Quote from: AIRcoin on March 04, 2014, 11:13:09 AM

Quote from: mudshark79 on March 04, 2014, 10:55:52 AM

Quote from: AIRcoin on March 04, 2014, 09:56:54 AM

Quote from: mudshark79 on March 04, 2014, 07:46:18 AM

@Teamaircoin:

I'm not sure if this question already came up somewhere in the past 20 pages ... so: why didn't you choose some fancy algo or some POS ingredient to the asset? To keep things simple (in terms of avoiding POS) or to even attract ASICS in the near future?

Regards

Initially, simplicity. Our time and energy is spent on the economics of the coin, and we didn't feel that (at least at launch) the effort and complexity put forth in a POS system would have significantly improved the economics of the coin. Instituting such a system (especially if Scrypt ASICs move in faster than we anticipate, we believe we'll be able to adapt the code earlier) is not out of the question though.

In the longer term (months), adopting to a more environmentally-friendly or economically viable POS system may be advantageous.

As my question did cover POS and alternative Algos also and your answer didn't clearly reflect on the second:

If I got you right, you do consider moving on to a Proof-Of-Stake AND/OR a different Mining-Algo (Scrypt-N, SHA-3) also, if this gives advantage to the project as a whole?

It is said that both this options can be applied to an existing coin afterwards forcing a hard-fork, but if I think about it no example where this actually really happened comes to my mind, not counting "blockchain-resets" ala Memorycoin.

Regards

Depending on the effectiveness of this coin, we may launch different versions alongside it or run more experiments with the code, and both Proof of Stake and special algorithms are on our "to-do" list of experimentation. However, these are not high priorities with the code right now, but are future plans.

What do you mean by different versions? Something like Bitcoin/Litecoin, where one coin is "gold" and the other "silver"?

P.S: I want to thank the Dev-Team for the professionalism and the energy you put in EVERY post here in this thread. I've never seen this kind of commitment from other Devs. You really take the doubts of the Aircoin community serious, and answer all our questions! The politeness of this community also baffles me. Thank you all! It's always a pleasure to visit this thread and to read all the posts.