Author

Topic: POW can be replaced in the future (Read 117 times)

full member
Activity: 602
Merit: 100
July 10, 2018, 12:04:46 PM
#5
Of course, in the future, anything can be replaced,because we do not know what technology will be used,and what it can all lead to, as now develop flying machines, you see so in 10-15 years will only be flying machines,and such ground will go back in time,so as they say we will see
newbie
Activity: 143
Merit: 0
July 10, 2018, 12:01:30 PM
#4
Profitability of cryptocurrency is decreasing, leading to reduced hardware demand and the GPU may drop to 20% next month. Hardware manufacturers are turning to gamers, so the number of graphics cards is expected to decrease in the coming months. So if anyone has the money can buy the machine at the time, if the market grows stronger. At present, the company is also launching discounts and promotions to expel the remaining shipments, so investment is now quite safe if you have a positive mind about the market, the level of risk Also, the current PoW protocol is being gradually replaced by many protocols such as NEO's dBFT mechanism, PoS protocol, Masternodes, and these protocols. It does not need to be handled with a digger, depending on the protocol. The operation mechanism has a separate authentication algorithm, so it does not need a digger, does not require power, the use of existing resources is very large. Keep Coins in your wallet for active investors. Therefore poW in the future will gradually be replaced. All investment decisions must be carefully calculated to avoid risk.
Where source of news?
I discussed with a friend about this issue.
I just want to express my opinions and discuss with everyone
jr. member
Activity: 31
Merit: 6
July 09, 2018, 12:18:52 PM
#3
PoW isn't inherently that inefficient, it's simply a sybil protection measure. The consensus algorithm is usually what will determine efficiency so while some algorithms are inefficient others are not. Some consensus algorithms work for both PoW and PoS. But the answer isn't as clear cut as that, it's unlikely that we will see PoW die off anytime soon, though it may not be as prominent for new chains.
newbie
Activity: 27
Merit: 1
July 09, 2018, 12:02:42 PM
#2
Profitability of cryptocurrency is decreasing, leading to reduced hardware demand and the GPU may drop to 20% next month. Hardware manufacturers are turning to gamers, so the number of graphics cards is expected to decrease in the coming months. So if anyone has the money can buy the machine at the time, if the market grows stronger. At present, the company is also launching discounts and promotions to expel the remaining shipments, so investment is now quite safe if you have a positive mind about the market, the level of risk Also, the current PoW protocol is being gradually replaced by many protocols such as NEO's dBFT mechanism, PoS protocol, Masternodes, and these protocols. It does not need to be handled with a digger, depending on the protocol. The operation mechanism has a separate authentication algorithm, so it does not need a digger, does not require power, the use of existing resources is very large. Keep Coins in your wallet for active investors. Therefore poW in the future will gradually be replaced. All investment decisions must be carefully calculated to avoid risk.
Where source of news?
newbie
Activity: 143
Merit: 0
July 09, 2018, 12:00:25 PM
#1
Profitability of cryptocurrency is decreasing, leading to reduced hardware demand and the GPU may drop to 20% next month. Hardware manufacturers are turning to gamers, so the number of graphics cards is expected to decrease in the coming months. So if anyone has the money can buy the machine at the time, if the market grows stronger. At present, the company is also launching discounts and promotions to expel the remaining shipments, so investment is now quite safe if you have a positive mind about the market, the level of risk Also, the current PoW protocol is being gradually replaced by many protocols such as NEO's dBFT mechanism, PoS protocol, Masternodes, and these protocols. It does not need to be handled with a digger, depending on the protocol. The operation mechanism has a separate authentication algorithm, so it does not need a digger, does not require power, the use of existing resources is very large. Keep Coins in your wallet for active investors. Therefore poW in the future will gradually be replaced. All investment decisions must be carefully calculated to avoid risk.
Jump to: