PoS


"Among these promised innovations is a move away from bitcoin’s traditional proof of work (PoW) —a consensus verification mechanism that requires lots of computing power to verify bitcoin transactions and add them to a blockchain. 

"Replacing PoW would be a proof of stake (PoS) system using far less energy.

"'Bitcoin will never move to proof of stake,' Molly White, a leading crypto researcher and critic, told Mongabay. Nicholas Weaver, a researcher at the University of California, Berkeley, agrees that the necessary industry consensus for PoS will never be achieved.

"Chris Bendiksen, a bitcoin researcher at CoinShares and one of the world’s leading experts on bitcoin mining, explains further: 'I’d put the chance of Bitcoin ever moving to PoS at exactly 0%.' That’s because 'There is no appetite among Bitcoiners to destroy the security of the protocol by making such a move'."


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