Re:Proof of Stake or Proof of Work, What's the Difference?
by tim333 on Sunday November 04, 2018 @12:07PM
(#18376811)
>The issue is that you need to lock up money for PoS in order to mine it.
Not really fiat money. You have to stake the coin in question but presumably you'd be holding that anyway. I don't see any real world costs that compare to the spend on electricity and GPUs you get with proof of work.
Not really fiat money. You have to stake the coin in question but presumably you'd be holding that anyway. I don't see any real world costs that compare to the spend on electricity and GPUs you get with proof of work.