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Bitcoin Discussion
Re: Proof of stake mining of bicoin
by
inBitweTrust
on
27/12/2014, 08:58:22 UTC
Quote from: Come-from-Beyond on December 27, 2014, 08:51:29 AM
Quote from: inBitweTrust on December 27, 2014, 08:37:08 AM
Great. I would like to hear some of your opinions on what aspects PoW maintains that are superior to PoS, if any.
Unlike PoW, PoS can't use Simple Payment Verification method. This is where PoW is superior. (
http://bitcoin.stackexchange.com/questions/29476/what-are-some-of-the-pitfalls-of-a-100-proof-of-stake-currency-pos-like-nxt/
)
One good point.
I believe there are multiple weaknesses within PoW.
Do you believe there is any security advantages intrinsic within PoW, which PoS lacks? (whether or not PoS is superior to PoW overall is another question)