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RE: How to keep the security of blockchain systems?
if mining Bitcoin ever becomes unprofitable for miners, then we can rest assured the blockchain will fail.
if mining Bitcoin ever becomes unprofitable for miners, then we can rest assured the blockchain will fail.
So, here is a question. If it was "easy" to find and mine gold, would not then everyone would have a "boatload?" And, therefore, we would find it's value greatly diminished? To the point of near worthlessness?
It does seem like Proof of Stake is a lot better.
This post was really helpful, thank you for your input, much appreciated,
Happy Travels