Re: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION BEGINS AUG 11th, 2017]
If there any whitepaper, roadmap? I do not understand for whats this coin created. For payments, like Bitcoin?
Hmm,
Simply put , Everything or every way anyone makes or receives payments. for any & everything.
Products or Services (real or virtual)
ZEIT is a crypto barter coin , to be bartered for anything someone needs.
It is designed for the entire world's use , not limited at all.
What ZEIT can do is only limited by the world's imagination.
Examples,
Barter / Payment System
Virtual / real currency in a game or at Casinos
Voting System
Digital Locking system on virtual & real world safes
Way to turn on/off a sprinkler or light system or even software licenses
It's uses are limitless , and how it best serves you in your life, is your choice.
but the simpler answer is : yes
there is no conceptual difference between bitcoin and zeitcoin other than the consensus algo (POS)
ie. no smart contracts
proof me wrong pls
Quote
So what you can do is any blocks that have staked between Aug 1st & Aug 11th ,
is use coin control and merge them together to create new blocks, so they can now stake in the 24 hour range.
Optimal block size for fast staking used to be 50 thousands coins per blocks, with the new ULI ,
That number will move up to somewhere closer to 1 million coins per block or higher.
is use coin control and merge them together to create new blocks, so they can now stake in the 24 hour range.
Optimal block size for fast staking used to be 50 thousands coins per blocks, with the new ULI ,
That number will move up to somewhere closer to 1 million coins per block or higher.
thx, nice tip
how do you calculate the optimal block size ?greets
cyber