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.
Bill, I on personal experience will help people understand what is best.
When POS coins come, confirmed by the network have more than 600 confirmations at one point become orphans, and this has been going on for a long time.
My opinion is that the code is specially registered so that coins are received by someone one and not by investors. This coin will not give you the opportunity to earn interest on POS because its code is broken and earns only those under whom the code is written.
I'm not talking about investing in a few million, I have more than 11 milliards and even I get only orphans.
And if it were not for a new team, I would not spend a cent on this coin. Proceeding from all told I will translate all in new $ PAC and I will fairly receive the percentages from master-nodes.
And your coin depreciates as it is broken and the price will depend only on the repurchase policy for the new $ PAC, I remind you that this is:
Mar 1st 2018 - Public coin redemption begins 1000: 1 PAC -> $ PAC
June 1st 2018 - 1st redemption window closes 2000: 1 ratio
Sept 1st 2018 - 2nd redemption window closes 4000: 1 ratio
Dec 1st 2018 - 3rd redemption window closes 8000: 1 ratio
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