Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SEED] SeedCoin | Buy/Mine SEED & Grow Coinbase | MANDATORY WALLET UPDATE
by
Wheezy-
on 09/10/2014, 14:59:56 UTC
The high rollers I'm sure don't want this disclosed, but take a look and the block explorer and rich list. Most of the top invested have not staked any coins. I asked myself why.

Ask yourself why.

As coins age, they collect weight, this weight increases chances to stake, but also how much your stake is actually worth. If it's always 1% it doesn't matter. But we're about to hit 269%.

But what happens when someone unlocks their wallet with 5 days of weight with 26 seeds on block 10101? How much will that added weight affect their day one payout?

The person with 26 seeds is doing it. And the reason is that he will significantly increase his day 1 payout, and hence his total share of the coin.

Everyone should keep that in mind going forward, some individuals may massively increase their coin share through the growth. Just by how much, I don't know.