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PoW can jump to another coin without writing off their investment (into hardware), PoS can't.
by lozenge 5y ago
PoW can jump to another coin without writing off their investment (into hardware), PoS can't.
- koolba 5y agoWith PoS it’s even more liquid as you can dump your tokens and buy them on a new network to stake their. Assuming the tokens are worth anything.
- mgraczyk 5y agoI don't know how decred works, but typically there are consensus level barriers to this to mitigate "nothing at stake" attacks. For example you may need to lock the tokens for weeks or months to use them as stake, and it may be impossible to trustlessly transfer ownership of locked tokens.
- deleted 5y ago[deleted]
- tracedddd 5y agoDecred has ASICs and there is nothing they can realistically jump to.