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News related to Crypto / Re: Ethereum Developers Discuss Potential Ways to Avoid ETC’s Fate
« on: August 09, 2020, 02:55:20 PM »
All these developers do not understand that anything hack-able would be hacked it is just a matter of time provided that the incentives is there. What happens to ETC is what most of these small POW coin would end up suffering for because POW is not sustainable model for most of them. Bitcoin distinguished itself from the rest because of its first mover advantage plus its network effect. POS is a good option if well designed and by now ETC developers must be thinking seriously about shifting to POS