Which one is more durable: PoW or PoS?

[bayu7adi]

We all know that PoW and PoS are the most important aspects of mining in cryptocurrency, but both have their own problems...
PoW has energy issues which of course are a concern for the future of the world
While PoS has security issues, which of course raises concerns for investors because they always want to make sure their funds are safe.

Which one is more worthy of being maintained in this cryptocurrency space?

[ABCbits]

Which one is more worthy of being maintained in this cryptocurrency space?

Both are worthy, since each of them have different trade-off and usage. PoW for those who prefer decentralization or fear exchange may use customer's coin to manipulate the network[1]. PoS for those who want some passive income by staking or have concern about big mining pool/farm.

[1] https://cryptoslate.com/big-exchanges-conduct-a-hostile-takeover-of-steem-blockchain-following-tron-acquisition/

[Mia Chloe]

We all know that PoW and PoS are the most important aspects of mining in cryptocurrency, but both have their own problems...
PoW has energy issues which of course are a concern for the future of the world
While PoS has security issues, which of course raises concerns for investors because they always want to make sure their funds are safe.
Which one is more worthy of being maintained in this cryptocurrency space?

Both of them are quite ok though I personally prefer Proof of work mechanism since I'm more kind of familiar with the bitcoin ecosystem. Anyways, as for the aspect of energy required for mining like proof of work in the case of bitcoin, I really don't think it endangers our ecosystem. I've seen a couple of discussions a long time ago where people argued that bitcoin is the cause of environmental pollution because of energy required for mining.

The fact is I really don't believe that because mining or no mining, there would still be some energy sources that contribute to pollution as well as those that don't. Besides the world is gradually taking a turn to try eliminating energy sources like petroleum and coal that pollute the environment.

[bayu7adi]

The fact is I really don't believe that because mining or no mining, there would still be some energy sources that contribute to pollution as well as those that don't. Besides the world is gradually taking a turn to try eliminating energy sources like petroleum and coal that pollute the environment.

it is indeed inevitable, because they call it an economy, whereas in my opinion, it is more inclined to exchange the earth for money.. the PoW system does require large computing power and resources, so that makes us more worried in the long term, right?

the thing to fear is if cryptocurrency mining activities are no longer possible to do, isn't that a nightmare?

[joniboini]

the PoW system does require large computing power and resources, so that makes us more worried in the long term, right?
the thing to fear is if cryptocurrency mining activities are no longer possible to do, isn't that a nightmare?

I think that's the trade-off to make the network secure. If it's cheap then someone can attack the network easily. I believe we will see more alternative energy sources in the future, so mining will probably move to that sooner than later. The market will eventually adjust itself, if mining is too expensive some miners will stop, and vice versa. We'll probably see more discussion around PoW when the Bitcoin subsidy becomes too small to incentivize miners, but that's still years away. I don't think it will go away because some people prefer decentralization even if it means slower transaction etc. CMIIW.

[Findingnemo]

We all know that PoW and PoS are the most important aspects of mining in cryptocurrency, but both have their own problems...
PoW has energy issues which of course are a concern for the future of the world
While PoS has security issues, which of course raises concerns for investors because they always want to make sure their funds are safe.

Which one is more worthy of being maintained in this cryptocurrency space?

PoS based cryptos doesn't fall under the category of mining because it uses the staking to validate the transactions and get rewards based on the staked coins. So it means less decentralization in the network and it's easy to manipulate the network by few big players while PoW can be manipulated but it's like they have to spend few hundred dollars for every 10 minute to give the pause but nothing more damage can be done. So PoW is a lot better model that helps the coins to have highest possible nature of decentralization.

[ABCbits]

--snip--
We'll probably see more discussion around PoW when the Bitcoin subsidy becomes too small to incentivize miners, but that's still years away. I don't think it will go away because some people prefer decentralization even if it means slower transaction etc. CMIIW.

By then, Bitcoiner will be forced to face either high on-chain TX fee or higher block size to let some miners continue to mine Bitcoin profitably.

[Strongkored]

Both have advantages and disadvantages and these advantages and disadvantages can be the reason why people prefer one over the other, making both durable. For example, a high level of security will make people choose PoW, but the power and equipment needed are the reasons why some people will also choose PoS because it does not require much energy and equipment that is quite expensive for PoW.

[bitcoin-shark]

Both are valid ways to obtain crypto, in my opinion they differ only in the type of initial investment, POW requires cutting-edge GPU technical equipment and obviously the cost of electricity and POS requires an investment in crypto.

[Chilwell]

Both Proof of Work (PoW) and Proof of Stake (PoS) play crucial roles in securing blockchain transactions. While they serve the same purpose, they employ different consensus mechanisms. PoW and PoS are vital components in various blockchain networks, including Bitcoin (which uses PoW) and other cryptocurrencies that utilize PoS or hybrid models. So to the best of my knowledge both proof of work (poW) and proof of stake (poS) are important.

[Stompix]

while PoW can be manipulated but it's like they have to spend few hundred dollars for every 10 minute to give the pause but nothing more damage can be done.

Seriously?
Spend a few hundred dollars every 10 minute to give the pause?
What is this even supposed to mean?

Both are valid ways to obtain crypto, in my opinion they differ only in the type of initial investment, POW requires cutting-edge GPU technical equipment

GPU mining was dead for most coins years ago, ASICs were developed for most coins, so no, you would not be able to mine a thing, E9 was already a kick in the but for a lot of GPU miners.

[examplens]

GPU mining was dead for most coins years ago, ASICs were developed for most coins, so no, you would not be able to mine a thing, E9 was already a kick in the but for a lot of GPU miners.

What is the forecast for GPU mining, is it finally finished?
I haven't followed anything at all about mining for a long time, but I assume that if there is no indication in the bull run now that some coin could revive this segment, I assume that the era of GPU mining is over for good. The fact that there are still a few GPU-friendly coins I don't think is enough to restart the whole industry.

[bitmover]

We all know that PoW and PoS are the most important aspects of mining in cryptocurrency, but both have their own problems...
PoW has energy issues which of course are a concern for the future of the world
While PoS has security issues, which of course raises concerns for investors because they always want to make sure their funds are safe.

Which one is more worthy of being maintained in this cryptocurrency space?

Pos doesn't have security issues. It has decentralization issues

Pos is like this


While pow is basically staking energy.
You are using something really valuable, from outside the system  and using it to secure the network. Anyone with energy available can just do it , not just a few "owners' of the network like pos.

[Stuart]

The POS and POW are both important in their different aspects and how they validate their transactions and add new blocks. They might have the issues with their different majors like POS which has mining issues with large energy consumption, while POW has its own in it's staking requirements.
POS could have more limitations to POW, but they are both needed in the industry. POS has been before POW, which gave room for POW to work on the down sides of POS for a better chance of making competitive stand in the industry.

[Stompix]

While pow is basically staking energy.
You are using something really valuable, from outside the system  and using it to secure the network. Anyone with energy available can just do it , not just a few "owners' of the network like pos.

But isn't this technically the same?
There are two things:
- you need to buy ASICs and spend $ on electricity to mine Bitcoin
- you need to spend $ on ETH to stake

Further down the road, when Bitcoin will top issuing coins, the same picture as above will be true, coins will be awarded to miners only if the user spends said coins, so the circuit is closed not only do you have to mine but you also need bagholders to spend ending it technically at the same point.