Re: [ANN][PoS][TOKC] TokyoCoin - New PoS Algorithm

Quote from: ustin on March 13, 2018, 01:00:50 PM

Quote from: cichinero on March 13, 2018, 09:28:31 AM

i wrote a few weeks ago about this coin. I got 63TOK after 3weeks of staking .
they said to buy more. and i said why so the rich can sell.
it appears that i was right.
they reword the rich and to the little guy they give nothing.

It is common disadvantage of pure proof-of-stake concept - riches become richer.
Thats why our primary goal is maximal decentralization, thats why we dont need whales Sad

Thats why I am against masternodes for this coin - it adduce harder centralizing
But it is only initial phase of the coin, and we hope, that we can overpass it by some new concepts.
Stay tuned

It is always so. In crypto it in PoS, PoW, masternodes. There is no way then destitute becomes richer faster then riches. Just try to get your piece of cake.