Post
Topic
Board Bitcoin Discussion
Re: The welfare costs of Bitcoin
by
stompix
on 13/11/2019, 09:53:37 UTC
Bitcoin issues that will never be solved using PoW
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Transaction fees will increase or the network will collapse
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Why would the fee decrease if we change to PoS?
Do blocks get bigger or the time between decrease with PoS and the same can't be done with PoW?

The only real issue was not a PoS issue , but the fact most PoS coins have too high an inflation rate.
Some PoW coins like mooncoin and newyork coin also had too high inflation rates.
Which coins like ZEIT has solved by moving to an ultra low inflation rate of .0005% yearly and a burning of transaction fees.

Quite the collection of coins you have there...
Only successful coins it seems.
Actually, can you name a coin that is using PoS and is not one hell of a shitcoin?


Pos is supported just by the ones that are angry they are not able to get coins just by holding some coins, this is why so many are rushing to buy master nodes, people are hunting for $ without investment or work.
F the environment, no PoS fanatic gives a damn about it, it's just used as a propaganda tool.
If you care that much about the environment there are thousands of ways to do something about it, far more effective than switching a coin from PoW so PoS. Besides, why are you so passionate about it, you're already convinced bitcoin is going to fail, so?