Investigate move to Proof of Stake

[nickorIow]

Feel free to discuss here.

Proof of stake is less resource intensive and it also allows for faster transaction processing. Implementing it in CavCash could prove useful. The main problem is that in order to validate, we need to have our balances publicly available.

I think it would be fine if we published how much a wallet had staked. Much like I want to know the identity of a Senator that represents me, I also want to know the address of a node that validates my transactions

[nickorIow]

note that we'd want to do this after the chain is launched on PoW as doing it early on can lead to one person gaining a large concentration of coins.