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Merits 2 from 2 users
Re: The most iconic bitcointalk threads. History on Bitcointalk.
by
Chlotide
on 16/04/2020, 13:04:04 UTC
⭐ Merited by STT (1) ,snipie (1)
There are plenty of people around on this forum that are less well known and have made massive contributions to bitcoin and crypto in general.

Just a few of them.

As far as I know POS was also mentioned here first: https://bitcointalk.org/index.php?topic=27787.0
Might want to add it to the list :p


Saw you mention this thread somewhere else and thought to ask here as well so it would not get lost in the noise.

From what I can tell POS was presented first on bitcointalk

Exhibit A:

Quote
Proof of Stake (PoS) was first introduced in a paper by Sunny King and Scott Nadal in 2012 and intended to solve the problem of Bitcoin mining’s high energy consumption
link: https://cointelegraph.com/news/the-history-and-evolution-of-proof-of-stake

Exhibit B:

I've got an idea, and I'm wondering if it's been discussed/ripped apart here yet:

I'm wondering if as bitcoins become more widely distributed, whether a transition from a proof of work based system to a proof of stake one might happen.  What I mean by proof of stake is that instead of your "vote" on the accepted transaction history being weighted by the share of computing resources you bring to the network, it's weighted by the number of bitcoins you can prove you own, using your private keys.

If this is the case this QuantumMechanic guy should definitely be added on the list of "Notable people" imo, even tho this one one of his last posts here...