But...it is dynamic interest, so it is very unlikely that we would get to that, and if we did it would mean that not many people are staking so there would be a relatively low amount of new coins being produced [someone insert some maths here please].
I'm not sure: a huge share of the NOBL out there are in exchange wallets, which will be staking. IME exchanges now rarely (if ever) still credit stakes to user accounts, which means they'll be sitting on huge stashes of NOBL after a while. People *may* withdraw massively, but then again, they may not.
Leaving a staking wallet open 24/7 for a regular users is problematic: machines needs to be online 24/7, wallets must be unlocked, ie. low security, and users that can afford and properly manage a cloud VM for their staking are not going to be common.
Exchange and cloud-based wallets on the other hand will be staking 24/7, performing input/output transactions, etc.
So a PoS NOBL that is user friendly should probably go hand-in-hand with a staking web wallet service... which in itself is not so simple once you consider 24/7 uptime requirements, security and especially user support.
Fair points :/
Do all exchanges stake? I thought it was just cryptorush? The way I see it is if you have the chance to get a lot of free coins by having your wallet open, you won't leave many on an exchange.
I guess though that at the moment the regular users are mostly miners who will be mining something else now, so will just leave the wallet staking as well. If it was me, for 175% interest, I would leave my laptop on all day, the benefits would easily outweigh the costs. That, I think, is the argument for high interest PoS, the gains are so high, that you have to stake!
I actually have a small media server at home that will be running my wallet.
I think in terms of security you can now unlock wallets just for minting.
