Post
Topic
Board Announcements (Altcoins)
Re: ๑۩۞[ANN][ ₭ARM] Karma & Karmashares LLC // New Windows Wallet
by
ShawnLeary
on 09/05/2014, 01:36:06 UTC
Karmashares did it`s job. It is time for POS on 51-52 bill and push for BTC market. We voted for it and I think we should do it, if possible. No need for waiting anymore. Different signals to the markets are no good in long and mid term.

Are you joking ? Karmashares just started its engine two weeks ago, it has almost no ''power'' for now, all is coming in few future weeks with the 3 IPOCO websites projets (Lill, Wespond, Hireplex). Once they will be open, Karma will start to be very HOT and attractive !

I am looking long term, if we are able to make it and succeed and stay PoW only, we will be celebrated.  If we switch to PoS and succeed there will be an asterisks there.

Do we really want to follow BadgerCoin?? http://badgercoin.info

I mean, this is Karma, we are a LiteCoin clone like Doge.  We have a clearer vision and better plan of action than most.  Let those other coins pander to the quick buck and go PoS.  In terms of securing the networks, there are already theories of joint mining where we piggy back onto another clone for merge mining (http://www.cryptocoinsnews.com/news/charlie-lee-proposes-merged-mining-ltcdoge/2014/04/08) and strengthen each other's network against a 51% attack.

There are going to be tens and maybe hundreds of other coins wanting and willing to do this at some point.  Maybe Karma will lead the way with merge mining?  

We have PoC already in action and in the long run will gain much more supporters through the respect and perseverance of staying PoW than messing with a hard fork to PoS which could potentially lose coins that were mined properly.  

I look at going PoS as a last ditch BadgerCoin effort, if we are at 5 Litoshi near flatline, auto PoS activate!  Let's hang tight right now and see how this unfolds.  Again, I am not against PoS if we all agree on it, just don't want to jump to anything before it is completed vetted and all current and future options are weighed.  Smiley