This is POS V3. Please read the OP on detailed instructions on the best way to stake.
Ive created a poll on if we should disbale pow or not. Please vote.
Vegas
Hi, could you elaborate with more details consequences of disabling POW?
Do you plan to keep same stake % reward or to increase it. If there are now POW, there will be less new coins, less profit for MasterNodes. Less interest for investors. Lower coin price...you know the rest.
Right?
Thank you.
The problem is price was VERY strong until I raised the pow reward to 5. Then we became a target of dumpers, and multipools.
There WILL be less coins. This is GOOD. When people are mining, they are NOT buying from the exchange, they are dumping on the exchange.
So the plan on the next wallet release is this:
POS - 1 VGS total reward .5 VGS to staker, and .5 VGS to masternode.
I will also further develop Jackbot blocks that can be a multiplier of 2x, 3x,5 x, 10x, 20x and 50 x your stake reward. a 2x will be about 10% chance, 3x about 5%, and 50x will be .01% chance. A special icon will be displayed to tell you you scored a jackpot block.
The price of VGS was strong until the miners came and dumped on us. The good news is VGS is STILL rare at 300k coins, and will gently inflate.
Vegas
Also need to get us listed on coinmarketcap and masternode pro. Do both of those we will be seriously rockin and price will stay high!