Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast
by
deadthings
on 23/04/2014, 01:06:16 UTC
I still don't get what the big deal is...
*snip*

So immaculately well said. I couldn't agree more.

What happens and will there be miners left in the sustain phase?  If not you have a security problem and the coin is compromised.  You'll see for yourself what happens with a mid-point vote of 512 which more then likely will be close to the vote give or take 150.  Reward jumps up in second phase (which will more then likely cause the coin to de-value as more coins are being produced.  Then it drops to at most 8 HVC in 3rd phase.  How does the coin survive a 100 fold decrease in mining profitability?  It can't in all but the most likelyhood.  When you loose miners, you loose hashing and all your coins security.

But again, don't take anyone's word for it.  Do the math yourself, then come back and post what you find.  Then decide if it's something you want to mine now or invest in.

If the answer is YES, then you basically have as much coins to buy cheap now that you want.

Miners always think they're so important. Guess what? They're not.