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RE: The Battle of Our Times - PoW vs. PoS
Personally, I believe that PoS and PoW are becoming obsolete. STEEM requires "Proof of Brain" mixed with a computationally cheap PoW. Gridcoin uses an ASIC-resistant "Proof of Research" with PoS. Chia has proposed " Proof of Space " with "Proof of Time."
So, it looks like the future of crypto lies in mixed ASIC-proof computationally-efficient proofs.
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That is something I've never even heard about ... Great comment @rufusfirefly
Yours
Piotr
Interesting thought @rufusfirefly. PoW is increasingly facing criticisms and PoS has so many internal issues that need solving.
I didn’t know Gridcoin implemented proof of research. Will check that out soon.
China’s proposition is interesting, sure, but it remains to be seen how a centralized authority can successfully research and implement a good enough protocol. Time will tell.
Thanks for the stimulating reply. Cheers.
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Chia.net has some presentations and articles you can look at if you have the stomach for high-powered math.
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Let's save and restore Abongphen Highland Forest
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Plant trees with @treeplanter and get paid for it!
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@martin.mikes coordinator of @kedjom-keku
You just planted 0.10 tree(s)!
Thanks to @rufusfirefly
We have planted already
7371.69 trees
out of 1,000,000
Let's save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 32180.31
Thanks a lot!
@martin.mikes coordinator of @kedjom-keku