over proof of work. POS will save the people from having spamming messages from the hackers and so it is on demand now.
No one can really answer you this because so far both ways have flaws and aint really a perfect solution.With pow network depends from minners that most of the times aint loyal and will point their gear towards more profitable coin.On the other hand pos leads to centralisation where most of masternodes/coins belong to only few individuals...
I think that POS is better. POW have many risks such as equipment failure, electricity fees, etc.
Of course POS is much better than POW. Forget the Fake Satoshi guy, friend.
POW is a waste of energy of our world. POS is not
In POW consensus, the owners of the coin and hash power may be different.
POW is a waste of energy of our world. POS is not
In POW consensus, the owners of the coin and hash power may be different.
I always believe that POS is much better than POW. Energy saving, safer...
But "Fake Satoshi" Dr Craig seems to believe that POW is better than POS when he said: POW is fair & for everybody who work hard while POS is for people who are wealthy (they have much money for staking).
What do you think?
But "Fake Satoshi" Dr Craig seems to believe that POW is better than POS when he said: POW is fair & for everybody who work hard while POS is for people who are wealthy (they have much money for staking).
What do you think?
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