@MalReynolds spend the time to get it right, don't rush it.
But to change the subject for a bit: Burst are doing well. up 30% today. They use a PoC algo. Proof of Capacity! You mine with hard drives. It uses loads less power. If could integrate something like that with ethereum Classic.... Again... it would open the network to more people.
You can mine Burst with a phone if you have a good size memory card. Think of Africa and all those smart phones
BE MINDFUL
You know sometimes you can get tied up with money and politics and not only lose sight of the tech, but the tech can pass you by while you are preoccupied. Why waste time with the things you cannot change, when there are thing you can be involved in that can bring about change.
We have a world Computer. Top Dev is a Russian coder, we have devs in Japan, a large mining infrastructure in China, and nodes, miners and supporters all over the world. People are working around the clock. So..... can we put aside the money and politics for a while now please and move forward. If Alex holds the keys, then he gets to choose what he does with the TOKENS. You only own what you can hold. If you lose the keys, you lose those TOKENS
DO NOT INVEST WHAT YOU CANNOT AFORD TO LOSE... IT IS BAD FOR THE SCIENCE
Burst is hard on your drives though. My thoughts are keep Dagger, runs cool already established and we should keep things simple. Later after alot of thought we can switch to whatever we decide is best. Right now I think algorithm is pretty low on the list of things to mess with, just my 2 pesos
Actually Burst is not hard on drives at all... Polling intervals are light and transactions are light. So Burst type POC could work. If you follow the Burst guys you will see there are some advantages of the Burst method POC, but as always there are some disadvantages as well.
In order to get the transaction times needed to scale and not become a slow dinosaur like BTC we need something that is faster than POW which is why a hybrid with a POS portion could allow ETC to scale. I think if we keep our eyes on the prize of long term scale and transaction speeds we will have to concede that POW isn't up to the task by itself. So we will have to give this some thought and should look at all of the possible options that are currently available. I certainly hope we wouldn't have to reinvent the wheel. There are other hybrid POW/POS coins out there that we could look at the pros and cons of their implementation.