Post
Topic
Board Announcements (Altcoins)
Re: [ANN] 42 | + | + super rare + | + | + | + only 42 coins to be mined + | + | + |
by
maco
on 11/03/2014, 23:51:34 UTC
Do you guys Prefer POS or KGW ?

KGW had an exploit recently, and this could affect every coin that is using KGW...
A patch is required. Currently, 42 does not use KGW (Kimoto Gravity Well)

The purpose of KGW was to avoid profit switching multi-pools for difficulty re-targeting basis. Should 42 have KGW?

or...

What about the POS Concept?
TX42 was the first to come out with the POS concept, and I think this might be what 42 needs.

Let's make a decision quick... tx42 is willing to help and a few others that have approached via pm.

The community is the key! let's all work together and achieve something together.


I'm willing to implement KGW for 42 if Hendo and Maco is approves it of. Smiley

I like my idea better. Move to pure PoS. It has several advantages:

1. No reliance on mining hashes so absolutely no pool jumping vulnerability.
2. Present coins jump in value because they earn interest for stakeholders.
3. Can still target total money supply to 42 coins.
4. Can still award transaction fees to miners.
5. Energy efficient. Saves the planet.
6. I'm already working on it!

go for the PoS it will for sure increase value of the coin

Yeah, I agree. tx42 seems to be working on it proactively. +42 goes to him.