Re: [ANN][LIBERTYCOIN][XLB] v1.0.1 | X11 | 100% POS | No IPO | No Premine |
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!
Thanks for your comments man. It's the most civilized and polite post I have seen here for weeks.
I'm working on implementing a dynamic interest with a 'Expansive' monetary policy but low inflation that I learned in my Economics class. I finished it yesterday but I'm still testing it. I'm very excited about it.
I think Blackcoin and Libertycoin are the pos coins with the lowest inflation. I'm not too worried about it right now, but I do intend to neutralize it with a better and bigger multipool.
With the announcement you will see in less than 2 week, you will see that Libertycoin will be around for many years.
Regards
Templar77's "2 weeks" is up tomorrow & still nothing from him as usual..
Templar77 we have given you more than enough chances & you continue to let everyone down. People have invested real money in this coin & deserve better.. If you do not have anything to show us in the next 24 hours I suggest that you hand this coin over to the community otherwise you risk your reputation being completely damaged in the world of digital currencies forever.