Topic: What is the Best consensus in your opinion? POW, DPOW or POS? - page 2. (Read 277 times)
After thinking about all three of the consensus and their way of working, POS seems like the best option. While it does not consume much energy, it is more centralized than any other consensus here. All in all it provides with the best performance.
As the title, we are talking about the popular consensus - as I know now that includes POW, DPOW and POS. So what is the Best consensus in your opinion?
I my idea:
- POW: Consume much electric energy of our world => unnecessary wastage.
- DPOS: Does not consume much energy but quite centralized (There are some validators)
- POS: Does not consume much energy + More decentralized.
Have I understood right?
For me, the most reliable protocol is Fiat cash. Decentralization is the same myth as democracy. Although of course there are huge advantages for the blockchain, one cannot argue here. Of all the protocols, the most reliable POW. The rest is just not good enough.I my idea:
- POW: Consume much electric energy of our world => unnecessary wastage.
- DPOS: Does not consume much energy but quite centralized (There are some validators)
- POS: Does not consume much energy + More decentralized.
Have I understood right?
As the title, we are talking about the popular consensus - as I know now that includes POW, DPOW and POS. So what is the Best consensus in your opinion?
I my idea:
- POW: Consume much electric energy of our world => unnecessary wastage.
- DPOS: Does not consume much energy but quite centralized (There are some validators)
- POS: Does not consume much energy + More decentralized.
Have I understood right?
POS is the best consensus mechanism, we know that in this time global warming has become the real problem an with the POS system and it will be more suitable because we will not waste our energy to secure the decentralization of blockchain. It's conservative. Have you seen how much energy that has already consumed to secure the blockchain? I my idea:
- POW: Consume much electric energy of our world => unnecessary wastage.
- DPOS: Does not consume much energy but quite centralized (There are some validators)
- POS: Does not consume much energy + More decentralized.
Have I understood right?
I like POW.
The amount of energy put into it is up to the miners, it can run on any spare capacity - a lot or a little. For a currency to require some work to produce makes some sense really..
The amount of energy put into it is up to the miners, it can run on any spare capacity - a lot or a little. For a currency to require some work to produce makes some sense really..
As the title, we are talking about the popular consensus - as I know now that includes POW, DPOW and POS. So what is the Best consensus in your opinion?
I my idea:
- POW: Consume much electric energy of our world => unnecessary wastage.
- DPOS: Does not consume much energy but quite centralized (There are some validators)
- POS: Does not consume much energy + More decentralized.
Have I understood right?
I my idea:
- POW: Consume much electric energy of our world => unnecessary wastage.
- DPOS: Does not consume much energy but quite centralized (There are some validators)
- POS: Does not consume much energy + More decentralized.
Have I understood right?
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