Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Is Having Its Moment But There Are Better Sustainable Currencies
by
gmaxwell
on 09/07/2014, 16:20:11 UTC
Proof of State coin is not a decentralized currency.
This sentence is wrong in so many ways.
It's insufficiently specific, but existing examples which require developer controlled block signing or closed source software don't really pass a sanity check as decentralized tools— though they're often marketed as such.

You may find this enlightening: https://download.wpsoftware.net/bitcoin/pos.pdf