Re: IDEAL: no ICOs, no proof-of-work, no proof-of-stake, no governance, and no forks
After a closer look at the difficulty #s , carboncoin's difficulty only changes every 11 or 12 blocks .
So its basically needs more mining power or the dev needs to set the difficulty to update every single block instead of every ~12 blocks.
Signs of a dying PoW coin, IMO .
You're seeing signs of a self funded startup, over two years in, distributed at low value to people who agree with the ethos, providing the equivalent level of security of funds as other crypto-currencies on next to no energy consumption.
This is a real world evolution of the technology - it's not perfect, but it is doing the best we could as pragmatically as possible with what was available to us - and it is that fact which has clear synergy with what is proposed in this discussion.
We have the same security as PoS but there is no extra chainsize burden. It's not the number of people hashing it's the fact that they can hash that is important.
Troll's account is used for one purpose and one purpose only. He's been able to demonstrate no achievements whatsoever, and after countless attempts to appease and reason with him we have had no option other than to ignore him and continue to delete his arbitrary posts on our thread.
Do drop by: https://bitcointalk.org/index.php?topic=1131250