Re: [ANN] [2GIVE] / POS+POW / Our Network is now Self-Sustaining
So the airdrop is still available ? Thata good
How does an airdrop work though ? I have never done one. What do I need to do to get one ? Thanks. Just have the application open on your desktop, the network will send out 2Give to random nodes online & each user sending will airdrop to anyone else on the network (might be calculated to node online longest or random?). Actually something quite new to past testings, but could be kind of like the master node name used in others coins?
The 2GIVE "air drop" is totally different than any other one to date!
Our "seed nodes" (the nodes that the wallet is configured to find when it first starts up) -- are "bouncing" 100K blocks of coins around themselves every 20 minutes, which "drops" 1K coins (1% TXFEE) onto the network. The first wallet to mine the block wins the round. We have been moving the times around so that future staking will hopefully happen at regular intervals throughout any hour of the day to create an average blocktime close to at least 5 minutes.
In the wallet you turn on "Compete for block rewards (POW)" or from the commandline you enable
setgenerate true
Your wallet will then have a chance to collect the drop, or as WolfLee84 pointed out ANYTIME someone SENDS coins on our network, SOMEONE will earn the 1% TXFEE.
After that, you earn coins by staking them (POS) -- every 30 days your wallet has the right to claim 5% per annum interest for helping secure the network.
I really should get an infographic made up and update the main thread here :-)
-dvd