Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karma / ₭ / X11
by
chrysophylax
on 18/06/2015, 04:17:38 UTC


It is clear that a hard fork is needed. Maybe, this can even be an opportunity to innovate....

KarmaKaguy


Can be transferred to the POS?

yes we should take some time and think of what we need to change. First of all a list of what we must do. then a list of features we would love to implement. exciting time ahead!

On this note i would like to point out that a move to POS is not a real solution as POS coins still have not figure out the distribution problem.

imagine having low mount of coins and trying to stake. you will wait for days. hence it will prompt you to close your wallet. this will create a loss of network nodes and only the big holders will be incentive to keep their wallets on.


But everyone welcome to share their thought now!

I open a thread in the forum to focus on this. Please share your thoughts!  http://forum.givekarma.net/index.php?topic=60.0

we have never liked the whole PoS idea - and never will ...

coins ( or ANY currency for that matter ) is for the USE of the currency - not to stash ...

the more mining there is - the more stable the network ...
the more use of the coin - the more valuable the coin ...

i agree that really only the bag holders would benefit greatly from a PoS situation ... i know - we have a few Wink ...

and yet - we really dont like the whole PoS situation ...

but we are miners at heart - and the farm wasnt built in a day - which is why we like to put it to good use ... especially x11 ...

#crysx