RE: Newbie Stake Loss Compensation Phase 3 Data

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Newbie Stake Loss Compensation Phase 3 Data

in gridcoin •  7 years ago 

Capped at 500 because you have no previous stake block and if you purposely waited a long time you cud potentially exploit it by renting a ton of machines for a short period and use the current magnitude then. Newbie stake uses current magnitude at stake. Yes its not greatest for new users who have to wait a long time to stakr due to balance but it protects the network. Thank u for your understanding

gridcoin
7 years ago by

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      ·  7 years ago 

    Thanks for the clarification and I appreciate your quick response. I am happy that there are these safeguards for the coin. And for my newbie case, I think the difference may have been only a few hundred coins at most.

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