Dude. Read a little about paycoin. It's not only mined by Gaw, anyone can technically mine (or "stake") if they have coins. If it was forked, then all you'd need was enough people moving over to the new fork to sustain it.
Dude. Learn something about cryptocurrencies before making statements. Please!
The Paycoin instant transaction feature is not achieved because the protocol is "magic" but because the mining is centralized.
Otherwise every alt-coin with the POS algorithm in the cryptocurrency market can achieve instant transaction time (Peercoin and many others).
POS and minting has nothing to do with instant transaction time.