Post
Topic
Board Bitcoin Discussion
Re: POW vs POS?
by
inBitweTrust
on 05/10/2014, 13:25:41 UTC
PoW coins are slowing going out of fashion it seems.

All the new coins are PoS based and some are doing quite well.

This naturally makes sense, PoW alts can't properly secure themselves anymore because of either Scrypt Asics, botnets, or simply not having the hashing power of Bitcoin. I expect many PoW alts to start failing and continue decreasing in market share because of this. Look how litecoin just recently lost number 2 in market cap -- http://coinmarketcap.com/

The exception to this are coins that depend upon the security of bitcoin blockchain like coloredcoins , counter-party, mastercoin, and namecoin.