Have your already decided what you are going to do with the remaining ~275 mil URHOC tokens?
There will be another burn.
What about overall support for tokens? Do you plan to use the masternodes? If yes, what about their characteristics? How many coins will need for them?
Masternodes will not be implemented in the initial version. I have considered implementing them, but masternodes are a centralizing feature which I deem to be unnecessary. URS is a transactional currency. URS will be the primary currency on the network and will be used to pay all transaction fees. If you want to use the YOURChain network, you will be forced to acquire URS. There might be other "currencies" on the network in later versions of the software, but even then you will need URS to pay the transaction fees for those "currencies" too. Every single transaction fee will be paid in URS. Thus giving URS absolute validity as the primary currency on the network. Currency holders will process transactions in proportion to their currency holdings if they chose to do so. YOURChain will be a pure PoS system with enhancements. These enhancements will be the sole property of URS currency holders. They will not be open sourced for everyone to copy. I have devised a scheme to ensure this. This will be groundbreaking in the cryptosphere. YOURChain will not be the creator of additional, inferior blockchains to undermine the authority and legitimacy of the URS currency holders. All URS in existence will be static. There will be no inflation or deflation unless someone burns their coins or loses their password to their account. There will be other benefits to owning URS besides the ability to earn fees from processing transactions. More on this will be revealed later.
It is good to see dev here again. We are always here for you. Keep up the good work and have fun. No more transferring to ethereum network right? 😁
The Ethereum network is a mess. We will not need to use the ethereum network anymore once the swap is complete. URS token holders will only need to make
one more transaction on the Ethereum network. You will need enough ETH to pay the tx fee with the associated payload data. I have a small amount of ETH left to facilitate the swap and after that is complete I will be selling all my remaining ETH. Ethereum is a fundamentally broken system.
So if we take away all the burned coin what is the total supplay for this coin? dev could you say something , do you plan to make any bounty in the future like signature ? thank you for the info
There will be no more additional airdrops, giveaways, or bounties. I have no need to hire any help to complete the code or host nodes. The total coin supply will be under 250M URS. The rest will be destroyed.