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> Crypto currencies are worthless unless they have an enormous amount of hashing power behind them. I think this is only true if you assume that crypto-curren
by verbatim 8y ago
> Crypto currencies are worthless unless they have an enormous amount of hashing power behind them.
I think this is only true if you assume that crypto-currencies must be based on proof-of-work algorithms.
What about proof of stake systems?
- Arbalest 8y agoSomeone has already asked that, and the response was, such systems are still theoretical without a working proof of concept.