You are viewing a single comment's thread from:RE: Bitcoin United (BTC-U) offers 3 second Confirmations and Massive ThroughputView the full contextView the direct parentstan (71)in #bitcoin • 7 years ago Indeed. What IS Bitcoin? An algorithm or a token?
Neither. Its a network of hardware that spans the globe that is mainly a distributed database (ledger).
Consider the concept that a decentralized public currency should be platform independent and controlled by its owners.
PoS doesn't work. The only thing that makes cryptocoins work is PoW.