Post
Topic
Board Altcoin Discussion
Re: Cleanup: I'll attack some coins
by
cynicSOB
on 19/12/2014, 18:45:37 UTC

The idea for PPC-like POS coins is to make a parallel chain. Eventually you'll succeed in winning against the main chain.

Ok, so you're going to buy a loads of coins and then
grow a chain of your own. And once coin operators get a whiff of what you're doing,
they will resort to automated checkpoints and eliminate your fork.

I'm sure it's a nice hobby though.

if checkpoint frequency if faster than standard confirmation times then you don't have POS based consensus, you have centralized bs!