With standard masternodes we can still get PoS rewards, or only with newest masternodecoin? If we can get PoS rewards i prefer standard masternodecoin but only if Solaris coin will still be Asic mining resistant.
Please let me clarify that. We have following possibilities:
- Only PoW and Masternodes
- PoW phase with masternodes and after that PoS with masternodes.
Thanks for support !
Second option is better.
PoW+Masternodes.
Enables options like mixing and darksend.
Also PoW must be considered the better solution for creating and distributing intial coins. (vs icos which is basicly premined shitclose sold for hype)
Then evolving to PoS+Masternodes after the initial coin supply has been created by PoW.
Benefits:
PoS enables staking for smaller wallets and holders.
MN makes sure there are plenty of nodes on the network.
MN's also constricts the supply by "locking" coins away from the markets. This again has a deflation effect as available supply is lowered. Hence increasing the buy pressure on the remaining coins and a raise in price. Each new masternode will increase the effect.
So when considering specs, its important to work out the formula of number of nodes vs coins required and how much they will lock.
I suggest getting familiar with all the common masternode coins f.ex featured at https://masternodes.pro/
The avg. reward seems to be around 45% to Masternodes.
EXCL has a very low reward of 10% ... i suspect this might be updated.
CHC recently updated to 45%ish too i think.
https://masternodes.pro/
I'm no expert, but I agree with your line of thought. If it's possible to remain with an energy friendly and less then common algorithm such as Nist5 I would really like that too since I think it helps to set Solaris apart from the pack and it relatively mining friendly, which will encourage more folks to test it out with their own hardware rather then having to purchase it at an exchange.
I detest most ICOs, so lets not even consider that crap.
- PoW phase with masternodes and after that PoS with masternodes.
My Dev advice me to end PoW at some day and go for PoS. From the technical perspective thats the best way. Its designed to work that way.
The code has the latest/newest masternodes and is based on bitcoin 0.14. In other words the code base is brand new
Algorithm XEVAN is quite new and asic resistant .
What you think?