RE: Cryptocurrency And The Age Of Abundance: Fueling Technological Advancement
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Massive Technological Expansion
Here is an idea that many are aware of yet cannot grasp the exact implications. It is something we realize is taking place around us but is hard to quantify.
A really great experience on finding how this behaves by just being on HIVE.
I feel HIVE is teaching a lot of people, almost like a public service many countries are not yet aware of otherwise they will be exploiting. And this should be definitely be supported by them.
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Hive certainly fits into this larger trend as does all we see taking place within the blockchain and cryptocurrency world.
For that reason, if one can see what is taking place at this level, it will give them insight into what is happening at an overall technological level.
The reverse is alaos true.
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You lost some credibility there mate, the last time you hyped about Hive DPoS being superior to both POW/POS, sorry but not buying that downright BS
PoW has security but major scaling issues. That is one of the reasons why Ethereum switched to a PoS system. Do you really think there will be trillions of transactions done on a PoW chains? We are likely to see one, Bitcoin, as the only important one long term.
As for PoS, we will see if you still feel that way when Ethereum is in the hands of Wall Street. That is who is buying up the token. Of course, the major holding of the foundation could be a difference maker, although not for decentralization and distribution.
There will come a time when the PoS validation on Ethereum will come from a handful of people. The drawback to a straight PoS is the fact that there still is a huge weighting towards the wealthy.
But we will see in time how it all pans out.
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