Quote from: CIYAM on September 08, 2014, 02:12:46 PM

Quote from: kokojie on September 08, 2014, 02:10:49 PM

I'm not sure where this PoS "collude" concern come from. Who would collude to destroy their own wealth? I hold some peercoin, if you tell me to collude with you to attack Peercoin, I would tell you to gfys. Do you think it's easy to collude with 10,000 peercoin holders? or is it easier for discus fish and ghash.io to collude? I think the answer is obvious.

You seem to have missed the IPO idea of creating a PoS with say 21 BTC and a bunch of anonymous bitcointalk accounts (do I need to name the coin?).

It is perfectly easy to collude to gain 100% of the initial distribution if the cost is so low.

That's why I call NxT distribution a scam and is not participating in it, it should fail. See my post here: https://bitcointalk.org/index.php?topic=325261.msg8559235#msg8559235

An unfair distribution is simply a failed execution, it does not invalidate the advantage of PoS.