[ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY

[LuckyKey]

Maybe 100% first year, 50% second year, 25% third year….?

More coins is meaningful to the majority - with smaller coin amounts; i.e., less than 2

Strong incentive to hold for initial growth years

[deephouse]

Agree with the above two proposition of first year 100% rate with declining rate of return the following years

[Ziploc]

8208, we are moving.

yes...my wallet is in Sync again

[raskul]

100% per annum is good, let it be.

[wasamata]

do we need a vote/poll on the pos or?

[jorrr]

100 % or 20 % whatever, if it works i'm happy. 1 year is ages in crypto universum anyway.

[johntseng]

100% per annum is good, let it be.

Yea, see the price now. People like it.
Anyway, with 100% stakes, 10years will only take it to 1,024,000.
(Assume ALL coins stake in wallet which is not gonna happen.)
which is still very little compare to other coins.
but the coin will gain 10 years of high chance to develop and so be adopted widely.

[jorrr]

100% per annum is good, let it be.

Yea, see the price now. People like it.
Anyway, with 100% stakes, 10years will only take it to 1,024,000.
(Assume ALL coins stake in wallet which is not gonna happen.)
which is still very little compare to other coins.
but the coin will gain 10 years of chance to develop and so be adopted widely.

Need more FUD price is going up too fast now lol

[johntseng]

100% per annum is good, let it be.

Yea, see the price now. People like it.
Anyway, with 100% stakes, 10years will only take it to 1,024,000.
(Assume ALL coins stake in wallet which is not gonna happen.)
which is still very little compare to other coins.
but the coin will gain 10 years of chance to develop and so be adopted widely.

Need more FUD price is going up too fast now lol

make it up 1000% a day and becomes a legend!

[deephouse]

do we need a vote/poll on the pos or?

Good idea

[HunterS]

yep.few people buying on mintpal.must of been in here and seen PoS % going to change.stocking their wallet

[HunterS]

wow .people are really stocking up on mintpal.just about past 24 h high

[Ziploc]

100% per annum is good, let it be.

IMO it's way too much..

But the model might be improved;


Year 1: 10% -->fast increase in adoption, but most people will hold and stake
Year 2: 7,5% --> Same as 1st Year
Year 3: 5% --> More exchanging hands
Year 4: 2,5% --> Even more exchanging hands, but the adoption should be already nice
Year 5 and after: 1% --> Prevent the inflation and secure the network

[manav1112]

so is there only ever going to be 1000 coins in total

I believe it is 1000 for PoW and 9000 for PoS

[Ziploc]

OK.... 100% its like (2^year)*1000 coins

PC based math, its very cool  

not if the staking is compounded every few hours...

[johntseng]

yep.few people buying on mintpal.must of been in here and seen PoS % going to change.stocking their wallet

Yes, I was not care about the 1% stake at all and no plan to move them to wallet.(keep in exchange.)
But now I moved them to wallet immediately. lol

[bspus]

OMFG.so if u dont have a full coin u dont stake .this is turning into a fuking joke this coin.

I never read such a comment from the dev.

The only thing he said was that you should buy more coins to increase your chances of staking and that got misunderstood and blown up way out of proportion.
I wish he hadn't said it

I think 100% for just a month would be enough to get things going (raise supply to almost 1100 total) and then 20% for the rest of the year and 5% after.
But really, at this point just anything to get us moving

[jorrr]

OMFG.so if u dont have a full coin u dont stake .this is turning into a fuking joke this coin.

I never read such a comment from the dev.

The only thing he said was that you should buy more coins to increase your chances of staking and that got misunderstood and blown up way out of proportion.
I wish he hadn't said it

I think 100% for just a month would be enough to get things going (raise supply to almost 1100 total) and then 20% for the rest of the year and 5% after.
But really, at this point just anything to get us moving

Sounds perfect!!

[nexus00]

I don't know about you guys...but my wallet says staking and my weight is 3. Expected time to earn reward is 52 minutes.

[HunterS]

so is there only ever going to be 1000 coins in total

I believe it is 1000 for PoW and 9000 for PoS

cheers bro