Re: [ANN][XC][OFFICIAL] PoS/Privacy

My opinion, among many parity features of XC vs. DRK there is one, 'instamine' that intrinsic to XC, and not intrinsic to DRK. People's psychology does not accept unjust feature such as 'instamine'. You may contradict with 'stake' feature. But to stake coins, one need buy them first, buying is not so psychologically comfortable, as minig on the equipment you already possess.

So I call on Dan to return the mining feature, and let XC be PoW coin again, at least 50% PoW, 50% PoS.

You forget that, for investors, one of the central features of XC is that its money supply is not being continually diluted by mining.

So no, we're not bringing back mining.

If there was even a hint of something like that I would dump my thousands in a heartbeat....and it would not only be me either. The coin price be under 80K in short order.

+1, If you want to read why this is a horrible idea, click on my username and read my post about dilution... Mining coins until 2050 is an ill fated strategy and will not succeed. Take any investible asset and continue to add shares to the mix the price will eventually be walking up the down escalator...

Well, PoS also adds coins to the mix.

Yes but that is such a small amount that it does not matter much at all in the over all picture. I bought into the coin more knowing that its not going to be farmed mined raped and dumped. To me PoS is the most stable out of it all. Also, if I understand it right, PoS does not make coins, but more or less takes the coins accumilated from transaction fees over the network and that is where the new coins come from... but not new per say... am I right? I am not 100% on that thinking right there lol.

I'm pretty sure they are newly minted coins.