Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Lollypop(LOLLY)🍭1ST DIVIDEND PAYING Smart-Contract Token🍭 | PRESALE LIVE
by
LollypopToken
on 05/10/2019, 16:49:14 UTC
I don’t understand how a project with serious intentions in the long term can be called a lollipop, and what is the advantage of a smart-contract over a node that can be stored on a server and also bringing a falling income.
you have a good question in the end. why not a node but a smart contract. answer to that is if you build a node on your machine it takes computing power and pc's resources to generate new coins. when you build it on a vps you have to pay vps charges. same is the case with pos coins , to run them you have to keep your pc on 24/7. why do all that shit. Lolly is unique because you don't even need to have your pc turned on 24/7 to generate new coins, your dividends automatically come to you when you make any transaction. generally eth tokens have a fixed supply and no new coins are ever produced. but with lolly its not the case people are rewarded on there holdings and we expect more people to join us to get this sweet taste of lollypops. Masternodes are old fashioned and highly overhyped. Masternodes are only good for a few great coins like Dash and Pivix. Rest all coins are clones. running after easy money by cloning and stealing others work has made developers blind to innovating something new. With lollypop we wanted to something new and our concept is experimental and we all yet have to witness how this experiment goes. Bitcoins emission is 0.8% inflation a day still people love it , use it and trade it. Lollys inflation is 1% a day we were highly inspired by yobit's coin like LIZA which has this model of paying investors 1% a day on there holdings but there coins didn't had a blockchain and they all were virtual so there was scope for cheating , they could add new coins to the supply without anyone knowing it. We spent 20 days building this token where as you can build a eth token in just 10 minutes. There was lot of brainstorming and testing and failures involved in making this possible for a moment we thought this could not be possible and we should think of something else but our talented team made it possible thanks to them.