Re: [ANN][STAX] STAXCOIN | Welcome Pow Scrypt Launch | Bounties Incoming
After the pow phase how will the pos phase work ?
You want to know which POS will be used?
the interest rate ?
I think we will be based on the blackcoin but nothing definitive yet
Any suggestions to improve stax is welcome
Specification Value
Protocol PoSv3
Block Time 60 seconds
Difficulty Re-target every block
Nominal Stake Interest 4% annually
Min Stake Age 6 hours (no max age)
Thank you for answering my questions. Also why does it say posv3 and not just pos ? What is the difference.
Still a little time in pow
How long have you been mining ? Is it cheaper to rent a miner or just buy the stax off the exchange ?
I am not an expert in pos3.
We are just observing the different approaches in order to form a consensus
The aim is to choose one of the most secure but also one of the easiest
to implement in order to limit the disadvantages.
Even if for this we must proceed in several steps
but nothing definitive yet
thank you for your support