Post
Topic
Board Development & Technical Discussion
Merits 23 from 4 users
Re: [Megathread] The long-known PoW vs. PoS debate
by
n0nce
on 15/03/2022, 11:17:16 UTC
⭐ Merited by Welsh (8) ,vjudeu (6) ,BlackHatCoiner (6) ,pooya87 (3)
Only BTC & LTC are refusing to evolve , so take that into consideration during your trading.
Amongst other reasons, one of the issues any other cryptocurrency has is that they have known founders and developers, where governments can put pressure. They are at much higher risk, because faces are known. Furthermore, for example in the case of Ethereum, the main motivation for the switch is not the environment or some government bill, but rather the fact that Vitalik and his friends hold a large part of the coins and with PoS that will grant them full control over the network.
Doesn't sound that advanced to me.