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I don't think this is even a problem. Most of these so-called "sh!tcoins" have no business existing at all. This just shows how risky they are to hold and peopl
by snarf21 7y ago
I don't think this is even a problem. Most of these so-called "sh!tcoins" have no business existing at all. This just shows how risky they are to hold and people should move on.
I know people love proof of stake as a "solution" but you give up decentralization for "security". If that is what you want, use a bank.
- Erlich_Bachman 7y agoThis is really the best way of looking at it. We are discussing these problems and how to solve them, but they aren't even problems of cryptocurrencies in general, they are only problems of these shitty forks that have added nothing to the field, that exist only because use managed to bamboozle a small number of poorly educated users into thinking that they offer some real value...
- robcohen 7y agoMost of the coins do not have merit, but there are PoS coins that are legit. PoS will likely result in more decentralization, not less. Cardano is aiming for 1000 stakepools, which is far more than the 5 or so pools that exist in bitcoin right now.
- root_axis 7y agoThey have just as much intrinsic merit as bitcoin, just less popular.