Post
Topic
Board Bitcoin Discussion
Re: changing Bitcoin mining algorithm to non-PoW after block 630,000
by
bf4btc
on 12/10/2014, 11:10:11 UTC
If you use PoS or DPoS to mine your scamcoin then you will not need to spend any resources to mine. If you are not spending any resources to mine then it would not cost any resources to attack the network. If it does not cost anything to attack the network then the network is not secure. If the network is not secure then people will have no reason to own or accept the coin for payment, and thus the coin would have no value