Post
Topic
Board Announcements (Altcoins)
Re: [ANN][FAIR] FairCoop launch Fairmarket Alpha testing version
by
matthewh3
on 19/05/2015, 22:17:44 UTC
Not sure that DPoS would be wise in the context of faircoin. Faircoin is somehow already centralised with faircoop (im not saying that this is bad), but DPoS would make it even more. In the end, DPoS will make it a political game to control the staking. Also, DPoS seems to me like a ponzi scheme, where staker dump on others who invest in the coin.

I think that PoS protect the network more than DPoS. And for the rich getting richer with current faircoin PoS, that argument doesnt not make sense with an inflationnary coin like faircoin. In the end, everyone loss value in the long run, but im ok with that since inflation promote spending. Overall, argument of rich getting richer is ok for coin like Nxt which number of coin is constant in time but not with faircoin.

It doesn't make sense for most FairCoin users to currently run a full staking node.  And only really makes sense for large wallet holders to do so.  Which means only they'd benefit from the staking and the largest of the largest wallet holders would benefit the most.