Post
Topic
Board Bitcoin Discussion
Re: Is PoS what Bitcoin needs? Is Smart Contract ability what it needs?
by
Jet Cash
on 07/02/2016, 14:18:50 UTC
If miners set the price of Bitcoin, it would be over £1 million, It's the investors and consumers that create demand, and demand drives the price (supply modifies it of course). PoS would be good to underpin the value of the sidechains pegged to the Bitcoin Blockchain. As the main blockchain becomes increasingly cluttered, the consumer growth will lie in the sidechains.