Post
Topic
Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
placebo
on 17/03/2014, 20:57:41 UTC
what would immensly help is something that other sites will talk about and will renew interest in eac.

I suggest switching to proof of stake asap.

then implement 25% interest in the first year, then 20% next year and so on. this will people want to HOLD eac.

right now nobody in their right mind holds this coin.

with proof of stake, it would finally resonate with the "protect nature crowd", it will stop multipools raping the coin and news sites would support that step and report it.

it is only natural for "earth"coin to use POS since it is so power saving.  hell, make an 40% interest in the first year, but reward people who HOLD the coin, not those who multipool it


do this, even announce this, and EAC will rise tenfold in mere days.


Interested in hearing other people's opinions on this.

We need those multipools.

What happened with Mooncoin -> Multipools hit Mooncoin and ran away, price skyrocket, because it took hours and hours before a new block was find, so no diluting or just little.

It is not a EAC problem , it is a global problem. Changing to POS will be really bad, as who want to hold their coins in wallet? Nobody want that, as when suddenly the coin price jump by 200% then you will sell your coins and don't hare about a stupid 20% POS or so.

If DEV want to change something then i would do the following:

1. Decrease the reward by 50%, keep the superblocks as it is something unique for Earthcoin.


In fact people don't need to complain, they need to take 5BTC and buy 25M coins that are now for sell at 20 and 21 sats. Try to add as many coins as you can, as what has happened? Earthcoin still give the same services, did some websites stop using earthcoins? So why should Earthcoin not move higher in a nature way? Just be patient and give it time, and be smart, BUY and don't complain.