Post
Topic
Board Announcements (Altcoins)
Re: HoboNickels - HBN - High Fast Stake - Version 1.5. Come on in the water's fine!
by
Isotactic
on 10/06/2017, 02:19:16 UTC
What effect would be created by increasing the minimum required coins to stake?

Changing the minimum coin age would put more coins out there available for stake.  This would increase the net stake weight, which would increase the PoS difficulty, which would lower the Annual Stake Percentage, which would help keep inflation from running away.  At least that's my theory.

Yeah. Sorry, I guess I wasn't super clear. I was saying rather than raising block target, what if instead the minimum number of coins to create stake was raised? Possibly raise it to 1000hbn, which is approxiamtely $5 right now.
It seems like it could help alleviate a lot of the issues that are occurring including the CPU/memory reqs as smaller claims could be effectively ignored by the wallet, and would also force what PoS was originally intended for, which was allow for people with significant investment in the chain to have a majority.