Quote from: SpicaCoin on September 15, 2017, 05:39:42 PM

Quote from: tlccyq on September 15, 2017, 04:34:55 PM

The currencies that cannot POW are fake

Pow or not is not the main factor for a cryptocurrency to be currency.

The main factor is the value it has that's maintained by exchanging and trading.

For blockchain technology, POW is still important because of some security issues.
However, POW is just temporal and soon (in years) to be extinct.

The reason is so simple. POW is an anti-environment protocol. It burns a huge resource of fuel and energy.

In contract, pure POS has some security issues (In fact, there's no double attacks to happen with POS coins); however it still has full features of a cryptocurrency. Block is pushed forward smoothly, quickly and secure.

For SPICAcoin which is developed aiming at micro-payment, you will experience the fast, secure and convenient when using SPICA wallet.

What is its superior features comparing to other coins? (such as Litecoin, Dogecoin,...other POS coins...).
The first, with a supply of about 10.000.000.000 SPICA, any transaction that transfers under 100.000.000 SPICA is processed instantly.
With lower supplying coins, transferring that amount of coins will cause a delay on network due to the overloaded transaction.
The second, to be a pure POS coins, SPICA wallet is able to totally synced only with 1 opened node. With POW coins, network is online when there's enough mining power. If there's not enough mining power, a POW coin will be out of work.

POS is a way to encorage coin holders to hold that coin for long time and secure the network.
With SpicaCoin, 25% staking interest per year is so interesting and promising.
This number is definite hard to cause much inflation.
Inflation or not depends on the development of the whole project, not on the annual interest.

That's really good advantage of Spica coin. So I think holding this coin might give you something in the future. It will slowly gain loyal followers.