Thanks, i will give it a lookin.  However  Me  too......  

I would like to open a debate over PoW vs PoS and FORKS

The difficulty miners experience will increase dramatically very soon in our current (PoW), we need to sort that.    This can only be done via a fork so we need to ALL be in agreement unless you want a “Splinter Classic” chain as well as a Classic chain.

I asked Charles if we could soft fork to fix it. ---  

Charles: "It can only be defused by a hard fork. It requires changing rules in the protocol that current nodes would reject."
 
greenuser: I have often wondered what would happen if it was just very very difficult to mine? Would it not become more scarce? More valuable?

Charles: "That would destroy any PoW algorithm based blockchain. Mining difficulty is continually adjusted to allow the network to be secure and allow blocks to be solved within a targeted time frame. Setting the difficulty arbitrarily high, would discourage miners from mining because it would make blocks harder to solve, and therefore they would generate less rewards for a greater expenditure of computational work. You would have to increase the market value of that coin exponentially to compensate, and that is impossible."

Please post your feelings....

PoW vs PoS. Currently miners mine the transactions and receive a block reward, Yes? If you have no miners, who will process the transactions? If the transactions are processed by nodes/validators and they receive a % of transaction fee... that would work too. However: “ethereum” wanted PoS with only 250 validators and you would have to pay to be a validator, that is feudalism in my eyes.
If you had a PoS/PoW hybrid you could satisfy both parties.
I would want to see more than 250 validators. What about a wallet where you could stake some of your ETC. Every wallet would have the facility so anyone could hold a stake. Dividends could be paid out from the transaction fees depending on your stake & amount of node %uptime.
You could mine to your wallet and stake a percentage of your choosing and get paid a dividend on that stake.


I plan to put this to Charles, what do people think?