Re: [ANNOUNCING] DRACO "Vergilia Condfidums" Pow/Pos NO ICO/IPO SHA256 [ANNOUNCING]
Top address it is good. Need exchange. Mining is very hard (((
Just over 4300 blocks left then Proof Of Stake will Kick in
Why POS coins without knowing its value? Sorry, bad english.. Russia -)
Bit lost here. I know the value of Pos % as it was me who set it. do you mean you do not know the value. Or are you talking of an actual sale price ?
and no worries Me like RUSSIAN'S
The meaning for Proof Of Stake has 0 to do with the price. Proof Of Stake is there as another method of creating blocks with less energy needing to be used. Therefore anybody with a coin can stake instead of renting or pointing there miners and using how much electric.
The Reason we chose to have proof of stake.
1. we don't rely just on miners any more to find blocks
2. the blocks will be found faster.
3. Staking rewards those who hold coins.
4. Why not have a way for people to earn interest with them keeping said currency in their wallet. (Banks offer Interest but it always has a catch) We offer it and all you have to do is have your wallet open with funds in.
The Price will be Linked to what YOU the user wishes it to be nothing else. Just like fiat money it is only worth what you believe not what you are being told