Post
Topic
Board Altcoin Discussion
Re: Changes to the Alogrithm Prohibited or disputed?
by
cryptogeeknext
on 26/11/2014, 11:09:00 UTC
PoW allows competition for control to stay an open game for as long as innovation happens (indefinitely).

PoS would eventually concentrate control to a group of major stakeholders and then no amount of innovation will be able to change that. If it's not immediate, then it's the end game of this model.

If you want Bitcoin to bring change, stop thinking profit, think control, think long term.