Post
Topic
Board Announcements (Altcoins)
Re: [ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info
by
blitzkitten
on 03/10/2014, 21:36:06 UTC
On another note, I think we need to re-address the coins cap.

When the coin was released there was to be a 330 Million coin cap, 300M to be distributed by mining and 30M to be distributed through staking.

I have currently sent a few feelers out to confirm that the coin still has there parameters.

The issue as far as I see it is that 30M coins distributed through staking only gives the coin a 5 year growth period (slightly less if all coins were staked and the interest was compounded)

I think we need to look at the coin having more like a 20 year growth period, keep the staking at 2% per annum but raise the ceiling to something closer to 420M