Regarding item (2), in general I agree with that, but so long as it pays significant interest, it cannot be dismissed as merely an infrastructure component. Once the stake interest drop to a few %/yr it won't be a problem, but right now it does have some drawbacks,

1) constantly dilutes small holders, or those who would keep some or all of their balance at an exchange, at least until someone opens an exchange that pays some or all stake rewards to its clients - there's an idea, but I doubt anyone will bother, sadly
2) it works as a disincentive to actually use the coin (you know, transact with it) as that resets coin age.

I have a question/proposal regarding the PoS minting process.

After some cursory analysis, I have realized that the rate in which PoS blocks are generated implies a certain upper bound on how many different chunks of coin there can be, before the relatively smaller ones would start taking more than 90 days on average to hit the PoS "jackpot".

This is a bit of a problem as it means getting into NVC and enjoying a roughly equal footing requires a certain coin amount, which limits the rate of adoption for this coin. I haven't done exact calculations, but it seems that it may start being a significant problem for wallets with around 10**-5 of total NVC (so ~5 NVC right now). It might become a non trivial amount if NVC were to appreciate in monetary value. It limits us to a few thousand users that could use PoS to full effectiveness, right?

Am I missing something here?

If not, fixes that come to mind are,

1) faster blocks (a pretty huge change that may be out of the question for an established coin)
2) somehow have multiple PoS minting transactions per block, though keeping the interest generated the same as it is now.

I am not aware of the low-level/implementation details of PoS minting so I don't know if (2) is a reasonable option either

Just an idea

So what is the actual scam again?

NVC vs LTC unit price comparison is supposed to mean something? what, no one noticed there are different amounts of NVC and LTC outstanding? do you guys also compare stocks of different companies by their per-unit prices?

NVC market cap is down there with FTC and Doge. Even at the peak of its rallies/pumps, it never got anywhere close to LTC's capitalization.

but yes, modification of PoS interest is a fair point against it.

In general, NVC and its derivative coins seem to have interest rate tuned a too high. Though consider that BTC PoW emission was also high in yearly % terms at first.

I can't really figure out why nobody likes talking about NVC.
It seems half the time NVC is ever brought up in btc-e trollbox it's someone calling it a scam. No one can even explain what the scam is, but surely it's a scam. everyone says it is.

I bought into PPC and NVC mostly on their technical merits. The former seems to be working out nicely, the latter, not so much.

It doesn't help NVC that it's been cloned to hell by 394823 different shitcoins too

I had client version 0.4.4.4, downloaded v0.4.4.6, it crashed when I run it so I deleted everything besides my wallet.dat file.

It now starts up fine and recovering the blockchain. Hopefully that'll fix the problem...

an hour ago my qt client started showing the following error,

WARNING: Invalid checkpoint found! Displayed transactions may not be correct! You may need to upgrade, or notify developers.

Well, I'm notifying the developers
Care to explain what causes this error in particular? What exactly is a "checkpoint"?

alright, thanks for clarifying it, much appreciated!

Now that I think of it, is the "stake" amount really the coins that are in the 520-block delay period where they are not spendable?

perhaps the UI could be extended to show the individual chunks your coins are made of, and the age/delay status on each? just to make it more self-expanatory?
I've read somewhere there's a reserve feature which prevents some of your coins from generating stake to assure they are spendable.
when you do spend it's in your interest to use the lowest-aged blocks of coin. is that implemented?

I have an encrypted wallet that has been granted a positive balance in NVC, more than 30 days ago.
So, as expected, my coins have started gaining stakeweight recently. I have over 100 coindays now.

However, the QT wallet user interface still says I have all of it in "balance" and zero in "stake".
I tried using the command getinfo in the debug console, I see the same thing - all of the coins in "balance" and zero in "stake".

I tried unlocking my wallet -for minting only- yesterday, and that seemed to do its job (GUI says it's "encrypted and currently unlocked"); but I am still getting no stake.
I understand that with just 100 coindays I still have poor odds of hitting a PoS block, I just want to make sure it's actually participating at all.

Any ideas?