Post
Topic
Board Announcements (Altcoins)
Re: 💰 [ANN][ICO][AGT] 💰 AGATE - Paypal for crypto currencies 💰
by
Toshiro Mifune
on 09/01/2019, 00:03:37 UTC
Why you decided to switch on POS? Isnt ethereum blockchain good enough for your purposes,especially now with these changes that are coming?

I think it is because Agate has its iFiat Ecosystem for handling and nullifying volatility when it comes to payments and need it's own blockchain for that.

Isn't Agate code open source? Or just the app? Couldn't that be translated to Etherium blockchain too?

How would we then have POS if Agate was on ETH blockchain?

Agate will move to their wn blockchain this quarter.POS is the future,even ethereum will eventually switch.

Etherium is already making moves, hard fork should happen on 16th.

Does that mean that there will be no more mining of ETH ? That will affect the price a lot right?

There will be mining but block rerward will be lower,it will be 2 eth ,down from 3 eth.