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Nobody has been able to come up with an equivalent alternative. The closest seems to be proof-of-stake instead of bitcoin's proof-of-work, but the security beco
by madacol 6y ago
Nobody has been able to come up with an equivalent alternative. The closest seems to be proof-of-stake instead of bitcoin's proof-of-work, but the security becomes weaker (which is basically the whole purpose of bitcoin), see https://bitcoin.stackexchange.com/questions/70807/how-does-proof-of-stake-prevents-dishonest-behaviour-compared-to-pow https://bitcoin.stackexchange.com/questions/70807/how-does-p...
Is PoS strong enough to still be 99% as useful?, I don't know, these are all experiments
- Closi 6y agoWell it depends on what you are looking to achieve. If you are looking for it to be a currency, traditional currency seems to perform better. If you are looking to invest in some speculative instrument on the basis that the value is going up then Bitcoin and poppies seem to be good ideas.