Post
Topic
Board Announcements (Altcoins)
Re: [ANN][TRK] ★ Truckcoin ★ Pure PoS up to 200% per year ★ Cryptopia
by
Spjer
on 22/05/2017, 10:48:56 UTC
I don't get it, can someone please explain how a 200% ROI is guaranteed?? What are the mechanics of this ROI I don't see it on their website?

Thanks!

Please see this post :  https://bitcointalk.org/index.php?topic=716182.msg18815122#msg18815122

EDIT:
Well, when the service was working it showed the annualized rate.  Which is usually lower than 200%.

Still don't get it even after reading it. What is the mechanism that creates the guaranteed interest? Is it like a ponzi thing or what? Also from that part of the thread sounds like the blockchain for it needs some fixing?

In general, are you familiar with the difference of POW (proof of work) and POS (proof of stake) ?