DEV, you have a strange POS reward value. How are you going to attract investors?
Also, I watched Explorer and see that POS is not working. POS blocks appear very rarely and have a reward equal to Fees. Only POW coins are not relevant right now
I am aware the structure for POS and POW - 50 /50 Either good pos or tx pos - POS is meant to move the blocks either you get a good POS (which is equivalent to the POW lowest amount) or a TX fee POS . POS holders is good to keep connections running but mining will be rewarded higher as they put in effort to mine .
POS equivalent of 1000 DIMI is needed to be build first in order for POS to function . As this is a low reward coin the feature will be active once this amount is met . Goal is to make a vault type coin , a project an experiment . If it was a normal output the POS rewarding would have been more frequent but this still has to build up from the coins available
If I understand you correctly then:
1. At the moment there is only TX fee POS, which only works if there is a transaction and payment Fees.
2. A full-fledged POS with a reward is only possible if 1000 DIMIs are available in one transaction. Apart from the premine, 1000 coins will be mined only after 40,000 blocks, that is, after 1.2 months. And then if we assume that they will be in one person.
In fact, this coin does not have POS in the usual sense. If I'm wrong, correct me.
Another misconception:
Goal is to make a vault type coin , a project an experiment .
mining will be rewarded higher as they put in effort to mine
Tell me, who will treasure coin - miners or investors? Who is at greater risk - the miner who immediately sells, or the buyer who keeps and spends his savings on it?
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1. At the moment there is only TX fee POS, which only works if there is a transaction and payment Fees.
2. A full-fledged POS with a reward is only possible if 1000 DIMIs are available in one transaction. Apart from the premine, 1000 coins will be mined only after 40,000 blocks, that is, after 1.2 months. And then if we assume that they will be in one person.
Linked to 1&2 Yes - unfortunately it will have to move quite a bit until the POS requirement is filled- Premine is for teams / bounty programs / coin listings once all is working more streamline
In fact, this coin does not have POS in the usual sense. If I'm wrong, correct me.
No it does not have normal POW or POS - The coin specs indicates the following
POW 0.01 / 0.04 Reward on even or odd with a halving factor of 500 000 blocks
POS 0.01 /.00001 Rewards or odd with a halving factor of 100 000 0 blocks
Tell me, who will treasure coin - miners or investors? Who is at greater risk - the miner who immediately sells, or the buyer who keeps and spends his savings on it?
Lets make the first note again * Experimental coin . This can have all value or no value at all - I want to make this clear i don't want anyone to put in their live savings into this nor will i endorse making a value . Now that's out of the way
Early miners will be rewarded, however halving mechanics as BITCOIN is quicker for POW then POS (stated above) - so lets say it's a interesting type of coin that could either be a great tool for it's miniature size with extremely low TX fees or no tool at all. I would like to publish my Exchange
At the end of the day i can't give it a value and fake a value for the coin. But i do appreciate the questions asked
