Quote from: seriousirony on June 06, 2018, 08:41:11 PM

Quote from: heartthew on June 06, 2018, 11:10:27 AM

Now fewer and fewer coins are using the PoW protocol, I think it's justified, because mining is no longer popular and new coins do not need to be mined..
PoS is even better as i think.

PoS if often an opposite of decentralisation and a scheme to suck money out of ppl (masternodes...). It's easy to get a coin going with PoS, no need to secure the hash power to make network actually work - just some shilled masternodes and it's all set. There's nothing inherently better in PoS than PoW. Seen any coin better than BTC? It's PoW Grin

We are at the beginning of a lot of experimentation with decentralized protocols and POS is part of that. Calling it the way you called it doesn't make sense yet.