Post
Topic
Board Altcoin Discussion
Merits 2 from 1 user
Re: PoW to PoS question
by
Tash
on 14/01/2020, 13:13:59 UTC
⭐ Merited by mindrust (2)
Is Proof of Work is going to lose popularity compared to Proof of Stake? Ethereum is going to PoS. Angry
Is there going to be a lot of hash (computational) power idle because of shifting to PoS?  Sad
Where that power be used then? Will it address such decentralized computing projects as Golem, Storj, Sia, etc?  Cheesy
Actually the other way round, Pos did have its heyday five, six years ago when literal every new coin was Pos.
Since then all just drooped, a proven fail, look at the sorry state the first Pos coin is in, Peercoin.
In Bitcoins case every 4 years the power needed is more or less cut in half as unprofitable power hungry miners will have to shut down, with supply halving.
Ethereum has serious issues like scaling to sort first and foremost, without it it cant move on.

What is the highest ranked pos coin right now?