InflationCoin - IFLT - 4% POS - SourceForge Project of the week 2018

[josephdd1]

Hm, this looks interesting...
Is this coin added, or it will at some point, on POSwallet.com?
I will download this wallet of course for now.

[ftm_Sap]

Hm, this looks interesting...
Is this coin added, or it will at some point, on POSwallet.com?
I will download this wallet of course for now.

Not sure about this year, maybe in next year it will be add on POSwallet.. If you need nodes PM to me.

[DarkStar1O9]

10 Billion is too much. To sell after 1 Satochi!?

10 Billion is the max supply which will take years or significantly longer depending on how many users are staking. The current supply is 365 million.

[AngelOfDarkness]

10 Billion is too much. To sell after 1 Satochi!?

10 Billion is the max supply which will take years or significantly longer depending on how many users are staking. The current supply is 365 million.

Off course it will take years to stake, the reason you made it 10 billion is to get a huge premine.

Indeed only 2.5% but of 10 billion coins that is huge.

More and more devs try to hide a huge amount of coins this way.

WE NOT STUPID!!!!

[DarkStar1O9]

10 Billion is too much. To sell after 1 Satochi!?

10 Billion is the max supply which will take years or significantly longer depending on how many users are staking. The current supply is 365 million.

Off course it will take years to stake, the reason you made it 10 billion is to get a huge premine.

Indeed only 2.5% but of 10 billion coins that is huge.

More and more devs try to hide a huge amount of coins this way.

WE NOT STUPID!!!!

I'm not the developer i'm just a holder, I bought or mined the coins just like everyone else.

[playersfun]

why my wallet need some days to complete staking and get my rewards??

Your wallet is syncing already?
Every POS wallet need some time for get rewards, time depends of the volume of your stake and volume of all network. Also minimum hold for POS - 24 hours (for IFLT coin).

yeah. i have 10k coins. so i need to wait longer? not only 24hours?

It depends on your weight vs net weight. Give it some time and it will stake eventually

and why do i get coins every hour on poswallet? Is staking alone much more difficult?

[Daffadile]

Looks good. I am glad the interest goes down after a year. Good for early investors. That is if the coin lasts. How do you even take over a coin ? How do you reset the blockchain ? Also please put up a faucet and some bounties.

[DarkStar1O9]

Looks good. I am glad the interest goes down after a year. Good for early investors. That is if the coin lasts. How do you even take over a coin ? How do you reset the blockchain ? Also please put up a faucet and some bounties.

I just bought the coins early and began staking cause the interest rate is so high this year and compoundable, so others have an opportunity to do the same right now. I started with 17 million coins and between buying some more and the staking interest, now have 56 million after about a month and a week. Don't see that many people with higher balances past 1 million staking the coins on the blockchain so if you do have more in holdings you should definitely stake them and hold them on your home wallet instead of an exchange, you can already make good profit currently even reselling from 1 sat, and I'll be continually buying up the coins through next year regardless of the result. There's a new faucet on the thecryptochat.net but think I forgot to list it, I'll make sure to add it to the thread now. The blockchain also was never forked or reset only some new node providers added from the original.

[Daffadile]

Looks good. I am glad the interest goes down after a year. Good for early investors. That is if the coin lasts. How do you even take over a coin ? How do you reset the blockchain ? Also please put up a faucet and some bounties.

I just bought the coins early and began staking cause the interest rate is so high this year and compoundable, so others have an opportunity to do the same right now. I started with 17 million coins and between buying some more and the staking interest, now have 56 million after about a month and a week. Don't see that many people with higher balances past 1 million staking the coins on the blockchain so if you do have more in holdings you should definitely stake them and hold them on your home wallet instead of an exchange, you can already make good profit currently even reselling from 1 sat, and I'll be continually buying up the coins through next year regardless of the result. There's a new faucet on the thecryptochat.net but think I forgot to list it, I'll make sure to add it to the thread now. The blockchain also was never forked or reset only some new node providers added from the original.

Ok thanks for the reply. I see there are no buy orders though that is a bit worrying and there are so many people selling over 1.25 btc at 1 satoshi or something like that. Like the coin but I dunno if it will sell all that much. How would it do well ? You say you will buy back but why ?

[DarkStar1O9]

Looks good. I am glad the interest goes down after a year. Good for early investors. That is if the coin lasts. How do you even take over a coin ? How do you reset the blockchain ? Also please put up a faucet and some bounties.

I just bought the coins early and began staking cause the interest rate is so high this year and compoundable, so others have an opportunity to do the same right now. I started with 17 million coins and between buying some more and the staking interest, now have 56 million after about a month and a week. Don't see that many people with higher balances past 1 million staking the coins on the blockchain so if you do have more in holdings you should definitely stake them and hold them on your home wallet instead of an exchange, you can already make good profit currently even reselling from 1 sat, and I'll be continually buying up the coins through next year regardless of the result. There's a new faucet on the thecryptochat.net but think I forgot to list it, I'll make sure to add it to the thread now. The blockchain also was never forked or reset only some new node providers added from the original.

Ok thanks for the reply. I see there are no buy orders though that is a bit worrying and there are so many people selling over 1.25 btc at 1 satoshi or something like that. Like the coin but I dunno if it will sell all that much. How would it do well ? You say you will buy back but why ?

Just figuring out something longer term for me and seeing how it goes. Also was a low risk deal funds wise compared to other ideas or companies i've worked with.

[playersfun]

another newbee questeion 
do i need to open the wallet for staking or can i open the wallet once a week?

[sayyedraza]

another newbee questeion 
do i need to open the wallet for staking or can i open the wallet once a week?

Add coin in your wallet then close and open after 24 hour then keep open 24/7 

Enjoy happy staking  800% 

[playersfun]

another newbee questeion  
do i need to open the wallet for staking or can i open the wallet once a week?

Add coin in your wallet then close and open after 24 hour then keep open 24/7  

Enjoy happy staking  800%  

so i need open every 24/7 hours to get staking?

[ftm_Sap]

another newbee questeion  
do i need to open the wallet for staking or can i open the wallet once a week?

Add coin in your wallet then close and open after 24 hour then keep open 24/7  

Enjoy happy staking  800%  

so i need open every 24/7 hours to get staking?

One more time. First time you open a wallet, wait till it sync, after you could close it for 24 hours. Then open again and your wallet must be open all the time, like every another POS wallet. This is a POS.

[playersfun]

ok now i get it :)thx

[ostrogoto2012]

how to get some coin?

[ftm_Sap]

how to get some coin?

Now you could buy it on Yobit, some later IFLT would be on Novacoin (You could vote for it right now). If you're mean free coins, here is a link on faucet. Oh, and also you could mine it)

[pineapples]

another newbee questeion  
do i need to open the wallet for staking or can i open the wallet once a week?

Add coin in your wallet then close and open after 24 hour then keep open 24/7  

Enjoy happy staking  800%  

so i need open every 24/7 hours to get staking?

it's all probability, like rolling a dice.

when you have the wallet open (and staking), you're rolling the dice, when you close the wallet, no dice.

as your coins get older (up to 30 days) with no stake, the dice slowly get more and more loaded until the point where it only takes one roll.

..
well that's a loose story if the are many people staking, you might always need a goodly amount of rolls even with well aged coins.

[DarkStar1O9]

another newbee questeion  
do i need to open the wallet for staking or can i open the wallet once a week?

Add coin in your wallet then close and open after 24 hour then keep open 24/7  

Enjoy happy staking  800%  

so i need open every 24/7 hours to get staking?

it's all probability, like rolling a dice.

when you have the wallet open (and staking), you're rolling the dice, when you close the wallet, no dice.

as your coins get older (up to 30 days) with no stake, the dice slowly get more and more loaded until the point where it only takes one roll.

..
well that's a loose story if the are many people staking, you might always need a goodly amount of rolls even with well aged coins.

Disagree it's consistent and compoundable interest with the 24 hour staking period. With higher balances like 1m example eventually you get staking payments continually

[pineapples]

another newbee questeion  
do i need to open the wallet for staking or can i open the wallet once a week?

Add coin in your wallet then close and open after 24 hour then keep open 24/7  

Enjoy happy staking  800%  

so i need open every 24/7 hours to get staking?

it's all probability, like rolling a dice.

when you have the wallet open (and staking), you're rolling the dice, when you close the wallet, no dice.

as your coins get older (up to 30 days) with no stake, the dice slowly get more and more loaded until the point where it only takes one roll.

..
well that's a loose story if the are many people staking, you might always need a goodly amount of rolls even with well aged coins.

Disagree it's consistent and compoundable interest with the 24 hour staking period. With higher balances like 1m example eventually you get staking payments continually

not sure what you're disagreeing with.
but you definitely do not get any stake rewards unless the wallet is open and staking.

PoS is similar to PoW in that you need some computing power hashing numbers until it wins.
so you need your wallet open for it to do anything.

with PoW your probability of getting teh correct hash iincreases with your computing power,
with PoS your probability increases with your input size and age, the longer you do not stake, the more chance you have (until the max age of 30 days)

the probability is also dependent on the difficulty which is determined by the entire networks ability to create blocks,
so the more people staking, the higher the difficulty,


it's equivalent to rolling a dice because it's down to chance when you get a block.