POS with coins put into the hands of people who know how to use them
I love steak but proof-of-stake makes for a better algo
Yeah like Nxt which is now run by one dictator who believes in pruning the historic data.
Guess you didn't read
the gory details.
Edit: and Bitshares:
I like Bitshares; it's very innovative, the community is intelligent and friendly... but DPOS itself is a failure - majority control of the network lies under one or two accounts, which are exchange wallet accounts. If these accounts decided they wanted to, they could shut the entire network down. This is not decentralisation.
Yet the Larimars always propose more of the same ill-conceived design philosophies. It appears to be an engrained ideological and philosophical quirk that will be present in any "innovation" they do.
Note CoinHoarder is on my Ignore so I am not wasting more of my time rebutting his nonsense. Past history of our interactions will serve as sufficient evidence of whom is correct.
Proof of work is totally ridiculous today! Electric power is wasted and we already have solution -POS.
Maybe is not real solution but it is green! We need something new, more useful, constant progress is future .
There is a solution for PoW that uses very little electricity and secures the coin decentralized.
You may not realized how broken Bitcoin is:
https://bitcointalk.org/index.php?topic=1361602.msg13913069#msg13913069https://bitcointalk.org/index.php?topic=1361602.msg13918857#msg13918857