I am not deeply involved in the Paycoin mess, sorry for this really basic question:
Are there still "primenodes" (or whatever they were called) frequently receiving large numbers of new coins?
Can "the community" edit the code and eliminate the large rewards for elite accounts after Josh is busted?
There is a hardfork planned by "the community" for April 20 to reduce the staking rate to 100% from 350%.
Still it rewards a small number of wallets (50) with a disproportionately high rate (100% vs 5% regular rate).
It´s dying with 100% also.
Only way PayCoin survive is by removing the prime controllers
COMPLETLY and remove ALL the premined coins
COMPLETLY.
A Coin where only some people get "rich" doesn´t work and never will work.
PayCoin " The peoples money" = LOL