BCH - Proof of Stake is superior to POW
This upcoming Bitcoin Cash Fork is the poster child for why Proof of Stake is superior to Proof of Work. It would not be such a show/circus without characters such as Craig Wright.
This psycho has claimed to be “Satoshi”, which he has never proven. Bitcoin Cash SV is the protocol being backed by him. If you want to stay up to date on the fork with great data, check this site out: https://cash.coin.dance/
Bitcoin Cash SV appears to now have 51% of the hash power for BCH.
Craig has managed to create an attack group called “SharkPool”. SharkPool has threatened to mine empty blocks on all competing chains. Then in turn sell their profits for Bitcoin Cash SV. There goal is to bring all alts to 0.
Enough about BCH!
EOS, and STEEM have never looked so attractive in climates like this. Having strong governance is so important in this Crypto environment. Attacks by groups like SharkPool will never come to fruition on chains like EOS.
Stay safe folks!
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@musictherapy Great article. I have been looking for more in depth info on what's going on. It's "interesting" to say the least, that Craig wants to bring all other alt coins to Zero. I don't know much about him, but he sounds like a wacko.
LOL. yeah, got some mail from the DramaQueens SHarkpool. Go f*ck yourself Faketoshi and let the market decide.
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