Post
Topic
Board Altcoin Discussion
Re: DOGECOIN to switch to variant of Proof of Stake (PoS)
by
devphp
on 05/07/2014, 09:17:47 UTC
having no hard cap and billions of coins guarantees a low price forever.

As if a hard cap is helping Litecoin that much Cheesy

Litecoin has a massive inflation now in double digits and will continue to for the next few years, Dogecoin's massive inflation is reduced each ~2 months with halvenings and by the end of 2014 will become manageable (less than Bitcoin's and Litecoin's for the next 5 years) to guarantee greater valuations of Dogecoin if the developers and community don't stop like Litecoin's devs.

A switch to PoS or some PoW+PoS combo is great, because it takes away worries of the 51% attack. After that Dogecoin has a chance to become a currency of choice for micro and small transactions.