I will not do PoD under any circumstances as I do not see the point for it.
I don't understand what PoD here means?
It is DOXing to some susceptible people who pretend to have the trust of community.
bee7,
Apart from our conversation yesterday, is inflation possible to be included in this basic POS system? Say 9% per annum.
Yes it is possible, of course. We will discuss all the properties of the coin here before we implement it.
I hate the Doxing part. I am always against it and always will. Okay roger that. First let's get the community's acceptance, then we can discuss the properties. At the same time, i will try to get the major shareholders to donate for your portion. I can say we have 2.5% of total coin supply, and i will try to get more people involved. To the rest, those holding more than 10k-15k of RS, it would be helpful if you can pledge some of your coins. You guys can send to my nxt account and i hold it there until we have a real wallet/client. Then i will send the dev stake to him. Is this okay with you bee7?
There is no real need to collect the funds now. This could be done when we have a running wallet and distributed coins. More over I insist on this sequence.
As soon as the coin is issued (emitted, printed) the RS Nxt asset should be destroyed somehow. Do I get this correct? Could anyone explain me the intended procedure of all this asset issuance and utilization, please.