>PoS still wins on scalability, not to mention cost >with PoS buying enough may be simply impossible it is easier to buy off enough supply in PoS than it is to adquire the hashpower required in PoW, especially during this bear market when everything is cheap. Besides the fact that it is better having some real world resource (ie electricity) backing/tied to your crypto, it raises confidence in investors. >a bloated core protocol is not an advantage, it makes changes and competition harder. the AE team has thought all this stuff, and they have tailored the chain so as to be easy to make relevant changes, which are voted upon by the community with dPoS. The core is far from bloated, Erlang is a language designed for massive networks which require 24/7 uptime, and the devs are very competent. >as you only have to pay the energy cost for a gpu PoW. There will be cellphones, gpu and eventually asics mining AE. The Cuckoo cycle algo makes it so that there isnt as extreme disadvantage for mining with mobile phone vs asic, as opposed to for example gpu vs asic with eth now. >A bored billionaire recently acquired ~5% of bitcoin's hash power, thus proving that PoW is insecure against any sufficiently rich attacker. that same billonaire would absolutely rek any PoS chain with the same or less amount invested.
Read this stuff, the ae team's been on this space for a long time they know their shit. The founder was friends with Vitalik, maybe he still is i dont know.
and eth doesn't? nobody even knows how many full validating nodes ETH has but I would guess it's under 100 and shrinking
Aiden Lewis
Arab Emirates. Miners love getting shat on by rich oil magnates
Wyatt Ortiz
HAHAHA this faggot ( ) knows nothing about ecnomics
Hudson Butler
t. tezos bagholder. Enjoy your plebbitor fuckfest
Daniel Nguyen
>it is easier to buy off enough supply in PoS than it is to adquire the hashpower required in PoW absolute bullshit, there's no 52M eth for sale and trying to buy it would pump the market cap into multiple trillions. For PoW with asics it's only a matter of buying/producing enough asics, at worst it's a fixed cost of producing own asics (~$50M + cost per chip). >The core is far from bloated It by definition is, as bloat is anything that's not necessary. State channels work perfectly as smart contracts on the blockchain. >Erlang is a language designed for massive networks which require 24/7 uptime Completely irrelevant point >The Cuckoo cycle algo makes it so that there isnt as extreme disadvantage for mining with mobile phone vs asic, as opposed to for example gpu vs asic with eth now. That's a disadvantage, because asics lose value after the network is destroyed. If gpus or even cpus can mine efficiently it's much easier to rent them. Even if there's not enough to rent, after a successful attack they can be sold with a very small loss. There are 12088 full nodes ethernodes.org/network/1 ethereum network is more decentralized than bitcoin's arxiv.org/abs/1801.03998
All claims about ethereum blockchain being impossible to verify are lies from the bitcoin camp. Download parity, even on old pc you should finish in three days, on a modern one even in one. Ssd needed.
Aiden Ortiz
alright then, enjoy your eth backed by absolutely nothing. There's is a reason why Satoshi implemented PoW and not PoS. By the time eth goes PoS it will be a dead coin anyway
Hudson Long
PoS requires preexisting value, which was impossible for bitcoin. Bitcoin is not backed by anything, mining is a cost. It wastes billions every year and can't compete with PoS. Imagine if these billions went instead into market demand. The only question is whether ethereum manages to get PoS fast enough before some other PoS coin becomes adopted.
Jack Reyes
Why can't ETH keep PoW, but use the mint() function for token generation?
Jacob Nelson
good to see at least a few people know what they are talking about and aren't just blindly shilling their shitcoins.
