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RE: Proof of Work vs Proof of Stake - Vulnerability to 51% attack

in #bitcoin3 years ago

While PoS is hacked with printed fiat, I agree with taskmaster that open source + PoS is a safe place for communities and Hive is the best example I have.
Thank you @apshamilton for this fantastic post!

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Absolutely, dPoS is perfect for a blockchain like Hive.

But you need the PoW security of BTC as a shield of the cryptocosm.

Agreed, this is currently the best solution. But maybe in the future you can have proof of being, like a biological private key, and this will truely democratize the economy on a global scale. I know its sci-fi now but who knows ;)