TLDR
Litecoin provides no significant advantage over BTC now that scrypt ASIC's are in the wild.
If your not BTC or a POS coin then you will have trouble.
I wouldn't never invest in a POS coin , why would I spend my coins if I could stake them and get more? , POS encourages hording IMO and also gives the rich more coins for doing nothing.There's a reason why Peercoin won't ever be number 2 and it's 24 hour volume is $129,675 compared to litecoin's $2,105,900
I 100% agree. the concept of peercoin is terrible. 10 minute transaction times, waiting 20 days to get stake coins. Its a terrible setup.
If your only experience with POS is peercoin then check out blackcoin at some point.
10 sec transaction times
coins are available to stake after 8 hours so no need to hoard
1% stake annually
no ipo
no premine
I know I curse bitcoin's 10 minute transaction times. its infuriating some times waiting for btc to confirm. BC confirmed fully within 1-2 minutes.
honestly its simple, maybe too simple. You can see my sig so i am little biased, so take this with a grain of salt.