Post
Topic
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
Jan1337
on 08/02/2018, 20:22:49 UTC
If im not mistaken and please correct me if I am, but im at work right now, so I cannot investigate this further.

DASH's masternodes currently holds 60-ish% of the total DASH-supply. For PIVX the masternode rate is 38-ish% and total staking rate 62.5%.
The SeeSaw algorithm is designed to keep PIVX masternodes at around 41.5% rate, so it seems to be working pretty fine.

COLX, just like PIVX uses the same Seesaw-algorithm. I can try and dig in abit further when I got the time.
The Seesaw algorithm is what determines how profitable it will be to either host a masternode or stake.  I'm quite curious aswell now.

So is COLX Seesaw-algorithm also configured to maintain MN count around 41.5% rate? Or is that part changed?

Dont know, this is just what i remembered from PIVX. Will dig deeper when I got the time, ofcourse ill post it here.