You are viewing a single comment's thread from:

RE: Proof of Stake Vs. Proof of Work, What They Mean For Ethereum

in #ethereum8 years ago (edited)

Proof of stake will take ETH from a power consuming Proof of Work situation to a less power consuming situation. You have to hold on to the coin to be given the distribution. Wallet software can handle syncing the blockchain as well as handle the transactions. I'm coming around to POS, much thanks to Steemit. We stake our Steem power here. I'm still working on setting up the mining tho for STEEM: https://steemit.com/steemhelp/@krystox/mining-steem-for-dummies-on-mac-os

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.030
BTC 58211.91
ETH 2476.26
USDT 1.00
SBD 2.38