Post
Topic
Board Announcements (Altcoins)
Re: 🚀[ANN]|[BSX] Bitspace |POW/POS |NIST5| POW 50 BSX | POS 50% interest 🚀
by
hammz
on 16/04/2018, 11:16:31 UTC
I think is something wrong with the code. I've stacked 50K coins for 3 days and I got only 4 BSX stacking 3 times which is far away from the 50%, this is something like 1% APR instead of 50%.

yea they've known for a while pos is bugged, I informed them a few weeks ago and I was told the 50% fork would fix it though from the code it was obvious it wouldn't.

they are working on it now apparently, its either a case of stake at the pitiful rewards or hoard weight I'm afraid mate.
Yes, we working on it.

To get 50% POS interest . Small inputs works fine (1000 BSX and less).
The issue is with big inputs. We are fixing it now and running few tests under testnet. Soon there will be new source.

There will be new hardfork at block 200 000. POW willl end. POS will be fixed +  switched to 200% interest per year.
At block 200 000. At the end of POW there will be 13 M BSX in existence.
200% interest will last until block 1 000 000. After 1M blocks BSX will be autoswitched to 10% interest per year forever.

We decided to end POW and move further distribution into POS.

Also good news for those who are not at Discord.
BSX cryptocurrency exchange will be launched until end of this month.
Exchange itself will need some time to grow.  BSX will be used as a primary payment.
Vote list for adding new coins will be created and voting will go via BSX.