Quote from: Wind_FURY on September 27, 2019, 07:55:16 AM

Quote from: Ucy on September 27, 2019, 07:11:37 AM

Quote from: pishite on September 23, 2019, 04:29:17 AM

Seeing that bitcoin has long been impossible to mine on a regular computer began to ponder the question of why the development team does not seek to switch to another algorithm to stop the mining of coins by large corporations and return to the canons that bequeathed Satoshi. It may be worth switching to the pos algorithm, you will not need to spend a huge amount of electricity and investors will be able to receive passive income for storing coins. There will also be no need to be afraid of the quantum computer. Interested in everyone's opinion.

Switching to proof of stake is not a good idea in my opinion. It's such an easy way to earn mining reward and will likely be unsustainable in the long-run.. Another problem people hardly talk about concerning PoS is the issue of privacy. Staker would need lots of coins, right? And many will likely give out the private information before purchasing lots of coins. What if you are required in the future to reveal what the coin is meant for. There are other disadvantages of proof of stake that are usually ignored.

It doesn't need to be "our opinion". Bitcoin switching to Proof of Stake is out of the question, and the mere mention of it is already laughable.

The first real Proof of Stake experiment we will see will be with Ethereum and I say real as it isn't a random shitcoins and it has volume and mainstream interest. I really want to see if there will be any mainstream interest in owning nodes.