Ninjastic
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Board Altcoin Discussion
Re: DOGECOIN to switch to variant of Proof of Stake (PoS)
by
lynn_402
on 04/07/2014, 14:23:39 UTC
Quote from: El Dude on July 03, 2014, 11:25:28 PM
Quote from: thatguy3 on July 03, 2014, 10:34:15 PM
Quote from: El Dude on July 03, 2014, 10:14:03 PM
just merge mine with Litecoin stop being retards or get 51% when you're block rewards halve in 10 days and even more miners leave.

Merge mining with Litecoin puts a really high sell pressure on Dogecoin, effectively guaranteeing a low price forever.

Not to mention Coinotron does not breed a lot of confidence.

having no hard cap and billions of coins guarantees a low price forever.

The lack of hard cap would be irrelevant, if the coin was to switch to PoS, since the inflation would be equal to the interest everyone would get in their wallet.