How do we make this coin irresistible to miners? If we want to take litecoins top spot don't we need the hashing power?
We don't need miners, we need to be irresistable to those people who HATE mining, like me.
This gives you the advantage of bitcoins now without the mined inflation. If a coin has a use, it has a value, most coins have no use.
Vericoin has just about every use a crypto can have with an excellent team and low inflation model to boot, this is exactly the type of investment I want. You know for a fact how many coins are produced / year for each and the distribution of vericoin is very similar to real fiat cash. As long as the team continues to create and innovate im on board.
Remember that the devs have several patents. This shows the kind of mind we have at work, they can create solutions to problems where nobody else in the ENTIRE WORLD, has. This is the team I want leading my money as we develop this amazing technology.