Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Fantom | CPU Mineable | DarkSend | Masternode | Tor+I2P | sMP Releasing Sn
by
quantumgravity
on 27/11/2015, 15:58:46 UTC
The next release will be shifting decimal digits by 2 therefore making the coin scarce.

So, 100000 FNX becomes 1000 FNX So 1,000,000 becometh 10,000
Can you elaborate on this one? I mean what are the advantages of such a move? I can see nothing but complications.


Yea, I don't think that would be a good idea either. The coin already has a low supply and inflation has quickly halted. If inflation is your worry, then make the block times 90 seconds or cut the POW rewards. Cutting the supply by orders of magnitude is not an equitable way to solve a problem (that isn't even there..) So, this is a joke then, right? lol

Seriously, you should just carry on with what the plan was before. You are now essentially punishing your early adopters and those who have also put BTC into the coin. Low supply and slick marketing is not the key to success with a coin. Technology and innovation are. You're listening to that Cube guy in the ccex trollbox too much. Yes, that must be it.