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RE: Four Types of Mining All At The Same Time On A PC
Thanks for this detailed comparision beetwen this different techinques. In which direction, I mean type of mining, will new curriencies go on, you think?
I think Ethereum has always led the way from a technological standpoint and to see them ditching proof of work with proof of stake says quite a lot. I can see PoC growing a lot due to people having Terrabytes just sitting there doing nothing.
PoW will never go, but there will be a time many years in the future when it is seen as a relic of the crypto gold rush.
Ultimately, I reckon steemit has the best chance of becoming dominant, 0 transaction fees and instant transaction times are a huge green light for any crypto; plus, it's more skill based rather than capitalism based we have a community built into steemit as well so there's an actual use case.
And with it being a social network, companies can promote themselves and accept payments on the same platform which is huge!