Re: [ANN][DOGE] Dogecoin - very currency many coin

Quote from: lynn_402 on July 23, 2014, 04:45:19 PM

Quote from: BayAreaCoins on July 23, 2014, 04:37:28 PM

PoS would be a bad move imo... which is probably what they will go to haha

DoGE went perfect to start and ever since near Christmas it has been exact opposite of what I wanted to see.

I am working on something for doge people to speculate on with DOGE rather than just btc/doge or ltc! Tongue

I love lil doge for whatever reason Cheesy

Hope all is well Lynn.

Why would it be a bad move? It would improve security since Doge is well distributed, and it would solve the inflation problem since it would be equally redistributed to everyone. By merge-mining with LTC, the big inflation rate could still be a problem.

What will we be able to speculate on?

Hope all is well for you too!

Proof of Share would be a horrible move for Doge, I think.

Well distributed? you're kidding, right? http://bitinfocharts.com/top-100-richest-dogecoin-addresses.html

32.68% of all coins are in only 6 address. 46.15% of coins are in only 66 addresses... Doge could get 51% stake attacked so easily under PoS.

AuxPoW is the only viable option right now, and as the Doge hashrate and blockreward continues to decline, the community is rapidly losing the opportunity to get mining pools to add merge-mining.