Post
Topic
Board Announcements (Altcoins)
Re: ★★ KoreCoin v2.0 ★★ [KORE]New ERA - ★★MANDATORY UPDATE★★
by
Azure
on 29/09/2014, 22:58:20 UTC

If the KORE network grows larger in the future will we need more coins staking at a certain time? Would this create a condition where the maximum coin stake would be raised?

In example... we have large number of transactions flowing across the KORE network in a given month. Would this cause transaction speed to slow down, as blocks could potentially get stuck?

Just some concerns I have.

Q

A large volume of transactions is not a hassle.  Bitcoin handles 3000 transactions/hour and it works just fine.  KoreCoin's blockchain tech works in a similar way.  The more popular a coin is the more transactions, of course, and the more popular the more staking there is with a PoS coin.  Works fine.  It is designed that way.