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Topic: ANN][ESCO][NO ICO][MASTERNODES] ESCROW COIN- ESCROW CURRENCY FOR CRYPTOWORLD - page 20. (Read 35309 times)

jr. member
Activity: 352
Merit: 1
You're not giving miners any incentive to mine your coin. You should decrease masternode rewards and increase PoW rewards in the beginning so that miner's will move blocks and stabilize your network. It seems you implemented this reward structure to benefit yourself with the premine, but did not think that without miners, you're not going to get your rewards.

MN is going to play major role.
jr. member
Activity: 352
Merit: 1
What makes you different from Descrow?

Descrow is in token stage doing ICO.

This is coin. There is difference between coin and token

We are not selling Tokens only. People can mine and stake this coin

Why is this coin any more suitable for doing escrow than any other coin? Does it have trustless smart contract capability built into it?

No transaction cost Escrow system will be developed.
full member
Activity: 171
Merit: 105
You're not giving miners any incentive to mine your coin. You should decrease masternode rewards and increase PoW rewards in the beginning so that miner's will move blocks and stabilize your network. It seems you implemented this reward structure to benefit yourself with the premine, but did not think that without miners, you're not going to get your rewards.
sr. member
Activity: 253
Merit: 252
What makes you different from Descrow?

Descrow is in token stage doing ICO.

This is coin. There is difference between coin and token

We are not selling Tokens only. People can mine and stake this coin

Why is this coin any more suitable for doing escrow than any other coin? Does it have trustless smart contract capability built into it?
jr. member
Activity: 58
Merit: 10
LOL this is one of the dumbest cash grab's i've ever seen.  you might as well just say premine=500k, 100% PoS and stake all your coins.  i mean bc that's literally what you're doing.  WTF is the point of this coin (answer: there is none).

1 % Premine

POW is there, Please read specs

member
Activity: 129
Merit: 10
what is algo for mining POW??  pool??
jr. member
Activity: 58
Merit: 10
LOL this is one of the dumbest cash grab's i've ever seen.  you might as well just say premine=500k, 100% PoS and stake all your coins.  i mean bc that's literally what you're doing.  WTF is the point of this coin (answer: there is none).


1 % is Premine , People can mine and stake.
member
Activity: 170
Merit: 10
LOL this is one of the dumbest cash grab's i've ever seen.  you might as well just say premine=500k, 100% PoS and stake all your coins.  i mean bc that's literally what you're doing.  WTF is the point of this coin (answer: there is none).
jr. member
Activity: 58
Merit: 10
What makes you different from Descrow?

Descrow is in token stage doing ICO.

This is coin. There is difference between coin and token

We are not selling Tokens only. People can mine and stake this coin
jr. member
Activity: 140
Merit: 1

Current block is already 7696, so it's not just premined, you were mining heavily before the announcement.

newbie
Activity: 30
Merit: 0
Great idea, curious to see how this plays out.

White paper has a copy pasta typo Pg 2.

Wouldn't it be better to go slightly better rewards for the masternode in the pos stage over staking?
member
Activity: 162
Merit: 10
https://pbs.twimg.com/profile_images/9498088826998
so what is POW algorithm? Scrypt?
full member
Activity: 336
Merit: 102
What makes you different from Descrow?
jr. member
Activity: 140
Merit: 1

What is masternode requirement?

member
Activity: 116
Merit: 10
So...

12 coins per block go to Masternodes.  You premined 500,000 coins.. and proof of work emission is 1 coin per block?

Yeah. This is a really retarded idea.  Could you be a bit less transparent in your cash grab next time?  Talk about selfish.
jr. member
Activity: 58
Merit: 10
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