25 million market cap, it is right up there among Peercoin, Ripple, and Darkcoin!  

Stay informed guys, http://wiki.bitshares.org/

That's a good attitude. What do you think about this quote that it might be a good thing to have different chains having separate fates?

Vitalik Buterin of Ethereum and winner of the Peter Thiel fellowship award ($100k) has an interesting blogpost where he discusses the merits of PoW versus PoS.

Check it out here, https://blog.ethereum.org/2014/07/05/stake/

He points out Daniel Larimer's TaPos as a promising alternative to PoW.
Daniel Larimer recently improved the idea and developed DPOS, illustrated above.

Dno about PoS, but DPOS is getting born any minute!



http://wiki.bitshares.org/

That is a lot of money actually.

Especially when you consider that Bitcoin is going to 6000$ within 60 days, and PTS is going to 20 dollars. 

Here's an overview of AGS donations since January 1 http://www1.agsexplorer.com/

Maybe you should heed some ancient wisdom.

Besides, BitShares has a wiki now, it is easy to stay informed http://wiki.bitshares.org/

Love the parts where Daniel Larimer gets philosophical 

If DPOS works it seems to be the answer to the topic question.

Also see that this is one of a number of idential threads that have appeared.

This is the most important point. We live in a world of economic incentives.

This is the first to get more than 30 points so far!

Prize awarded to Tuck Fheman! 9 more to go

NXT is the frontrunner (marketcap wise) to using the blockchain technology for more than just transferring money. This is distinct from most of the bitcoin clones that merely try to improve upon some aspect of money transfer, such as ease of use, anonymity, speed, better micro-transactions, etc.

NXT/NEM is in what we can crudely call the "Bitcoin 2.0" category, along with Mastercoin, Bitshares, Ethereum, Counterparty, eMunie and others.

For a good metaphor of this paradigm shift, consider Bitshares. The idea behind the name Bitshares is to view the coins as shares in a company. Seen in that way, we can understand the bitcoin protocol as a Distributed Autonomous Company (DAC) and coins as a shares in that company.

At any rate, this is the line of reasoning offered by Daniel Larimer.

This is the perfect gift.