Post
Topic
Board Project Development
Re: Wanted Add Pos to template Android wallet
by
foodies123
on 09/07/2014, 00:24:50 UTC
spv don't play with pos thus there is no security against malitious nodes thus timebomb.

What is spv?  PoS is 'point of sale', right?

spv is a verification process that only requires block headers to be verified and not the whole chain downloaded because it's too big for phones. pos is proof of stake I presumed.

Aha, thanks, yes, I understand now.  By "template" he's talking about the fact that the schildbach wallet is open-source/GPL so you can start with that as a starting point.  Now I understand why he's talking about scrypt coins.  This makes more sense than  point-of-sale system... lol

It's natural that you haven't made a correlation since POS is inherently flawed and shouldn't be used at all until it's heavily patched against all the problems it has thus no serious crypto enthusiast should put much thought into it as of now.