Post
Topic
Board Tokens (Altcoins)
Re: [ANN] æternity blockchain ∞ AE TOKEN ∞ [PoW & PoS | Oracles | Smart Contracts]
by
Elorpar
on 28/01/2018, 07:15:45 UTC
My main question is: Why Cuckoo PoW instead of PoS? Ok it is a new type of PoW but... in any case PoS is better! You do not have to waste any hardware for getting coins!! It is true that PoS has some points to improve, but Cuckoo PoW is also experimental... so I do not get the point. In my opinion PoW is old and was chosen when Aeternity designed the ICO... the new projects are all born with PoS. The old projects that are able to migrate (such Ethereum) are also trying to migrate to PoS. So, in my opinion, the basis of Aeternity is not innovative by beginning, so the project is destined to fail cause does not offer new relevant features (as I posted in my first post). If somebody can refute this argue to me, I can reconsider my opinion about AE.