Oh wow, so they just killed the inflation and dilution dead in its tracks.
Somebody knows Econ 101. Haha, shocking how such few devs get basic value of money principles.
This next run should be good...
Reading 101
PoN
PoN and PoS work Hand in Hand starting with Block 100K.
Each Node has to have it is own IP to be able to mine and create Blocks. The Algorithm below show you the Concept, we will publish a Whitepaper and also a Proof of Concept soon.
seconds = ((first 4 bytes of as integer) sha256([node IP] [last blockhash])) * difficulty / (2 ^ 32) * (15 * 60).
This way, difficulty will adjust to about the number of nodes.
When the time has elapsed, the Node created a Block and send it to the Networks. Each node will confirm this Block by connection to the Block Creator Node.
(if not already within his Peers) - just to confirm the Block Hash.
PoN and PoS Blocks are altering, only the last PoN Block is verified by IP (as IP's might already be gone)