I read somewhere very early that PoW and PoS are two ways of climbing the same mountain. May be someone agree too or correct me.
Except POS has nothing to do with climbing the same mountain.
It is at best simply a centralized unsecured unregulated bond based on code.
POW is a power conversion based system that uses energy, code and hard gear. It is also decentralized.
POS does not belong in the crypto space. Only decentralized Pow coins qualify. Not an opinion just factual.
So under 100 coins qualify as crypto.
POS should be under codo coins.
But I have lived long enough to know that is not going to happen.
It's giving me a headache.. again to feel that there is any need to even go down this road.. .. there is no there there, but you (WatChe) still want to somehow suggest that POS is actually adding something of value?
That's why I said either agree with me or correct me. Thanks for correcting me.
@JayJuanGee your detail elaboration on every matter is what makes WO stand out.
Edit:philipma1957 and @JayJuanGee may be you referring to this with respect to PoW and PoS?
