Post
Topic
Board Announcements (Altcoins)
Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico
by
Libertymind
on 25/04/2016, 08:54:14 UTC
imo:

1.  Eliminating staking for small stakeholders also eliminates their desire to use and support Tek.  (Consider them as potential users, instead of stakeholders.)  Unless Tek is used for something other than increasing stakeholder holdings, it will die ... as many other coins did which had no actual real-world usage.

2.  Any coin should treat all users the same.

3.  Tek cannot continue increasing the supply without bounds, or very soon -- at 10% or 40% -- there is infinite supply and zero value.

Basing the stake rate on the coin supply deals with all these issues.  Everybody stakes, everybody is treated the same, and the coin supply cannot increase to a point where the coin has zero value.





A bit late but I totally agree, and don't see why our goal was to Produce as much Tekcoin as possible when the price is on a steady decline. But what do I know.