Re: [ANN][XCO] X-Coin | SHA256 | PoW | PoS | No ICO and No IPO | No Premine
Guys, i have realized the min 25k coins to get good rewards is ridiculous.
Even with the auto splitting, only 50 people have more than 25k coins. also everytime you stake you need to combine it again.
I want to change the minimum input to 999 coins. And want to make it a smoother difference in rewards. And put a max reward somewhere higher. And also lower the rewards as time passes like pow does.
For this, it needs serous changes to be made in the protocol.
We should create a test coin with same specs that xcoin has now. then i put the changes on the testcoin and we see if it works. Then once it works i push the changes to xcoin.
The testcoin would be just a test. The chain will be reset a few times probably on the testcoin. Then the chain will end. so dont invest the testcoin. Mine it only to test with me. I hope some people want to test it with me. So we can make xcoin better than it is now.
Even with the auto splitting, only 50 people have more than 25k coins. also everytime you stake you need to combine it again.
I want to change the minimum input to 999 coins. And want to make it a smoother difference in rewards. And put a max reward somewhere higher. And also lower the rewards as time passes like pow does.
For this, it needs serous changes to be made in the protocol.
We should create a test coin with same specs that xcoin has now. then i put the changes on the testcoin and we see if it works. Then once it works i push the changes to xcoin.
The testcoin would be just a test. The chain will be reset a few times probably on the testcoin. Then the chain will end. so dont invest the testcoin. Mine it only to test with me. I hope some people want to test it with me. So we can make xcoin better than it is now.
Sounds like a plan. Agree, the 25K does seem excessive.
Thank you all for making such wonderful logos.
I finished the test coin.
Can someone make a pool for it?
You have to know that the test coin will be worth 0 , so i can understand if you want to get paid a tip for making the pool for the test coin.
can you please set up a pool bounty address for the community to donate and for the pool operator to claim.
I'll put them now in this address XWpHHpQwAE1tuye7m1xjhnb9xpiN3G4CQA
It would be nice if you guys point a small amount of hashrate to the testcoin, so you can test with me.
but know that you will lose the electricity that you pay since you wont be able to sell the testcoin to anyone.
Only mine it so we can test, and make Xcoin better.