Topic: [ANN] MutualCoin - 10,000% & 5000% Stake (POS / POW), (Scrypt Algo) - page 53. (Read 70612 times)

Thanks for your interest. Please tell us what sort of info do you need, we'll be glad to answer any of your queries. And, yes we have planned bounties, we'll announce about them soon.

10,000% stake is not rewarded all the time, it comes in between the blocks for shorter period (10k blocks), otherwise it's 5000% stake most of the time. If you read the listing in detail, you'll find that out. Thanks!

Issuing a ASIC-mineable PoW/PoS coin with an extremely high PoS leads to a whale club:

- 10K%/y is roughly +200% per week or 3x the coins.

- First movers have an advantage mining, but soon enough the difficulty goes through the roof, latest when a couple of pools hit the coin. GPU miners are out and even older ASIC Litecoin miners will have a hard time making profits

- Shortly after, those early whale-lets switch to PoS. With compound interest, an early advantage multiplies fast, but with a hiPoS coin, the % of reward to the whales goes parabolic:

Miner A mines 100 coins, then stakes them. Once it hits a 10K% block, he is up 2x after a week. Week1 = 300coins

Miner B mines 100 coins one week after B. He also is up 2x after a week, but one week later. Week 1 = 0; Week 2 = 300

Miner A still stakes, so after week 2 he is up 2x his 300 coins = 900 coins. While both mined 100 coins, A now has 3x the amount B has, or 600 coins more

A week later, its 2700 for A, 900 for B, still 3x, but now 1800 coins more. Week after week the difference grows. Those who enter after a month will have 1/8000 of what A makes.

For a community, you need a relatively equal wealth distribution, for otherwise whales will be able to pump and dump the coin as they like once it hits exchanges. If it ever gets a community governance system, the early whales will dominate the votes.

10000% Stake of POS is very much. Any kind of plan to reduce it?

Thanks for your interest. We're not offering any airdrops. But, we'll announce bounties soon.

Thanks!!

1 Pool a little!!!!

Thanks for your interest, but as of now we're not offering any airdrops. And, also there're no plans of offering it in the foreseeable future.

Interesting project. Crazy high PoS

Don't you own any website with basic information about team and your plans ? It is not enough to make a coin successful and to keep it alive for long time with having use case for that. You must come out with website and team information as offering this high percentage of stake isn't sufficient.

Payouts are made automatically every 1 hours for all balances above 0.001, or 0.0001 on Sunday.

P.S: This is not our official pool. For further queries or support you can join discord channel of pool manager here: https://discord.gg/E2rThkk

Hi

When will be payment from pool to wallet ?

Hello! Yes we have planned bounties for the signature program and twitter. We'll update soon about it. Thanks for your interest.

Hello dev. You have signature programs, airdrop, twitter, facebook, ...

Apologizes to miners on the pool. Slight conf misconfig caused blocks to be rejected. This has been resolved and pool is starting to mine blocks.


Happy mining

What are we want? - airdrop! airdrop! airdrop!

explain why in detail why, and myself will do the airdrop to you.

Thanks for your interest. Mining pool has been updated in the listing, please check!

Dev, any airdrop? as you know building a decentralized community needs airdrops because this is ASIC algo coin.

please consider it..

Good luck!

wow, 10Gh/s  , bypass cos only 1piece GTX1700!

nice launch, nice job done, good luck with MutualCoin!