IPO aside, this coin is poorly thought out and promises things it can't guarantee.
At the very least, instead of lowering the block reward over time they are INCREASING THE BLOCK TIME!
Does no one understand what this means?
It means this coin will eventually turn into a slow piece of shit like bitcoin.
What is the difference between reducing the block reward/increasing block time and just reducing the block reward twice as much?
THERE IS NO DIFFERENCE EXCEPT ONE SLOWS DOWN THE ENTIRE NETWORK!!
This is so poorly thought out its actually painful to see not one person has mentioned this in the entire thread.
It goes to show that many of you have no idea what the fuck is going on or how these systems work at all.
You people need to educate yourselves instead of just investing in the next shiny new coin that comes out.
Your blind support of copycoins and scamcoins is ruining the altcoin community and if it continues there won't be much profit left to make on ANY COIN.
In the long run you are just spreading us thinner and thinner over more coins that will never go anywhere.
Pick the winners, stick with them, stop supporting every piece of shit that comes out just because its new. This is how we ALL profit. Not just the losers who hop from one coin to the next.
And then you will ask BTC to erase your posts.. The coin hasn't even being launched and you say your lies talking that bad stuff. Nice try!
What the fuck did you say to me?
Lies?
BLOCK TIME
Ever changing. From 20 seconds to 10 minutes time, the block time is constantly changing and going up! This is done via steps in code so it’s not a drastic move.
We want to ensure that your investment always goes up with the coin.
How is that a lie?
You intend to increase the block time.You do know what happens when you increase the time between blocks don't you?
I don't know how else to put it any clearer: YOU WILL INTENTIONALLY SLOW DOWN THE NETWORK TO DECREASE THE AMOUNT OF COINS BEING MINED.
You could achieve the very same thing by reducing the block rewards.For example:
100 coin reward with 5 minute block time (slow) = 28,800 coins per day
20 coin reward with 1 minute block time (fast) = 28,800 coins per day
Call me a fucking liar again chump. You already look stupid, next time you will just look like a lying scumbag.
Heres an idea: How bout next time you reply with something constructive instead of just making baseless accusations.
