Not so sure, wether mining is wrong or right is one thing, but wether 90% of the crypto community still believe in mining thats another and a fact still to be proven wrong.....
I think it will be quite a popular coin
That 90% is diminishing slowly, until, suddenly all at once. I will not be holding the bag on eXocoin. What does this coin offer that is not already out there? All I see are screenshtots of a slightly nicer bitcoin qt wallet.
I wouldn't be so quick to dismiss POW. Hash rate has been on a strong uptrend for two years now. The jury is still out whether work and resource expenditure external to the system is required for sound money or not. POW more resembles the gold system of money vs DPOS which more resembles a democratically elected central bank with 101 delegates being "board members" of that central bank and actual stakeholders voting on those delegates based on the size of their stake, which is superior to legacy central banks. For example, the federal Reserve in the US has board members (delegates) who are appointed by representatives who are voted into office by all citizens, regardless of stake. Furthermore, those citizens are only allowed to vote once every 2 to 4 years. That is an extremely inneficient system. We shall see how a system works where voters vote based on the size of their stake and can cast votes at will. Will large stakeholders vote themselves a bailout should they become over leveraged and on the verge of insolvency or would that bailout compromise their stake in the system? Sure bitcoin stakeholders could bribe miners to provide a bailout but they would have to expend part of their stake, unlike POS stakeholders who would only have to expend their votes and negligible TX fees. Some call this a "nothing at stake" attack but users have to aquire that stake to perform said attack. That is why I prefer the term "less at stake", but probably enough at stake to prevent such an attack.
Personally, after seeing the NXT theft at bter result in stakeholders denying a bailout, I decided to buy into POS. A small portion in NXT but the majority of my holdings in BTSX because of the collateralization of assets with no third party risk. Although I do still own bitcoin, just in case.