News about Pos

More / Etherum Reddit - 3 years ago

Isnt PoS a self-reinforcing pattern?

My question is simple. As I understand it, owning more ether means miners are awarded more ether right? So doesn't that mean the biggest players will acquire the most coins? To me that seems more risky not less. A quick thought experiment. There...

Cryptocoins Exchanges / Binance - 3 years ago

XRP Deposit mistake in Tag

Hi everyone Yes, going ahead, thanks for everyone who will mention what a looser am I :) Lately I had a serious fu*k up. I've been sending my XRP tokens from one trading platform to Binance and accidentally mismatched 1 symbol in TAG. Respectivel...

More / Etherum Reddit - 3 years ago

Some PoS thoughts

Dear all, many times people have concerns regarding centralisation via the PoS mechanism. I noticed that 'what-about-ism' argumentation is often used to handle this, meaning that under a PoW regime like in Bitcoin, only the big mining farms a...

by COINS NEWS - 3 years ago

Kraken Exchange appreciation post

I just wanted to take a moment to highlight Kraken as an exchange. They have been one of the most reliable, transparent, customer centered exchanges that I have had the pleasure of using over the years. This bull market has really made me cautious of...

by COINS NEWS - 3 years ago

Increase in "I'm Selling" posts - Coordinated attack??

So I noticed a few posts that say they're selling their crypto or taking profits. Doesn't feel right. Feels like someone rich and powerful wants the little guy to sell his crypto on the cheap so they can buy it all up. Anyone notice this? Edi...

More / Etherum Reddit - 3 years ago

Central Bank attack on PoS vs. PoW

Dear all, there is a scenario in my head that made me post to discuss further. It is highly appreciated if the bold questions can be discussed/answered. Assumptions: A central bank wants or a group of coordinated central banks want to attack a crypt...

More / Etherum Reddit - 3 years ago

Rewriting transaction history in POS?

In a POW chain, it requires a lot of computing power and time to re-write the whole blockchain history. But in POS, it doesn't. It wouldn't be hard to fake all the block producing processes and timestamps and thus all the transaction history...

More / Etherum Reddit - 3 years ago

Details regarding how the RNG works for POS?

Hello, could someone point to a guide/post/video regarding the details of how the RNG works for POS block producing currently? In an old video, it's said that the participants commit a hash of a number and later disclose the number used to create...

Cryptocoins Exchanges / Binance - 3 years ago

On hold 20k [Previous post deleted]

UPDATE: Previous post got deleted from this Binance thread. On today's date, 15/05, almost two weeks have passed without resolution. Despite a subsequent Costumer Support follow up, no update was received and communication got halted once more. I...

by COINS NEWS - 3 years ago

My Moving Goal Posts In Crypto Investing, Anybody Else?

When I started buying BTC back in 2017 I had a clear-cut goal knowing nothing about the technology, pay off my student loans. Let's just say that as my knowledge of the space increased, my portfolio increased, and understanding the ramifications...