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    Author Topic: [ANN] [ASIC-RESISTANT] UltraCoin (UTC) - Ultrafast 6 second transactions!!  (Read 946677 times)
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    nanoprobe
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    June 19, 2014, 08:51:03 PM
     #15781

    have the details of PoS changed with the new wallet? Or is it still hold for 365days to get 20%. I thought I heard it changed, but I havent moved my coins since April and nothing is staking in v1.0.3.

    we are now finalising an update that will change the POS to weekly instead of yearly, 0.1% per week
    0.1% per week is too little,0.25% is ok .


    this number has been decided by the community in an IRC meeting   Cheesy

    Was 0.1% agreed on? that wouldn't attracted investors as they could just place there money in a high interest account at a bank to get 6-8% interest per year. We need to at least aim to beat this so investors would find it lucrative!?

    I would be very interested to know the name of a bank that is paying 6-8% interest on anything. I have money standing by.

    first listing on google i found by typing '6% interest bank account' - took 5 seconds

    http://www1.firstdirect.com/1/2/savings/regular-savings-account

    Nice try. Did you read the fine print? Probably not. I'll pass.

    You'll never know what you're living for until you know what you're willing to die for.
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