Post
Topic
Board Altcoin Discussion
Re: Proof of stake instead of proof of work
by
jubalix
on 11/06/2014, 01:27:20 UTC
POS has its own very serious problem:

Someone with a stake can spend it to mine any number of forks simultaneously.


so this is just merged mining, eg with IXC and others in BTC. No problem here.


Quote
In contrast POW can only be created on alternatives if computing capacity is split between them. This forces convergence while POS does not.

no merged mining does this without extra hash. The hash for BTC will always work for a lower difficulty.