Re: [V] Version [V] | SHA-256 PoW + 60% PoS | Personal Storage Vault v2.2.0.0

anyone doing a mining and faucets for this one?

Faucet is up at http://cryptoguru.tk/Faucet/index.php?Currency=V
No active pools at the moment.
BTW, I'm thinking of switching off POW part for good, probably would be better for V network.

Good to see you more active on here, bro! If you think that shutting off POW is a good idea, then let's do it. My wallet now gets anywhere from 9 to 12 active connections. It was only 5 or 6 back in September. Any other plans for the V that are in the works?

I will post a new wallet version soon - with new staking engine and probably will add code to shutdown pow in a few months. Almost ready, just needs a few tweaks

That would be most excellent.

Can you expand a bit on the shutdown of PoW - what difference will that make?

Inserting POW blocks into blockchain adds a lot of extra load to coin network - chain reorganisation, etc.
V pow reward is low, sometimes there are no miners at all, sometimes someone jumps in with huge hashrate, difficulty jumps back and forth greatly which adds more instability.
Also with pow blocks blockchain size grows much faster.
Not decided yet but I see no pros to keep pow part.

Thanks that was helpful.

Would be interesting to know how many people are mining (PoW) vs staking but it certainly sounds as though PoW could be turned off. My only concern would be to ensure that the chain keeps moving when it relies solely on PoS.

Noise,
Thanks for the update! As I see it, there are not many benefits to keeping POW. You've got my vote to shut down POW and allow V to be fully POS.