Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: barwizi on September 02, 2013, 08:41:00 PM



Title: Proof of stake
Post by: barwizi on September 02, 2013, 08:41:00 PM
i have a question,  is it normal for proof of stake coins to outnumber pow coins by a factor of 5 before a coin has even reached 0.001 percent of it's total cap?


Title: Re: Proof of stake
Post by: gica_contra on September 02, 2013, 08:46:09 PM
yes, it's normal, you don't even have to bother with programming a premine this way.


Title: Re: Proof of stake
Post by: barwizi on September 02, 2013, 09:27:36 PM
PENNIES


Title: Re: Proof of stake
Post by: mullick on September 02, 2013, 10:28:17 PM
yes, it's normal, you don't even have to bother with programming a premine this way.

I dont get what your saying. That makes no sense at all.... ???


Title: Re: Proof of stake
Post by: Lauda on September 02, 2013, 10:45:09 PM
yes, it's normal, you don't even have to bother with programming a premine this way.
Unless you're being sarcastic, this is wrong.


Title: Re: Proof of stake
Post by: wiggi on September 03, 2013, 04:41:24 PM
i have a question,  is it normal for proof of stake coins to outnumber pow coins by a factor of 5 before a coin has even reached 0.001 percent of it's total cap?

If the factor goes up, fewer and fewer miners can be profitable. You would think this must kill the
coin long term if it weren't for an example like XRP/ripple. (economically just that concept driven to the extreme,
proof of stake blocks or not)