That's fair but from what I understand POG will be highly unpredictable on the rewards (according to Rob on the other forum), which also defeats the purpose of having a pool (for predictability).
Regarding the stake of PODC....wouldn't it be simpler to just remove that stake requirement then if that is an issue? (I personally like that stake requirement)
If we removed the stake requirement alone, it would remove 1 piece from the puzzle, but would leave all the rest of the complexity in place.
I will also add that this potential massive increase of coins being liquidated every month (from the foundation tithe) worries me as an investor.
Fair point, and I agree this is a concern, though it could be spread around the month better I think than the current monthly cycle.
I appreciate the discussion and concerns, better to work through them now than after a change is made.
Well that's the thing, I'm not sure what POG is solving compared to what is already there and so far I have not seen any convincing argument for it.
I do not see what POG is currently solving that needs to be solved to make us more attractive (as a coin) and/or that can not be solved by either PODC or heat mining in their current state or with very small modifications. On top of that, I think that resources could be directed to more "critical" areas that would make us more attractive to users. UI/UX improvements, writing letters in the wallet, displaying the children we are supporting there, accountability in the wallet, etc.
From what I see currently, this is just mainly a way to provide more coins to the Foundation which I do not think is the way to go or would make us more attractive. Especially since it keeps adding supply (removal of stake and more coins being liquidated by the foundation) without having any convincing positive effects on the demand.
I say let's wait for more inputs on the question and it will hopefully help us move the discussion forward.
This argument against is POG is almost as like you are saying I created it in a delirious state and have no idea what I'm proposing.
POG is 90% simpler than PODC - let's at least not spread FUD to the masses to make a point. It only has one variable : tithe_weight for a person to know about (thats how much in total you gave in relation to others over a 24 hour period). Anyone can grasp that concept.
In contrast PODC has a dictionary of acronyms - I think we went through this exercise last month with MinersOfMen, he was asking about CPID, Magnitude, Task Weight, UTXO, RAC, supporter sites, sancs, contracts, staking or mining, superblocks, and even after that I don't think (a new user) will actually understand all of it unless they really want to stay with it.
As far as receiving more coins in the foundation that is a good problem to have.
No it is just saying that I am not convinced by it, that I have not see anything that would convince me that what it is achieving can not or is not already achieved by current algorithms and that other things would probably have a greater impact to me. Let me list them again: "UI/UX improvements, writing letters in the wallet, displaying the children we are supporting there, accountability in the wallet, etc."
Also, what are the advantages of POG compared to the current heat mining? If you're talking about the built-in pool, you said yourself that POG will be unpredictable and promote (and I quote you)
"...the act of giving and being rewarded uncertain. What this does is forces the giver to give based on expecting nothing in return..."
which to me seems to be defeating the purpose of even being in a pool (predictable income) and potentially scary as a miner.
Finally on the extra coin for the foundation (and removal of stake), that might be great for you, not so much for someone looking to invest. You have to take into consideration the interests of all the stakeholders.