i just minted a block, 20% pos diff looks like .00098, not 40% but less mintage is likely to pull off some of the pressure on the sell side of the market and allow price to rise.
dun thinks so ppl will just dump what they stake to switch for hyp since perceent is same now .only hyp is nine days not 30
I"m very much into both coins. Each has different character and strength. TEK is a hybrid, and HYP is not, so I think that Tek will continue to perform well even while the bumps get sorted on the PoS side. Because it is still a viable currency even if the PoS side of the chain gets frozen. We saw that with the recent problems. Up until the hard fork (where thngs got screwy for a few days), Tek was still tradeable without issue because the PoW side of the chain had no issues.
HYP on the other hand is fubar if the chain freezes. Not that I think that likely, since presstab loves his child, but it does present the difference in the scenarios. Both coins are very cool, and I will continue to support both.
I do think that the POS payout problems need to be fixed to where it used to be again. Or at least close. And it's being looked into. What we don't want, and I think in this I can speak for everyone pretty safely, is another debacle like the last fork. While it got resolved quickly, it did NOT work well out of the gate. I heard a figure of like 40+ chains for a day or two
So for now, it works, just a bit unstable. I figure that Thundertoe and friends should take their time, get it solid, test it for a good while, and THEN fork it. In the meantime, the slowdown in POS makes the coin potentially more valuable as it is more rare. It also extends the time where inflation will become an issue. I consider it growing pains. TEK has always been kind of a low profile coin, and yet it has stood the test of time. It's still here, it's still actively traded, and it's price is pretty decent.
Right now, I'd be more worried about merchant adoption and other things that would break it away from being just a trade coin. Then, once the technical issues are worked through, it will be significantly more valuable.
If a chain freeze were to happen to HYP it would not be a big deal. Would just issue a rollback to the block before the freeze and thats that. Would probably only take a few minutes to fix. In all honestly, TEK could have and should have done this. HYP also has code that prevents TW problems that TEK just had. For example it only allows a block from 10 minutes in the future/past, where TEK still allows 120 minutes. This is something that should be investigated/changed if there is another fork for TEK.
I thought that had been changed. I really need to get up to speed on coding
It's also good to know that HYP has solid measures in place. I rereading my post, it looks a bit more cautionary than I intended, just meant a comparison of strengths and weaknesses.
And honestly, I don't think categorizing TEK vs HYP is correct. They are totally different coins. TEK is an SHA PoW/PoS coin that has high rate PoS and uses NVCS as an inflation control method. HYP is PoS only without NVCS. Really the only thing they have in common is the relatively high rate. TEK has a 30 day maturity period compared to HYP's 9 day, which means you can't cash out as fast, but also provides the benefit of limiting supply on the exchange. I think that investors/holders should not make a decision between the two, but probably hold both because they both have their benefits in specific areas.
..and that's precisely what I was getting at. They are very different coins. Both very cool, and coming from a similar background. TEK has been around quite a while and is a tough bastard. HYP has been trouble free almost from the beginning. I hold both and will continue to do so. These are MY primary coins.
