Post
Topic
Board Announcements (Altcoins)
Re: [SDC] ShadowCash | POSV3 | Untraceable E-Cash | NIZKP | HD+BIP32 | ShadowMarket*
by
Kewde
on 09/03/2016, 13:11:10 UTC
Good to see another update, but could anyone explain me what advantages POSv3 has over v2?

And what's the status of the market? Still waiting patiently! Wink

You can read about the benefits of PoSv3 on our blogpost.

The main points are as follows:

(+) 2%  interest rate is now static. It was dynamic before, meaning that it was never really reached because not all coins are being staked.
(+) The new stake modifier to prevent mining blocks in the future.
(+) Removal of coin age, meaning that you can't cheat the system no more by 'not staking' and then going all in when a block with a big reward shows up.

The work on the market has started again, we'll keep you informed on the progress we make through our updates  Smiley