Re: [ANN] 8BIT [100k Coins][Bittrex-Ccex-Yobit][Dark Masternodes]

looks like the chain is stalled, prolly due to high PoS diff and many people moving out of stake, guess we'll have to wait, or maybe dev can hardfork this to reduce minimum PoS diff.

also anyone with mature coins should stake at this point!

Im 40 minutes away from a Pos block but its been counting down pretty slow like 1 minute each 10 minutes.

your coins will not mature any further unless the chain starts moving, maturity is based on blocks passed not on actual minutes/hours/days. the only saving grave is is someone staking currently finds a nounce to solve a high diff pos requirment

Does that mean, coin code has flaws?

well the switchover to proof of stake has failed, there have been no blocks since 3-4 hours. a miracle or a fork will fix this.

Proof of stake have been working as it kicked in earlier, now the chain is stalled probably due to high proof of stake diff and not enough staking coins, it will eventually move slowly. Anyway worst case this can be fixed with a hardfork.

The exchanges update their stuff if hardfork occurs correct?

Yes it will be fine, the exchanges will be contacted to update first, this will probably be fixed later today after the fork is made by the dev. I think this was caused by the reduced number of coins, and the minimum PoS 2.0 diff of 65k which will need to be reduced to match the low coins count for this coin.