Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Crypti | Release July | 100% POS | New Source
by
GreXX
on 08/07/2014, 23:56:53 UTC
ADD MORE COINS...........

I suggest you read how PoS works, and see for yourself why you can not add more coins, without causing a fork:
https://en.bitcoin.it/wiki/Proof_of_Stake

You could create 500million coins now, but only release 100 million in the "IPO", saving the other 400 million for later, (or yourselves?)

BTW, IPO stands for INITIAL Product offering.  INITIAL means first.  As in, there will be more later.  

IPO actually stands for Initial "Public" Offering because it is the first time a company is opening up shares of said company in the form of stocks to the public.

That is why we are calling this a pre-sale and I have stayed away from using the term IPO. You can call it that but I prefer pre-sale as it is indicative of what we are doing. We are selling all of the Crypti to be generated prior to the generation block so that when they are generated they can be distributed to those who invested in the agreed upon manner.