more questions...is this thing ever meant to stand on its own, or is it ever dependent on eth?...does the smart contract go on forever to maintain the token?...this is philosophically interesting....it appears to be "parasitic"... unless im wrong
The token *is* the contract. I wouldn't consider it parasitic. I think even Vitalik would like this because this would waste less energy overall. I attached my forecast for the usage of CehhCoin and its impact:
https://twitter.com/Cehhiro/status/965696520233390081. In other words, PPoW could let us mine every PPoW at the same time. While I think decentralization of resources is important, I think trashtier altcoins should just migrate into the PPoW system and stop polluting the blockchain space. Decentralization of resources with centralization of information access.