Shilling as in loving it? Guilty as charged. I think you cant have a balanced convo you are so blinkered in your focus on mining and anti ico you dismiss basically all the newest and biggest projects in crypto...its silly.
Nodes will collect some fees. The plan is to develop a dev fund from them due to having no premine. There is no staking. How can you compare these static nodes to masternodes they arent even in same ballpark.
I can lead a balanced conversation, I just have a higher standard of what constitutes a decent coin.
How can they not be in the same ballpark when even the fucking roadmap says "STaTiC Nodes (
master nodes)".
There's zero explonation of what makes PoSign and STaTiC nodes any different than typical staking and masternodes. There's no whitepaper explaining the difference, you're just calling people stupid who couldn't see what you yourself can't explain.
Also, the coin is advertised with No Premine which is simply and absolutely not true. You can't have an ICO without premining the coins.
I see it has a 100 XBY transaction fee so if the same amount of transactions were going through the network as for Bitcoin, then ~10% of the total supply would change hands DAILY as transaction fees so there are already scalability issues there.
And it uses the word mining, while there's no mining going on whatsoever ("STaTiC Node PoSign mining").
And even the devs don't advise investing in the coin and clearly states that it's EXPERIMENTAL.
The coin went from 1 satoshi to 700+ and the devs need funds? Yeah, they surely didn't buy bags of it before resurrecting the coin. /s
This coin smells worse than pigshit on a sunny day.