Ninjastic
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Board Announcements (Altcoins)
Re: [PEPE] X11 POW/POSv3 Rewarding Stake - Long Term Developers - Launched Today
by
SockPuppetAccount
on 08/03/2016, 19:05:45 UTC
Quote from: pepeteam on March 08, 2016, 06:28:10 PM
Quote from: SockPuppetAccount on March 08, 2016, 06:14:05 PM
Quote from: pepeteam on March 08, 2016, 10:43:45 AM

 - Enforced stake weight coin value cap of 100,000 PEPE replaces the idea of 'block splitting' and prevents large PEPE holders from signing an unfairly/insecurely large number of POS blocks.
   

I cannot decipher the above statement.

So stake weight cannot exceed 100,000?  Per node?  Per wallet address?  Per input?

Or your reward is capped at 100,000 PEPE?

Or each individual input cannot exceed 100,000 PEPE?

Or.....something.....



So I get 6% interest (annually? per stake?) for the first year if I have 100,000 or more PEPE in a single address?  or a single input?

Stake weight cannot exceed 100,000 per wallet address. We did this to prevent exploiting of the POS system.

It's confusing the way you worded it because it says 100,000 PEPE, implying PEPE coins but stake weight =/ coins, UNLESS this is some variation of POS 2.0.  The chart list percentages though, which most are going to assume is the interest rate, implying this is old school POS and coin age is a factor.  Can you clarify what exactly the percentages in that chart signify?