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Proof of Stake currencies do not require more power than a desktop PC or reasonably sized cloud server to run a node. Cosmos (https://cosmos.network/ https://co
by seibelj 8y ago
Proof of Stake currencies do not require more power than a desktop PC or reasonably sized cloud server to run a node. Cosmos (https://cosmos.network/ https://cosmos.network/) is one such currency, and Ethereum is moving to a PoS system.
- wyldfire 8y agoProof of Stake is a great idea, Nano is one that does DPoS. But the downside is that it doesn't provide an equitable distribution. IMO a rare or periodic PoW 'burst' might be a good compromise there.
- DennisP 8y agoSeems to me it's at least as equitable as PoW. With either one, you get returns in linear proportion to the resources you commit. To the extent that miners have economies of scale, PoS actually does better.
- gcb0 8y agobut it distills nicely to a dichotomy of two terms that can easily be discussed on forums by "investors" who do not understand the first thing about the underlying tech they are buying into. So you will hear about it for a while, as being the ultimate game changer no less.