Ethereum is about to abandon POW and move to POS.
I've personally thought it was DPOS>POS>POW, but...The market seems to recognize it as POS>POW>DPOS.
Typical DPOS systems are STEEM, EOS, and TRX. Despite its well-organized performance and community, the market's assessment is stark....It's a situation.
Especially as Steam went through the Hive crisis...We have proved ourselves how vulnerable DPOS is.
Love to know it. Thank you
Good informative post.
Thanks for sharing.
@kopasi Thanks for updating us on this.
I totally concur with your suggestion because, the POS system on blurt will assert that a person can mine or validate block transactions based on how many Blurt they possess.
POS seens to be more friendly and also a more safer option.
This is an interesting idea, I am not sure how it would work as the highest stakeholders would likely find most the blocks,
I would be interested in hearing how this might work as right now witnesses decide on the fork and the blocks are found by them
What are the advantages of POS vs DPOS?
Being optimistic, we could think that Blurt takes on POS, although this would imply a Hardfork.
Since the platform is relatively new, it would be a golden opportunity.
Time will tell.
Good suggestion @kopasi
I guess that it would attract investors, they will compete in buying blurt in order to get the best chance in mining Blurt tokens.
I hope that @megadrive and @jacobgadikian would consider this.
I am opting for the POS as miners could only mine according to their holdings and is probably a better option than POW. I am just not sure the impact of this to those with lesser mining power if their stakes are lesser.