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There are a lot of cryptocurrencies that don't need mining.
by mavdi 9y ago
There are a lot of cryptocurrencies that don't need mining.
- lawlessone 9y agocould you elaborate? the only one i know of is IOTA , and it has many severe issues.
- mavdi 9y agoThere are a lot of pre-mined coins such as Ripple (XRP) and some are going to move to PoS (Proof of Stake) model instead of PoW (Proof of work, basically mining). Ethereum being one. There are also plenty of PoS coins out there, although not yet commonly used, but people are aware of the problem and working to fix it.