Three reasons why PoS is not the future:

Three reasons why PoS is not the future:
1. It favors the rich. The percentage for the rich is higher at the beginning and grows each time they stake successfully. This decreases decentralization.
2. It is not backed by electricity. Even if only a few people stake the network would still exist, but the electricity to profit ratio decreases the more coins one has. This also favours inflation if there is no coin limit.
3. It favors hodling. If you can get gradually more coins via interest there is no reason for someone to trade in the mean time. This slows down the economy of the coin.

In addition to PoW:
1. It also favors the rich and powerful pools centralize the network.
2. It is backed by electricity though. The more profitable the more will mine and the network difficulty will balance it out.
3. It doesn't favor hodling. Only high fees would slow down the network.

Thanks just bought 100k

Whoever is not buying BZC right now is wasting money.

>t. major pajeet

>it's backed by electricity

PoS with sharding should be the future if they can ever figure out how to do it

No, its a scheme for the rich to just get richer, it would never work, it means they will just hold and laugh at everyone else.

they did figure it out

zilliqa

damn who is she

>pooskin
>blue eyes
Dropped

Narrow hips, wide shoulders.
Yeah, that is an airbrushed man

>1. It favors the rich. The percentage for the rich is higher at the beginning and grows each time they stake successfully. This decreases decentralization.

so does mining faggot, and since the richer you are, the more mining equipment you have, the faster you get richer... faggot

>2. It is not backed by electricity. Even if only a few people stake the network would still exist, but the electricity to profit ratio decreases the more coins one has. This also favours inflation if there is no coin limit.

this is just too stupid faggot. "if there is no coin limit"... great stupid caveat, what POS coins have no limit faggot
>3. It favors hodling. If you can get gradually more coins via interest there is no reason for someone to trade in the mean time. This slows down the economy of the coin.

if holders never sell, then how are they getting richer faggot?

you best be trolling

thanks a perfect female
who is she?

guys who is the gorgeous feminine lady

> so does mining faggot, and since the richer you are, the more mining equipment you have, the faster you get richer... faggot

This user speaks the truth. There was an article a while back about how much it costs to get into mining (in Bitcoin). People think PoW = anyone can do it, but it's not true. The coins you need to stake are often almost the same price as the fancy mining rigs you need to be competitive

if you people would have read my second comment you could have saved a lot of time

ITT:
Holy fuck how can it be physically possible to be this much of a newfag?

Ugh such a prime example of female beauty. She needs to be the face of VEN!

Such a perfect user, I love your dubs.

low quality bait