Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SFR] SaffronCoin | Decentralized Market, Exchange, Email
by
Coin_Viking
on 23/08/2014, 02:22:19 UTC

I think POS's mentioned by donotneedtono is Point of Sale devices.
while PoS in the post of Coin_Viking is Proof of Stake.

Maybe I'm wrong but that was my take on the above posts, they're completely different.






Correct, same accronym, different things lol. Coin code baked into Firmware for point of sale devices is years away and would require substansial capital to effectivelly do as well as demand for these units etc. more and more devices are modular, mobile and all linked together, dedicated Point-of-sale devices may not be needed by the time general crypto acceptance is acheived. As per the wp, mobile intergration of Point of sale systems is preferable or low to zero friction options like coinsys visa cards. Unkess the dedicated point of sale systems/devices may occur for a basket of cryptos or all (created by an independant company) but for a singular coin, it wont work esp if bitcoin dosent even really have em.