posw vs waves ... sorry waves

in posw •  7 years ago  (edited)

poswallet.slack
https://poswallet.slack.com/archives/C414EG0DR/p1512269559000049

Even though the main business of poswallet is for altcoins staking and will remain to be the main business of posw...

POSW will be adding more tech qt1 2018, technology that some have compared to waves.

NOTE the volume of waves vs posw ...

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bwang22 [9:52 PM]
https://poswallet.slack.com/archives/C414EG0DR/p1512269559000049

People have been asking about WAVES platform LPOS and how it differs from TPoS, this is my understanding after some initial reading

WAVES is not a bitcoin fork, it does not operate like a normal blockchain

To run a node, you need 10000 waves, and if you don't have then you have to lease your waves to generate a return (edited)

In POSW you can run your wallet with as little as 1 posw and TPOS for someone (edited)

They also pay in 1 week cycle while tpos rewards are split as blocks are generated

The biggest thing between WAVES and POSW is each wallet in POSW is a FULL NODE

waves encourages the use of lite wallets because full nodes need 10000 waves

It is less decentralized, less secure than PoSW and its not even a fork from bitcoin. So it would take me time to learn how their platform works and if they are following all the block chain protocol rules like bitcoin or other derivatives (edited)

Also I don't know if leasing is trustless. With TPoS, the block rewards are automatically split. So no way to compromise on the prearranged commission

The commission has to match or else the block will be rejected

Jacob [10:26 PM]
Boom. trustless, decentralized, payout in real time. sorry waves
================

POSW is going to blow waves right out of the water LOL pun intended

Get POSW now …in the coming weeks you will see posw value increasing to a higher wave

C✿mment bel✿w

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PLUS ... HEADS UP
https://poswallet.slack.com/archives/C414EG0DR/p1495719560953103
If the STEEM blockchain is compatible without platform it will be added to poswallet for sure
https://poswallet.com/signup/mrsray/

B✿✿M

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