Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin V1.9.1, Energy Saving Coin *27 Exchanges *57 Merchants
by
ranlo
on 29/05/2014, 01:19:23 UTC
Quote from: dille71
But as i said i have some ideas how to simplify it..

Can you share some more details and how you plan to simplify it? I think that it actually being over complicated a bit and coin age isn't relevant when you're dealing with exchanges anyways because they're constantly moving the coins back and forth between their own wallet and therefore there's no real way to see how much each person has earned regardless

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This is not about an exchange and moving coins within one wallet.  So, yes it can be very simple i guess i miss read your first post.
One have to require people to not move their coins in a certain time period that is a couple of days more then minimum coin age to ensure they stake. Maybe 30 days. If they move them before no interrest is payed.


Yeah, the problem is exchanges don't keep coins in the same addresses you deposit them into. ie.

I make a deposit of 100k MINT right now. That's put in Address A.
Later on, when the hotwallet hits 500k (due to 4 other depositors), 350k coins are going to be moved to the exchange's cold wallet, Address F (including coins of mine, B, C, D and E)

From time to time the hot wallet will need replenished. This means coins are moving back from F to another address for sending out.

When we make the deposits is irrelevant because the exchange is going to be shifting things back and forth between hot/cold wallets and addresses for paying out.