so are you saying in other words, that you do not get a percentage for staking? but are in esence, competing for POS? I thought POS was like interest% not mining?
The idea about PosP is interesting but since there is competition between open wallet, those who have few coins cannot compete against those who have large stash. I believe this only benefits those who have huge bag of CBX. Not a small holder friendly. It is not participation but rather competition.
Depends on how many CBX you have and how much competition is out there staking against you. After 1 hour online your CBX is eligible to stake and once you do get a block, another hour must go by before you are eligible again. How many are staking?
If they can address the issue of the competition but give an equivalent share of stake of the coins that are not currently staking to those open wallet would be awesome.
Hello,
Interesting point, but you are wrong, CBX wallet like all coins split your stake in half if they are higher than 1k cbx.
It means biggest wallet only stake with maximum of 1k CBX.
500 CBX in a stake are completly ok and enough to stake, and it's pretty cheap nowadays, it's ~$20. It's still an amount of money, but you can stake with only 100 cbx too, it's just less common to have block but you still earn blocks very often and it's costing ~$5. So it's not a competition between big wallet, it's just an investment.