Quote from: TookDk on July 30, 2014, 01:38:19 PM

Quote from: acceptance2 on July 30, 2014, 01:26:11 PM

So I guess the question is, where's the balance that will both bring in new investors and secure the network?

Any real investor wants as small a float as possible. So 6%, 5%, 4%, 3% ?

I'm curious, probably a stupid question but if POS is needed to secure the network, what secures the network when the Minting is finished years later?

That is a good question.
The answer is in the OP, the reward continue for infinite with 5% after 3rd year.

Bitcoin for example has a fixed number of coins (~21mil), the block reward will eventually go to zero, at that time is it believed that the network is so widely used that miners is motivated to mine strictly to claim the tx fees.

Quote from: mintcointeam on February 05, 2014, 05:24:47 PM

Specifications

-Pure PoS

Other Specifications:
...
- PoS variable interests:
- 1st year: 20%
- 2nd year: 15%
- 3rd year: 10%
- 4th and subsequent years: 5%
...

But what about when the 70,000,000,000 are fully distributed? How is the network secured then?

How would it be any different than if the distribution was capped now at say 20,000,000,000?

What am I missing here?