Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [XBS] Bitstake | For everyday digital currency tasks
by
Bitstake
on 25/02/2015, 21:14:17 UTC
Hello,

Is there a reason why SWIFT was chosen?  What is the criteria to get on bitstake?

Also, you are using the old SWIFT logo, here is the new one:

http://bitswift.io/wp-content/uploads/icon_big.png


thanks,

-bitswift devs


You didn't know that you guys were chosen?

No, and we have no affiliation with bitstake or its developers and know nothing about bitstake platform or its services.

It appears that when you make a deposit into bitstake platform, you give up your control of your coins.  We are still researching the service and trying to make sense of it.  It would be nice if someone from the bitstake team would contact us so we can be better educated on the bitstake platform and its goals.

-bitswift

There are no criteria set for coin listing since we are still in beta, Bitstwift was chosen randomly and being in top 100. Multi-stake mechanism is the extension of Bitstake account where users can stake multi coins and get payout in XBS.

Multi-stake is essential to all POS since most of the network are unsecured due to lack of staking. 10 wallets owns 72.97 % of all Bitswift and overall staking is still 15%.

Users doesn't lose control over their coins.

https://chainz.cryptoid.info/swift/#!extraction