Ninjastic
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Board Development & Technical Discussion
Merits 12 from 3 users
Re: [Megathread] The long-known PoW vs. PoS debate
by
LegendaryK
on 28/02/2022, 07:37:47 UTC
⭐ Merited by The Pharmacist (6) ,Welsh (5) ,hugeblack (1)
One could enter this debate, but their is little reason.
If the person supporting PoS is winning the debate, then the mods lock the topic.
If the person supporting PoW is winning the debate, then the mods allow it and others point to it as proof.

The Truth is these random arguments no longer have any weight in the real world.

In the real world.
#1 on CMK: Bitcoin is the only PoW coin
#2 on CMK: Ethereum is switching to PoS.
#3, #4, #5: Are Tokens
#6 on CMK: Ripple is neither.
#7 on CMK :Cardano is already PoS.
#8 on CMK: Solana is a version of PoS
#9 on CMK: Tera Luna is a version of PoS
#10 on CMK: Token
#11 on CMK: Polkadot is a version of PoS

Of the top 11 coins
1 is PoW , 4 tokens, 1 custom XRP
The other 5 are PoS.

So no matter anyone's opinion here for or against, the marketplace has already chosen.
And their is an undeniable lean toward PoS or anything other than PoW.

Does Bitcoin have to move to PoS, absolutely not.
To be honest, bitcoin low number of coins makes it unsuitable to be a proof of stake coin.

PoW does have issues and something will have to be done at some point.
The current Bans and the future bans, because of the limits of the modern power grid to support the ever increasing energy requirements of the PoW miners.

Their will be no green energy solution fix to the above, as China one of the largest hydro energy producers was the 1st to have banned PoW mining.
Europe could ban PoW mining by 2025. 

Most other coins will switch to PoS, as ethereum is doing.
So they will avoid the bans.

Your only real concern , if you are dead set on wanting Bitcoin to be PoW and still be used.
Is what will you do when PoW mining is banned world wide?

Brainstorming answers for PoW real problem is what you should be focused on,
because the PoW verses PoS debate is dead.

Ethereum, Cardano, Algorand and all of the other PoS designs will continue regardless of what you do with PoW.

The final question coming is will the world government let your PoW survive, and that is what you need to worry about if you want PoW mining to continue.