Because staking is the only thing securing your network, and processing blocks and therefore transactions???
Do you even understand how the fuck PoS works?! Jesus Christ.
Are you trying to tell me that all other altcoins without PoS are insecure?
Those use POW or proof of work, Like bitcoin. POS coins like this one rely on staking instead, so its *very fucking important* that it works. Seriously, can't believe this needs to be explained.
If you can only stake with a minimum of 1 Sync... My God. Good luck processing blocks when only the top 100 richlist can stake. Oh and, yes, the security is basically nonexistent, because your coin is now in the exclusive hands of those lucky enough now and in the future to have 1Sync.
If your distribution goes according to any rational market mechanism, there are going to be less of those people every day. What a clusterfuck.
Luckily, I don't actually think you need 1 Sync to stake, and it should work on any amount. However, the dev seems ignorant of how his own system actually works. Which implies to me that he never wrote the thing at all and just lifted it from somewhere else.
maybe it is possible that this dev isn't a coding genius. Maybe he needs some help. I still believe in the specs of the coin, and all the positive ways that this coin came to be where it is at with a lot of people joining into the community. If dead coins can be revived by the community, then we as a community can get this coin to where we want it to be. And I have a feeling the devs will want to be part of that community. So let's sit tight and stay positive and work towards bettering this coin and community.