Post
Topic
Board Announcements (Altcoins)
Re: THEY WILL MINE OVER 80% OF COINS BY THEMSELVES
by
normana
on 14/03/2019, 21:01:16 UTC
THEY WILL MINE POS WITH VESTED ACCOUNTS (WORTH 1.5 BILLION NIMIQS) AFTER THEY WILL SWITCH TO 100% POS.

SCAM SCAM SCAM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

THEY WILL MINE OVER 80% OF COINS BY THEMSELVES !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

This has been confirmed by some members (namely Marvin and Glenn on Discord ) that the scamiq team will mine with vested accounts worth almost 1.5 billion coins (30% of existing coins right now).

Mind sharing when Marvin and Glenn confirmed that on Discord (screenshot or it didn't happen)? Last time I checked, Glenn wasn't a team member...

Marvin just wrote on Discord:
Quote
in case you missed it, the answer if the vesting accounts can participate in staking is already in the Albatross paper: "Staking: When nodes want to become validators, they must send a staking transaction. [...]The result of the staking transaction is to transfer the desired amount of tokens from the node’s account to a special lock account and adding his validating key to an on-chain registryof potential validators." Vested funds cannot be transferred, so they also can't be transferred to the lock account for staking.

Which is complete opposite of what you just claimed.