I vote for useful POW. Something like GridCoin, RieCoin. Something that will use hashing power noy only to secure the network but also for some really useful computing!
Does anyone have more examples like Grid, Rie, maybe? Has anyone heard of curecoin?
I believe the Curecoin devs have an algo ready but they didnt lauch the coin. Can we collaborate with them?
Check this out:
"CureCoin allows owners of both ASIC and GPU/CPU hardware to earn. CureCoin puts ASICs to work at what they are good at--securing a blockchain, while it puts GPUs and CPUs to work with work items that can only be done on them--protein folding. "https://bitcointalk.org/index.php?topic=330685.0Everyone Wins!