Post
Topic
Board Development & Technical Discussion
Re: Proof of Stake Bitcoin?
by
monsterer2
on 28/07/2017, 07:07:07 UTC
DO you guys ever think that bitcoin will do proof of stake? Just wanted to get some peoples insights on this.

No, because PoS doesn't work as a decentralised consensus. Every single PoS coin is a private club, with trusted owners, much like Visa the company is. When you invest in a PoS coin you are being tricked into thinking you're investing in the future, when actually you're investing something that can never work as designed.

Read this for more details:

https://bitcointalk.org/index.php?topic=1382241.0

Cheers, Paul.