Post
Topic
Board Altcoin Discussion
Re: StakeCoin Bounty
by
Etlase2
on 02/08/2012, 09:27:28 UTC
I'm not talking about fairness. I'm talking about proof-of-stake that includes everyone who pulls an equal amount of weight. There's no difference between premining and early adopters building bunkers. One versus a few still leaves many in a second class category. If you think you can push special tier privileges and expect ppl to go along with it, you're delusional. If you think there's nobody who can repeat the success of bitcoin, you're blind.

I'm not sure why you have your panties in such a bunch over proof of stake. The bitcoin protocol and ergo litecoin are not very friendly to decentralization on a massive scale. The design is to already make the many in a second-class category. The moneylenders and the debtors. It will be the same scenario all over again.

Define "pulls an equal amount of weight".
If a coin release schedule is fair, then everyone will have ample time to contemplate, design and debate it before it's released. So no unfair "early adopters".

LOL @ "coin release schedule"

"I will let you have coins when I SAY you can have coins!"

A closed monetary system is such a joke.