Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] [SCRYPT JANE] UltraCoin (UTC) - Newly Launched
by
dcgirl
on 05/02/2014, 16:29:58 UTC
Quote from: bumface on February 05, 2014, 04:21:57 PM
Quote from: kresu on February 05, 2014, 04:13:47 PM
Quote from: dolphinss on February 05, 2014, 04:11:37 PM
Quote from: Last1212 on February 05, 2014, 03:48:48 PM
Quote from: bumface on February 05, 2014, 01:54:42 PM
Proof of Stake explanation

20% interest per year if you

3. have wallet online all year

Lol wut?

Ya have wallet online all year? You must be kidding!
Yes, you have, because that way you can an intermediary for transactions.

this is if you want pos rewards guys, if you dont then dont have it on all year  Cheesy

I still don't get this. How can anyone guarantee that a wallet will be online for a full year? Power outages, hardware failures - seems like no one would ever "qualify" to earn the 20%.