DO you guys ever think that bitcoin will do proof of stake? Just wanted to get some peoples insights on this.
No.
Unless there was an update through Bitcoins final development there wouldnt be any PoS implemented into Bitcoin because theres already altcoins that feature that concept. There wouldnt be any point for Bitcoin to get a PoS coded into it because Bitcoin is already capped at 21 million coins.
Plus, if there was a PoS code placed into Bitcoin then the transactions within Bitcoins Blockchain would be cluttered because there isnt that many miners that can keep up with the competitive mining difficulty that Bitcoin has.
If you are spending 0.0001 Bitcoin for transactions you would have to spend much more to get your transactions confirmed.
its not possible to put POS for decentralized system,and i believe
lots of users will disagree about this matter,same as the fees upon transaction
will get higher.so for me this will only be effective if the bitcoin community will
allow this that i surely know they wont.