Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SPECTRECOIN | Anonymous Tx | Tor | Ring Signatures | Stealth
by
TaylorCZ
on 27/08/2018, 21:50:49 UTC
I think that this project is not so wide spread because it only offers 5% of new coins per year per person (in average). This is very very low compared to every other POS crypto coin. In fact it wont even pay itself if you let any server run 24/7 to only stake this coin.
 I know it's not all about money ... but in the end it is. Cheesy

People forget that compared to possible growth of coin price if the project succeeds, any staking profit is negligible. On the other hand, if project fails, _any_ staking profits, no matter how high (we are talking about reasonable yieldd, that means tens percent) are useless in the end because you lose more on declining coin price.

I don't expect anyone runs server or VPS dedicated for staking one coin only and nothing more , thus taking your note irrelevant.
Better take staking as helping securing network and keeping it more decentralized. Staking reward is just pleasant bonus on top of it.