Alternatives to Proof of Work or Proof of Stake

proof of email address. just email the coins.

You just created a new one just now!

Proof of idiocy.

There is also Proof of Capacity.

And everything except proof of work is a horrible idea for a currency.

Proof of cock

I dont get the PoS aspects to begin with. PoW you compute shit and spend electricity to gain a small compensation but PoS? You hodl some shit but how is that going to benefit the system? Why would you get anything from it?

>>3248265
cuz you're proving that you're not selling the coins

File: 21c65e0cf6b88be17425f3c4bbb4dfcb.jpg (702KB, 1920x1080px) Image search: [Google]

702KB, 1920x1080px

>>3248209
Proof of Proof

Proof(Proof)

get on my level

>>3248265
Solving random problems doesn't benefit the system either. It's a total waste of energy.

>>3248273
it has nothing to do with lending/enabling the whole thing to make use of the staked coins while you parked them in a wallet - which would much more be like banks function

>>3248348
ment to be a question

Proof of Importance by NEM is a rather good consensus algo.

It builds further on top of PoS. One question in this thread is about how PoS is even viable. Well, it's quite easy actually. Showing that you have a sizeable interest (or stake) in the currency and willingly locking it in for the time that you operate as a validator is an example of the holder's positive incentive to keep the currency network healthy (since they're invested into it). Also, a larger stake translates into a higher validation capacity.

Proof of Windows 95

Proof of signature
Xby has this

>>3248265
If you try doing bullshit your stake gets destroyed.
It's much more energy efficient than PoW.

>>3248286
Wrong.

Mining places a fiat cost on generating coins. This gives the coin real value since you're essentially converting fiat into crypto. Additionally, ever increasing hashing power increases the overall security of the coin.

You clearly have poor understanding of both economics and crypto.

>>3249470
PoS is just inflation. Period.

Proof of Loo

Keeps pajeets out of the game