Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ARCH] Architectcoin ICO on*Bittrex*Wallet Chat/Exchange Rates bountys!
by
The Architects
on 17/07/2014, 03:14:25 UTC
Ok, so this is a pure PoS coin.  100% of which will be on an exchange to start with and most of which will likely stay there.  Whats to stop someone from buying a fair amount, withdrawing in the first half hour, and attacking the network?

We have planned for this possibility, which is part of the reason our source has been lab tested against multiple ways of proof of stake attacks. The master key we added to our code plays a role in protecting the blockchain as well, great question though. We hope to have the wallet/source released before the end of the ICO so people can see it's features and test them out.

To those asking for our real accounts sadly we have only been observers on this forum and not contributors, this account for Architectcoin is our lone account. As far as supporting the coin if the ICO does not do well, I think we know the answer to that. We cannot sustain the development salaries of both devs and community if the ICO does not sell therefor our plans couldn't go forward. Hopefully soon people will see the value in our project and we can continue as planned. Look for some good news soon, for those who have invested thus far though.