Re: [CPL]CapitalistCoin [PoS] Pre-announcement - IPO Stage 1 begins April 7
Is this going to be a Scrypt coin and which cryptographic hashing algorithm(s) do you plan to use?
This is a scrypt coin... After the IPO is complete we will be using POS only so we figured there was no need to include any new cryptographic hashing algorithm. We are discussing internally to perform a hard fork upon releasing the wallets to ensure that the initial coins will not be accumulating interest in our wallet. This is to ensure everyone together will start the POS at the same time.
Thanks for the reply.
Despite being a PoS coin, you might want to consider implementing the x11 algorithm. This and a 30 seconds block time will place CapitalistCoin (CPL) in a class of its own. Or do I have the cat by its tail?
Hahahaha definitely! We are utilizing the current new algo with 30 second instead of the traditional 500
Just to make 100% sure... are you utilizing the x11 algo?
Yes yes we are
Sorry hope that clears it up