Quote from: smooth on November 22, 2015, 03:41:39 AM

Quote from: MasterMined710 on November 22, 2015, 12:27:47 AM

Quote from: smooth on November 21, 2015, 04:21:01 PM

Quote from: MasterMined710 on November 21, 2015, 02:36:56 PM

my problem with the cloak instamine was that they mined the total initial coin supply (4.5m) in 7 days and went to a highly inflationary 6% POS reward. this unfairly gave all the coins that could ever be mined to a very small group of people who then staked it @ a whooping 6% and controlled the supply. i knew that type of distribution model was doomed to fail.

I'm pretty sure the masternode PoS rewards rate is higher than 6% and certainly was much higher when the number of masternodes was lower.

i hope you are just trolling and playing dumb. unlike cloak not all the coins were mined in the first 7 days. we still have millions of pow coins to balance things out and keep things fair.

troll harder next time, or better yet work on an official gui. over half your coin supply is mined and y'all still don't have a official gui, lol. and you call yourself a dev, pathetic. start deving and quit trolling.

Get the facts right at least. The millions of PoW Dash coins won't be mined for hundreds of years.

Quote from: eduffield on January 18, 2014, 05:50:23 PM

- Coins will cease to be generated near the year 2300

In the same 200 years, the Monero 0.3/minute tail reward will produce about 31 556 736 coins, meaning more than "half [the] coin supply" is not mined.

In fact, at some point Monero becomes slower than Bitcoin, and slower than Dash for that matter. (Graphs showing the double intersection with Bitcoin were posted, maybe someone else has a link to that.)

You're still welcome in the Monero community now that you are properly informed it has the kind of slow and fair distribution that you like.

I'm sold. I'm cashing in my MNs and jumping to Scamero.

not.