Post
Topic
Board Bitcoin Discussion
Re: Proof of stake mining of bicoin
by
Come-from-Beyond
on 27/12/2014, 07:29:38 UTC
And POS coin is against the nature of decentralized system: It is fixed by a small group of stake holders while the others can never change the system even if the time comes. The POW coins instead will change when the majority of hash power decided that a change is necessary

Controlled hashpower ~ available money. This lead to the conclusion that there is no difference between PoW and PoS except the fact that PoW needs a lot of electricity.