Question for Cryptotards | |
Anonymous Coward User ID: 75658765 United States 10/29/2017 07:43 PM Report Abusive Post Report Copyright Violation | Future is huge for staking coins to get dividens for processing transactions as volume increases. Staked coins do not impact liquidity as the bulk of low value transactions occur on smaller parts of coins as the coin value increases, there is plenty of room with accounting millionths for anyone to buy in. Transaction speed and transactions per block are much more of a problem at scale. POS is ideally less centralized than POW mining as the hardware requirement is minimal, running nodes on phones for instance. More nodes increases security and speed. |
Anonymous Coward (OP) User ID: 74163527 Sweden 10/29/2017 09:47 PM Report Abusive Post Report Copyright Violation | Future is huge for staking coins to get dividens for processing transactions as volume increases. Quoting: Anonymous Coward 75658765 Staked coins do not impact liquidity as the bulk of low value transactions occur on smaller parts of coins as the coin value increases, there is plenty of room with accounting millionths for anyone to buy in. Transaction speed and transactions per block are much more of a problem at scale. POS is ideally less centralized than POW mining as the hardware requirement is minimal, running nodes on phones for instance. More nodes increases security and speed. Thank you for your answer. Sounds like POS will be the future standard. |