Quote from: ViceOfBTC21 on May 29, 2017, 09:24:35 AM

Quote from: tonbi on May 29, 2017, 09:16:56 AM

Quote from: Almeida on May 29, 2017, 06:42:45 AM

Hello Tonbi,

I'm sorry but I feel my questions were not answered, I'll try to be more clear with less questions:

1. How many NVOS will be generated? Is it a fixed number per NVOT? If not, on what their number depends?
2. What does it mean to say that NVOS=0.99USD? Where and how will NVOS be converted to dollars?

thx

NVOS supply can be manipulated they are not fixed. They are distributed depend on how much NVOT are in your NVO wallet similiar to staking. More NVOT addresses will receive more NVOS when the exchange is in production. NVOS can be converted to Bitcoin automatically through our validator or counterparty exchange. Unlike NVOT, NVOS are fixed at $0.99 because they are only used for fees distribution to NVOT holders and nothing else.

Isn't this better to fix NVOS at $1? It's simpler to understand and you don't need to use calculator.

I practically do not see anything wrong about the way the amount fluctuates or changes infact that gives NVO its uniqueness reminding me of the days of e-gold.com (Not everybody know it Grin

) whereby the value of USD in your account can increase or decrease without undervaluing your currency in anyway.

I will not agree with a static price of $1 because that will not give room for trading and makes NVO just like any fiat or government controlled currencies.