Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Kora::100% POS|Qora Clone|Free & Fair ~3k users|issued NXT AE asap
by
Kora
on 22/05/2014, 12:25:16 UTC
Do you have a schedule? The way for distributing is very important, just make sure there are regular rules.


Yes, the distribution is the most critical task for a POS coin, other than developing the code. With POW miners 'earn' their coins from wasteful, pointless calculations, but the incentive motivates miners to run nodes and secure the network none-the-less.

But for POS the distribution is vital! It's like you're distributing virtual mining equipment for securing your network, so you want to distribute to as many people as you possibly can.

137 people .... far too little, and by asking new comers to pay high prices for coins, your creating a massive hurdle that could be avoided.

I don't have a schedule, but I have ideas. As the distribution IS the fundamental task for Kora, I'm going to offer a bounty asap.

notes for 'registration' bounty hunters:
- registration has to be based on - 1 human, 1 stake
- most likely done on a separate external site to this forum
- need to check for multiple account abuse (check IP address, TOR use)
- ideas from other coins - twitter, facebook, reddit

I believe someone can design and implement a very solid registration setup - that person will get a big bounty. How much? I'd like to take suggestions, I think it's so critical it might be worth 5%. What do people think?