Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BRO] *ICO* STARTING!! Breakout Coin |Virtual Mining Rig|CELEBRITIES|Gaming
by
jaybny
on 28/10/2014, 03:52:49 UTC
Same as NEXT then. It is a problem because small investors will get minimal benefits from bergstake.

Over a long enough time, they will get a benefit proportional to their investment.

the other option is to provide an interest rate on all bergstake instead of a block reward system...  

That would be much better IMO. But where does the interest come from?

One way to work this idea is to require a minimum share for Bergstake, equivalent to say $25 at ICO prices. That's higher than the minimum ICO investment, but it isn't going to break anyone who has spare money to invest in an ICO.

[edit]

"Interest" would be a constant payout per block times the stake multiplier, is how I understand it.


actually this wont work.. we need block signers. we can give interest in addition to block reward... but thats besides the point.

pob - requires a single block signer, and the reward is the incentive. we can make reward just transaction fees and give out the 1 million in interest, i suppose.. but i still feel like the coin will be more secure with the added incentive of large block rewards.