Re: [ANN][NEOS]Neos v2.1- Blowfish, 2FA, Theft Recovery, Decoy System - SHA-256
What do we have the next in our pipeline?
I'm experimenting with some blockchain ideas, but we're also entertaining the idea of PoS. We don't want to go the traditional PoS route, we'd rather do something more unique and productive. There are still a few features that need some further work done in 2.1, but that's pending for a few reasons. It's definitely been a busy period of time recently and bound to only get more intense.
Best regards,
syntaks
POS is a good distributed approach, but can also prove to be quite risky as it often has blockchain issues. Many coins have died off after a wrong implementation. When done well, on the other hand, it is less centralized than PoW is, so I prefer it.
Hoarding of coins is an issue, though.
We've thought about this and share the same feelings, believe me. I'm not a huge fan of PoS, however, I have some ideas I'm going to be fabricating into a staging chain and I'll release details after I've verified it's feasible. =)
The main issue usually is blockchain bloat, as so many people have to be rewarded, some time with several addresses containing tiny amounts of coins. Perhaps a threshold for minimum amount of coins to stake could work? Require addresses to have at least 0.01% of total coin amount, for example.
Looking forward to the progress!
