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On another note:
This coin is pure Proof Of Stake.
So technically it doesn't need any large amounts of processing power.
I'm using single board computers to run other Proof of Stake coins and would like to see if this coin is able to be run with minimum power consumption as well.
Sadly there are no technical details about it right now and I don't have any coins to do test runs.
Can anyone point me to a place where the technical groundwork is discussed or written down? Any lead is much appreciated.
On another note:
This coin is pure Proof Of Stake.
So technically it doesn't need any large amounts of processing power.
I'm using single board computers to run other Proof of Stake coins and would like to see if this coin is able to be run with minimum power consumption as well.
Sadly there are no technical details about it right now and I don't have any coins to do test runs.
Can anyone point me to a place where the technical groundwork is discussed or written down? Any lead is much appreciated.
I have my wallet open and mining 24/7 and can say that it does not put any load on my pc.
It's very eco friendly just as a POS coin should.
Yes, all POS coins are.
The interesting part is though, what load processing transactions will put on the computer.
This, as well as the target transaction amount and some further technical details like blockchain size and such.
Anyway. In general chances are good that a cubietruck or maybe even a raspie can run as a node.
This allows for 24/7 uptime using only tiny amounts of energy.
A consumption of less than 5W is possible, but very much depends on the further factors like the amount of transactions and transmitted data.
Yes ,indeed. POS is still a fairly new concept and is constantly being observed and tested. The amount of transactions and data and blockchain bloating will certainly increase over time but it won't cause substantial load imo.
You can request the dev for information on blockchain size and other tech details. Also wish you all the best for getting the coins.Our community can make good use of some technical minds.
IMO Proof-Of-Stake coins are the future of cryptocurreny. Being Pure POS is one of the main reasons i was interested in this coin.It's ecofriendly , chance of 51% attack is very less and unlike POW it does not give unfair advantage to miners with big rigs and asics thus discourages centralization. It creates an even playing field and gives everybody a chance.This,along with a active , functioning community can become a very good recipe for creating some big waves and furthering the cause of cryptoworld.
Also everybody please keep voting.