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Topic: Proof of stake (Read 614 times)

sr. member
Activity: 403
Merit: 251
September 03, 2013, 11:41:24 AM
#6
i have a question,  is it normal for proof of stake coins to outnumber pow coins by a factor of 5 before a coin has even reached 0.001 percent of it's total cap?

If the factor goes up, fewer and fewer miners can be profitable. You would think this must kill the
coin long term if it weren't for an example like XRP/ripple. (economically just that concept driven to the extreme,
proof of stake blocks or not)

legendary
Activity: 2674
Merit: 2965
Terminated.
September 02, 2013, 05:45:09 PM
#5
yes, it's normal, you don't even have to bother with programming a premine this way.
Unless you're being sarcastic, this is wrong.
legendary
Activity: 1064
Merit: 1002
September 02, 2013, 05:28:17 PM
#4
yes, it's normal, you don't even have to bother with programming a premine this way.

I dont get what your saying. That makes no sense at all.... Huh
legendary
Activity: 882
Merit: 1000
September 02, 2013, 04:27:36 PM
#3
PENNIES
sr. member
Activity: 350
Merit: 250
September 02, 2013, 03:46:09 PM
#2
yes, it's normal, you don't even have to bother with programming a premine this way.
legendary
Activity: 882
Merit: 1000
September 02, 2013, 03:41:00 PM
#1
i have a question,  is it normal for proof of stake coins to outnumber pow coins by a factor of 5 before a coin has even reached 0.001 percent of it's total cap?
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