Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [SPEC] SPEC - SCRYPT -/- CRYPTOWATCHER -/- DEDICATED SERVICE DEVELOPERS
by
locohammerhead
on 29/09/2015, 18:25:04 UTC
Might I suggest moving to a PoW/PoS system?  Currently block confirmations are taking about a day or two at the current difficulty because someone with a rental keeps jumping on and jacking the diff up, forcing us who are consistently mining to bring it back to normal.  A Pow/PoS system would help rectify this problem by keeping the blockchain moving.

Ive been following this project since it was ANN'd and I think it has real promise if everything is delivered.  It could potentially hurt the block chain and cause it to grind to a halt if the difficulty was to rise too much because of multipools and such.  This is the same problem Bitmark came across and failed to rectify in time.

SPEC still has a chance to not make the same mistakes Bitmark did.

I completely agree with the statement above. Few of us have also posted and suggested PoS option as well.  In the long run it will definitely benefit the coin with the technical and market value side of things, in short make it more stable.

Hope PoS is considered.

Good luck.

I also like the idea of using a different diff retarget like KGW.  Other have noticed a HUGE jump in diff after 4 blocks are pretty much instamined.  So PoW/PoS with KGW rediff and the coin would be great.