RE: Cryptocurrency And The Age Of Abundance: Fueling Technological Advancement by taskmaster4450le

View this thread on: hive.blog | peakd.com | ecency.com

Viewing a response to: @forykw/re-taskmaster4450-2021105t2421168z

hive-167922 · @taskmaster4450le · Oct 4 '21

**Hive** certainly fits into this larger trend as does all we see taking place within the **blockchain and cryptocurrency** world.  

For that reason, if one can see what is taking place at this level, it will give them insight into what is happening at an overall technological level.

The reverse is alaos true.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-forykw-5ccs9a)

👍 forykw

`author`	taskmaster4450le
`permlink`	re-forykw-5ccs9a
`category`	hive-167922
`json_metadata`	{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@taskmaster4450le/re-forykw-5ccs9a"}
`created`	2021-10-04 15:56:00
`last_update`	2021-10-04 15:56:00
`depth`	2
`children`	2
`last_payout`	2021-10-11 15:56:00
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	414
`author_reputation`	2,170,283,474,730,095
`root_title`	"Cryptocurrency And The Age Of Abundance: Fueling Technological Advancement"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	106,775,537
`net_rshares`	15,448,820,002
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
forykw	0 B		15,448,820,002	1%

@introvertspeaks · Oct 4 '21

You lost some credibility there mate, the last time you hyped about Hive DPoS being superior to both POW/POS, sorry but not buying that downright BS

👍 introvertspeaks, yggdrasil.laguna

`author`	introvertspeaks
`permlink`	re-taskmaster4450le-2021105t51649740z
`category`	hive-167922
`json_metadata`	{"tags":["hive-167922","leofinance"],"app":"ecency/3.0.19-vision","format":"markdown+html"}
`created`	2021-10-04 21:16:51
`last_update`	2021-10-04 21:16:51
`depth`	3
`children`	1
`last_payout`	2021-10-11 21:16:51
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	148
`author_reputation`	-4,351,658,764,138
`root_title`	"Cryptocurrency And The Age Of Abundance: Fueling Technological Advancement"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	106,783,498
`net_rshares`	322,537,486
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
introvertspeaks	0 B		317,329,936	100%
yggdrasil.laguna	0 B		5,207,550	10%

@taskmaster4450le · Oct 4 '21

PoW has security but major scaling issues. That is one of the reasons why Ethereum switched to a PoS system.  Do you really think there will be trillions of transactions done on a PoW chains?  We are likely to see one, Bitcoin, as the only important one long term.

As for PoS, we will see if you still feel that way when Ethereum is in the hands of Wall Street.  That is who is buying up the token.  Of course, the major holding of the foundation could be a difference maker, although not for decentralization and distribution.

There will come a time when the PoS validation on Ethereum will come from a handful of people.  The drawback to a straight PoS is the fact that there still is a huge weighting towards the wealthy.  

But we will see in time how it all pans out. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-introvertspeaks-r9m2t)

properties (22)