Post
Topic
Board Announcements (Altcoins)
Re: NEW ERC BITSQUARE.IO NOBLEPAY COIN2PAY STAISYBIT ROKOS MULTIPOOL FEDERATED CHAIN
by
Antebellum
on 21/06/2016, 08:30:23 UTC
i think u missunderstand the nature of POW mining as most people see it

mine altcoins is just a way to earn BTC

this means a high percentage of POW coin rollout is direct sell pressure

the nature of POS that coins produce coins give buy coins and stake coins sense

and there is absolute nothing wrong with a codebase that forked from bitcoin 0.8x

it can pretty easy be upgraded to 0.9x too (and be honest what bitcoin ability that 0.9x didnt have already u need for ERC u will find none)

a codetree reach sooner or later a state where he is so different from bitcoin base that it have to be seen as a own tree

and that is true for PPC/NVC tree which all the POW/POS hybrid coins are based on


if u go POW the best advice i can give u is to make the POW coinrollout as low as possible

trust me 95% of POW miners dont care for the coin just the BTC they can sell the coin for

and ERC is not in a state to counter that constant sellpressure

to have more different people involved at ERC POW mining isnt helping at all

what u need is investors not miners

investors buy miners sell

its that easy


/Agree

on another point, why is the staking reward so high now? read something about an increase, so that means that the total coin supply has been increased aswell?  whats the new speccs then? and since i downloaded new wallet only got 4 connections, is that only because not that many installed the new wallet yet? and do i have to have the new wallet right now for everything to work properly? (in that case an hint about the upd being mandatory would be great so i can help some others upd to latest one asap)