Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
http://forum.neucoin.org/t/growth-account-growth-rate/1436/40
http://forum.neucoin.org/t/new-growth-account-reward-rates/2503
Additionally the regime gets all the rewards in case someone cancels the growth account before the end of the time period.
It's not pro rata temporis as you would expect from every honest mining undertaking - it's Neucon, where the team earns and all others pay.
It's not pro rata temporis as you would expect from every honest mining undertaking - it's Neucon, where the team earns and all others pay.
Its only for new growth accounts going forward. Since the network shrunk with the PoW miners going away, they need more nodes to keep security up. Do you disagree?
I disagree with the decision that punishing as a means to an end is the right way to do do it. Instead, it should be incentivized.
I agree with the fact that the network needs more nodes. But, even more importantly, it needs a better distribution of wealth between nodes. (PoS) minting nodes however don't contribute to security such as (PoW) mining nodes do. Mining requires to run a "full node" while minting doesn't, and there's no incentive to do it. Users/holders/minters mostly run "leech nodes" which is shit for decentralization, especially if the currency is not mineable.