I have to say that all those complicated POI or PoA (node) or whatever leads to nothing but messing people's minds and others trying to exploite the system by spamming transactions etc...
The best egalitarian system would be a totally random harvesting, that way people with 10000 or 5000000 balance would have the same chance to find a block, this is such a waste of time man, i can't believe this.
Harvesting is to support the network and gives equal chances to newcomers wtf it seems so obvious. You keep your nems in the hope that it will gain value like bitcoin or any other coins, no need to make it a harvesting ponzi or something and have people shouting that pos related systems are making the rich richer.
Man, this is so simple.
No it is not simple...
I believe our devs would have it much easier for them to code a system where every node has the same chance on getting the block...
That wouldn't work because if I create a botnet with thousands of computers than i own the NEM.
Other route would be to give voting power to each monetary unit - like NXT did - then you have whales who get almost all the forging rewards and also it rewards hoarding
NEM is unique because of that Eigentrust model where the importance of each node is constantly calculated and it is most fair and also incentivizes spending and being useful and not just hoarding.
Glad to have you asking questions. Please stop by at
http://nem.io/ and read more about NEM.
EDIT: also equal does not mean fair.
