Post
Topic
Board Announcements (Altcoins)
Re: ✅ [ANN] Genesis $GENX | P2P Payment Ecosystem | Equihash192.7 | Airdrops
by
kaszebe1
on 05/01/2019, 20:10:41 UTC

I disagree. MN are no different from people accumulating large bags to sell during a pump. It's also the same as PoS where people want maximum coins for greater stake weight.

Mn aren't just a revenue stream. They should, if implented correctly, be a cornerstone of the platform and be utilised for advanced functions.

By your logic, what do you consider is decentralised? Should everyone hold no more than x Genx? How do you enforce that? Doesn't make sense to me but interested in hearing your thoughts.

With Master Nodes , people who owns it can stop mining. They just keeping the nodes alive and get rewarded for that.

In fact whats the difference between masternodes and wealthy people keeping large sum in bank savings ?

They are both paid from work of others.

Masternodes kills the equality in cryptocurrency. To me decentralization is : PoW algo that everyone can mine and no PoS / Masternodes. Simply - you stop mining - you stop earning. No free money . That's all...

The ideal PoW should be CPU and Solo Mining Only ..but that is another thing.