Which one is more durable: PoW or PoS?

[bitmover]

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

I get your point, but I dont think this is exactly the same.

Most ETH rich wallets got their ETH for free. They can just click a few buttons and secure the network with those eth. The security of the system is based in itself.

 While nobody got BTC for free, and even early adopters can`t just tranforms their BTC into more BTC passively. They need to create a mining operation, which can`t be done just by interacting with a smartcontract.

They would need to sell their btc, move to a location with cheap energy, buy ASICs, rent a proper place, etc.. The security of the sytem is based in something happening in the real world, phisically.

[Gurujebs]

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.

Proof of work might be energy consuming but I don't think decentralization can ever be achieved like using proof of stake. When you consider Proof of work, you are considering decentralization and security over speed while Proof of stake means to are speed and security over decentralization, sometimes security is comprised in doing Prrof of stake.

I like proof of work because of the centralization but imagine if we can achieved maximum speed in doing that, there wouldn't be topic of proof of stake in the first place.

[Stompix]

Most ETH rich wallets got their ETH for free. They can just click a few buttons and secure the network with those eth. The security of the system is based in itself.

 While nobody got BTC for free, and even early adopters can`t just tranforms their BTC into more BTC passively. They need to create a mining operation, which can`t be done just by interacting with a smartcontract.

Have to disagree here:



As for the multiple steps involved when transforming btc into hashing power, as always there are two sides to the story
- for eth you buy it with $ , thus making $eth more expensive with each step
- with BTC someone creating his hashing empire has no effect on the price, Bitcoin will have the same price and obviously the same line of defense even if China builds 1000 farms or none

There are pro and cons for everything, that's why we have both of them up and running.

 

[bitmover]

This is not really  really free bitcoins.

He is paying for your clicks and time. This is how Facebook, Meta, X, etc make money. One of the most profitable products in the world: your screen time.

[Nheer]

This is not really  really free bitcoins.

He is paying for your clicks and time. This is how Facebook, Meta, X, etc make money. One of the most profitable products in the world: your screen time.

I fully agree with you I have seen so many YouTube videos on how people get paid by spending time with a particular app and they earn.
I guess this is really what has happen there.
Screen times are really one of the most profitable things. They really earn a lot from that. All they just need is your time and attention that all.

[Stompix]

This is not really  really free bitcoins. He is paying for your clicks and time.

Bruh.....

Most ETH rich wallets got their ETH for free.

Why do you have to change even the definition of free just because you need to take one side in this story?
F&^& even air is not free because I have to breathe the damn thing first!
Try to be less biased if you really want to be objective on this.

[bitmover]

Most ETH rich wallets got their ETH for free.

Why do you have to change even the definition of free just because you need to take one side in this story?
F&^& even air is not free because I have to breathe the damn thing first!
Try to be less biased if you really want to be objective on this.

Most of owners of etheteum (devs, founders, etc) just got their eth for free. Basically pre mined. Worth millions of dollars since launch.

You could compare those people with satoshi. Who didn't convert his bitcoin into mining gear and is now controlling the network as a big player in mining.

While those 5 bitcoin in the website you mentioned werent worth not even 0.001 usd at the time.


And everyone is bised.

I am just pointing out that bitcoin security is made from something outside the system  while etheruem isn't. This is objective.  Nobody can disagree with this.

Anyway, I am heavily invested in eth.
 Since 2017. I think it is a good coin. But pow is very different than pos

[BitMaxz]

Isn't the old faucet that gives away 5 BTC per captcha solved?
There's a discussion about this on instragram and Reddit about those people who claimed 5 BTC per captcha solved and are now rich even that man just solved one captcha.

I am not sure what you are arguing about, whether it is free or not, but the task is still very simple claim 5 BTC for each captcha solved.

[Bobcrypto]

I think that both POW and POS are useful on the economy, though Proof of work is completely alliened to the decentralized concept of Bitcoin, while Proof of stakes has been considered good for it fast transactions speeds. In terms of security, proof of work is considered a better option than Proof of stake.
In addition, Proof of state is more environmentally friendly and could be more effective, because it does no require computational or mathematics puzzles. I think that generally both play important rolls on the crypto economy.

[Stompix]

I am just pointing out that bitcoin security is made from something outside the system  while etheruem isn't. This is objective.  Nobody can disagree with this.

And again this can be a god thing or a bad thing, an attacker would need to buy ETH rising the price while it can buy gear without making BTC more expensive and difficult to attack, quite the contrary as a miner acquiring 20% of the hashrate on top of what we have would make some legit miners go bankrupt.

Neither system is perfect and I seriously doubt a truly decentralized system can be constructed without medium risks  that require only $ to be exploited.

Isn't the old faucet that gives away 5 BTC per captcha solved?

Yup, and someone drained it with a bot back in those days, imagine his state of mind now if he had sold them prior to $10.

[examplens]

Isn't the old faucet that gives away 5 BTC per captcha solved?
There's a discussion about this on instragram and Reddit about those people who claimed 5 BTC per captcha solved and are now rich even that man just solved one captcha.

I am not sure what you are arguing about, whether it is free or not, but the task is still very simple claim 5 BTC for each captcha solved.

It's a similar story to that of Laslov, who gave thousands of Bitcoins for one pizza.
You can't make any analysis based on that. Even today, when we pay for some small things in bitcoin, there will probably be a huge overprice in 5 or 10 years, but who saved BTC for that entire period?

In that initial time, I had several faucet sites that mathematically brought me profit even though I was giving my users 1-2 BTC per month. I don't think any of them hold BTC until today.

[philipma1957]

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.

pos is utter nonsense. nice illustration for those that dont understand the damge pos does to the world.

[MrSpasybo]

I think that both POW and POS are useful on the economy, though Proof of work is completely alliened to the decentralized concept of Bitcoin, while Proof of stakes has been considered good for it fast transactions speeds. In terms of security, proof of work is considered a better option than Proof of stake.
In addition, Proof of state is more environmentally friendly and could be more effective, because it does no require computational or mathematics puzzles. I think that generally both play important rolls on the crypto economy.

Yeah, I share your viewpoint. POW is more decentralized, with the Bitcoin blockchain being the most prominent example, but it consumes a lot of energy. Meanwhile, POS is energy-efficient but faces numerous decentralization issues when staking protocols are widely implemented.

For practical application, we need POW or BTC for the purpose of establishing the position for the entire market and moving high-value assets, while we also need POS for simpler and more common purposes. Setting up a new POS blockchain is much simpler than a new POW blockchain, staking is simpler than mining, and we can apply blockchain technology more easily and quickly.

[philipma1957]

Most ETH rich wallets got their ETH for free.

Why do you have to change even the definition of free just because you need to take one side in this story?
F&^& even air is not free because I have to breathe the damn thing first!
Try to be less biased if you really want to be objective on this.

Most of owners of etheteum (devs, founders, etc) just got their eth for free. Basically pre mined. Worth millions of dollars since launch.

You could compare those people with satoshi. Who didn't convert his bitcoin into mining gear and is now controlling the network as a big player in mining.

While those 5 bitcoin in the website you mentioned werent worth not even 0.001 usd at the time.


And everyone is bised.

I am just pointing out that bitcoin security is made from something outside the system  while etheruem isn't. This is objective.  Nobody can disagree with this.

Anyway, I am heavily invested in eth.
 Since 2017. I think it is a good coin. But pow is very different than pos

you should get rid of eth its a bad coin.

but this is  not advice just what I believe.

no one should keep their eth.
it is a doomed coin with big enemies such as nvidia.

but I have called lots of bad shots over the years.

[TomPluz]

Right now, we already know the advantages and disadvantages of both PoW and PoS and it all depends on the market into the future which will eventually survive...or maybe just like now we can see both of them flourishing and kicking many years from now. Honestly, if there is gonna be something that can make or break any one of them it must be security issues. PoW is more secure than PoS, of course, but it does not automatically mean that the latter can easily yield to attacks. The market right now is giving Bitcoin a pass on its energy requirement but newer platforms are shying away from this formula already as they don't want to add more burden on our energy supply just to make something run.