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October 02, 2016, 04:10:27 PM |
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Well, what does negative staking mean exactly?
What I am thinking about right now, is a kind of "offline penalty", meaning, wallets that are not active(i.e. staking, sending or receiving coins), lose a percentage of what they hold. What is lost is paid back to those who stake. This has some interesting implications:
- first of all, it wouldn't be much more of a "switcharoo", meaning, effectively the value of a coin where new coins are mined/forged decreases as well, but the numbers look a bit different.
- Coins can't get lost forever, because over time, they will get back into the system. This is quite interesting, because this mitigates one of the bigger problems of fixed amount coins.
- People are incentivised to either stake or use their coins, not to hold them long time in cold storage.
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