Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LIBERTYCOIN][XLB] v1.0.1 | X11 | 100% POS | No IPO | No Premine |
by
Vlad2Vlad
on 30/07/2014, 17:21:26 UTC



LibertyCoin,

Thanks for the info.

Just so you know, millions of non tech-savvy people [like me] will be coming in and one of the main things they look at is dilution and inflation.

I'm not sure what the subsidy is, but if that needs to be cut back then the sooner the better.  And I understand the needs for 2 billion given PoS goes one infinitely but if you significantly reduce the subsidy and with only 1% per year PoS, then you would be able to use a much smaller number, like 21-30 million, for the next few years with no issues.

If the coin is still around in a few years then I'm sure the holders won't mind raising that max cap to keep collecting their PoS. 

That way the coin does not appear so destruct only dilutive to new investors.

I bought my LibertyCoins at 15,000 BTW, so I've got a long way to go.

Cheers!