Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Las Vegas coin (VGS) Masternodes,Darksend,InstantX,120% POS. NO MIN STAKE!
by
vegasguy
on 29/07/2017, 03:47:20 UTC
does anybody noted since 1 week this massive  HIGH Diff ?

http://www.presstab.pw/phpexplorer/VGS/index.php
i notice that MUCH more POS than POW moving the Chain .


since POS kicked in the Diff went up up n away . i rechecked both Pools ( stated OP ) and cant find Miners to Push DIFF so massive high


is there an POS/POW Difficulity Problem ?

cause POW (Miners ) cannot compete with POS (Miners )
or must push immens high POwer to compensate ..

eg . 4,237,701 kh/s produce around 9 ! VGS per Day @ Current Difficulty    4,829.15070218
and 52,370.76 MH/s Net Hashrate  ( only around 5-6 MHS on both Pools ) so someone Solo ?


this cant be real .

according to Blockexplorer mostly Blocks are POS !



Ok, so I have clearly stated that the coin is POS V3. In POS V3 there is no coin age. Clearly there are more people staking the coin , than there are mining. There is no problem. In POS 2.0, there was coin age, coin weight, and min stake ages. Also in the antiquated POS V2.0 , the POW difficulty was completely separate from POS difficulty. Now POS and POW difficulty run together and are always the same. Its the way it is now. So, launching a new coin on old antiquated technology made no sense at all. One idea to keep things balanced is to raise the POW reward to encourage more miners to mine it. The problem then becomes inflation. So the other option is restructuring the POW & POS rewards. A suggestion could be setting the POW reward at .75 VGS and the POS reward at .25 VGS per block, and the Jackblock remains 1 VGS. The rewards WILL be lowered as they are too high and I dont want the coin inflating too fast. My aim is 25%-50% inflation for year one. I welcome any ideas and feedback. Im still balancing this coin.

With regard to the 52,000+ Mhs net hashrate, there are only 2 pools, and they dont even come anything close to this hashrate, so therefore a massive farm is solomining it, pushing the diff even higher.

Vegas