Will Bitcoin switch to DPOS or is POW really dead?

Started by bitcoinerS, August 16, 2014, 11:18:17 AM

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luckybit

Quote from: bitcoinerS on August 16, 2014, 11:18:17 AM
Can you imagine a day when BitShares success forces POW based coins to adapt DPOS to stay competitive?
Do you think there may come a day when even Bitcoin itself dumps POW and goes DPOS?

Not all of them will. A lot of people have invested a lot of time and money into PoW. They are in pivotal positions on the chess board. They are going to milk PoW for all it has to offer and why shouldn't they? Not everyone cares about the best technology and many people are in it just to make the maximum profit from the ecosystem.

I would like to profit but I think if given a choice I would choose to profit from innovation rather than from political incumbency.
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santaclause102

Quote from: jabbajabba on August 16, 2014, 03:05:49 PM
Quote from: Troglodactyl on August 16, 2014, 03:03:41 PM
I think at this point Bitcoin would rather die, and so eventually it will, but most likely not for a good while.
exactly what i think too
What is your (jaba and troc) reasoning based on?

JA

Quote from: Troglodactyl on August 16, 2014, 03:03:41 PM
I think at this point Bitcoin would rather die, and so eventually it will, but most likely not for a good while.
exactly what i think too

cgafeng

BTC:1EYwcZ9cYVj6C9LMLafdcjK9wicVMDV376

Troglodactyl

I think at this point Bitcoin would rather die, and so eventually it will, but most likely not for a good while.

bitcoinerS

#1
Can you imagine a day when BitShares success forces POW based coins to adapt DPOS to stay competitive?
Do you think there may come a day when even Bitcoin itself dumps POW and goes DPOS?
>>> approve bitcoiners