Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: rapsaodan84 on July 03, 2014, 06:47:56 PM



Title: POS network
Post by: rapsaodan84 on July 03, 2014, 06:47:56 PM
I'm just starting to learn about POS coins, and I have some questions. Can someone help?

If 99% of coins are in locked wallets and therefore can't stake, can the other 1% hold the network? Or should most of the coins be staking?

Does it depend on the % of coins staking? Or rather on the number of wallets POS mining? Is there a minimum number to hold a network going?

Let me know if what I just asked has no sense and I'm focusing it wrongly.




Title: Re: POS network
Post by: devphp on July 03, 2014, 07:03:41 PM
In NXT, for example, if some coins are not used for forging blocks, their power is proportionately distributed among all the other coins that are forging.


Title: Re: POS network
Post by: crypto_chellie on July 03, 2014, 08:29:29 PM
I'm just starting to learn about POS coins, and I have some questions. Can someone help?

If 99% of coins are in locked wallets and therefore can't stake, can the other 1% hold the network? Or should most of the coins be staking?

Does it depend on the % of coins staking? Or rather on the number of wallets POS mining? Is there a minimum number to hold a network going?

Let me know if what I just asked has no sense and I'm focusing it wrongly.




HBN & CAP does both pos & pow.  If all stake coins were locked in wallets then the network would still be carried by pow.  I wouldnt keep my coins locked if they were pos.