I guess most of you agree that the next bitcoin block reward halving will cause some trouble and that this is the chance for altcoins (and particularly proof-of-stake) to take over. Peercoin is one of the more plausible candidates, which is why I have signed up today.
However I did some research and got a bit disappointed. Looks like there is still a long way to go, not sure if we can get there in time:
First of all, not a single PoS coin got its software included into major distributions like debian! (bitcoin, litecoin and dodgecoin are there)
So how about peercoin in particular: Is there any issue that blocks peercoin software from entering major distributions? Has it been considered to setup a bounty to help with that? The amount of review and consideration software gets before being included in debian is a mark of quality and probably would help adoption a lot.
Secondly since PoS is quite ressource friendly it should be possible to run full nodes on embedded devices like routers, that are up 24-7 anyway. PoS networks could even rely 100% on cheap HW that is pluged in anyway and would be much more secure. Yet there are not packages for OpenWRT. Actually there are at least three independent issues to solve for this to happen:
a) A network of home routers will be more difficult to keep up to date. There should be a way for nodes to decide that they need updateing and do something about it. Of course security must be considered.
b) Actually packaging peercoin software for OpenWRT. (This is something where I could help. Actually I’m inclined to prepare packages for OpenWRT for any PoS coin, that manages to offer the native equivalent of 0.1BTC as bounty, and try to get them included if that’s agreed to be a good thing. But let’s discuss this first …)
c) To make this easier to use for non-technical people, some webinterface should be provided.
So that’s my main two concerns as of now. Do you think of anything else that needs to be done to make proof-of-stake coins a feasable alternative when bitcoin gets into trouble?