Post
Topic
Board Bitcoin Discussion
Re: It's about time to turn off PoW mining
by
CIYAM
on 08/09/2014, 14:22:21 UTC
That does not make any sense to me either. Why current bitcoin holders will get any advantage in PoS distribution ? Moreover, a lot of non-tech people keep coins in exchange/wallet for which they dont hold the pvt key. PoS, in any form, is nothing but a pure BS.

As you see the "initial distribution problem" is not something trivially solved (it is the Achilles heel of PoS IMO).