Controller could hide as just another wallet with a balance. Remember they have 3 months before they have to pay out... controllers could theoretically do nothing till then right? I don't have knowledge of POS coins in action so not sure if there are daily transactions and workings you can watch out for as signs.
No, actually Prime Controllers are supposed to provide the consensus for the instant transactions. That's a very important feature, probably THE most important Paycoin feature. So it's either going to work in about 7 hours from now or we have another red flag.
So how can we see if a prime controller is in action? Just that transactions are instant? What i'm getting at is is there a block explorer or something that shows me a prime controller is running and working? How will we verify they exist and are working?
I don't understand how i might check this? This is what i don't understand about the POS coin. Do you happen to know? I'm just after something i can monitor to prove or not that its working in 7 hours.