Post
Topic
Board Announcements (Altcoins)
Re: 🔥[DIXICOIN][PoW/PoS][C11][Asic+NH Res][Masternode][☑️ Launched!! ☑️] 🔥
by
HardBlockMiner
on 27/07/2018, 17:07:57 UTC
What's the point to grow the mn collateral? I mean, we will have just less people into masternode, but basically the same reward, am i wrong? I'm asking because i'm curious, i don't know so much how it works.. what will be the benfits? Thanks Cheesy

I can understand the concept and the reasoning but I'm not sure if it's the best way to go.  The concept is that it would create more demand with existing users who would buy more and create more volume. The reasoning is because we need better volume and a more stable, and hopefully higher, price so that the hub can get started with some of the premine being sold so keys can be purchased and when the keys are sold the can be traded into BTC and then fiat so more keys can be purchased without huge changes in the price.

I don't know that it will work and I think that if everyone in the community would spend a bit of time each day promoting the coin it would do more for the price than this would but I could be wrong.  Either way this is something that needs to be addressed to help the hub succeed. 

But also they can create the opposite.. if a masternode need 2000 collateral, all the people who have for example between 1000 and 2000 will sell, as the people who have between 2000 and 4000 probably.. so don't know if it is the right choice.

It's a difficult choice for sure.  Glad I'm not making it Tongue  For the time being seems like we're staying with 1k collateral.