Post
Topic
Board Announcements (Altcoins)
Re: ★Italo Network★ - Proof OF Stake | Service Nodes | BLINK | Low Supply
by
italocoin
on 22/01/2021, 17:07:05 UTC
The VPS coin? I mean service nodes, shall it be interpreted the same as VPN servers run by blockchain users for rewards that VPN users pay for the service. I mean dang, holy rectum, who on the whole earth could have come up with this and why shall it even be accepted by the mainstream. Any doofus can buy a normal VPN subscription.

No, what "VPS coin"? We moved on proof of stake with PULSE algo, so in order to get block rewards you can't mine anymore but instead you need to create a Service Node https://github.com/italocoin-project/italo/wiki/How-to-Setup-an-ITALO-Service-Node and because the service node has to be online 24/7 maintaining it at home and your electricity goes out or the Internet dies for more then its allowed you risk to be decommissioned and to have the coins locked for 30 days, therefore we are in talks with a VPS provider that will give us a discount to people that buy VPS from them trough us. Hopefully that explained well the idea

Regards,
DEV