Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karma /₭/ NEW! X11 + Time Warp + More (pg.140) SIDECHAIN+ (pg. 143)
by
p4r4m0un7
on 03/09/2014, 07:02:32 UTC
This is to continue the discussion about the PoC model. If I missed similar idea, please excuse me. I think that PoC model should be improved in some way. If it is possible, it should be kept, but changed. I suggest to raise the holding period to 6 months and 75 million coins (yes, raise). And also to assure that no exchange will take advantage of other people coins, I suggest that investment of 5 million KARMA should be send to dedicated address at least 3 months before any deal is announced or closed - we can discuss this term. This address could be same as KARMASHARES address - open for everyone to look at it. This way anyone can see which address is eligible for any profit. First see it at this special list and then look at the block explorer to see when the transaction was made. You know that I am strong supporter of the small investors and miners, but I have learned some lessons from the recent events. This 5 million coins can never be withdrawn and also can be used for Karma funding.

If such decision is taken, I am willing to update such list. Not holding the coins of course, just updating the list.

All that will read my proposal. Please focus on how to improve PoC model, not on should it be removed or not. The discussion is not focused on kill or keep PoC.