Post
Topic
Board Announcements (Altcoins)
Re: FLYCOIN (FLY coin) V2.0.1.1
by
binmon
on 20/05/2016, 20:56:38 UTC
Thank you Groggin for a great suggestion!!! I have suggested POSP to Griffith, and he glanced it over and said it wouldnt be too difficult to do. So , I certainly like your idea, and I want to move us in that direction.  Thank you Groggin, you have always been with me in the good times and the bad.

Vegas

What is POSP?  I have never heard this term before?

Pokey, as I understand it, your wallet has to be online to earn time credit to staking....if not online, not aging, or maturing coins.  I hope that's right, I know I'll hear about it if it isn't!!

With regards to anti-dump, and future of FLY, I think Vegas said it very well; it has just hurt everyone.   And Groggin's comment about people holding the coin would probably work just as well as any anti-dump feature.  Plus, I know people's plans/circumstances change over time, and should it become necessary to sell, their hands shouldn't be tied. 

I think the most important thing is having a working wallet 99.9% of the time; it seems the anti-dump (and maybe other features, i don't know) has caused just the opposite.  So "if the eye offend thee, pluck it out"  .

Smiley