There are some small updates coming from the SuperCoin community. Nothing groundbreaking, but still important facts if you are involved in SuperCoin in any way. Their Proof-of-Work phase is almost over, and they have been added to MintPal!
From the information we can gather at this point, it is a matter of mere hours before SuperCoin’s Proof-of-Work phase is over. After that, SuperCoin will become completely Proof-of=Stake, and holders will earn 100% stake interest during year one .
Giving the fact users can double their amount of coins during the Proof-of-Stake phase, it will be interesting to see how many people will actually stake their coins. The big number is quite tempting, but the other SuperCoin announcement might shake things up a bit.
As most of you know by now, SuperCoin has been added to the MintPal exchange. As a result, the value of SuperCoin has gone up by roughly 55% over the past 24 hours. As mining will come to an end soon, we might see a big dump before the price continues to rise.
Then again, with the incentive of earning 100% stake on your coins by holding them in your wallet, we might not see the big sell-off most of us are expecting. And with nearly 1,000 Bitcoin in trading volume over the past 24 hours, you never know what will happen.
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