I am aware that BTC maximalists would back PoW at any costs, but it is evident if energy consumption cannot give it the actual adoption it deserves.
PoS is better because it uses less energy, but it is centralized.
What other algorithms are there, and what problems do they solve?
POS or POW or Do we have something better than these?
Asides PoW every other thing is security, no inherent value attached
LOL. I can't believe the TOP project in this WORLD! So-called Yopi Network.
>Play AND Earn RPG Games
>High staking profit, up to 66%
>Clear and transparent roadmap
>The takeover of yopi.network is eminent in the new age technology
How does PoS defend against a 51% short attack? If some group of stakers managed to borrow up to 51% and then went short they could profit from ruining the network.
Yes. Threshold relay. DYOR
energy consumption = inability for kikes to print btc out of thin air and leech forever with fake yields while doing zero efforts
that's why it's a problem for them
There is Proof of Routing, which rewards users based on how much data they contributed to the network. For me this seems like the most logical way to reward nodes.
Unfortunately I don't know much about PoR and whether it actually works.
Thats why I'm betting my all on Proof of Randomness.. It has the democracy of PoW and ecofriendly feature of PoS
DAGs like HBAR and constellation
Best of both worlds is really nice to hear. As we can easily mine the QANX on the go with our mobile phones.
Proof of Stake and Proof of Work are just Sybil Control Mechanisms, by themselves they dont say anything about energy efficiency, decentralization or speed.
The eth 2.0 is going to shake things up. I'm literally excited for the merge. But worried about the Mt.Gox fucking release.
Wtf is constellation?
The mix of them is the best
PoR works just fine, Qan Mainnet launch by EOY will convince you user
it's a fee-less dag
Miners are the one against this move. They won't be making money with the move. They might even move to Ethereum classic
You shouldn't pay much attention to consensus algorithms. Post quantum algorithm is also a very important aspect to consider
Truth of the matter is. PoS will bring institutions to ETH. They will find gas to remain expensive and move to Polygon. Another PoS network. easy peasy. greedy miners are seething lmao.
Fuck I am not ready to pay high electric bills or spend money on Riggs rather I will use my mobile phone to become validator once the POR concensus is live.
The miners can simply opt to use their mobile phones to mine in an ecofriendly blockchain. You mustn't waste environmental resources under the guise of mining
user 1600tps and predictable fee is dope and on hearing it I'm sold already.