Hi Everyone,
Latium has now been added to the Bittrex exchange and because of your support Latium continues to gain more traction every day.
We are still on schedule to make a mass pay tomorrow as we have stated. Please understand that we cannot answer all questions that have already been addressed previously.
We sent an email and posted here explaining the reason commissions were going to change over the last few days and this process is almost complete. We also greatly appreciate the community pointing out prior posts to newer users. We apologize for our lack of attentiveness in the forums over the last few days. We have a fulltime support manager that handles the majority of the posts and social media, but he has been on Holiday since last week and will return tomorrow. The rest of the team here has been focused on making sure all the appropriate changes have been made to the system to insure more efficient payouts and value for our hard working affiliates. We are sure there are certain affiliates that will see a substantial change in commission. We have seen that many referrals do not login to the system or add a wallet. We no longer view these registrations as new users since they add no value to anyone. Moving forward the goal should be to spread the message to people who have a legitimate interest in joining the Latium network. All commissions for non-active users (no Latium wallet) will be removed.
We have seen many users ask about the staking process. This is a set mathematical algorithm and a set time of when you will mint a block cannot be provided because many factors play a role in this calculation and every user’s situation is unique. If the coin balance in your wallet is smaller you will mint less frequently. The amount of coins other users have available to stake (always changing) also plays a role in how frequently you will mint a new block. If you ever question if the POS system is working, you can verify that it is by reviewing the block explorer. The system only works on POS, so anytime you see a confirmation that means someone just minted a new block. The POS system has been very stable and the amount of blocks minted daily is in line with the 150 second block time goal. If your wallet is unlocked, you have coins available, and no reserve balance set, you will mint a new block and be paid interest for the entire age of your coins no matter if takes 1 day or 120 days. We have zero control over when this happens because the POS system is integrated in the network, and interest is paid directly to your wallet automatically.
As always we appreciate all of your support and confirm our commitment to the long term viability of Latium.
According to your statement, Latium Comissions will be decreased. But whhyyy?,,..
You have already reserved 105 Billion Coins and now when the price of Latium Coins increased. You are gonna to decrease it.
Do you all think it's all a joke or you all are just Sucking our Coins. My coins also Decreased today morning.
Currently there is 5 Coins per Direct Referral. But what will be in the future. Tell me...
OR you all are planning to hit the Exchange MArket and Rush away...