Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SFC] SafeCoin - The Real Safecoin. May Launch
by
jdun
on 02/05/2014, 21:50:38 UTC

5.    Pump and Dump Protection:

       Wallet Addresses which show a 50% or greater loss of coins (ie., a dump) will experience a greater difficulty level when mining.

       Wallet Addresses which show an accumulation of coins (good for the community) will experience a lesser difficulty level.

       I am still WORKING on a contract implementation which allows users to lock their coins in long term (and possibly convert to leaps).  If implemented on launch, this will also strongly decrease mining difficulty.


I appreciate your attempt to prevent PnD, but practically speaking, once I had collected a sufficient quantity that I was ready to sell, then I might also be ready to stop mining, and thus I wouldn't care about "increased difficulty" that would come with dumping. Just a thought.