Re: [ANN] Las Vegas coin. Masternode cost only $250!! Only 400,000 coins total!

Quote from: cryptonit on June 05, 2017, 12:25:15 AM

DMDv3 will have 10000 DMD masternodes at a existing coin amount of 2.2 millions

if u expect 50% of coins in MN
(which is a high rate because u need coins active at POS too for security and u can expect also a high rate of passive users dont run POS or MN and leave coins at exchange)
then we would have just ~ 80-120 masternodes which is very low compared to most masternode coins

if i do the same calculation with VGS then i see 240k where optimistic just like 200k will be successful converted in the close 30 days window
when u estimate 50% of them be in active MN then this is just 20 MN

in my opinion that is not enough to be save against DDOS attacks and some of the normal masternode services like coin mix might not even create results that make sence with so less amount of MN

i strongly suggest u rethink the MN collateral amount towards a better suiting amount of example 1000 or at max 2000 VGS

did i miss the split rate of blockrewards between POS and MN?

how u take care that enough wallets are running in POS mode to secure the chain?

wouldnt be static block rewards like DMDv3 will use the better choice

Thank you Cryptonit. I will put a poll up on cost of 1 Masternode. Please everyone vote.

Vegas

basically because the rewards POS wallets earn will become more and more if less people take part in POS

this give incentive to run coin in POS mode even if u could fill a MN if to less people participate in POS

a annual 25% POS engine dont increase rewards if less people participate and so dont take care always enough POS securing the network

beside this little flaws which u might be able to fix with design changes i like to see move towards MN codebase

we from DMD Diamond team also did evaluate this as best path for future

just like they say the devil is in the details

so make sure u get the fine tuning of VGS the right way to not miss the opportunity of this relaunch

last but very important point for get community confidence in this coin relaunch

a very clear statement what happens with the unclaimed premine after the 30 days swap time is over

(i clear expect to read a answer that include "burn" anything else seems to me a no go Cool

)

Thank you Cryptonit. I will rethink the masternodes.

Any funds left over will go into a community wallet , that Ive always done, and it has been a public address, and all transactions used are posted everytime, and will be used for development and or marketing purposes.

Vegas

	Author	Topic: Re: [ANN] Las Vegas coin. Masternode cost only $250!! Only 400,000 coins total! (Read 78836 times)
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