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FluidFluxation's profile
Will 🗣️ 🌐
Will 🗣️ 🌐
Will  🗣️  🌐
@FluidFluxation

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Will  🗣️  🌐

@FluidFluxation

$I am‽ Generalist. Theorycraft.

Here, Now, Probably
Joined April 2011

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    Will  🗣️  🌐‏ @FluidFluxation Feb 11

    Will  🗣️  🌐 Retweeted Red Li

    When miners have sunk costs in Eth specific hardware, they wont be eager to vote in favor of a switch away from PoW. Economic incentives are a tough wave to fight. Anyone taking odds that PoS never materializes (in a significant way) on Ethereum?https://twitter.com/redtheminer/status/962929519072964608 …

    Will  🗣️  🌐 added,

    Red Li @redtheminer
    #Bitmain To Release #Ethereum ASIC Miner F3 With 72Gb DDR3 Dram In Q2 | http://NEWS.8BTC.COM  http://news.8btc.com/bitmain-to-release-ethereum-asic-miner-f3-with-72gb-ddr3-dram-in-q2 …
    11:17 PM - 11 Feb 2018
    • 2 Retweets
    • 5 Likes
    • Roviator ⚡️ nic carter “The Line makes itself felt..." Andrew Matt McCarthy BTC Miner @Cryptocoin
    2 replies 2 retweets 5 likes
      1. New conversation
      2. Red Li‏ @redtheminer Feb 11
        Replying to @FluidFluxation

        Bitshares' DPOS seems to be working all right.

        1 reply 0 retweets 2 likes
      3. Will  🗣️  🌐‏ @FluidFluxation Feb 11
        Replying to @redtheminer

        I'm not sure I see the relation. Bitshares is based on it's own form of PoS. I'm talking about the economic difficulties of converting from PoW ->PoS when the network is maintained by miners with infrastructure costs sunk into PoW.

        2 replies 0 retweets 0 likes
      4. Will  🗣️  🌐‏ @FluidFluxation Feb 11
        Replying to @FluidFluxation @redtheminer

        Expecting miners to switch from PoW to PoS is like expecting Oil titans to switch to renewable energy overnight.

        0 replies 1 retweet 0 likes
      5. End of conversation
      1. New conversation
      2. Jordan Mack [Giving Away Billions of ETH]‏ @Jordan_Mack Feb 12
        Replying to @FluidFluxation

        We very well could see another Ethereum fork because of this. It seems the Ethereum core team is very serious about the switch, even if they don’t have complete support.

        1 reply 0 retweets 0 likes
      3. Will  🗣️  🌐‏ @FluidFluxation Feb 12
        Replying to @Jordan_Mack

        I think the only way we won't see another fork from this is if the devs call off PoS, otherwise it's inevitable that SOME miners want to keep mining. Good chance its the majority of them.

        1 reply 0 retweets 0 likes
      4. Will  🗣️  🌐‏ @FluidFluxation Feb 12
        Replying to @FluidFluxation @Jordan_Mack

        Food for thoughts On the next fork what happens to all the dApps and contracts that will also be forked? What if some (or many) don't side with the PoS chain? What if the PoS chain becomes the minority?

        0 replies 0 retweets 0 likes
      5. End of conversation

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