Post
Topic
Board Altcoin Discussion
Re: PoW to PoS question
by
seoincorporation
on 15/01/2020, 13:54:30 UTC
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

1.- I don't think PoW will lose popularity, but in the long term, people will choose PoS because it is more friendly with the environment.

2.- In theory hash power should go down, because since PoS doesn't need the robust miners we use nowadays, then that's why the hash should go down.

3.- Miners who was used for ETH could easily be used to mine another coin.