Post
Topic
Board Altcoin Discussion
Re: What are the advantages of POS over POW consensus algorithm?
by
Camster
on 20/09/2018, 03:04:14 UTC
Greetings everyone. Please I will like to get a clearer picture from the gurus here. I was going through advantages of POS (Proof of Stake) over POW (Proof of Work) algorithms, and I learnt that for POS, only designated nodes validate the transaction, and not the entire network. Please I will like to know other major advantages of POS. Also how is POS connected to sharding?

POS can be done with a POS (piece of shit) desktop.  You can even mine with a PI to save energy and making staking almost free. 

POW you will need high powered GPU's or ASIC's to compete and it's much more of a setup and business to undertake.

I only hold POS coins and not POW.  POW is too intensive for me.