Author

Topic: How to create a POS coin, is this correct? (Read 595 times)

legendary
Activity: 996
Merit: 1013
June 08, 2015, 02:51:43 AM
#5
Actually these kind of questions are not easily answered
by googling.

But... you're moving too fast, without understanding the
basic stuff.

Think about it. What does it mean for "PoW to stop"?
What does the LAST_POW_BLOCK in code mean and how
it is used? How are the PoS blocks mined?
legendary
Activity: 3136
Merit: 1116
Maybe just PM iGotSpots. That dude has made like 500 scamPoS coins.
legendary
Activity: 1008
Merit: 1022
Instead of making a hundred threads asking one question each, how about using google and testing it out.

Bahahaha. I was thinking the same thing.
legendary
Activity: 882
Merit: 1024
Instead of making a hundred threads asking one question each, how about using google and testing it out.
sr. member
Activity: 798
Merit: 253
I want to create a POS coin and here:
1. I use POW such as X11 to premine coins in genesis block and the 2nd block, then after block 3, I set the reward to 0 after block 3.
2. set LAST_POW_BLOCK=4
3. I also set the aanual rate etc for POS

This means, after block 4, the POW will stop? so after block 4,
1. whether I still need to mine in order to keep sync?
2.if somebody just leave the wallet open and NOT mine, whether the sync can still be kept?
3. no cpu resource will be used after block 4, correct?
Thanks
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