@ penambang and startsts
Thanks for the suggestions. I haven't yet had the spare time to see if these potential solutions work yet though.
I received (partially done) update from one developer but I don't want to use this as the communication with him was really poor. He updated only the wallet. The rest of the the files were not updated.
As you already seen, block reward was already set to be 1 Q2C so that part was OK. What was changed is the difficulty algorithm.
I am currently looking someone to properly do the update and if all goes OK continue working on PoS/PoW hybrid.
Any developers interested? Or maybe someone knows who would be willing to work on this?
How much cutting-and-pasting or manipulation of code would this really be? Also, would the block-reward for POW stay at 1 Q2C per block? This is extremely minuscule for a coin with potentially into the hundred millions of supply and with definitely more than 12 million currently sitting in sell-orders on Cryptopia. What would the POS staking percentage be? 2? 5%? 10? or something that makes the inflation-rate potentially ridiculous with new coins generated "like funnel-cakes at a state-fair" such as with Buzzcoin (1200% per year), 808coin (variable POS, but 808% at the peak if I understand properly) or Philosopher Stones (50%)?
As it relates to the question of supply and the three canonical/classical functions of money (a means of indirect exchange, a store of value, and a unit or basis of account) it is perhaps worth considering what's termed the "Quantity Theory of Money" (for instance see:
http://www.investopedia.com/articles/05/010705.asp ). I'm pretty into the Austrian economics school, so I do think excessive creation of money
will reduce the buying power of each unit of that type of money and experience will show that theory to be inductively sound.
I think there is a way to implement a poll on this thread (from what I've seen on other threads). I wonder what the bag-or-stakeholders think(?).
