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7503738

? Anonymous Fri Feb 9 15:51:23 2018 No.7503738 [Reply] [Original]

Why are POS and Tokens called CRYPTOcurrency even though they aren't actually doing any CRYPTOGRAPHIC proof of work ?

>>	Anonymous Fri Feb 9 15:53:01 2018 No.7503780 File: 60 KB, 640x640, 1482629456626.jpg [View same] [iqdb] [saucenao] [google] >>7503738 How does the Crypt Keeper buy his Newports? With Crypt-ocurrency!

>>	Anonymous Fri Feb 9 15:54:16 2018 No.7503817 PoS is, cryptography is used to both hash and sign transactions and blocks. The security of the system depends on the cryptographical primitives. Tokens are indeed shit

>>	Anonymous Fri Feb 9 15:55:19 2018 No.7503854 File: 49 KB, 483x328, IMG1602020252.jpg [View same] [iqdb] [saucenao] [google] im always late for work. My boss yells at me. i dont know what to do. crypto is my only hope for workimg on my own time.

>>	Anonymous Fri Feb 9 16:16:18 2018 No.7504433 File: 114 KB, 800x805, 59ed4918d0347b17d66fc30e-2-original.jpg [View same] [iqdb] [saucenao] [google] >>7503817 Yeah I know they hash the blocks but was cryptocurrency called crypto because of blockchain hashing or because of mining hashing ?