Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SuperCoin Takeover by Trusted-Cryptos Team [Griffith]
by
Griffith
on 08/12/2014, 00:14:39 UTC
Stake is not interest.  It is a superficial mimicry of interest..  Coins cannot earn interest until one of them comes up with a way to lend them at a contract interest rate and have them still be spendable,  but revokable (or rate adjustable) if the terms are not met.  This would never work with anonymity unless it becomes possible to enforce the contract terms on an anonymous wallet or address through some kind of escrow mechanism.  Even then there's no way to estimate default risk and thus set an interest rate to lend them at.  

i may be mistaken for this coin, as i didnt look it up before posting this. but for other pos coins i have worked with. interest is calculated based on how much you stake. so more stake means more interest.


@Griffith




lol i appreciate that gif