Re: Nexus [Niro] - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come
@The existing system already strikes a balance between large and small holders by restricting the number of consecutive pos blocks a single wallet is allowed to create.
If you implement more aggressive curve for this sistem ( restricting the number of consecutive pos blocks a single wallet), then in result you will reach breakpoint to stimulate the corresponding number of 24hour runing wallets.
Major problem of pos, compared to mining is that POS is more reward for rich, and small or nothing for small, this is reason why all pos coins suffer, insufficiently willing people to run wallets
If you implement more aggressive curve for this sistem ( restricting the number of consecutive pos blocks a single wallet), then in result you will reach breakpoint to stimulate the corresponding number of 24hour runing wallets.
Major problem of pos, compared to mining is that POS is more reward for rich, and small or nothing for small, this is reason why all pos coins suffer, insufficiently willing people to run wallets
Viz already discussed increasing the restriction on consecutive blocks just a few days ago. However it does not seem unfair those who invest more get greater returns thats just how life works. What i mean to say is your reward is proportional to ur investment how is that a "major problem"? I also fail to see how pos reward is somehow different from mining reward as the "rich" can easily afford more/better mining hardware anyway.
Mining reward is a different ball game, For a farm, may be. But even with having a couple of decent GPUs, NIRO's miner has always been the bottleneck for the green team, not really the hardware, so the 'rich' concept wouldn't make sense in this case (except for the already mentioned, farms).
Even with the under optimized nvidia miner a gtx 970 is 50mh/s + which is slightly faster than r9 280x @ 46mh/s +/- considering the power efficiency of mawell the difference is not that great. Having said that it will be great to see more optimized miners for both amd and nvidia cards.
There is no trade for two days back, Is The project is still running
