public inbox for bitcoindev@googlegroups.com
 help / color / mirror / Atom feed
From: Eric Voskuil <eric@voskuil.org>
To: SatoshiSingh <SatoshiSingh@protonmail.com>,
	Bitcoin Protocol Discussion
	<bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Opinion on proof of stake in future
Date: Fri, 7 May 2021 16:04:19 -0700	[thread overview]
Message-ID: <6C68BF06-522B-41D3-BF3A-17D900C51BD1@voskuil.org> (raw)
In-Reply-To: <6do5xN2g5LPnFeM55iJ-4C4MyXOu_KeXxy68Xt4dJQMhi3LJ8ZrLICmEUlh8JGfDmsDG12m1JDAh0e0huwK_MlyKpdfn22ru3zsm7lYLfBo=@protonmail.com>

[-- Attachment #1: Type: text/plain, Size: 1428 bytes --]

https://github.com/libbitcoin/libbitcoin-system/wiki/Proof-of-Stake-Fallacy

> On May 7, 2021, at 15:50, SatoshiSingh via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> wrote:
> 
> Hello list,
> 
> I am a lurker here and like many of you I worry about the energy usage of bitcoin mining. I understand a lot mining happens with renewable resources but the impact is still high.
> 
> I want to get your opinion on implementing proof of stake for bitcoin mining in future. For now, proof of stake is still untested and not battle tested like proof of work. Though someday it will be.
> 
> In the following years we'll be seeing proof of stake being implemented. Smaller networks can test PoS which is a luxury bitcoin can't afford. Here's how I see this the possibilities:
> 
> 1 - Proof of stake isn't a good enough security mechanism
> 2 - Proof of state is a good security mechanism and works as intended
> 
> IF PoS turns out to be good after battle testing, would you consider implementing it for Bitcoin? I understand this would invoke a lot of controversies and a hard fork that no one likes. But its important enough to consider a hard fork. What are your opinions provided PoS does work?
> 
> Love from India.
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev

[-- Attachment #2: Type: text/html, Size: 2012 bytes --]

  reply	other threads:[~2021-05-07 23:04 UTC|newest]

Thread overview: 67+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2021-05-07 17:17 [bitcoin-dev] Opinion on proof of stake in future SatoshiSingh
2021-05-07 23:04 ` Eric Voskuil [this message]
2021-05-08 14:33   ` Karl
2021-05-09 10:21     ` R E Broadley
2021-05-09 10:59       ` Karl
2021-05-07 23:19 ` Jeremy
2021-05-08  2:40   ` honest69abe
2021-05-08 14:42     ` Karl
2021-05-09 19:07       ` Cloud Strife
2021-05-08 13:44 ` Eric Martindale
2021-05-09 11:30   ` R E Broadley
2021-05-10 14:08 ` Erik Aronesty
2021-05-10 15:01   ` Keagan McClelland
2021-05-10 21:22     ` LORD HIS EXCELLENCY JAMES HRMH
2021-05-10 21:51     ` Jeremy
2021-05-17 16:58       ` Erik Aronesty
2021-05-18  7:06         ` ZmnSCPxj
2021-05-18 10:16           ` Zac Greenwood
2021-05-18 10:42             ` ZmnSCPxj
2021-05-18 14:02               ` Zac Greenwood
2021-05-18 18:52                 ` Erik Aronesty
2021-05-19 14:07                   ` Michael Dubrovsky
2021-05-19 15:30                     ` Michael Dubrovsky
2021-05-21  0:04                       ` Billy Tetrud
2021-05-21  9:42                         ` vizeet srivastava
2021-05-21 20:57                         ` Erik Aronesty
2021-05-21 21:45                           ` Billy Tetrud
2021-05-23  3:41                         ` Lloyd Fournier
2021-05-23 19:10                           ` Billy Tetrud
2021-05-23 19:28                             ` Billy Tetrud
2021-05-24 13:47                           ` Erik Aronesty
2021-05-24 20:43                             ` Billy Tetrud
2021-05-24 21:49                               ` Erik Aronesty
2021-05-25  1:52                                 ` Billy Tetrud
2021-05-25 13:00                                   ` Erik Aronesty
2021-05-25 20:01                                     ` Billy Tetrud
2021-05-25 21:10                                       ` befreeandopen
2021-05-26  6:53                                         ` Billy Tetrud
2021-05-26 13:11                                           ` befreeandopen
2021-05-26 22:07                                             ` Erik Aronesty
2021-05-28 14:40                                               ` befreeandopen
2021-05-28 20:06                                                 ` Erik Aronesty
2021-05-28 21:40                                                   ` Billy Tetrud
2021-06-01  8:21                                                   ` befreeandopen
2021-06-01 16:33                                                     ` Erik Aronesty
2021-06-01 19:26                                                       ` befreeandopen
2021-06-01 20:28                                                         ` Erik Aronesty
2021-06-03  5:30                                                           ` SatoshiSingh
2021-06-07  6:15                                                             ` Billy Tetrud
2021-05-27 10:08                                             ` Billy Tetrud
2021-05-27 13:11                                               ` Erik Aronesty
2021-05-28 14:36                                               ` befreeandopen
2021-05-25  8:22                               ` befreeandopen
2021-06-15 11:13                           ` James MacWhyte
2021-06-17  1:48                             ` Lloyd Fournier
2021-06-17  3:31                             ` Cloud Strife
2021-06-22 17:45                               ` Billy Tetrud
2021-06-23 18:14                                 ` Keagan McClelland
2021-06-24  0:14                                   ` Billy Tetrud
2021-06-24  0:37                                     ` Keagan McClelland
2021-06-24 17:34                                     ` yanmaani
2021-06-24 21:50                                       ` Erik Aronesty
2021-06-25  0:29                                         ` yanmaani
2021-06-25 16:08                                           ` Ruben Somsen
     [not found]                                             ` <MN2PR10MB4030EBD14EF82E29CFEDD00FB1069@MN2PR10MB4030.namprd10.prod.outlook.com>
2021-06-26 16:26                                               ` Billy Tetrud
2021-05-08 10:21 Prayank
     [not found] <mailman.100801.1624522329.32591.bitcoin-dev@lists.linuxfoundation.org>
2021-06-24  8:59 ` Carlo Spiller

Reply instructions:

You may reply publicly to this message via plain-text email
using any one of the following methods:

* Save the following mbox file, import it into your mail client,
  and reply-to-all from there: mbox

  Avoid top-posting and favor interleaved quoting:
  https://en.wikipedia.org/wiki/Posting_style#Interleaved_style

* Reply using the --to, --cc, and --in-reply-to
  switches of git-send-email(1):

  git send-email \
    --in-reply-to=6C68BF06-522B-41D3-BF3A-17D900C51BD1@voskuil.org \
    --to=eric@voskuil.org \
    --cc=SatoshiSingh@protonmail.com \
    --cc=bitcoin-dev@lists.linuxfoundation.org \
    /path/to/YOUR_REPLY

  https://kernel.org/pub/software/scm/git/docs/git-send-email.html

* If your mail client supports setting the In-Reply-To header
  via mailto: links, try the mailto: link
Be sure your reply has a Subject: header at the top and a blank line before the message body.
This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox