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RE: Announcing Koinos Whitepaper & KOIN Mining

in Koinos • 4 years ago (edited)

Very interesting!
Some familiar faces here :)
Will need to read this a few more times to grasp the concept.

Few questions:

  • What type of apps will the blockchain support? Or is it a general purpose blockchain like eth and eos?
  • is the mining possible now or starting from Oct 13?
  • Free unlimited accounts? But they will need some stake, rc like to do something?

Wish you all the best!

4 years ago in Koinos by
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     4 years ago (edited) 

    Hello dalz!

    • The blockchain will be general purpose.
    • The Koinos Miner is available for download now at: https://github.com/open-orchard/koinos-gui-miner/releases, the mining will begin October 13th, 1PM EST.
    • Yes, users will be able to create unlimited accounts for free and allow them to transact by delegating mana or specifying that the contract will absorb the mana cost (similar to the RC system on Hive). The exact details of how this will work are still under development and subject to change.
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     4 years ago  

    Thanks!

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