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Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Proof of Stake - Majority of Coins Burned
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michaelmclees (OP)
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December 29, 2015, 02:43:57 AM
 #1
What happens in a typical proof of stake system if a vast majority of the coins are burned?
incognitoworker
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December 29, 2015, 08:01:34 PM
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Quote from: michaelmclees on December 29, 2015, 02:43:57 AM
What happens in a typical proof of stake system if a vast majority of the coins are burned?
POS difficulty goes down, nothing more.
Same as if vast majority was not staking.

IW
Quotient- Closed loop economy enviroment experiment
https://bitcointalk.org/index.php?topic=1195335.0
michaelmclees (OP)
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December 29, 2015, 09:25:49 PM
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Thank you.
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