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Topic: This is what Bitcoin needs. - page 2. (Read 1785 times)

legendary
Activity: 1582
Merit: 1019
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September 29, 2014, 06:38:03 PM
#2
I believe the only thing that's retraining Bitcoin, is it's PoW system.

If it was say, PoS or a varient of PoS without the flaws(n-a-s attack, and more), then it would be much more welcoming,open and friendly to newcomers wishing to get into the Bitcoin mining space.

As it stands, bitcoin's PoW is what's making it's price get lower.
It's Sha256- PoW algo, really needs changing....

It could start with being anonymous because it is not.
sr. member
Activity: 770
Merit: 250
September 29, 2014, 06:37:24 PM
#1
I believe the only thing that's retraining Bitcoin, is it's PoW system.

If it was say, PoS or a varient of PoS without the flaws(n-a-s attack, and more), then it would be much more welcoming,open and friendly to newcomers wishing to get into the Bitcoin mining space.

As it stands, bitcoin's PoW is what's making it's price get lower.
It's Sha256- PoW algo, really needs changing....
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