Author Topic: DPOS - does your vote expire?  (Read 568 times)

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Offline cryptillionaire

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DPOS - does your vote expire?
« on: September 27, 2014, 09:35:49 pm »
So in order for my vote to count, I need to send a transaction to myself (the entire balance?), but does the value of that vote go down every several thousand blocks, or is it permenant?
Is it permenant, but the 5% inactivity fee will be introduced to try to keep people from forgetting about btsx?

I think it makes sense to make your vote worth less slowly in increments the longer you don't transfer those coins.. I suppose it's kinda like how reddcoin is introducing velocity into posv, but instead of to encourage an active economy, to encourage an active democracy/election process for dpos? I wouldn't lose any coins apart from the 5% if i'm inactive for a year..