Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Diamond (DMD) Evolution v 2.0 | Hybrid Security | 25% PoS
by
utahjohn
on 06/08/2016, 10:42:39 UTC
...
still as said already we evaluate possible ways to reward people who remove their coins from circulation for some time

What ways are already available in addition to legendary addresses?


DMDs PoS function rewards people for holding their coins for a certain amount of time. Isn’t that the most principal way to “…remove coins from circulation for some time…”? I think 25% per year is a good return on an investment.

Recently there was an auction for 30 Private Reactor Keys that generates double stake rate (for 1000 DMD for 1 year), and Cryptonit stated there will be more auctions of such keys/addresses in the future.

I’m not saying your idea is bad, it’s good to have ideas and they are always welcome. It’s just like Cryptonit says, it doesn’t really fit in with DMDs coin roll-out plan and decreasing inflation.

Hopefully the implementation of DMD 3.0 will open up new opportunities.


If you look at the code there are actually many more private addresses to be used in the future, my evalutation of this is the next 5-6 years will see 1000 coin private reactors for sale for 1 year duration ...
I am still evaluating cash out when market prices reach $0.50