Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SWP] Swipp Coin | Modern cryptocurrency | Pow/Pos rewards | Masternodes
by
bitcoinexplorer
on 24/11/2017, 02:41:20 UTC

We will not change the reward structure - we feel that the miner/staker doing the actual work should get a majority of the return.
Yours, team swipp


Don't change the reward but explain this.

Miner = the one who mines , deserves the reward - good
Staker = just keeps money in wallet and stake- gets interest
Masternode = Run a VPS and also submit a collateral as security ensuring that it keep running the VPS to serve as a node to service the network. = How come its not doing the actual work?

I really need to understand this, so please explain.

And as always, looking forward to witness swipp become a big coin and get listed on a new exchange asap.
Thanks.
It's a strange situation. I think that masternodes is more important part of network then proofing mechanism. At least both equal and must get comparable rewards.

+1. I also think it's strange that masternodes are getting a minority of the PoS reward. Running a masternode is a level of dedication above that of staking. What is the incentive and benefit then of locking up your 30k of coins?

Since no one is using SWP as a means of transferring value, it makes sense that miners get a bigger reward than masternode holders, but having masternode holders below stakers is strange.

I suggest that masternodes owner should have ability to accept or filter PoS blocks, personally i won't prefer getting PoS blocks because i don't want to take interest.

From my point of view i am ok with providing collateral of 30K coins without any interest to run the masternode