no it does not. let me explain.
i am not sure if the dev team can do other things beside copy clone ( another fact: mint is just a copy clone ).
can they innovate. do they understand the actual pos design. are they able to extend bitcoinj to pos.
if so, building a mobile wallet should not be a problem.
if so, future might be secured... i might buy more. if not. i dump all.
i only care about profit. this is just another coin i ride.
If you dump all of your Mintcoins, it means you lose out. Since you are spreading FUD, you should be spreading FUD in order to lower the price to buy. Don't mess it up. You have to buy low, then sell high if you talk about profit. Don't sell while you are spreading FUD, that's just silly. If you can't lower the price anymore with your FUD (there is a big buy wall at 10 satoshis), you should just buy in now. I promise you, it's the smart move. The coin is extremely valuable and it will rise really soon and then you can make profit. Go with me on this one. The developer is excellent and the community is strong and growing
-you cannot clone these. This will give you tons of profits.
How is mint just a copy clone? Mint is the first coin to implement PoW/PoS hybrid that goes to 1 coin PoW after the initial PoW phase. Mint is also the first PoW/PoS coin to have a coin cap. The combination of these makes MINT superior in energy efficiency and ability to retain value without being inflated away due to the coin cap. This is a combination of many of the best features of many prior coins, (speed, coin cap, energy efficient, fair distribution) and the combination of such features is what make it new innovation.
how is mint just a copy clone? take velocity coin, use a compare program... you will see that the code, except for the pow engine is equal. changing some parameters is not innovative. also the coin cap, max_money? that is not the coin cap. you have been smoking too much pot.
- speed? copied
- coin cap? does not have one.
- energy efficient? ok
- fair distribution? no. it was hit by multipools.
int64 GetProofOfStakeReward(int64 nCoinAge, unsigned int nBits, unsigned int nTime, int nHeight)
{
int64 nRewardCoinYear;
nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE;
if(nHeight < YEARLY_BLOCKCOUNT)
nRewardCoinYear = 4 * MAX_MINT_PROOF_OF_STAKE;
else if(nHeight < (2 * YEARLY_BLOCKCOUNT))
nRewardCoinYear = 3 * MAX_MINT_PROOF_OF_STAKE;
else if(nHeight < (3 * YEARLY_BLOCKCOUNT))
nRewardCoinYear = 2 * MAX_MINT_PROOF_OF_STAKE;
int64 nSubsidy = nCoinAge * nRewardCoinYear / 365;
if (fDebug && GetBoolArg("-printcreation"))
printf("GetProofOfStakeReward(): create=%s nCoinAge=%"PRI64d" nBits=%d\n", FormatMoney(nSubsidy).c_str(), nCoinAge, nBits);
return nSubsidy;
}
how does it have a max cap?
static const int64 MAX_MONEY = 70000000000 * COIN; // 70 bil
please explain.
ps. the android wallet is nice. if succeeds. there is a reason why there arent any pos mobile wallets yet.
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