I like the move to pos....but interest rate of 30% is too high and will not make for a token that will appreciate in value that much... if at all.
only saving grace is its not a dpos..thanks for that.
you want a real world token with real world use...use real world rates of interest...not some gimmicky 30%
also not understanding switch of algo....both take specialized asics ...and at this point id think more people have scrypt miners than x11's...so mining scrypt seem more spread out. would think only a few people invested in x11 machines. just look at MRR maybe 130 x11 rigs for rent....while there are 450 scrypt miners for rent.
i liked this project..but with changes now i am some what skeptical
X11 runs cooler and is more efficient. Bitmain are shipping their new asic x11's in September, both rounds of sales have sold out with in hours. The demand to mine X11 coins is going to go up dramatically as miners look for coins to run their new machines on.
Why will demand grow? They sell the coins and no buy them ..