Post
Topic
Board Announcements (Altcoins)
Re: [ANN]❁ KORECoin- Tor Service Nodes, Browser, VoIP, Aether OS, KOREPhone, KOREbay
by
BitWhat
on 27/09/2017, 10:11:12 UTC
@KORE team. I know you guys don't like revealing everything in the works just yet but can you please elaborate a bit on the "rebranding" that was mentioned. Is it logo only? or will it include new name, website, graphics, twitter etc.

All or most of your questions will be answered in the next 6 to 48 hours.
 Smiley

MikeMike

Awesome!! clock is ticking Wink

Noticed there was some talk about the masternode coin count and pos%...Can we please keep the 10% pos rate? it will surly attract more holders and reward those not having enough for a masternode. with the coin supply already this low 10% is not really that high imo.

Hi,

We are still crunching the numbers but we do have a minimum of 8% in mind and do want to keep it near 10%.
KORE is not a gimmick coin. We want to make the proper decision here for long term sustainability.
We should have something posted in the next day or so.
It is not as easy as saying: PoS will be 9% and Masternodes will be 9%.
The Masernodes payouts will be taken from the PoS amount and if there are not enough coins in PoS
the MNs will not be sustainable and visa-versa. It is a careful balance between enough incentive on both ends
while taking into consideration inflation, distribution based upon an impossible to know amount of PoS coins that will stake.


MikeMike

Thanks for the reply, good to see you guys are thoroughly thinking it through. Looking forward to the updates.

lol, We'd be finished with the calculations in 5 minutes if we only knew how many KORE coins will be PoS staking.
 Cheesy

MikeMike

Haha yep, I'm happily staking away so that's one bloke with an average amount at least  Grin IMO Kore is probably one of the better staking coins I've seen and used till this day, stake times is really quick and rewarding atm, good thing is rewards will be a lot more $wise in a few months Wink Hodl  Cool