Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept
by
TheMightyX
on 04/06/2014, 11:31:54 UTC
At the end of the main giveaway, and after bounties and bribes and such, we may re-open the PMC to PMC+ swap ( a second chance )
I think we should get rid of the second chance swap period. By this time PMC holders can just sell there PMC and buy PMC+ on an exchange. Keeping the second chance swap period means that PMC+ price stays tied to PMC price. We'd be anchoring PMC+ down with a declining coin for an extended amount of time.  It also means this coin will be significantly 'premined' in the sense that one party will hold a substantial amount of the total coin for an extended period of time. While I for one have no problem with someone like Kbroadfoot  holding this premine, it decreases our appeal to newcommers.


Let's talk about that later.
You are welcome to sit in on our discussions.

Is this coin turning POS too?

yes, but staking interest is temporary.