NFTs are a force for good!?!

[Eagle367]

IcaroRibeiro said:

SvennoJ said:

The problem with all those alternatives (proof of stake) is that it defeats the original purpose of crypto currency

https://www.cryptoeq.io/corereports/tezos-abridged

It basically puts the power into the hands of the wealthiest corporations, those that can afford to stake millions or billions even.

Solano has more holes:

Solana is not decentralized enough: Some crypto enthusiasts believe that there might not be too many disadvantages of investing in SOL, but this feature of the crypto is particularly considered as its biggest con


You can't have it both ways. Either centralized/governed and efficient or decentralized and secure yet harming the environment in the process.

So why not just stick with what we have.

Adding that. Proof of state Blockchain could be used to official nationwide networks, used by government for official purposes. As in PoS networks all "coins" are already mined/forged and the owners of coins only confirm their transactions. One usage for this: voting 

You build a blockchain network and forge a coin to each voter. Each person got their own coin and spend that with a vote. It's safe and cannot be hacked, everyone can easily vote from their mobile phones or PCs instead of using paper. Environment damage is severely reduced and won't have evil corporations managing the network... well unless the government is corrupt 

Of course I'm just brainstorming. An official application would need a more sofisticated system to prevent frauds 

Oh God no please don't drag voting into this.