Ninjastic
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Board Announcements (Altcoins)
Re: InflationCoin - IFLT - 8% PoS Year III - Yobit - Alipay - LocalBitcoins
by
DarkStar1O9
on 23/10/2018, 10:34:46 UTC
Quote from: EvRo74 on October 23, 2018, 08:54:26 AM
Quote from: DarkStar1O9 on October 23, 2018, 01:26:21 AM
Quote from: Almanah on October 22, 2018, 05:11:35 PM
Quote from: kiddo on October 22, 2018, 08:07:17 AM
Did already the PoS interest switched to 8%? as I know first block was mined on November 7, so 2 years didn't passed already, or was the block mined faster than expected?

seems like decreased. I thought it will be end of november, but im still content. it better that less coins will be minted


As shown on the front page banner and calculated from the source code, Block 1180800 was when the 8% PoS mining subsidy period begins (currently Block 1184061). I'll update the banner and also more updates will be coming later today.

Great hard work, Dev! I had a question: does the POS function for IFLT tokens on other platforms remain or is it only an advantage of the main blockchain?



To make things simpler staking interest is only available on the main original network, while the other tokens function as crypto tethers for expanded infrastructure and additional development options. Stellar, Ripple, and EOS also offer free high speed transactions for any of their digital assets given that some amount of their native currency is staked on an account. This framework is based on the current technical state though and could change in the future as more major blockchains update and are released.