Quote from: hamer-xx on June 27, 2014, 12:46:18 PM

I agree with Cayars

From my point of view Pow+Pos hybrid system looks more interesting.TEKcoin is good example, but with lower interest rate (maybe 5% - 10% per month)

I completely disagree. I'm a miner myself but miners don't support a currency in the way you describe. It needs to gain widespread acceptance and mining is irrelevant to the very people that need to come on board to make a currency viable.

Whilst I haven't sold any of my MNR - most miners seem to mine a coin and sell it straight away. This actually devalues a currency and makes it less attractive to buyers. Certainly we as miners are major supporters of the currency at present because we have the largest investment in it.

Continuing POW will only perpetuate the idea that this is a currency for miners. Combining POW and POS would be a disaster IMO as it would devalue the currency by increasing the rate of coin production. Much as we might not like it, the future is with ASICs, multi-algo mining and POS. I don't believe in making a currency that is purely for now.

Things move very fast in crypto and just thinking of a currency as a temporary thing won't inspire confidence in others to invest.

I've already had a lot of positive interest asking non-miners how they would feel about MNR going POS.

Let's not kill Mjollnir before it even gets going because we are too narrowly focused on our own little world of mining. For it to succeed it needs to move more towards regular people adopting it.

POS only (as opposed to POW+POS) is the way to achieve that.