Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] - The WhiteCoin Foundation - Community Planning & Discussion
by
rudius
on 29/04/2014, 21:20:36 UTC
Thanks for the info, mogonzo.

8 hours BC. 2 days WC. It does encourage wallets to be open 24/7, it's better... but I still believe 12 hour would be best for the coin, or even shorter time. BC doesn't have any problems with it's PoS model. There shouldn't be a compromise when WC future is dependent on fast PoS.

Anyone else feel the same?

I think what he's saying is that if they put a 12 hr stake in, and people don't update their wallets in that first 12 hours, the coin in their wallets may be lost? Or am I completely missing it? If that is the case, we need more than 12 hours to let people update wallets and catch up their clients.

You are correct.

No that s not correct. He meant that people will start staking their coins while some other people won t have updated their wallet yet, causing a fork. And with my understanding with crypto, i have to agree. I would prefer a short time but with the circumstances, 2 days is very good.

And MinAge has nothing to do with a fast crypto ^^ it s the block time that decide is it is fast or not.