Post
Topic
Board Economics
Re: The Power of Crypto Compounding with Proof-of-Stake
by
rose9696
on 10/02/2019, 13:51:31 UTC
Hey guy's what do you think about this article: https://medium.com/@PosBakerz/the-power-of-crypto-compounding-with-proof-of-stake-ce82b04317ca



Don't you worry that PoS will overtake PoW?
I think this is just a war between rich people. I have read ETH's PoS article briefly, the minimum bet amount is 125 ETH, and this is a game not for the poor.
Pos is really a new solution for the world to reduce electricity consumption. PoS is really effective and it will soon cause PoW to be forgotten because of its utility.
The nodes are bet a lot of money will solve and pack blocks faster and interest rates will also be very stable. It is very suitable for the holders.