Quote from: sairon on January 04, 2014, 01:00:54 PM

59% yearly interest for early adopters, sure. Screw the later-coming big investors when the PoS difficulty gets higher and interest lowers significantly. Good way to discourage promotion of the coin and thus adoption.

Quote from: Balthazar on January 03, 2014, 03:01:46 PM

1) You have to maximize an active weight. It doesn't matter how you do so, but you have to do it for any price (even for constant trolling from ignorant kids), because that's necessary to survive.

You can freely choose another thresholds or function, but the reward shouldn't be fixed. Actually, you have a choice between red and blue pills right now... Logic vs. Emotions/Sanity vs. Morality/Practice vs. Worthless ideology. Worthless because the fixed RoI means no self-regulation, thats why it opens a security hole. Absense of self-regulation is just another type of centralization.

Quote from: sairon on January 04, 2014, 01:00:54 PM

Quote from: Balthazar on January 04, 2014, 12:39:22 PM

Quote from: sairon on January 04, 2014, 11:15:03 AM

Anyway, I've got the code changes ready. You're all invited to review them. https://github.com/saironiq/yacoin-cc/commit/acf917a2c42cb947b08a9a7878ceafd6045ea24c

Good example of simple != better statement. It will help you for one threat, but opens another hole. Actually, such fix is less secure than calculate block trust using an original algorithm. It can be forked without a significant part of stake or hashpower by running a parallel chain at lower PoS & PoW difficulties. Because it makes no difference between coindays consumed or hashpower wasted. One CPU is able to beat the entire network.

The same is true for Bitcoin. That's what the hardcoded checkpoints are for.

That's not true, it seems that you don't understand Bitcoin quite well.

1. Bitcoin is able to make a difference between diff1 or diff2 blocks, one diff2 block can't be beaten with one diff1 block.
2. Hardened checkpoints only purpose is to be a trigger for signature checking optimization and protection against compromised ISPs. And you can disable hardened checkpoints verification in bitcoin.