So approximately 20% of circulating coins are locked in MNs. Would a higher % be beneficial to the coin?
If im not mistaken and please correct me if I am, but im at work right now, so I cannot investigate this further.
DASH's masternodes currently holds 60-ish% of the total DASH-supply. For PIVX the masternode rate is 38-ish% and total staking rate 62.5%.
The SeeSaw algorithm is designed to keep PIVX masternodes at around 41.5% rate, so it seems to be working pretty fine.
COLX, just like PIVX uses the same Seesaw-algorithm. I can try and dig in abit further when I got the time.
The Seesaw algorithm is what determines how profitable it will be to either host a masternode or stake. I'm quite curious aswell now.
Please make sure you post any information you find on here aswell. Little things like this really makes me happy, people who are helping eachother instead of copy paste lambo shit. I love the colx com. <3
I can do a load of other shit as well as posting Lambos!!
I'm still following this thread; I just gave up posting here as I've far better things to do with my time than argue with the Paid Shills who flame everything I post... But thought I'd just drop in this update so people know that I'm still working away here and I still LOVE COLX!!! <3
It'll be very interesting to see what the paid shills have to say to this post... LOL As I said, whatever it is, I won't waste my typing even bothering to reply to them any longer...
If you want a chat, or have any ideas, you can always chat on my facebook page which is open to everybody, not just marternodes, as I can instantly ban the Shills if they ever dared to try and flame me on there... (y)
Unlike the Shills, I don't hide behind fake profiles and use my real name and addresses: https://fb.com/COLXMaternodes/
Stay Strong!
Peter Aldred