Dan Kaufman news
NeuCoin Whitepaper Reignites Proof-of-Work vs. Proof-of-Stake Debate
A little more than a week after release of NeuCoin's technical whitepaper, an intense debate been sparked between the proponents of the two main crypto technologies, proof-of-work (PoW) and proof-of-stake (PoS). Online forums including Bitcointalk, Peercointalk and Reddit, as well as NeuCoin’s own forum, have been playing host to the exchanges, which have drawn in not only lay community members but several of its household names. On Reddit, Bitcoin core developer Jeff Garzik began by fiercely defending Bitcoin from PoS supporters’ allegations that PoW is becoming centralized. “Bitcoin has many existing stakeholders. If large mining pools misbehave, the network and …
Bitcoin / April 3, 2015