Post
Topic
Board Announcements (Altcoins)
Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico
by
Joebwan
on 03/02/2016, 12:38:23 UTC
Suggestion!

All small blocks stake a max of 10-15% per month.

Big block stake 30-40% per month.

TEK Donation: Bjhnx5tLrsqt7B7M1iuC3hG26Xyhkr4gmw

That would add to the rich-get-richer argument. As a large holder, I wouldn't mind, but I got to where I am due to fair staking percentages across the board.  It would seem that it is not the size of the stake, but rather folks who have a shit ton of small holdings and can't or won't use coin control to combine them.

I am not a coder, so it is a bit hard to make suggestions that are realistic, but I would like to see something along the lines of: Microstakes don't stake at all, small holders who are using coin control stake at the normal amount based on difficulty.

 Where do you draw the line between micro and small holders? We want to encourage folks to invest in the coin, but also encourage folks to combine. 

Is there a way to make the wallet automatically combine multiple small addresses? Again not being a programmer, I have no idea is this is feasible or just crazy talk.
DMD uses an auto-combine on small input blocks so it is already out there.
DMD Developer - "... DMD where split stake normal stake or group stake (merge pile together) is automatic adjusted by wallet code and create a zero micromanagement needed POS experience"

Here are some very interesting articles. If true, and bitcoin is in this much trouble, it would be wise to not fall into the same block chain traps, and restructure TEK to stand alone and become more useful without such a strong tie to Bitcoin.

https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.hyratg54x
https://medium.com/@jgarzik/bitcoin-is-being-hot-wired-for-settlement-a5beb1df223a#.ifh96kybp