Can someone explain what makes sigt stand out above all other coins. Don't get me wrong, I have been mining it and have a small amount banked up....but I just don't really see what sets this coin apart from the rest.
-I mean, the most I hear about is the new algo...means nothing in 10 days.
-The next thing I hear about is the marketplace where you can buy items using sigt....decent idea, but not really anything to write home about (at least not in its current stage). I mean we are talking about a handful of items being sold. I don't see that being something that holds this coin up after POS.
-Thirdly I hear about the community... Which honestly doesn't seem super strong IMO. Granted this is the opinion of a noob so I'll let this one slide. But I read/see a lot of middle school yard bs talk and it appears the community is predominately "noob" users.
-Lastly I hear about how much activity this coin is seeing. Like 400 pages in 2 months. Well, if you were to sift through all the bullshit posts (much like this one),and all the middle school yard bs I mention previously.....there may be 1/3 of those 400 pages with actual quality posts.
So again...I ask, what is the support beam that's going to hold sigt up after POW stops, because as far as I can tell....the "community" seems to be a predominantly miners who will soon be gone, and noobs hoping for a get rich scheme. I'm not a FUDer as I keep seeing people say on here. I'm not bashing, as I've already said I'm mining still currently and haven't sold 1 single sigt.....I'm just curious what the more experienced users have to say.
From what I've been reading there are talks about adding masternodes and maybe even a DPOS similar to what Ark has. A bunch of other coins have their own variation on how to do PoS. Dash has the first mover advantage with masternodes. PIVX has an algorithm that balances between staking/masternode rewards. Decred balances PoW/PoS within a governance system. Ark has DPoS. Neo has Gas accumulation.
I agree with you if SIGT does just vanilla PoS it is probably not going to take off. It needs something to set itself apart from other coins. Even masternodes aren't a guarantee for success. Just ask Chaincoin.