Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains / XBridge / true cross-chain P2P
by
synechist
on 30/10/2014, 12:54:49 UTC
Received my first stake already. Kiss

Which stake are you talking about?

Yup...I got some stake also.  BlockNet is a POS coin.
How can it be a POS coin? thought the total number was set from the start and could not change


you need something to move the blockchain. It should ether be POS or POW

As stated everywhere, these are interim measures until the Blocknet tech launches.

The Blocknet is not a coin. We're just using PoS wallets until BLOCK is redeemed for NHZ assets.

And to repeat another statement, we'll burn an amount of BLOCK equivalent to however much is staked, probably once the asset exchange kicks in.