Post
Topic
Board Announcements (Altcoins)
Re: [ANN] DARKNET [DNET] QRK ALGO - PoW/PoS
by
jakiman
on 31/03/2016, 11:18:47 UTC
Well... Once DNET goes to PoS pahse....

Staking ensures validity of the blockchain = VERY important.
Masternodes provide anon/budget porposal = LESS important than above.

Masternode is definitely more time/resource/money consuming to run.
However, it also allows you to submit budget proposals & make votes.
So that is an extra benefit that you get along with payments as a reward.

Last thing we want is everyone setting up MN's due to significantly larger profit than staking.
That means the actual network will be very vulnerable due to not enough staking going on.

Like all things in crypto, things can be improved after starting with a clone.
Decentralization is key. How to achieve that most effectively is the question.

Most major coins provided technical innovations to crypto. (BTC, BC, DRK(aka DASH), ETH etc)
I hope DNET can do the same later on.

Now... I'm curious... What PoS system does DNET use?
(Standard coin age, Blackcoin's PoS V2 or something else?)