Bitcoin has a current inflation of about 11%
Ethereum seems to have a initial inflation of 50%, based on the info.
Why not proof-of stake? Fixes the inflation and the 51% attack problem.
Cool project though. Can't wait to get more info at Miami.
Vitalik had trouble solving the "fork" issue, that is, that when two forks arise in a PoS coin, there is no incentive for PoS miners to select one over the other. That is, they are incentivized to mine both simultaneously at the same time. He thought he may have solved it today, but didn't seem terribly interested in pure PoS, especially because you need to typically do a 100% premine.
There are other people I know who previously wanted pure PoS chains arguing about them for one reason or another now. I would guess that Satoshi himself/themselves also considered this (as it seems like the more logical means to construct a cryptocurrency network), but abandoned it for whatever reason.
Can you help me understand Ethereum. I can seemingly buy 200k for 20BTC, yet there is no interest earned or POS forging? Furthermore, there will eventually be 1.2Trillion Ethereum? I just don't get why there is so many units, I mean I get 2 Billion, but 1.2 Trillion? Doesn't seem like I'm getting a lot for my buck. Also, why POW, it's an incredible waste of resource.