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RE: ASIC Resistance is a MYTH : DASH is Conquered

in #cryptocurrency • 7 years ago

Thanks a bunch for all this important information and education, in my case! It made me wonder if anything of this could even affect Bitshares?!. ;)

Namaste :)

7 years ago in #cryptocurrency by
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     7 years ago (edited)

    Bitshares uses Delegated Proof of Stake and basically the network votes for who is going to produce the blocks and get the reward. It is a totally different form of mining that should never have to worry about ASICs.

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     7 years ago 

    Therefore, more reasons for everybody to jump on the bandwagon right?!? ;)

    Namaste :)

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     7 years ago 

    This is an important difference between Proof of Work and Delegated Proof of Stake. Most of my current crypto holdings are in DPoS currencies. Steem, Bitshares, Lisk. I think they have a significant advantage over Proof of Work based currencies.

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