i did not watch on wallet code, but as a lot of members think it's ghostcoin copy past , so Min Stake 'd be 21 days.
now we have coin with pow period over on 7 days but with POS cannot starting before 21 days. what's that means? that's means blockchain will be not maintained between 7 and 21 days. dev team try to convince holders to put their hashpower for free (10 wc/block) to maintain the blockchain between 7 -21 days. but the dev cannot explain it clearly. if exchange sites'll blocks deposit/withdrawal for 14 days, the coin'll be dead! also how to maintain blockchain meanwhile the POS phase start (May 5). even, how to avoid 51% attack without a large hashpower during this period?! circulating a rumor that the blockchaine is stable and well secured? securised by 100 Mh/s?!!
Dev gains time until May 5, but what if the POS does not work right on May 5?!!
old dev realized the mistake he committed by fixing POW at 7 days while Min Stake is at 21 days! it is not expert in programming. he can do nothing he sold what he had and leave whitecoin bumping against the wall. many think it is saveable.
now we have coin with pow period over on 7 days but with POS cannot starting before 21 days. what's that means? that's means blockchain will be not maintained between 7 and 21 days. dev team try to convince holders to put their hashpower for free (10 wc/block) to maintain the blockchain between 7 -21 days. but the dev cannot explain it clearly. if exchange sites'll blocks deposit/withdrawal for 14 days, the coin'll be dead! also how to maintain blockchain meanwhile the POS phase start (May 5). even, how to avoid 51% attack without a large hashpower during this period?! circulating a rumor that the blockchaine is stable and well secured? securised by 100 Mh/s?!!
Dev gains time until May 5, but what if the POS does not work right on May 5?!!
old dev realized the mistake he committed by fixing POW at 7 days while Min Stake is at 21 days! it is not expert in programming. he can do nothing he sold what he had and leave whitecoin bumping against the wall. many think it is saveable.
This is why you back a coin with a developer that knows wtf he is doing. Not a copy-paste dev with a pre-mine to make himself some pocket money.
). I have BCs and I sell many of them at good price, it is part of the game. Open your mind: BC price is going down despite the great work of the community. It is the norm, I will buy back my BCs when I think the price is stable. Investing in WC right now is risky but at the same time it can be more profitable AND more useful for the entire community, BC included (In my opinion scammed people do not buy BC, they simple leave the cryptoscene). 