If hive operated on proof of work mechanism, lot's of people wouldn't participate on voting proposal. Proof of stake is the mechanism suitable for chain like hive, because even a small account with little staked, can still participate on voting, although will lack weight. Now if hive operate on (pow) proof of work, what will determine the vote weight ?
What's interesting?
If hive operated on proof of work mechanism, lot's of people wouldn't participate on voting proposal. Proof of stake is the mechanism suitable for chain like hive, because even a small account with little staked, can still participate on voting, although will lack weight. Now if hive operate on (pow) proof of work, what will determine the vote weight ?
If we operated PoW maybe a different form of reward system
If hive will need to upgrade, then they will have to operate two kind of mechanisms which will include; proof of stake and proof of history