Calling ETC a shitcoin is a bold claim. I'm sure some ETC fanbois may take offense at that. I don't think it's a shitcoin, but I also don't think it is a great coin.
I think Monero would potentially come out well, but there are some serious competition coins to Monero nowadays, so I don't know for certain.
Topic: What effects with ETH going POS have on things? (Read 125 times)
Apologies if this has been asked before, I haven't really seen much on this, and I think it is a huge topic worthy of discussion.
When Ethereum eventually does go proof of stake, how will this affect firstly the value of Ethereum, secondly the value of all other ERC20 tokens?
Think of how many people are mining Ethereum right now....once that stops, where do they go? What will happen to the value of Ethereum when all the big players get nodes for validation and all the small fries have to wait until the minimum goes down. I believe it was speculated by Vitalik that the minimum amount of ETH you need to hold to be an inaugural staker is 1000. Should be very interesting. Would love to know the winners and losers after this all happens.
First, POS will be determined the total supply of ethereum. There will no more inflation from miners again. In the last year, ethereum has done first ice age update and that makes the block reward decrease a half. When Ethereum eventually does go proof of stake, how will this affect firstly the value of Ethereum, secondly the value of all other ERC20 tokens?
Think of how many people are mining Ethereum right now....once that stops, where do they go? What will happen to the value of Ethereum when all the big players get nodes for validation and all the small fries have to wait until the minimum goes down. I believe it was speculated by Vitalik that the minimum amount of ETH you need to hold to be an inaugural staker is 1000. Should be very interesting. Would love to know the winners and losers after this all happens.
As the result the price of ethereum increase more than 2x from $280 to $1200 i take this as ATH of ethereum.
POS will be based on the staking system by the token holders. I guess if the ethereum will migrating into the POS system and the miners will try to move in another blockchain. I guess ETC should be the strong candidate for this.
With POS system transactions will be much faster and there will be more transactions per second even more than VISA transactions per second. The number of staking is still not clear. 1000 eth will be too much and i think it can be something between 100-300 eth and of course there will be some pool that people can even with 10 eth (more/less ) join the pool and stake ..
but i dont think miners will move to a shitcoin like etc
ltc , monero , dash vs vs can be good options for miners Apologies if this has been asked before, I haven't really seen much on this, and I think it is a huge topic worthy of discussion.
When Ethereum eventually does go proof of stake, how will this affect firstly the value of Ethereum, secondly the value of all other ERC20 tokens?
Think of how many people are mining Ethereum right now....once that stops, where do they go? What will happen to the value of Ethereum when all the big players get nodes for validation and all the small fries have to wait until the minimum goes down. I believe it was speculated by Vitalik that the minimum amount of ETH you need to hold to be an inaugural staker is 1000. Should be very interesting. Would love to know the winners and losers after this all happens.
I guess if the ethereum will migrating into the POS system and the miners will try to move in another blockchain. I guess ETC should be the strong candidate for this. When Ethereum eventually does go proof of stake, how will this affect firstly the value of Ethereum, secondly the value of all other ERC20 tokens?
Think of how many people are mining Ethereum right now....once that stops, where do they go? What will happen to the value of Ethereum when all the big players get nodes for validation and all the small fries have to wait until the minimum goes down. I believe it was speculated by Vitalik that the minimum amount of ETH you need to hold to be an inaugural staker is 1000. Should be very interesting. Would love to know the winners and losers after this all happens.
This is my thought as well, ETC could be a very good coin to get in on right now, but whose to say. Perhaps some rebellious ETH miners hardfork, there are rumours that this will happen. Still, good to guess what may happen to be able to prepare for the various potential results.
What is coin POS?
Proof of Stake (PoS) is a category of consensus algorithms for public blockchains that depend on a validator's economic stake in the network. In proof of work (PoW) based public blockchains (e.g. Bitcoin and the current implementation of Ethereum), the algorithm rewards participants who solve cryptographic puzzles in order to validate transactions and create new blocks (i.e. mining). In PoS-based public blockchains (e.g. Ethereum's upcoming Casper implementation), a set of validators take turns proposing and voting on the next block, and the weight of each validator's vote depends on the size of its deposit (i.e. stake). Significant advantages of PoS include security, reduced risk of centralization, and energy efficiency. 
Apologies if this has been asked before, I haven't really seen much on this, and I think it is a huge topic worthy of discussion.
When Ethereum eventually does go proof of stake, how will this affect firstly the value of Ethereum, secondly the value of all other ERC20 tokens?
Think of how many people are mining Ethereum right now....once that stops, where do they go? What will happen to the value of Ethereum when all the big players get nodes for validation and all the small fries have to wait until the minimum goes down. I believe it was speculated by Vitalik that the minimum amount of ETH you need to hold to be an inaugural staker is 1000. Should be very interesting. Would love to know the winners and losers after this all happens.
First, POS will be determined the total supply of ethereum. There will no more inflation from miners again. In the last year, ethereum has done first ice age update and that makes the block reward decrease a half. When Ethereum eventually does go proof of stake, how will this affect firstly the value of Ethereum, secondly the value of all other ERC20 tokens?
Think of how many people are mining Ethereum right now....once that stops, where do they go? What will happen to the value of Ethereum when all the big players get nodes for validation and all the small fries have to wait until the minimum goes down. I believe it was speculated by Vitalik that the minimum amount of ETH you need to hold to be an inaugural staker is 1000. Should be very interesting. Would love to know the winners and losers after this all happens.
As the result the price of ethereum increase more than 2x from $280 to $1200 i take this as ATH of ethereum.
POS will be based on the staking system by the token holders. I guess if the ethereum will migrating into the POS system and the miners will try to move in another blockchain. I guess ETC should be the strong candidate for this.
What is coin POS?
Apologies if this has been asked before, I haven't really seen much on this, and I think it is a huge topic worthy of discussion.
When Ethereum eventually does go proof of stake, how will this affect firstly the value of Ethereum, secondly the value of all other ERC20 tokens?
Think of how many people are mining Ethereum right now....once that stops, where do they go? What will happen to the value of Ethereum when all the big players get nodes for validation and all the small fries have to wait until the minimum goes down. I believe it was speculated by Vitalik that the minimum amount of ETH you need to hold to be an inaugural staker is 1000. Should be very interesting. Would love to know the winners and losers after this all happens.
When Ethereum eventually does go proof of stake, how will this affect firstly the value of Ethereum, secondly the value of all other ERC20 tokens?
Think of how many people are mining Ethereum right now....once that stops, where do they go? What will happen to the value of Ethereum when all the big players get nodes for validation and all the small fries have to wait until the minimum goes down. I believe it was speculated by Vitalik that the minimum amount of ETH you need to hold to be an inaugural staker is 1000. Should be very interesting. Would love to know the winners and losers after this all happens.
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