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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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    1. 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 …
      2 replies 2 retweets 5 likes
    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. Red Li‏ @redtheminer Feb 11
      Replying to @FluidFluxation

      You are right. But I think the POS roadmap is set from the very beginning.

      1 reply 0 retweets 1 like
    5. Will  🗣️  🌐‏ @FluidFluxation Feb 11
      Replying to @redtheminer

      It's set only in words and ideals of central authorities. There is the planned obsolescence with the "Ice Age" difficulty scheme, but that has been delayed before.

      1 reply 0 retweets 0 likes
      Will  🗣️  🌐‏ @FluidFluxation Feb 12
      Replying to @FluidFluxation @redtheminer

      All of this is subject to challenge from the miners providing the economic security and hash.

      12:01 AM - 12 Feb 2018
      0 replies 0 retweets 0 likes

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