I don't think so. I think he just wants to grow Bitcoin ASAP. You have to understand that we are at war...
I believe we might have to move to hybrid PoW/PoS down the line (next 5-10 years). We need TPS speed from PoS but we might need to keep Miners to ensure proper circulation of coins.
Why is it that pos makes it possible to do more txs than pow? I never understood this.
because PoW makes miners do math calculation stuff to select strongest miners. PoS lets any node process transactions within ~6 seconds.
What is the reason they do this?
GPU Miners are like Gaming Rigs with many cards. They generate around ~400 MH each depending on strength. Only takes a few AntMiners to disrupt a majority non-ASIC. Network TH>GH>MH>KH
This is why BCH is ASIC Only. GPU Mining Coins can get 51% attack easily.
Because you need Terahash (TH) Miner to even mine on BCH network. So network is filled with stronger miners only.
PoW requires very strong miners to be powerful enough to process a block. A single outdated miner is too weak to break even in rewards. Thus a pool of Antminers are required for profit
But validating the txs is the node's job, right ?
Validator coins scale very fast (1500 TPS). Not all BCH users will full node (DL whole chain), thus SPV which still works with PoS or PoW/PoS Hybrid. Unless ASICs become far stronger.
