Post
Topic
Board Bitcoin Discussion
Re: It's about time to turn off PoW mining
by
xeroc
on 05/09/2014, 16:40:09 UTC
Btw, you can hold BTC in Bitshares  Grin
LOL

yhea .. but you cannot just switch of mining in bitcoin.
1) the people heavily invested in miners
2) you need a very well tested alternative blockchain security scheme
3) you need to switch over all merchants, exchanges and users AT ONCE with an hardfork

I am not so sure if the bitcoin community is up to that radical change!