Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *Wallet 1.3
by
Nullu
on 20/02/2014, 08:14:43 UTC
So after the PoW phase, (3 weeks) then block reward is only 1 coin.  And then all PoS minting.  But to mint PoS you only need to turn on your wallet once every 20 days.  So who will be running the block chain (securing transactions) after PoW phase?

this is what i was wondering too.
i assume its still PoW from miners, but with no one mining (or very few) it would be very easy to 51%.

someone please correct if I'm wrong

PoS takes over as the dominant mining process, and as coins age at from the point they were mined, someone will always be minting somewhere to generate new network blocks. To 51% attack with PoS you'd need to hold 51% or more of all Mint,