I have my doubts that the long-term strategy of Quazarcoin mining will justify itself. The electricity bill sort of scared me last week.
One of the reasons I'm attracted to Quazarcoin is that it has a slower emission curve than some of it's competition. Bitcoin was designed for the long-term and has a slow emission curve and Quazarcoins curve is similar but slightly slower. Some other coins, have a much faster curve and what's going to happen when the coins are all mined? Transaction fees may not be sufficient to attract miners. The developers might have to modify the coin to keep the network functioning. We will see what happens. The design of some of the other coins seems rather short-sighted to me.
I agree completely. Aggressive emission curves result with security issues in the latter phase due to insufficient network hashrates.
Some miners and investors wanted already to get rich fast this way but they could not find fools to secure and move their riches trough the network, so it turned into ashes.
The additional problem is the early period being dominated by the private and closed source GPU miner and it may cover all the early distribution phase.
Quazarcoin is also affected by this issue but it will not hit as much the total distribution in the long period.
That is why I decided to stick with Quazarcoin.