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English => News => Topic started by: Redaktion on December 10, 2021, 21:16:50

Title: Ripple co-founder proposes migration from proof-of-work to proof-of-stake consensus for Bitcoin
Post by: Redaktion on December 10, 2021, 21:16:50
It is highly likely that such a proposal will be met with great opposition from the Bitcoin mining community, as this would effectively shave off important revenue growth from the big mining firms that have been recently listed on the big stock exchanges. Additionally, the proof-of-stake consensus is not as secure as the proof-of-work one, and miners are open to using green energy sources.

https://www.notebookcheck.net/Ripple-co-founder-proposes-migration-from-proof-of-work-to-proof-of-stake-consensus-for-Bitcoin.584238.0.html
Title: Re: Ripple co-founder proposes migration from proof-of-work to proof-of-stake consensus for Bitcoin
Post by: Gub on December 11, 2021, 02:14:54
How about proof-of-value?
Title: Re: Ripple co-founder proposes migration from proof-of-work to proof-of-stake consensus for Bitcoin
Post by: Lucas on December 11, 2021, 18:10:57
@Gub

Imaginary value does not count
Title: Re: Ripple co-founder proposes migration from proof-of-work to proof-of-stake consensus for Bitcoin
Post by: Fadi on December 12, 2021, 13:48:13
Proof-of-waste model would work well.