Shibes, now is the time to build our own rocket to the moon! And this is how:
Right now we are in an interesting discussion about our future – the future of our beloved dogechain. It's the backbone of our economy. Every tiny shibe uses the same playground to play and dig and to have all this fun. Lately, as i'm sure every shibe noticed, we got an offer from litecoin to merge our mining. First of all, thank you ! Thats very kind. But in my honest opinion, i think we are strong enough to stand on our own little paws. We don't need a bigger brother, who protects us when we are in trouble or someone wants to do us harm. We are already strong enough to protect us on our own. And we found good friends in the playground, like the good guys from Digibyte. But we have to be aware of our future. We have to defend ourself when we are threatened. We have to protect our dogechain. The critical point is reached, when our blockreward is not enough to keep all the miners digging. The less people dig, the lower is our security of our dogechain. Especially when the first asic miners get released and only a few of them can totally overcome our global hashrate. Yes, we can fight them if we change our algorithm to sCrypt-n, or Keccak, or X11, or... We become a pure PoS Coin after the last block halving. In my opinion we should get rid of the old PoW system, after the point we are fully mined out (our blockreward hits 10k coins). Instead we should change to pure PoS with an interest of 1-5% per year. This would favour every shibe who believes in our coin. Just imagine the crazy buying and mining mania after everyone understands that dogecoins are limited. It would also make our blockchain safe to 51% PoW attacks! This would also allow everyone to participate in the network, practically you could PoS mine with every smartphone or laptop or tablet, you just need your wallet on the device ! Every shibe can participate !! And for our well experienced digging shibes, we could start our own Doge-Multipool for every other hash algorythm. Right now our network is at 80 gigahash ! Thats 80000 megahash, or in other words: 360(!) bitcoin buying power every day! (if you calculate with 0,0045 btc/mh) Now imagine that people pour 200k dollar in our economy every day. We can create Doge-Multipools for sCrypt-n, X11, Keccak or even Sha256! Imagine people to mine bitcoins, just to get paid out in dogecoins! Doesn't that sound to good to be true ? Well maybe, but we have 1 year in front of us to build our rocket. And i honestly think, that this is the most efficient rocket to fly us to the moon. All of us ! Wex <3
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