Proof-of-Stake [POS]

[d5000]

I like PoS variants with security deposits, like in Decred and perhaps in Ethereum in the future.

In these variants you must lock a part of your coins to receive rewards. That means that for the time you lock you coins, you are backing its value because you cannot sell them.

Proof-of-burn is pretty similar, although a little bit more risky, above all for "small" minters. In PoB you destroy your coins to get rewards, and never won't get them back, but the equation there is that it is very probable that your reward income is greater than the destroyed coin amount. But it has the same "backing" effect, as burnt coins obviously cannot be sold.

[mybitcoin101]

Radium is the coin to stake. Look into it.

[BitcoinNational]

@pc888

i think short min. hold time is an imperative

1. if the network is running low on stakers and has super low diff. then a regular accounts that always stakes will be able to keep the network going.

2. now a whale with a super large chunk might game to hit a block every unit of minimum time (but they can be put in check via the max reward limit).  if not this would cause big diff spikes seen in intervals of min. hold time, btw

3.  stakers could run large wallet.dat files (dust bins) so that they are geared to stake 24/7 but they will likely have to wait weeks before the small lots gain weight, so these full time stakers will insure that they have a longtail of dust that eventually smooths out to an efficient staking of blocks ... they will basically act as seednodes as well ... so the trick is to make sure that they can help keep the block speed 'regular' and thus the diff chart 'smooth'

[pc888]

The feedback and response has been great. Thank you.

Thanks to all those who have posted, with careful consideration the BTA community will discuss specs as per suggestions or preferences.

[pc888]

Just letting you I might have quoted some of the posts in this forum here: https://bitcointalk.org/index.php?topic=1040956.msg14728246#msg14728246

[Lie Detector]

I think peercoin's implementation of POS is the best. Low inflation and high level of security with minimal energy consumption. Also fees are burned so the rich do not get richer in percentage terms of their holdings.