Post
Topic
Board Announcements (Altcoins)
Re: IncognitoCoin - POS 200%, Should we change the POS %? If so, whats an optimal %?
by
tfbpa
on 04/08/2014, 07:47:39 UTC
Even though the advertised Pos of 200% is in reality only 15% per year as the staking in the wallet doesn't function correctly, as I have stated multiple times, I indeed agree that 200% advertised or real, is not the way to go and should be lower. If people see 200% they just don't do anything with it, which is not good for a coin I believe.

I would also make it <10%.

But please try to code the wallet and staking in such a way that in reality it will be <10%. At the moment whenever you get interest from staking those coins appear to not be stakeable for 24 hours, hence it is 15% now instead instead of the advertised 200%.

So if you can do the above, then in reality there will not be so much difference between 200% and 10%, except that people are more inclined to trade and/or use it.