Or more to cryptopia... I've moved over and have been working on volume there... ~700/day ish... trying to help with keeping the coin there...
We all know that - you cant kill the coin that does have community and big number of users, by just switching the wallet down on some exchange!
Pretty good survival potential of the tekcoin is known to its old users and what is going to happen next.. the coin will just move to another exchange.. like tekcoin just did!
We can ask our devs to implement the feature of burning X amount of coins in return for generated SuperStake address where coins can be minted at 4X.00% regardless of the pos difficulty.
I suggested 100000 coins to be burned for 41% SuperStake, 200000 for 42% ...etc. this will bring the element of "supply control" and my math is showing that - if even just 500 richest wallets will get at least one SuperStake address with just 41% it can take out 500*100000tek = 50 000 000 TEKcoins!!!!!!!!
For the time of more then 2 years we have minted and mined just 92 514 401 TEK in existence (http://coinmarketcap.com/currencies/tekcoin/)
=> The price will go to the moon within a week..
happy new year + peace to you all!!
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=I/O CONFLIKT=
I am not good with math, but what is effective interest according your scheme ?
Burning X00K TEK 1st to make 40+ %, sounds like effective % a lot less then current scheme.
A simple coin swap with 1000/1 ratio will do the trick easy and is fair since your idea would only benefit big players.
Also it would make life a lot easier for the devs then a complicated scheme with the risk of being exploited.
Then we can also add a new and fresh blockchain.