Can you elaborate on how you'd see dumped private key and multisig to work? dumped private key alone won't work but if we can implement multisig, I could propose bigger and bigger loans with time (I don't plan to go above 8k with the present situation).
I might be able to do some of this, if some of the more technical guys can run with my prose and edit for errors. I'll get started on it. POS coins in general fascinate me, both because of their potential and how polarizing they can be and how badly misunderstood Proof of Stake is, especially since it's so frequently compared to interest, which it is not.
It seems that multisig and minting are mutually exclusive
https://cryptocointalk.com/topic/6681-signrawtransaction-multisig/#entry57515On the other hand, Sunny King (Peercoin founder) is working on cold storage minting, which may be an alternative
http://www.peercointalk.org/index.php?PHPSESSID=j01vs198k6kq1aiddsf5pl2qn4&topic=2783.0
I'll go into why this matters later.
Please do or even open a page on hyperstake.wikia.com!
Also wanted to note that the 10 coins in single coin blocks are all about a day away from being eligible for stake, for any of you lovely lunatics following the experiment.
Address is pSTdDBKzCH1wqsRTTpkDY8rtAXyFqYwKG4
Give us a screenshot of the present state, highlighting the important parts.