Quote from: onerarecoin on February 10, 2014, 01:15:50 AM

Quote from: bongsoup on February 10, 2014, 01:09:28 AM

Quote from: onerarecoin on February 10, 2014, 12:52:20 AM

Quote from: Jarod1231 on February 10, 2014, 12:48:08 AM

How can you reward the whales who hold large amounts of the coin... if all of the coin is pre-mined and sold... and the miners get the transaction fees? ... Logically that makes no sense... There is no "extra coin" to reward the whales with Roll Eyes

You just don't understand Proof Of Rarity (POR) protocol it's very complex and not imbecile friendly. Like I said the code and technical details of (POR) will be released soon and what you typed in your response was not 100% true.

Isn't the point of successful cryptocurrencies to make it easier for people to adopt? You imply your target audience are people 'who are worthy and super-smart who can wrap their heads around this complex idea to make it successful'.

Believe it or not no one wants to think that much using cryptocurrencies, or even the Internet for that matter. People won't adopt this if it takes too much effort just to figure out how in the fuck it works.

I wasn't saying the target audience is people who understand how the protocol works. The same as any other code based coin or product in general you only need to know how to use it. For example a cell phone do you know how it works exactly? For most people the answer is no but they still know how to use it.

No, but then when they pay for a cell phone they know they are getting a cell phone. Not a promise of a cell phone that they cannot possibly verify exists.