Post
Topic
Board Announcements (Altcoins)
Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico
by
ScottyMcAuld
on 10/10/2015, 13:05:21 UTC
Great to see a community coming together. Something needs to change seems to be the sentiment. It is a great shame that someones greed has caused this to raise it's head. Particularly after the dev pushed through some nice features in the most recent wallet update.

As a large holder I do sympathize with those new to the coin who have smaller blocks, but it's not a lot to ask for 500 or better yet 1000 minimum block sizes to stop one or two greedy people gaming the system. Any changes will need to be carefully thought out so as not to dump the value of this time tested winner.

The biggest pain about all this for me is that I staked everyday in blocks of no less than 5k which I have shown to the dev to prove it wasn't me being the gamer. That had the effect of not dumping masses of coins onto Cryptsy and therefore holding the value of the coin. I now have 1 block which is near 50% of my holding thanks to this. If a fix occurs I will compound these blocks and go back to daily staking.

Keep the ideas coming folks so that we have a better chance of rectifying this short term problem, and good luck ushering through the required changes.