Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
by
smoothdoger
on 03/10/2014, 17:51:10 UTC
Those advocating the end of PoW are just not smart enough to understand what PoW does and how it is helpful.

Camo, POW is brilliant. It was a genius way to secure the bitcoin network. I'm not 100% certain we don't need it, but I can't seem to find anyone who can tell me why masternodes can't do the job even better. You have very clearly explained that you think POW is important. I agree. Now explain why, from a technical stand point, it is necessary at all for DRK if the masternodes can complete the same task even better.

because it is not any better for the MN to totally control coin production, even a Proof of stake system is better than that, its cheaper to run than a MN and everyone who has coins can contribute not just those with 1000+ coins.
We all know POS coins are garbage but yet its still a better cheaper system than what you suggest

pow is not perfect and supporting it with MN's is the "perfect solution"