Post
Topic
Board Bitcoin Discussion
Re: Why BTC POW is technically moving towards an dead end
by
BlackHatCoiner
on 24/02/2022, 19:28:14 UTC
The difference I was trying (and failed miserably at it) to point out is that unlike POS in order to get more votes you don't have to make the other guys rich by doing so nor do you have to force them to give you a share of it in a redistribution of wealth.
Oh, it indeed failed, yeah. BTW, thanks for mentioning the former, I hadn't think of it.

I am starting to think the only people who are really pushing POS are people who either don't want to deal with mining or really just want to pump their shitcoin / token for some reason.
99% of the crypto-market is a pump-scum situation with no essential contribution, truth be told. However, I'll have to disagree that these two are the only categories of people who promote PoS. There's a third: Those who haven't understood the weaknesses.

It's attractive to solve the double-spending without real-world waste, isn't it?