I am a noob. I barely understand this POW, POS, etc. Also the timing details, how long to hold, then it is no longer worth it to hold. Instead spend, etc. I think this community need an ELI5 FAQ on how this coin works and why it is better than (name that coin), etc. I would be happy to do it, but like I said, I am a noob! :/ Is anyone willing to do this? We could put it on reddit. That is where many of us noobs hang out and learn about crypto$. You would be looking at a huge investment (and usage) base there. However, it has to be presented in a ELI5 format or it won't help.
BTW, I think this is an awesome coin. I am not sure what sets it apart from its competition (hell I don't even know who the competition is [Mint, Peercoin, what are other POS coins anyway]) but, I like the atmosphere of this group and dev! Oh and Thanks!!!
there is a faq on page one that give you all the info you just need to read : )
Thanks for the reply Gouda! I have read the FAQ SEVERAL times. I think understand it, but its audience is for miners mostly. What I am saying is that there needs to be a FAQ that is directed at people who do not know that there is a wallet file for example. For people that do not know how to change a spark plug. They just know how to drive and turn on the car. MAYBE they know how to pop the trunk. The currect FAQ is perfect for its audience, but who ever creates a very good coin (this is one of them) and markets it to the masses with a ELI5 FAQ, Video, Usage, ETC. Will win this race.