I am not deeply involved in the Paycoin mess, sorry for this really basic question:
Are there still "primenodes" (or whatever they were called) frequently receiving large numbers of new coins?
Can "the community" edit the code and eliminate the large rewards for elite accounts after Josh is busted?
There is a hardfork planned by "the community" for April 20 to reduce the staking rate to 100% from 350%.
Still it rewards a small number of wallets (50) with a disproportionately high rate (100% vs 5% regular rate).
But you have to include that there is a specific plan agreed to by the Prime holders to actually destroy the amounts of coins generated in excess of current numbers. There's also a plan to revisit this for the next round. So we really just have to see how this plays out!