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Showing 2 of 2 results by lambertpf
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Board Announcements (Altcoins)
Re: [ANN][MAG] X11 POS/POW+Masternodes MAGNET / magnetwork.io
by
lambertpf
on 01/02/2018, 15:52:26 UTC
nevermind. I figured it out.

I have the same problem. What did you do? How did you figure it out?
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Board Announcements (Altcoins)
Re: ★★DigiByte|极特币★★[DGB]✔ DigiSync v6.14.2 - DigiSpeed - Segwit -DiguSign
by
lambertpf
on 11/12/2017, 02:51:01 UTC
I've been thinking a modified Proof-of-Stake (mPOS) algorithm could be a good alternative mining algorithm for DGB.

An algorithm where mining-node has to provide the network with proof of 100,000 DGB ($1,500) as a type of collateral. Then the mPOS algorithm could have a pseudo-random selection process that is derived from the hash of a previous block to select the mining-node that gets to create the next block. Having a mPOS algorithm would create incentive for miners to invest in DGB instead of spending money on expensive ASIC hardware and electricity. It would also have the tendency to pull upward on the value of DGB by encouraging savers, effectively reducing the DGB supply which offsets the effects of the high short-term inflation.

Any one else have thoughts on this idea?