At least us miners,gamers,geeks are part of the action before it goes mainstream. We should appreciate everything that occurs and comes our way. The Truth always wins in the end
Share your happiness with your family's, make your community's stronger and give all to what ever you believe in 100% and you will succeed. Lets make this a better world for everyone equally and privacy a free internet and financial freedoms can contribute to this success for all.
Hey hashforce im wondering. Does nav have a max coin supply? Or it will continue to grow forever?
From OP page 1
Min Age 4 days
Max Age unlimited
Minted Blocks Maturity 60
Stake Interest 20% for the first year
10% for the second year
5% for every following year
The difficulty in minting coins will get harder and harder over time and interest on staking will reduce after 3 years . So producing more coins will start reducing and get very difficult.
Currently POS is the most power efficient way to mint coins. I spent allot on ASIC miners and GPU mining . POS is the best!
NavajoCoin is fully POS.
With the NavajoCoin wallet the more you invest the higher your network weight is . So the higher your network weight you can give to block minting and therefor the greater share you get of the minted coins.
It worth keeping coins in you wallet and stakeing with a secured password. This also rewards the higher investors and encourages you to take and to add to network strength and process transactions.