Quote from: malvino on December 27, 2017, 02:59:06 PM

Quote from: Dyna on December 27, 2017, 02:13:19 PM

Hi malvino. DNotes is still a mineable Proof of Work (PoW) coin but will not be for too much longer. We are migrating to Proof of Stake (PoS) in the 1st quarter of 2018. Our efforts are now joined by a large team - Geneca, with a drastically increased development budget. This is a very large scale multi-year project at a substantial investment in the millions of dollars. As I have said before, DNotes will be a technology leader in our industry. We are a very committed team with the mindset that to succeed in any business one must commit to "be equal to and better than the competitors."

Thank you Dyna!

Do you know how many DNotes are needed to PoS mining?

Hi malvino, to give a really rough estimate with a fair amount of assumptions, 50,000 DNotes would allow you to reach stake reward daily, and 5,000 DNotes would allow you to reach stake reward weekly. We are also considering that in the future we will be able to have staking pools, which will allow those with lower amounts to be able to stake and receive reward more frequently. Nothing has been settled yet as far as that goes, but it is on our wishlist. As we continue to grow, those estimates will change, and it will become increasingly more important.