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    ETH, Casper and POS

    https://www.coindesk.com/fundamental...ampaign=buffer

    Interesting reading on the ETH issue.
    ETH: 0x91A5a2741008Be3D89EF29fc4A34E6eFA6F253eA

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    rebeccab (03-31-2018)

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    I agree that there is a risk of proof of stake, but how is this any different than the mining farms we currently have?

    The mining pools are the ones that benefit from the POW and anyone with a regular laptop/computer is out of luck, but with POS it allows anyone to benefit from running the node. There is no reason for me to run POW as I won't really benefit, but I would run POS. Therefore, I think it would make it more secure by more people having an incentive and spreading out among more people as well. It would also broaden the use of the coin and get more people to HODL.
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    rebeccab (03-31-2018)

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    theres so much fud about eth the last while no wonder it dropped hard. but it's bouncing back some what today
    rebeccab
    tied to machines that make me be - metallica
    Eth address : 0xbd46Ac951eF65292110Fbb2548b935313c89399E

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    My understanding is POW and POS have similar problems. As in a few people control the mining or validation. In POS I think your stake or money has to be a substantial amount (1000 ETH). In POW things are a bit rigged when you have Asian mining farms that control something like 80% of the mining. IMO really the greatest setback and an unsustainable one is the electricity costs involved with POW. Many countries out right ban it, others are self-eliminated due to the high electricity costs that jut dont make it worthwhile. So unless POW can resolve that, it just won't stay.
    BITCOINS WALLET: 1P5MT62XsvEfrXWLazEyP42QFg5g25RYp5
    ETH WALLET: 0x8c272263f44278a3fd19e417d53fdd4605452f6d

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