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No_2 (OP)
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September 30, 2013, 10:45:46 PM |
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Apart from CryptogenicBullion are there any other cryptocurrencies that pay interest on funds held: ... Moreover, the 2% annual interest is as result of the Proof of Stake (PoS)*** scheme...
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rbdrbd
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September 30, 2013, 10:50:29 PM |
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PPCoin (1%), Novacoin (some ungodly amount). Anything forked from PPCoin or Novacoin source (e.g. Bitbar, bottlecaps, etc)
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Fuserleer
Legendary
 Offline
Activity: 1064
Merit: 1016
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September 30, 2013, 11:05:24 PM |
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eMunie will, its a variable rate depending on the amount of new eMu generated by supply & demand signals in the system.
Interest is linked to inflation to ensure that current stake holdings are not diluted by more supply needed to fill demand.
Without getting into the maths, interest is always at least 1 point higher than current inflation rate and with a moderate adoption over the course of the next 2 years, should see interest rates average in the 5-6% range.
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lajz99
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September 30, 2013, 11:34:52 PM |
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eMunie will, its a variable rate depending on the amount of new eMu generated by supply & demand signals in the system.
Interest is linked to inflation to ensure that current stake holdings are not diluted by more supply needed to fill demand.
Without getting into the maths, interest is always at least 1 point higher than current inflation rate and with a moderate adoption over the course of the next 2 years, should see interest rates average in the 5-6% range.
But, I've got to ask, who's going to mine a coin that has a site where none of the links work?  |
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QuantPlus
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September 30, 2013, 11:40:02 PM |
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eMunie will, its a variable rate depending on the amount of new eMu generated by supply & demand signals in the system.
Interest is linked to inflation to ensure that current stake holdings are not diluted by more supply needed to fill demand.
Without getting into the maths, interest is always at least 1 point higher than current inflation rate and with a moderate adoption over the course of the next 2 years, should see interest rates average in the 5-6% range.
But, I've got to ask, who's going to mine a coin that has a site where none of the links work? Only the hand-picked Early Adopter Club. |
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Tranz
Legendary
Offline
Activity: 1540
Merit: 1052
May the force bit with you.
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October 01, 2013, 01:39:40 AM |
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If you want to see POS work, try HBN, coins are cheap and easy to mine right now. POS starts at 10days.
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danyy
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October 01, 2013, 01:54:40 AM |
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You can trade any altcoin instantly into bitcoins and get into any interest fund.
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sam53
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October 01, 2013, 02:01:06 AM |
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All PoS coins pays interests: SAV, PHS, DMD, GRW, CAP, LK7, HBN, ADT, STR.
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No_2 (OP)
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October 01, 2013, 07:17:58 AM |
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eMunie will, its a variable rate depending on the amount of new eMu generated by supply & demand signals in the system.
Interest is linked to inflation to ensure that current stake holdings are not diluted by more supply needed to fill demand.
Without getting into the maths, interest is always at least 1 point higher than current inflation rate and with a moderate adoption over the course of the next 2 years, should see interest rates average in the 5-6% range.
How does eMunie judge inflation? Is it done centrally or in a decentralised way? |
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No_2 (OP)
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October 01, 2013, 07:21:23 AM |
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So how much does Novacoin pay? Any specific sources of info you can point me at for this? PPCoin (1%), Novacoin (some ungodly amount). Anything forked from PPCoin or Novacoin source (e.g. Bitbar, bottlecaps, etc)
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No_2 (OP)
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October 01, 2013, 07:37:57 AM |
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From what I gather from this Wikipedia article PPC has both interest payment and is inflationary, that is money held in savings has it's value eroded by the production of more PPC: http://en.wikipedia.org/wiki/PPCoinCan anyone clarify the specifics of these two mechanisms; I'm not able to read the PPC source code natively so need to understand this from a functional implementation perspective. |
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Balthazar
Legendary
Offline
Activity: 3108
Merit: 1359
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October 01, 2013, 09:11:14 AM |
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So how much does Novacoin pay? Any specific sources of info you can point me at for this? PPCoin (1%), Novacoin (some ungodly amount). Anything forked from PPCoin or Novacoin source (e.g. Bitbar, bottlecaps, etc)
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herzmeister
Legendary
Offline
Activity: 1764
Merit: 1007
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October 01, 2013, 10:51:33 AM |
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TANSTAAFL
/thread
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Fuserleer
Legendary
Offline
Activity: 1064
Merit: 1016
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October 01, 2013, 02:25:46 PM |
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The site isn't important right now though is it, no ones going there (other than guys from here), its not being promoted to the masses and effort on development is surely more important? I do agree it needs finishing up though. eMunie will, its a variable rate depending on the amount of new eMu generated by supply & demand signals in the system.
Interest is linked to inflation to ensure that current stake holdings are not diluted by more supply needed to fill demand.
Without getting into the maths, interest is always at least 1 point higher than current inflation rate and with a moderate adoption over the course of the next 2 years, should see interest rates average in the 5-6% range.
But, I've got to ask, who's going to mine a coin that has a site where none of the links work? The interest/inflation is decentralized too, all nodes agree on the current inflation rate and come to a consensus on the current interest rate. Interest payments are then made as and when individual stakes are due them. eMunie will, its a variable rate depending on the amount of new eMu generated by supply & demand signals in the system.
Interest is linked to inflation to ensure that current stake holdings are not diluted by more supply needed to fill demand.
Without getting into the maths, interest is always at least 1 point higher than current inflation rate and with a moderate adoption over the course of the next 2 years, should see interest rates average in the 5-6% range.
How does eMunie judge inflation? Is it done centrally or in a decentralised way? |
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