I have relayed this message to veternus.
Last question Bill, could the current dev release patch to cryptopia and yobit? I thought when it comes to the original pac, you have the final say?
Thank you for creating this wonderful coin.
Thanks for the kind words, and I don't have the final say, the exchange has the final say. I don't think the patch solves anything, unless you want to mine paccoins without getting orphans.
See what these people don't understand is the
point of proof of stake. (Read Peercoins whitepaper on this.) The idea of proof of stake makes so much sense.
If you own a lot of paccoin, you have a stake in it. If you don't have paccoin not so much.
Another point is Proof of Work PoW networks are subject to 51% attacks. Proof of stake (PoS) aren't. Their idea is to give miners a way to override proof of stake users. So if you implement their code, you can forget ever getting any proof of stake because the miners will overrule you, and you get nothing but orphans. They're turning paccoin on its head.
Another benefit of the current design is there is less incentive to mine paccoin, and more incentive to buy it on the exchanges. This drives up the value.
Their idea is pump and dump.
My idea is buy and HODL.
I'll leave it to the rest of you to decide which is best.