Quote from: fusecavator on March 05, 2016, 04:10:48 PM

Is PoS really suitable for a primarily asset based chain? Normally in PoS you're intending on trusting the majority of the wealth, but with an emphasis on assets, the majority of wealth may be the assets themselves, so instead you're trusting the majority of uninvested wealth. Is that still sufficient?

There's a very interesting development in this direction now, which James (jl777) is persuing with BTCD - Sidechains secured by assets. So an asset
can secure its own chain.
If you secure the whole network with assets you may face some problems, the most obvious is asset issue is not limited, there can be quasi-infinite amount of issued assets.

What I plan to do with POS is to start with a plain NXT-like one, and then upgrade it to some kind of more robust. A bit similar to delegated POS but the tech will be very different.

To be frank I consider classical POS good enough for all intents and purposes. Nothing at stake arguments are more of purely theoretical nature.