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All destruction options are good but my favorite is:
2) Put strings of characters in the address that are way beyond what anyone could generate in a vanity address. For example, if the address has "FreebiesThatWereGoneForever" in it, it's clearly beyond anyone's capability to find a corresponding private key.
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I am interested what results other stakers are getting from holding the coins.
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I have a question about PoS rewards.
After holding ~200 coins in my wallet for 10 day I mined ~0.3 LGD. Thats about 0.15% per 10 days. What math are you using to get 50% PoS stake in a year?
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I think that making extra 30M coins for securing the network is a bad bad bad idea. That means centralization and creating a single weak point in the system. What happens if the computer staking those 30M coins is hacked? Given enough motivation computers get hacked all the time.
There are better alternatives for securing the network. Do you know about proof of transaction like in Fluttercoin? Maybe its better to base 3rd generation C2 on Fluttercoin?
The reason why attacker was able to obtain sufficiently big amount of staking coins was because of the way transition from old C2 to NC2 was made through exchanges. At one point all the coins were moved to exchanges and because people are lazy they didn't withdrew to their wallets. People need more motivation for staking. If 30% was not enough motivation do you think 5% will be better? Make it 50% or more! Look at TekCoin (500%) - people have trouble buying coins on exchanges because most of the coins are in the personal wallets staking. Thats some motivation!
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Nice to see wallet launched. Updated my signature with address.
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Would be cool to get some CoolCoins. Signature updated.
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The only thing keeping me from buying some PHS is the lack of exchange where you can actually buy them. Cryptsy doesn't count. Whats the point of buying if you can't withdraw?
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Are there any plans to add coin control to the wallet? With 1 day staking time this feature would be really useful.
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Voted again on mintpal #59
Still waiting to be added to the list
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My vote on mintpal = 36.
Good work, mate. My vote on mintpal = 37  |
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My friend having less activity but got more coins than me.I'm sad.  The earlier applicators got more coins. I wish I applied 1 post later. At the post time I was jr. member 1 post later I am member. |
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Just Add you all into the list. Check your status of your applications.
Checked my status and didn't find myself  |
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PoS is the way to go! Satoshi's original idea behind PoW has lost its meaning of fair and wide distribution long ago.
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Has anybody compiled wallet from the source?
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Congrats to Coin2.0 (NC2) for winning the vote today! The market will be up soon.
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Missed the train |
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Compound Interest Formula:
P = principal amount (the initial amount you deposit)
r = annual rate of interest
t = number of years the amount is deposited for.
A = amount of money accumulated after n years, including interest.
n = number of times the interest is compounded per year
A = P * (1 + r/n)^(t*n)
67,484.62 = 50000*(1+0.3/365)^(1*365)
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Wait he is asking if coin age is destroyed for a rejected block. I believe the answer to that is NO, unless I am misunderstanding the nature of the question. If you attempt to stake and generate an orphan, your coins will simply keep attempting to stake. The age on the batch of coins that attempted to stake does not reset until a stake reward is confirmed. I believe the answer "Yep " is to the second question: "Maybe I missed something obvious in the wiki?" |
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