Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ready to migrate from PoW to PoS?
by
pixie85
on 20/08/2020, 21:45:11 UTC
There's no reason to do it. PoS is less secure.

The only advantages of using it would be power consumption but that's pushed by the green enthusiasts who don't understand that the power used to mine Bitcoin would be produced and sold anyway. If we stopped mining all around the world the power plants would not start to shut down because of no demand.

With PoS Bitcoin would lose an important feature and with it a lot of value.