Re: [ANN] [PASC] PascalCoin, deletable blockchain & bank account system [PASA]
That is kind of effed up though. If you have thousands of accounts you can't hold them past 4 years then or you won't 'own' them anymore.. Hmm...
Guess there will be a huge sell off when the 4 year period comes close to PASC's start.
Guess there will be a huge sell off when the 4 year period comes close to PASC's start.
You don't lose the accounts you only lose the coins. So just move them into one account you keep active. The accounts will stay attached to your private key forever.
hmmm..so accounts are more qualified as a store of value than coins, specially for long term storage because you can store it and forget.
accounts right now i think is more decentralize than coins since they are not traded in high speed exchanges with bots (majority of coins right now is on poloniex).
interesting...we'll see how this turns out long term.
You can never forget the coins. If the account is not active for approx four years the coins will be reclaimed into the ecosystem as a block reward. It is so coins never get abandoned forever.
but not for the horder/investor....he/she/they will lose it.
only if the investor will constantly sleep for 4 years.
a lot of things can and will happen, if pascal coin lives after 4 years we will hear a lot of stories. if you think more about it, all succeeding years will have 4 years of past in them..
2020 - stagnant coins from 2016 gone
2021 - stagnant coins from 2017 gone
2022 - stagnant coins from 2018 gone
...
...