Considering that Bergstake is a significant innovation, sitting/waiting on it for two years of PoW is largely unattractive (in my mind).
Would you consider activating Bergstake sooner, perhaps having a stage of concurrent PoW and PoS?
Once POW ends and Bergstake starts, it will be impossible to obtain more Bergstake. So whatever the distribution looks like at that point, will continue forever. The two years of mining coupled with the ICO, should have the effect of distributing the Bergstake as widely as possible.
Think of the bergstake as an out-of-the money call option, or lottery ticket, that you get for free each time you solve POW. ICO investors will also get Bergstake.
In the limit as as POW time gets closer to 0 , the coin basically becomes a 100% pre-mine, which we do not want.
Interesting idea regarding concurrent PoW / PoS , would have to flush this out.
Best of luck!
~ Myagui
@myagui - yes, the basic method would depend on a access to local BTC keys. we are working on a solution that would enable the use of web wallets.
if anyone has some suggestions we would love to hear. bounties will be available.
Especially with Snowden revelations, we here in the USA know they can access our PC any time they like.
I know, there are solutions, but those are NOT available to most people.Learning curve is just too big to overcome. I had 13 BTC stolen from my computer back when it was about 30bux. I ONLY trust exchanges, and BLOCKCHAIN.
So, are you saying I cannot participate in ICO if I don't have a wallet on my computer prior to October 4th, when the ICO comes??? SHIT MAN, THAT SUX , if in fact true. I have NOT been this excited about a new coin since BTCD went public. I have been getting "my ducks in a row" since I first saw this thread. Now it looks like I can't participate early.... PLEASE tell me it ain't so!!
~darylluke.