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Post by Admin on Jun 28, 2013 16:37:18 GMT
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pc
New Member
Posts: 7 
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Post by pc on Jun 28, 2013 19:47:58 GMT
Hi,
first of all, thanks for your novel idea with the 100% premine!
I liked the idea especially because I've thought about something similar before. What I was thinking, however, was a PoS-only coin. One of the problems of Bitcoin and all the other PoW coins is that with the block reward getting smaller and smaller the hashrate will get smaller too. Sooner or later it will get small enough for a 51% attack.
Now, if any PoW-coin is doomed, the logical next step is to get rid of PoW and create a PoS-only coin. I haven't yet fully understood the details of PoS yet, so I'm not sure this would really work. But I think implementing PoS would be an important next step.
pc
Btw, I know this is not a new suggestion. I just think it would be right.
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Post by Admin on Jun 29, 2013 0:53:10 GMT
If this generation of the coin fails or has errors, I think that would be a good next step as well and I will do my best to implement it in the next generation
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