I'll need to do some research on the POS problem you're referring to. For now, I did pick up a few BTC worth, sold when it doubled to regain my principal, and am just letting the balance ride. The dev has some interesting ideas, in any case.Proof of Stake?! You're joking, right?
If there is nothing of value (processing power, electricity, money, real estate) "mining" the transactions and creating new coins, then it is no longer a cryptocurrency. You can't even call it a blockchain in the same sense that you call bitcoin a blockchain. You're trading around tokens of someone's centralized ledger. Do a search for the "nothing at stake" problem.
Stay FAR away from any coin that has no mining, unless you're just going to (dangerously) ride a short term "pump" (you can't even prove THAT is actually happening!) and get out quick before someone pulls the rug out from under it.
EDIT: all proof of stake coins are by nature, scams. It is not a matter of if, but when the creator chooses to steal every single externally-contributed BTC from unsuspecting, blindly trusting investors.
Why do you feel "Darkcoins->DASH" created "darknet vacuum"?whether it fills the darknet vacuum left by Darkcoins name change
There is no vacuum you speak of. As a matter of fact, Bitcoin is still the leader in the Darknet. Dash is rebranding to distance it's perception that it's only utility was for nefarious purposes. Cash is used for nefarious purposes, but it's not called Dark Cash. Sure the anonymity Dark Send provides could in theory be used for lesser than legal purposes, but nobody can control that anyways.It will be interesting to see how this coin develops, whether it fills the darknet vacuum left by Darkcoins name change, or implodes as a scam. Anyone else watching this develop?
If I understand, Dash is not moving from point "A" to point "B", leaving gap in "A"...I think you both misunderstand me. I think the direction Dash has taken is a very good one, and I've been all for it. It's no secret that many others are upset with the name change and the new direction Dash has taken. CRAVE supposedly fills that gap.
It's 2 year old implementation by one of the guy from ru community on btct- First coin with native i2p network
apparently. Since they used huge chunks of Dash's code perhaps we should make use of some of their work?
Between the POS rewards and MN rewards I suspect their emission is fairly high and general POS PnD feel I'd be very cautious of this one.
I like your thinking. Everyone and their dog is adding Dash code. Share and share alike I say.It's 2 year old implementation by one of the guy from ru community on btct
The "dev" did nothing so far but a copy/paste of everything he can found... It could be quite useful though to have all code we might need later in one place