We have published an updated roadmap for Credits -
https://crds.co/roadmap.php At present our consulting developer is working on version Credits version 1.2.0 which will allow for an external miner to be used, and in turn the use of a mining pool. ETA is about 2 weeks.
Great news but I have concers regarding the roadmap which mention removing PoW rewards as an alternative after voting.
How is the Community voting going to take place?
I really don't want PoW rewards to be removed. I don't beleive the coin can survive without PoW.
It is also one of the very few coins that can be mined with CPU only. So I would like to participate in the voting.
It was CPU mining that made me interested in this coin and I don't think I am the only one.
What is the reason you consider to remove PoW in the first place?
Is there no option to leave it at PoW + Masternode rewards only?
Or PoW only if removing masternodes is an alternative? I think all options would be nice in the voting.
PoS and masternodes just makes it more complicated but I can understand that masternodes may be needed to get all the functions we want in the network. I like servers and creating masternodes but I beleive some people find it complicated.
The vote will be a poll which will be posted in the #polls channel of the Credits Discord. I appreciate your opinion and ask that you cast your vote accordingly when the poll is opened.
The reason for considering the change it to make Credits more environmentally friendly as all mining uses quite a lot of power. There will be an option in the poll to leave the current PoS+MN reward system in place.
What purpose do masternodes serve? In general I mean
They are full nodes, with static IP and a locked input as collateral.
But what is their function?
Masternodes are indeed full nodes. They provide high availability to the Credits network and allow Instant transactions to take place. In future they will be given more functionality as the code is developed further. The reward structure is designed to encourage more masternodes on the network which serves to better strengthen the network.
