I am going to disagree with Hondo. Big time. But not only the "stat" is a complete fallacy (contrary to his opinion, the overwhelming majority of established coins do stake 50-80% or more of their float) the MOST important factor is that a coin that only stakes 20-25% is EXTREMELY vulnerable to a successful -and fatal, for it means the end of the coin- "double spending" attack. Better known as a "51% attack". For instance: If only 2 million Stealthcoin stake, anyone with much less than 2 million coins can carry out a successful attack. Even Owning "only" 1.6 million. Anything above that increases the speed of the success in the attack and, obviously, 2 million and one coin guarantees the success of the attack on first try. That means the immediate end of the coin. That's why it is so important that the staking is as high as possible, at least above the 50% threshold.
But, according to Hondo's fallacy, then Stealthcoin doesn't provide 20% interest (or POS benefit) but much less in fact since the figure of 20% is reached under the false pretenses and calculations exposed above, the real figure -the one written in the code- is much lower, at -I imagine- 5%. Still quite crazy and impossible to sustain with time. Obviously Stealthcoin has not been designed with any idea of future, beyond the P&D phase.
To illustrate the situation I will offer the example of a similar coin -in figures-, Vericoin. It has just under 27 million coins. When 8 million of those were stolen from Mintpal a few weeks back, the devs were forced to fork the blockchain to the time previous to the theft, thus invalidating it. Otherwise, the coin was destroyed since 8 million coins were close to 100% of all the coins staking, therefore the attack would be almost immediately successful, if not at the first try. Vericoin, atm has a steady rate of staking -at much lower levels than 5% interest, less than half that in fact- of 15-20 million of it's total of 26.7 million coins.
It seems that you don't understand still. If you check the actual inflation rate of any coin versus the interest rate THAT'S IN THE CODE, you'll see that the inflation is much less than the interest rate.
No one is hiding anything, troll. That's just what happens. I am very diligent about staking my coins, and I get maybe only 70-80% of the stated interest rate. I do things like reboot my computer, etc., and forget to re-launch wallets. And so on. It's hard to stake coins. It takes as much work as mining almost, but without all the electricity.
Most users don't bother at all. Like you, they put their coins on an exchange and forget about them. Users don't bother staking because STAKING TAKES WORK and it's too much trouble to move them on and off an exchange and then they lose age whent that happens. Users don't upgrade wallets, exchanges don't stake their hot wallets, etc. etc. etc.
You can argue all you want, but if you don't want to sound like a
windbag troll fudster, support your position with some analysis for god's sake.
barabbas trying to argue against reality