Quote from: cryptozim on February 27, 2015, 08:14:05 PM

Quote from: coinsolidation on February 27, 2015, 04:07:31 PM

There is rough consensus between those actively involved in Bitmark that:

1: Any decision on whether to implement this should come after Marking is Ready for Market.
2: Feedback on the proposal should be collated, and reviewed at our Sunday meetings.
3: Discussion should not detract from our key focus, which is marking.

Thanks,

My opinion is that the algo should be implemented as soon as possible. Say what you want about supply and demand, demand vs price, and Marking not being implemented, but part of the reason that people aren't interested in Bitmark is because it takes a full day (sometimes two) just to complete a transaction.

The talks about mining and algo are always centered around coin supply, but ignore the fact that minting coins is a side effect of mining. The purpose of mining is to secure the network and facilitate transactions. But, because there is no incentive for mining with the current diff, that part is failing.

+1

I mined some BTM back in November and still wait for them to get paid. As a miner, it makes no sense for me to mine this coin.