Quote from: Phat Buzz Tart on May 07, 2015, 06:42:19 AM

Quote from: Shindo1988 on May 07, 2015, 06:40:18 AM

Quote from: crazyivan on May 07, 2015, 04:25:00 AM

Hey there guys,

I see a lot of people and BTC devs talk about the size of BTC blockchain as one of the main issues to be solved in the future. What about adding PoS to BTC?

Since mining difficulty is going to go up more and more, only large miners with access to cheap electricity and a lot of capital will stay in the game.

With PoS, even small miners would be able to stay in the game and benefit from holding BTC. I agree, holding BTC does not help crypto adoption and does not bring new retailers but it might bring back profitability into the game which is one of the main reasons people would accept and invest into Bitcoin.

I m not talking about high PoS, something moderate 3% a year, max.

I ve personally invested into a lot of PoW and PoS coins, DMD Diamond is my favorite, and I would like to see BTC getting some shiny new traits as well. After all, in tech world, it is all about constant innovation.

Yes, Satoshi predicted that.
We will reach a equilibrium stage where mining will be handled by those who will stay - or something a long those lines.
Go through his posts for the actual message.

Yeah, the question is: Who will be the ones that stay?
The Rockefeller?
Rothschilds?

Are we going to centralize Bitcoin?

Just because people have more mining power doesn't exclude anyone. It may just mean they find their bitcoins sooner than others. Bitcoin is all-inclusive, without that, it doesn't work. Then it's just another exclusive club, y'know, what all y'all hate, a centralized banking system. LOL. I'll leave that to you genius techies to figure out.