Quote from: Turing on August 28, 2017, 01:28:59 PM

Quote from: Welds1977 on August 28, 2017, 01:08:49 PM

what WAVES going pos? wasn't waves unminable coin

Waves has a fixed amount of 100,000,000 Waves tokens.

It has LPoS (Lease Proof of Stake) for the generation of blocks.

Nodes can mine those blocks, receiving the network fees and some MRT (Miner Reward Tokens, while they last).

People holding Waves can lease those Waves to a LPOS node and receive their share of fees too.

So: amount is fixed, mining blocks generates fees only

Quote from: tetra on August 28, 2017, 01:13:52 PM

Quote from: Welds1977 on August 28, 2017, 01:08:49 PM

what WAVES going pos? wasn't waves unminable coin

You are confusing mining with creating new coins. Mining creates blocks

ah.. thanks , i was a bit confused between new blocks and mining fees

Welds1977

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