Post
Topic
Board Altcoin Discussion
Re: Quark investors - Quark information on cycles and the push to move towards PoS.
by
BugSpirit
on 27/05/2014, 14:55:33 UTC
PoS provides:
-- additional security (different source of blocks)
-- reward for long-term adopters and holders
-- economical stimulus to maintain a full node

PoS if implemented won't spoil Quark monetary model (0.4% or 0.5% inflation p.a. is a little price)
PoS don't even connected with price or a position on a graphics. It's pure techical issue, an additional layer of security, an important one on a low hashrate.

Quote
PoS suffers from a "nothing at risk" problem.  An attacker can use coins they no longer have but did have at one point in the past to attack the network.  Actually there is no reason to not do this.
And this is serious. Need to do some research.