It is based on this statement, we found the difference in the growth rates of the number of participants who divided the consensus and the rate of quantitative growth of the crypto currency. We received the first targeting of Minexbank which expresses the growth of the cost of Minexcoin at the level of 33.6% per year. In our opinion, Minexcoin should be in the trend of the crypto currency world in order to possibly ensure, at a minimum, the evolutionary distribution of minexcoin as a means of payment.
This value will be used by the Minexbank during 2017 and may be changed depending on the development trends of cryptoeconomics in the future.
(look before)
That's my doubt, how the top10 criptos will continue growing 33,6% a year for decades? In this way both 10 will have marketcap of 1 trillion. I believe that some will continue growing and some will disapear and open space to others coins on the top10, so minexcoin will left this dumping coins and start to invest on new growing ones that will be on top10, right? How will be made this transaction between coins? minexcoin will wait the "new strong coins" appears on top10 or will invest before this(and left the coin that the marketcap is going down)?
Absolutely not correct interpretation. It is a question of linking to Minexcoin to the cross-rate of 10 top-level caps on the level of capitalization. And then only in the following sense: All investors and holders of Minexcoin will be interested in the price of Minexcoin in dollars. How to determine it if the main trading volumes on the exchanges are trades in pairs of crypto / crypto. But the price of all these top 10 crypto-currencies is strongly changing in relation to the dollar. The Minexbank algorithm for work will need to evaluate the current cost of Minexcoin with an interval of 1 second. For example, Minexcoin costs 0.01 BTC, and BTC costs $ 1200. This means that 1MNC costs $ 12. But what if the BTC falls sharply or rises? Minexbank will not have correct information about the currently cost of Minexcoin. And he will take the wrong decision. In order to avoid this, Minexbank will recalculate the current MNC value to the dollar every second not through just BTC, but through each of the top 10 currencies, taking into account the level of each currency's capitalization to the top 10 basket.
If you do not understand clearly, do not hesitate, ask.