Im currently speaking with gruve_p in an effort to convince him to reinstate POS as part of the project roadmap. he seems very concerned about the pos vulnerabilities but from my understanding, one would still have to spend alottttt of money to exploit pos and it really wouldnt make sense to do so since after theyve done that the value of their coin would drop so they wasted all their money?? ive suggested a very low POS inflation rate 1-5%.
what do you guys think about that?
GRS is done for. Team tried and tried but community didn't back GRS enough.
Next best is Aidbit or Atheistcoin. Actually mining both atm.
I wouldn't be too hard on the community, I mean, what's the block reward now? 25 Groestlcoin? Who would want to mine that? Not even ASIC if they could! And now no PoS? Not that PoS was going to succeed with such a small user base and such limited money supply to begin with . . .
I wouldn't put so much responsibility on the community. That's like blaming customers who don't buy for a company's failure. If people don't buy, there's usually a good reason why, and nobody's giving money away.
BTW, with AidBit, are you solo mining or on the official pool?