Quote from: coinrevo on January 31, 2014, 06:15:07 PM

Quote from: r0ach on January 25, 2014, 08:30:10 PM

Just like Sunny "The Taxman" King, the Ethereum people have never heard of the word "Occam's Razor". There are hundreds, if not thousands of Arbitrary variables in Ethereum they get to tinker and play God with.

r0ach - what are your issues with Peercoin? thanks.

Ultimately its for the market decide. So I'm working on a market system which puts all at a level playing field. Then you have demand & supply establishing prices. As long as information is freely distributed people can evaluate all schemes on their own merit.

When examining proof of stake, the conclusion I came up with was, it's a more elegant solution to solve the problems proof of stake *attempts* to tackle, by simply not giving out unlimited numbers of wallet addresses, or limiting them to one per individual:

Bitcoin Capitalism vs Bitcoin Socialism and the inevitable death of Sunny King

https://bitcointalk.org/index.php?topic=395769.0

I believe NEM coin (NXT fork), is attempting to utilize this idea now. But then they taint and ruin the entire project with an IPO money grab.