RE: Blockchain Update 4: Resource Credit Implementation Details
When did i say POW was useless? Look at all my posts, I defend POW to my dear life. Hell I got a comment from Dan about my view and wrote a post countering his point. I'll give you 1 sbd if you can find where i did not say it. And for a record I read that post in June lol
Of course a secure global network is useful but useful POW would also be cool too.
If you have 1 pant that gives your protection from alot of things..
Wouldn't a 2nd pant also help just incase?
I love POW but primecoin did show that POW could be used more efficiently.
Hell POW is still more efficient that banks:
https://steemit.com/bitcoin/@cicbar/bitcoin-energy-consumption
I want more research into useful POW when a scaling solution has matured aka the LN and sidechains. A blockchain need to scale for it to support the world.
Right there, buddy.
If you missed one word, such as "more useful" then that changes things slightly.
You don't have to convince me about PoW, its the only thing that has worked consistently at a global scale without centralized "witnesses" or other garbage.
And? I still want useful POW. The POW we have now is amazing and better than POS shitcoins.
But I did not say POW was useless. I want scaling of the blockchain before looking for useful POW first though.