Post
Topic
Board Altcoin Discussion
Re: PoS is far inferior to PoW - why are so many people advocating switching to PoS
by
BombaUcigasa
on 07/11/2014, 21:22:57 UTC
This is not possible with bitcoin. Last year there was a hard fork caused by different bitcoin-core versions.

The developers and mining pools as well as the users (exchanges and payment providers) were working together to allow a hard fork against the orphaned chain.

At no point could one of the entities take complete control over the blockchain by themselves and they had to agree to switch lanes together by majority vote.