Post
Topic
Board Altcoin Discussion
Re: Is PoS dead?
by
blade87
on 28/06/2014, 16:51:39 UTC
never bought a pos coin, and never will, its only made to make 1% ppl rich

There are other PoS coins other than NXT. BlackCoin has a similar distribution to the top PoW coins, being the first to venture into a PoW followed by full PoS switch. Of course, everything else that came after it has far worse distribution as by then everyone was trying to mine those types of coins. PoS is the way to go, if you can get distribution similar to PoW. BlackCoin got lucky in that regard because nobody knew it was going to become a top 10 coin at the time. Now we have a PoS coin with ok distribution that is forever ASIC resistant. That is certainly worth something as it will never have to deal with the issue that LTC is having right now, and X11 based coins will have within a year, and etc.