Alright Tranz and I spoke on IRC, he's going to take over development.
We're going to increase the stake to 200% as we discussed. He's going to make the non-forking updates first and then in a few weeks we'll fork to the new reward system.
BitJohn has given me access to the official GitHub, Facebook, and John Eden account so we won't need to make a new thread or anything. All the info can stay here. Please let me know of any info on info in the OP that's out of date/incorrect.
Tranz feel free to add any info as you see fit.
Agreed.
200% Yearly ROI, 15 days min weight 45 max. So approx 8% after 15 days. Max 1,000 coins PoS reward. This will prevent a single huge user from causing a sudden spike in inflation, but is still very generous.
Plus other key fixes, and some gui enhancements. I'll be coding into my github, and once all is said and done, we will fork into the main repo, and get clients out to you guys. If anyone would like to Q/C while this is happening, that is great. I'll post changes as they happen here.
Thanks!
Max 1000 coins meaning if someone buys 50k you will only stake 1000 coins every 15 days instead of 4000? or can you break them in to smaller transaction like 10k each block and have 5 blocks so each can stake 800 coins?
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