Post
Topic
Board Announcements (Altcoins)
Re: Qora | POS | Assets | Names | Polls | Automated Transactions | Social Network
by
chup
on 04/03/2019, 07:56:41 UTC

If you support the project, then you're one of the people who is deserving of one of the initial minting accounts. If you don't support the project, why should you be rewarded?

I did keep wallet online for long enough period with no reward to be entitled for minting QORT account. Just don't want to be part of QORT closed club of endless minters.



We will simply read through the blockchain to find how many blocks were staked by the account, provide a system to keep track of that, and assign 'points' to the blocks staked by the account, giving more value to the ones that were staked while the coin was 'dead' in the eyes of the people, as this is the time the project needed more support, and the people who actually cared about the project, were the ones who were staking 'for free' simply to keep the chain moving. Which, is a valuable contribution, worthy of reward.

Where in We do You see decentralization?



Every other person, when hearing the plan for the start of QORT chain, has been fine with it, and has asked relevant questions and/or just been excited. You are the only one so far to be upset by it, which leads me to believe you really are a type that feels entitled to becoming a millionaire from doing nothing. I personally can't stand that mindset.

Open eyes widely and You will see that I was just the first one to read what is proposed and raise the flag. I'm not alone.
BTW, how You see difference in dollars spent for buying QORA and dollars spent for development? They have different color or what?



I don't know where you're coming up with this 'endless minting' nonsense, I never said that. The initial minting accounts, which will be given to QORA supporters, and will obtain the whole of the block rewards of the system, until the PoL algo is implemented. At that point a portion will go to liquidity providers, and another portion to minters.

Well, I don't see end of minting in Your recent explanation, so "endless minting" of "closed club minters" still holds.



I don't know what your comment about a premine has to do with anything...

THE COIN WILL LAUNCH FROM BLOCK 0, WITH NO COINS.

Users who supported QORA, can obtain minting accounts which will obtain the block rewards.

Initially, there will need to be a solid supportive group that has majority to ensure that the chain isn't attacked by a malicious force. Therefore, founder accounts are a necessity while the project is new and small.

You have a problem with the devs getting a reward for developing a truly decentralized trade platform unlike anyone has ever seen from scratch? Yet, at the same time, you would like to be rewarded for nothing? Your words are making a whole lot of no sense to me.

Good luck to you as well!

Preminting or premining, as You wish. It's non-fair initial distribution. I don't want to be part of such ICO scheme.