Quote from: avikz on December 23, 2021, 02:08:02 PM

Quote from: Oshosondy on December 23, 2021, 09:13:32 AM

Quote from: avikz on December 23, 2021, 07:18:13 AM

It all depends on the algorithm itself. If the developer of a coin wants to implement POS algorithm, you will be able to stake. For example, ETH is now a POW coin so you can mine it. But in 2022 (hopefully) they will be moving to POS mechanism, so you will be able to stake the coin and won't be able to mine it using your computing power.

What many people were hopeful about ethereum 2.0 was that people will be able to stake ethereum and also pay low transaction fee, but now still getting longer and ethereum fee is very high like nothing has been changed. Let us hope ethereum will finally move to PoS by 2022, but just that PoW is far better than PoS as the equipment used for mining are bought and help the companies producing the equipments to also gain unlike PoS that only deals with staking, also that electricity companies are also paid to produce more electricity, PoW helps in the progrey of these companies.

But that high electricity consumption from POW mining has become a weapon for the environmentalists. Whenever the bad side of POW is discussed, electricity consumption and increase carbon emissions remains the top concerns amongst others. So I personally think that POS is far better than POW.

This issue can’t be just a matter of opinion. The truth is far from your “opinion”, ser. Because you believe that POS “is better” than POW will not make it so. With all due respect, do your research before posting foolish things in the forum.