Quote from: Evangelo on July 15, 2017, 12:56:00 AM

Quote from: BelgianBoy on July 14, 2017, 10:29:14 PM

Quote from: Evangelo on July 14, 2017, 12:28:30 AM

Quote from: BelgianBoy on July 13, 2017, 11:36:33 PM

Quote from: stavros87 on July 04, 2017, 10:36:36 AM

Quote from: Evangelo on July 04, 2017, 08:26:45 AM

Hello everyone,

Just want to provide more news on the wallet upgrade that we are working to complete. In addition to the litecoin upgrade for faster syncing, we will reverse the staking so that coin supporters will earn a "fair" stake. Coin supporters with huge wallet amounts will stake the least as coin supporters will low wallet amounts will stake more, we choose to do so because of the many complaints that we received over the last few weeks. As far as a maximum coin supply we are going to try something new and bold by not having a maximum coin supply to achieve the goal of XP becoming a utility coin. By making this a reality we seek to gain an edge over competition while maintaining micropayment transactions. We understand the philosophy of rarity, however, if that were truly the case then all coins with a low supply should be high in price and more valuable, however, that isn't the case for every coin. If we every feel that we need to burn coin supply and cap it, then we will do so, until then, it's important that we spread XP all around world and as much as possible. New wallet upgrades should be complete in about a month as this is a huge job which will take some time. We will provide more updates as news becomes available.

The wallets with more coins stake less? How is this fair? So people who spend more to buy coins get less reward?
Isn't this normal that u spend more to buy some you get more reward? I have 1.8 billion coins staking and spend my money on it, would like to have a equal stake in return.

Indeed stavros, this sucks big time. People Who invest and believe in this coin Gets fucked dry in theyre behind if they do this. Than ill make 100adresses. What kind of shit is this. So dev if you pay 5 for something in life, you would 't mind to get lesser than a person that paid 1? Or do you wanna be treated the Same?

It's quite interesting that a lot of people know more than we do about the results of the new development. So what's going to be the new distribution scale since everyone is so knowledgeable? The only reason why most of you are able to earn now is because of the efforts made by us to allow better staking. I'll wait for someone to answer my question. If you no longer have faith in the "Team" behind the coin since coins can't do anything by themselves, then you are open to dump and not reinvest. Funny a lot of you weren't active in with the coin to help it succeed, and now that volunteers are coming forward the critics are stepping forward. If you're paying attention good sir, you'll understand that prices fluctuate all the time, we are talking about "Stake Rewards". This is no different than earning interest on savings, cds, etc.,. Today the value of XP is $0.000003 tomorrow it could be $0.01, will you not be paying more and getting less? Do you really understand what we're attempting to do? How much of any of this do you really understand? Or do you not care to understand? A "higher" staking percentage with smaller wallet amounts will result in a higher percentage of stake distribution, meaning, new XP supporters will not be treated like dog shit and will be able to earn a better "rate" of the stake distribution. As of this moment coin holders with large amounts receive too much to where coin holders with low amounts receive too little, making it pointless since they are trying to earn a living just like you. You will still receive Exchange market rates for the money you invest in XP, and you will still earn a great rate of the stake distribution. Please be mindful of what you post before speaking ill of what you do not know or understand good sir.

Its an answer on your post sir, i have xp looong time and a lot of it. I admire that people trying to relaunch it and put effort in it like you and your team. Its doesnt mean because i dont write everyday, that i dont check daily or weekly to see how it evolves. You could have guessed that such decision could recieve some negativity, also cause you say something without going in to detail. Maybe in future when you say something, say enough details so people dont need to think what the details could be. Cause some will think drastique. Seems im not the only one who was thinking the same. Thanks in advance and we'll see how it goes. Anyway goodluck!

Thank you, I wish I didn't have to be elaborate, however, it's like being between a rock and a hard place.

LOL i understand. Not easy to please everyone.