Post
Topic
Board Bitcoin Discussion
Re: Long-term sustainability of Bitcoin
by
kodtycoon
on 14/07/2014, 22:40:34 UTC
Watched the video. The video is not about the long term stability of bitcoin, it is actually an ad for peercoin. But it is very infomative, some points are a bit shaky, and I learnt a bit more about PoS. Enjoyed the video, but still not interested in peercoin.
peercoin uses a flawed method of PoS and still uses checkpoints.
PoS should really mean piece of shit as opposed to proof of stake as it means now. That is what PoS coins and PoS both are.
you obviously don't know one single thing about proof of stake. Care to explain this in technical terms.  care to explain the difference between PoS in peer and nxt?