Post
Topic
Board Announcements (Altcoins)
Re: WAVES. Ultimate crypto-tokens blockchain platform.
by
Turing
on 28/08/2017, 13:28:59 UTC
what WAVES going pos? wasn't waves unminable coin

Waves has a fixed amount of 100,000,000 Waves tokens.

It has LPoS (Lease Proof of Stake) for the generation of blocks.

Nodes can mine those blocks, receiving the network fees and some MRT (Miner Reward Tokens, while they last).

People holding Waves can lease those Waves to a LPOS node and receive their share of fees too.

So: amount is fixed, mining blocks generates fees only