Post
Topic
Board Speculation
Re: The only reason Bitcoin is more valuable then other altcoins
by
NapoleonBonaparte
on 16/08/2014, 03:06:30 UTC
PoS has been proven to be quite secure by now. The only reason Bitcoin doesn't change, is because miners would not agree since it would make their hundred of millions of dollars worth of equipment obsolete.

Doesn't PoS just make the rich richer?

It make insider and early investor richer. PoS coin also subjected to central authority which can force transaction to reverse.