Quote from: Bitcoin Machine on August 12, 2014, 10:38:01 AM

Quote from: shogun47 on August 11, 2014, 03:00:24 PM

Haven't followed doge in a while. I know about the merged mining but is there any plan to cap total coin supply? Its whats killing the coins over all value. It otherwise a great coin with a great community.

How do you secure the network if you cap the coin? How many new successful coins are capped these days? Huh

In the short run Bitcoin & Litecoin has a higher supply inflation rate that Doge.
   Dogecoin Bitcoin Litecoin
  2015   5.26% 10%    33.33%
  2016   5%     9.09% 12.5%
  2017   4.76% 4.1%    11.11%
  2018   4.54% 4%    10%
  2019   4.35% 3.85% 9.09%
  2020   4.2%    3.7%    4.1%

What if Dogecoin switched to a proof of stake method(POS) system with a smaller inflation rate? Then all of the community could secure the coin & benefit by earning extra Doge by Staking instead of miners dumping it for BTC and other coins. Shocked

I honestly believe Doge should go POW/POS hybrid if the dev team really wants to secure the network

Under POW/POS hybrid, anyone who prepares to initiate a 51% attack won't know the next block is going to be generated by POW or POS

This will make him more difficult to double spend as compared to a pure POW network