Quote from: poiseulle on August 07, 2017, 02:01:00 AM

Quote from: 27aume on August 06, 2017, 11:30:33 PM

Quote from: firehead25 on August 06, 2017, 06:34:26 PM

Quote from: Tehfiend on August 06, 2017, 06:04:42 PM

Quote from: poiseulle on August 06, 2017, 03:58:24 AM

I like NEM project, but I just fear that with MasterNode and POI, coins will be more centralized to just a number of people. Not good for long-term development

Actually the opposite will happen. Every time the price suddenly increases some supernodes cash out and take profit. If the number of supernodes decreases too much they will lower the required balance to fund one. This increases distribution of XEM and thus increases decentralization.

The more the price increases, the more early adopters will cash out increasing the spread of distribution. The higher the price goes, the harder it is to accumulate as well.

I also think that PoS is superior to PoW because to participate in the 'shared-trust' of the network, you have to buy in from an existing stakeholder unlike in PoW where you only need to acquire mining hardware. It would be incredibly difficult to secure enough XEM to successfully the attack the network. In PoW, it would be very hard to detect a bad actor who is accumulating or researching advances in mining hardware to attack the network.

I already see articles that some areas are banning crypto mining due to power shortage. This would be a big issue if we want mass adoption.

I approuve and that why Nem delagated harvesting allow more people to enjoy harvesting with less H.ware and matherial! i like the concept im more scared that the coin stay stock in 5th or 4th place because of the high fees Sad

Very constructive discussions. I also believe the environmental-friendly PoS of PoI is better, and dynamic changes of # of supernodes as price fluctuates make sense to me.
It's also true that transaction fee (10 NEM?) will be too high if NEM reaches .5 or >1 someday.

Transaction fee is 1 xem for every 10000 xem and is going down 20 fold to 0,05 xem this month

"xem transfer costs 0.05 xem per 10000 xem transferred, capped at 1.25 xem, so for example transferring 45000 xem costs 0.2 xem"