Quote from: mammothine on March 23, 2018, 03:10:29 AM

Quote from: anotherlateminer on March 10, 2018, 09:45:05 AM

Second this.

Devs, please turn this coin into POW/POS hybrid or 100% POS, it will stay "eco-friendly" but be much more secure. Zero reward POW is not gonna work, look what happened to IFC, for example.

I think the reward system could work. Devs have clearly decided this isnt mining for profit, but mining just enough to secure the network and earn enough to pay for your own transactions. I think, too, that there are other possibilities for the network down the line that may make us all think differently about mining for rewards, ie, if the ideas that will run on top of Lynx are good enough, there may be plenty of people willing to support the network for free, just to enjoy the benefits of greater returns in Lynx. Just a thought.

I don't agree with PoS variants cause I don't know any good imaplementation of PoS which could work fast while syncing after 1-2 millions of blocks, i.e. 1-2 years in the case of Lynx blocktime 30s.

I like idea of PoS very much if PoS is very low, but current implementations of PoS are very bad for longer term coins.

Possible implementation of the merged mining is good idea.

This I already wrote so you can comment:

"Lynx coins works very fast when you need syncing or resyncing. All my PoS coins are very slow at that jobs, totally uncomparable with the speed of Lynx. I think only one PoS coin which should consider is Peercoin which does not have problems with syncing speed. Novacoin or Blackcoin clones are very bad when coins is more than 1 or 2 year old, by my experience."

"I will test syncing all of this coins, maybe I will change my view: https://coinsutra.com/proof-of-stake-cryptocurrencies/ "

"First I tested PIVX coin. Syncing of the whole blockchain lasted more than 4.5 h. Coin is old about 2 years. Problem which will became extremely big (just like with the vast majority of PoS coins) is exponential growth of time needed to synchronize the blockchain. It means, first year was synchronized at 1 h, but second year required almost 4 h to finish sinchronization. I think at the next years this coin will become just like the most of the other PoS coins where you have to wait big time, few hours or evan more time to synchronize for example 1 last week or 1 last month of the newest blockchain data.
Also, PIVX has block time 60s, and Lynx has block time 30s. In the case of the introducing PoS and the same/similar way of the calculating PoS, Lynx could have big problem with the blockchain syncing after 1 or 2 years after the possible PoS forking time which will escalate further with the time and the acceptance.
At the current state, Lynx syncing time is very fast. Similar coins which is reviving last months is Argentum which became similar to DigiByte (I think). Argentum's syncing is also very fast, a bit faster than Lynx cause of block time 45s. In the recent forks, Argentum introduced 4 new algos: Lyra2re2 (GPU)
Myr-Groestl (GPU/ASIC)
Argon2d (CPU)
Yescrypt (CPU/GPU) as addition to scrypt and sha256d. I think while mining each algo is used to mine one coin block after previous one which is mined by previous algo from the algo serie.
Maybe this DigiByte/Argentum multi-algo coin way is better than introducing PoS. What do you think?"

"PoS implementations is very bad on every coins i tried, except (MAYBE) in Peercoin which has bigger block time than Lynx for example. Such coins are not suitable for regular and longer term use. For those coins with short blocktime like Lynx has, problems with the long time syncing startss even at its 1st year and despite its no wide acceptance. If this coin is short term game, then everything mentioned is not important."

Additional: PIVX is 2 years old coin, and now it has only 1 million blocks, and at this moment its PoS and masternodes implementation seems better than implementation at Novacoin or Blackcoin clones. But exponential growth of the syncing time is easy to notice by measuring synced blocks and passed time. At the current time and state this implementation is quite good.

I have more than 10 PoS coins, and all of them are very bad, very slow while resyncing after 1-2 millions of blocks. I think all of them are based on Novacoin or Blackcoin, and all of them have bad implementation while syncing (very slow, it depends on the current number of blocks in the blockchain) including Novacoin and Blackcoin.

Current implementation of Lynx is very fast, Lynx is one of the fastest coins while syncing or resyncing and I like that very much. By known PoS implementation it will be heavy ruined after quite short time, I think and would not like to check it.

Which coin have the best PoS implementation and don't have slow syncing or resyncing which getting worse exponentially by the time? (coin should be old more than 2 years, and coin should have more than 2 millions of "PoS-ing blocks")