Post
Topic
Board Announcements (Altcoins)
Re: [ANN][EMC2] Einsteinium | Funding the future with the future of currency
by
praxiscat
on 28/05/2014, 01:23:06 UTC
I should note, to reach roughly the same amount of coins during the 50 year life as EMC2 is laid out, 300 million ...it would be around 2.0% per year for PoS when we implemented. So 10% per month is out, as stated that inflation rate is too high. With that being said, the rate of distribution would shift to being more even during this 50 year period.

Again, we are leaning towards PoS, not a new mining direction. Again whatever direction we go there will be detractors and supporters. In terms of the mechanics of PoS...we are still evaluating things, thus why we opened it up to the community. With that being said, our core dev does support a move towards PoS as supposed to a new mining algorithm, even though from his perspective it would be a heavy lift.