Post
Topic
Board Announcements (Altcoins)
Re: [SPC][PoF] SaveCoin | Proof of Fund Coin | 64% Interest Annually / 0.137% Daily
by
Suresh Matsui
on 04/07/2014, 13:17:37 UTC
I was just wondering whether savecoin was the first coin 51% attack resistant, with Proof of fund.

Nope. It's SHA256 coin, with additional PoF feature (combining the best of PoW and PoS coins).

There are no and will be no 51% resistant decentralised coins, such resistance would mean that the coin would have to be centralised.




Thanks

Anyway it is still the only coin with paper wallets gaining interests !
No need to connect, unlock wallet, and wait ages to have perhaps 1% interests...


Cheesy

Yes, SaveCoin lets you gain interest even on paper wallets! All thanks to Proof of Funds! This is not done on any other crypto!


I must say it is simple yet very convenient.
How did you manage to make it automatically pay interest ?

Furthermore, I like Devs who don't just copy other coins feature but are searching in other ground.
Any other feature coming ?

The interest payment is done from a server which calculates the interest payment due by scanning the blockchain Smiley

I'll be hoping to get more features added as time goes on, when they're ready I'll announce them publicly Smiley

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We're now on http://ispace.co.uk/ mining pool!