Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karma /₭/ NEW! X11 + Time Warp + More (pg.140) SIDECHAIN+ (pg. 143)
by
FredDag
on 11/09/2014, 22:19:00 UTC

Imagine how fast the gossip will spread when finally a grocery store is accepting "credit cards" payments (karma). people all over the world can send their loves one karma coin with in 3 minutes into their account. they don't have to do anything else then start using to buy food and clothes for themselves.



In principal I agree with you.

In reality I think there are presently 2 issues with Karma that, if not addressed, could make this adoption problematic...

1. Confirmation time... 200 confirmations required by Exchanges means the Payment Processor holds the risk for a long time.

2. Total Coin Supply & Value... Too many zeroes (imho) for day-to-day use.  Roughly USD $5 == PH 500p == 1 LTC == 1,000,000 Karma (@100 litosho)

Both these could be addressed by forking to a new wallet with supply of 920M (as suggested by someone earlier)