Post
Topic
Board Announcements (Altcoins)
Re: [MOON] Mooncoin 🌙 built in 2013 with the future in mind
by
Abiky
on 16/10/2021, 01:50:48 UTC
There are not too many classic Proof of Work coins in the crypto world.
Mooncoin is one of them.
99 percent of coins are tokens and pos.

You're right about that. Not many coins are PoW nowadays. The market is full of shitcoins and tokens based on PoS. If this keeps up, the industry might become heavily-centralized. It goes against the principles of crypto/Blockchain tech. Consider how Bitcoin hasn't switched to a new consensus algorithm, despite many people criticizing its "high-energy" consumption. The energy "wasted" is being put to good use as it makes the network much more decentralized and censorship-resistant.  I'm glad Mooncoin is still a PoW coin, or it would've been a goner.  Hopefully, a country like El Salvador would open up to Mooncoin as PoW-based cryptocurrencies become extremely rare in the future.  Smiley