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Author Topic: How to create a POS coin, is this correct?  (Read 484 times)
supercanada1
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June 06, 2015, 06:07:40 PM
 #1

I want to create a POS coin and here:
1. I use POW such as X11 to premine coins in genesis block and the 2nd block, then after block 3, I set the reward to 0 after block 3.
2. set LAST_POW_BLOCK=4
3. I also set the aanual rate etc for POS

This means, after block 4, the POW will stop? so after block 4,
1. whether I still need to mine in order to keep sync?
2.if somebody just leave the wallet open and NOT mine, whether the sync can still be kept?
3. no cpu resource will be used after block 4, correct?
Thanks

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June 07, 2015, 04:09:44 AM
 #2

Instead of making a hundred threads asking one question each, how about using google and testing it out.
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June 07, 2015, 02:24:05 PM
 #3

Instead of making a hundred threads asking one question each, how about using google and testing it out.

Bahahaha. I was thinking the same thing.


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June 08, 2015, 12:25:44 AM
 #4

Maybe just PM iGotSpots. That dude has made like 500 scamPoS coins.
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June 08, 2015, 07:51:43 AM
 #5

Actually these kind of questions are not easily answered
by googling.

But... you're moving too fast, without understanding the
basic stuff.

Think about it. What does it mean for "PoW to stop"?
What does the LAST_POW_BLOCK in code mean and how
it is used? How are the PoS blocks mined?

“God does not play dice"
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