Author

Topic: Cost and time frame for switching a coin from POW to POS (Read 572 times)

legendary
Activity: 882
Merit: 1024
Swap chains; not worth the time trying to Frankenstein it

I would like to see how it would be done purely from a technical point of view but a direct swap is much easier.
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
Swap chains; not worth the time trying to Frankenstein it

+1 - a lot easier.

P.S. I can connect you with EmpoEx guys for the swap, but believe me.. you don't know what you are dealing it. Your chance for revival (or whatever) of your coin is 0.00001%.
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
Swap chains; not worth the time trying to Frankenstein it
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
We did that not long ago with FAIL, but we used completely different source and we made swap.
I think the OP want existing coint to be forked, which is far more complicated and can cause troubles.
legendary
Activity: 1974
Merit: 1010
Any devs offering up their services for this type of conversion work?  Smiley
legendary
Activity: 996
Merit: 1013
Depends on many factors.

For a pure Pow coin it is a decision whether to incorporate
PoS code in the existing source, or if it is more expedient
to migrate to a new codebase that supports both PoS and
the PoW algo.

Peercoin-style transactions also have
a timestamp field, which does not appear in standard PoW
transactions, and this has to be dealt with.

full member
Activity: 154
Merit: 100
I was wondering how much a dev would charge to change a coin from POW to POS and roughly how long this would take?

Cheers

Nick
Jump to: