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RE: 20 reasons to buy PIVX

in #cryptocurrency7 years ago

All of these comments and not a single one yet about decentralization. Slow the circle jerk and make sure we don't end up in another control system. Please make me feel better about how this coin will maintain decentralization? Doesn't proof of stake create centralization?

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@nutritree I believe you may be right...the more I think about it, the more I am convinced it's a bad thing for decentralization. Proof of Stake seems to be a way for those who hold the majority of wealth to deceive the people and continue holding it without Work...This platform is designed in such a way as to allow the wealthy to influence what we see and choose who is paid more for content...not a very good measure of value if you ask me.

PIVX actually has good distribution

Good distribution now but what about these zero coin stake holders. I'll try and remember to find some reading material.

It can maintain decentralization better than any other coin because it has zpos zerocoin stakers as well as masternode governance. The zerocoin stakers are UNTRACEABLE which means that the network can basically never be shut down by tracking the stakers. The masternode system has many many masternodes like Dash and these serve to vote on new code in proposals. The coin can not change or do anything without these 2 governance systems working in coordination.

Has anyone heard of Hadera Hashgraph?

Sorry for the multi. Using #esteem has some bugs.