I think that developers should not participate in the production of PoS - https://chainz.cryptoid.info/xp/address.dws?3.htm.
It looks very dangerous, the developer daily has a lot of coins that sell ...
See here - 258d5309a74b98b7... 1853116 2017-11-04 00:19:13 - 999,999,999.998767 XP 61,785,942,433.145164 XP
I think that if the developer stops participating in the development, it will be an interesting project!
Waiting for developer's answer...
It looks very dangerous, the developer daily has a lot of coins that sell ...
See here - 258d5309a74b98b7... 1853116 2017-11-04 00:19:13 - 999,999,999.998767 XP 61,785,942,433.145164 XP
I think that if the developer stops participating in the development, it will be an interesting project!
Waiting for developer's answer...
Im no longer involved with XP as posted in the original thread/op (https://bitcointalk.org/index.php?topic=1590538.0).
30+ billion coins have already been given to the new development team which took over this coin over 6 months ago.
The new dev is implementing a change in the wallet in January reversing POS, so POS will not work for people with the largest number of coins, its a little contraversial but fair for people with smaller holdings.
My share is available for investors to purchase should anyone wish to buy a large stake of XP.
Hope that information helps!
Wow the original dev. Hello, thanks for working on XP when you did. I do have one question, how many Experience Points Coins is a small holding, 1 XP? or maybe 0.00000001 XP? Just curious, thanks. To be honest, it doesn't really matter what happens. The thing about Proof of Stake, is that it is inevitable that rich people get richer. It is designed that way, the staking rewards will be reduced, which means rich people will still get richer, but it will be harder to make the coins, which will stabalize the inflation. The rich will still get richer. Correct me if I am wrong. P.S. I like XP coin, dips mean discount coins to me.
No problem. On the POS thing you'll need to ask Evangelo, I have no idea, as far as I understand POS is being reversed so that people with smaller amounts of XP will be able to stake more blocks, whereas people with more coins will find it harder to mine POS blocks, i imagine you'll still need a few million or more XP to make it worthwhile staking. Ive also agreed to give 25% of any coins mined from POS to the new development team to help them further up until January when the POS changes