Hey, Vegas
I think you should use a variable POS in keeping with the Las Vegas spirit. Like LOTTO coin. Not to high, mind you, between 10%-!00%
on a yearly basis. And not based on network weight, so everyone gets a fair chance. We both know how whales take advantage of the smaller fish.
Once coin is up and running, probably would not be to hard to get listed at Cryptopia to start with. Also, I think the coin should be affordable for the masses.
We do not need billions of coins, but less than a million? Not so sure on that. Saturn squished down their coin amount, did not help keep the value up.
Another thing coin inflation can be somewhat controlled with difficulty fluctuations. Like HYP, TEK, and TRK. Also staking time can be used to control inflation.
Could also replicate the one arm bandit and get nothing on a stake amount from time to time. Well, maybe something, like 1%-100%
I will try and down load the wallet, and try to snag some from Comkort before they shut down.
Peace, Dennis
Keep in mind, it was mentioned a coin swap would be done if possible.
I would hate to see you waste much Bitcoin if it turned out not to be possible
I was not going to spend much, since not sure what is going to happen as of yet. I do not think VGS is POS? Which would mean a fork.
Or a new block chain to swap old for new coins. Vegas is pretty ticked off at Spots! Not sure if anger was talking, or really going to take the
bull by the horns? Going to cost him some money for a dev, website, among other things. Plus needs to build this community back up. Which
is going to take some time to do. Vegas has a few people less than happy with him from several other ANN threads. Would not surprise me to
see some of them trolling and spreading FUD around, if he does go ahead and take control of this coin. If he does, definitely going to see things
from the side. Hope, Vegas can keep his temper in check. Making decisions based on emotions, usually not a good idea. Going to have to let the
flack, roll off his back and stay focused on the job at hand. I know he can build Vegas coin back up and then some. Has a great name, that is
recognizable. Millions, if not a billion people have heard of Las Vegas. I know millions of people visit Las Vegas every year. I really liked the
original dev's idea of using the coin like a coupon, for promoting various businesses in the area. People could buy the coins before coming out
to Las Vegas. What would be really cool, is to be able to redeem the coins for a coupon booklet. That has coupons for a multitude of various
businesses in the area. Could sell the coupon booklets for x amount of coins. Or QR codes for discounts at different businesses. A lot of people
have smart phones. Wallets now have android apps. With a little thought, has endless possibilities.
Just have to wait and see how things go forward from here.
Peace, Dennis