Bitcoin PoW importance explained by #Satoshi-Nakamoto in one of his mails-discussion since 07 August 2010:
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Except for the environmental cost of burning coal for all the electricity, sure! I agree it was a very important development, but DPoS is as well, and costs less monetarily and environmentally.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yeah but more you spend energy on a value to make it secure and immutable more valuable it is.
I am not a fan of PoS for a financial transactional model, its is different for ETH or other purpose blockchains
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations, your post received 31.04% up vote form @spydo courtesy of @aro.steem! I hope, my gratitude will help you getting more visibility.
You can also earn by making delegation. Click here to delegate to @spydo and earn 95% daily reward payout! Follow this link to know more about delegation benefits.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit