Ninjastic
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Post
Topic
Board Bitcoin Discussion
Re: Proof-of-stake is more decentralized, efficient and secure than PoW- white paper
by
Come-from-Beyond
on 05/04/2015, 19:20:32 UTC
Quote from: traderman on April 05, 2015, 07:14:08 PM
This is why Gridcoin was made, a POS hybrid that determines the block reward based on Boinc science work. http://btcfeed.net/news/gridcoin-cryptocurrency-scientific-distributed-computing/

http://wiki.gridcoin.us/Proof-of-Research

Quote from: Totaldice on April 03, 2015, 09:30:57 PM
I'm not a big fan of Proof of stake because it just makes the richest even richer, not a ton of room for competition.

Has Gridcoin solved the issue with the exploit that allowed to generate reward without doing actual work?