Quote from: auden on January 19, 2017, 09:43:44 PM

A key value proposition to some of the most successful cryptos is the concept of a guaranteed limited supply (bitcoin - only 21 million will ever be created; similarly hard caps for NXT XRP, LTC MAID, SCJX and others...)

I would VERY strongly urge reconsideration of going to a POS system if that means the hard cap of ONLY 5,000,000 (five million coins) is lifted; low inflation is NOT a consideration - I want precisely ZERO inflation with respect to a maximum number of units that will ever exist

Instead i would focus on imposing some sort of transaction fee minimum or some other method.

I am working on supporting a group of coins and for that purpose I am only interested in coins with a hard cap... the reason I got some BTA in the first place was due to the 5 million hard cap - that goes away, and so does my interest in the coin...

If you can come up with a way to do POS WHERE THE MAX COINS THAT CAN EVER EXIST AT ANY GIVEN POINT IN TIME REMAINS AT 5,000,000 then I am OK witht he concept of transitioning to POS

(just my two-cents for what its worth)

Thanks for your feedback. Your point is valid and correct.

Just to recap, it's POW / POS hybrid and yes mapping has been done to ensure we will have a total number of coins, which fits in with the POS / POW model.
This figures have been worked out and all will be revealed when before the switch. We are ensuring that everything works before it is released.

All details will be updated across all forms of communication available to $BTA.

We are nearing the 5 million Cap already, which would effectively shut down Bata's blockchain and future.

I have taken note of other coins and what happens with pure pos.

$BTA had a long pure POW period and it would only be fair to any newcomers and holders of $BTA that future ensures the same kind of returns, more details are provided previously about this in this forum.

After POW / POS is introduced, then we will see the Decentralized Barter System released and $BTA will then become a key component to replacing a "Trade Dollar", with a currency that is fully tradeable for many other cryptocurrencies, Bitcoin. $BTA can be used to leverage opportunity that a traditional Barter system cannot.