| I think you are wrong in this. The source is open, you can build your own chain separate from PPC with the same (or incompatible algorithms), and there is plenty at stake; you might not think your chain will ever be long enough to win, but maybe your transactions need to be private and then there's that at stake. It is impossible for me to imagine mining all possible subchains that you can mine in; maybe it's because there is no pool I know who supports merged mining in more than just BTC and NameCoin, but I thought there was a technical reason why it wasn't possible (or especially why it was possible specifically for this pair). You can mine TerraCoin and PPCoin today when you don't need those hashes for BTC, but you can't mine all three at once. So, how do you propose to mine all possible subchains that you can mine in for the PPC Proof of Stake coin? When the difficulty drops on one chain, it would be to your benefit to mine just that one chain, if you think it will be accepted as the longest chain. Unless you have BTGuild on your side, you don't have much hope of making the longest chain, unless you found a chain that they just forgot. When I read the CDF graph, I got the impression there is a sweet spot for payouts on chains that behave according to CDF (and because of the nature of "averages" most of us don't have it yet and never will.) You sound like a person who knows, so I hope you'll tell me more, since I'm interested in Proof-of-Work as it applies to PPCoin. I like the PPCoin website and if that's any indicator, I think that some people will pick PPCoin over Bitcoin without any technical expertise even if it only "seems fairer". So, will you tell me more of what you know? |