Interesting I guess. I welcome anything fresh around here, thats for sure. If your multiplier is based on how many blocks you staked in the past 48 hours though, it is definitely a "rich get richer" sort of coin, far more so than the hiPOS coins you reference in the white paper. Also, are there plans lined up for after the first 30 days? Because once turbo stakes are over, there really is nothing to make this coin different.
We believe that Turbo Stake will have the opposite effect. First, the Turbo Stake period is 30 days. This is much longer than the initial frenzy period where most coins move to exchanges for trading. Most Hi-PoS periods are about 1 week. With a 30 day period, a small time holder has plenty of time to increase his multiplier through compounding, which can be quite high. Most big holders are significantly invested through mining or buying, so must dump within days to free up BTC for other opportunities. The build-up period means they can't simply send coins back to a wallet and start staking in a few hours. They have to wait two days to stake, then two more to build a multiplier.
Turbo Stake is designed to make consistent stakers richer, not the rich richer. We understand that if every holder stakes consistently, then the biggest holders will become richer. However, the short trading horizons of most traders add another layer of complexity to the issue which we believe will fundamentally change how Turbo Stake influences coin distribution in the end.
We will release information about future plans soon.
I don't know. Regardless of what large holders do, and I don't think they will all necessarily dump right away, the net effect will consistently be that the larger holders will get the higher multipliers. I don't see how the little guy doesn't get screwed over here. To me, the best system for smaller holders to get ahead with would be POS 2.0 with flat rewards and with time not being used as part of the equation. In systems like that, all that matters is the up time of your client. Since not everyone can consistently stake 24/7/365, the little guy who does is guaranteed to get ahead, in the long run that is. To get ahead with Turbo Stake, you pretty much have to hold and compound AND hope larger holders move their coins. It's like the little guys need to pray that the whales of the coin dump so they can get ahead!
I have mined some and it will be interesting to see how this all plays out. At the very least, if Turbo Stake works as intended, it proves you have more talent than the vast majority of the "devs" around here who launch clone after clone and hardfork half a dozen times in the first week. That alone is enough reason for me to stick around.