Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MANDATORY UPDATE ██ ZEITCOIN MOVEMENT [FULLY POS] ██
by
kiklo
on 16/01/2015, 23:36:35 UTC
I don't like the idea to go straight to 5%.
That would just show that zeit is weak.
If the community is strong enough the problem should be solved otherwise we or better said Zeit has no future.
I like Zeitcoin but just the strong survive.
But at least the Zeitknights will make a decision.

Understandable , but dropping to 5% would have some positive effects, the value of your zeitcoins would rise faster as the exchanges will not be loaded with people selling their stake keeping the price per zeit lower. Plus it requires you to own more zeit to be able to stake the same amount and weakens any whales out there. Don't forget we got 1 whale with 4 billion coins at the moment.

Dropping to 5% keeps a high enough rate , that we still perform better than most real world rates.
It would increase the security of the zeitcoins you already own by blocking these bashing groups.
It will happen in 2 years anyway.

 Cool