...where did you hear this?

+1

I wanted to ask the community for feedback/input on some of our options.  Proof of Stake has been brought up a few times in the thread.  I've been watching Saturncoin closely as they are doing a migration to a Proof of Stake blockchain.  I am curious to see how it works out in the end with the exchanges etc.  But this is one option we can consider, to create a PoS version of Particle and do a coin swap in the way that they are doing it.  I have shied away from it because it seemed problematic, but if they are able to do it smoothly than maybe this is something we could consider?  What if we created it with a smaller money supply and did something essentially like a reverse stock split, and did the swap out at a 10:1 ratio or something similar?

Thoughts?

One of the things I really like about Particle is that it is a very fast currency, you can move PRT around with great speed which makes it convenient, so I want to do some testing/investigation with Proof of Stake to see if that speed can be maintained.

One of the challenges with the multipool is if people dump their payouts regularly, it somewhat defeats the purpose of the pool and the buy support.  So, I'd like to continue considering all of our other options to keep pushing PRT forward.  The development activity behind the scenes will continue obviously, but some of those developments take time to get to release.  In the meantime maybe there are some other things we can also do.

We are starting to pick up traction on Twitter and social media, so that is a great sign.  One step at a time....

dev though u might misunderstand, to be clear the limit is not implemented yet
and theres no limit on how much you can hold in your wallet.  the 10k limit was meant to be for the amount that can be staked i think but no coin has this feature yet. and even if it were implemented in future most people would break that up so they get multiple stakes and support the network better.

 If you already sent 10k to your wallet and intend to hold, then in 3 days it will stake, after that you will 2 separate amounts/inputs of 5k which will stake again in 3 days if u leave or open your wallet then. after this 4 x 2.5k separate inputs waiting to be generate more stake in another 3 days time.  If it gets too small you might want sweep to another account in a few months, otherwise they all help keep the network fast and regular.

it also compounds with the interest you get for stake so you get more cinni over time vs opening every 100 days to claim the max.

I emailed the multipool dev and he said payouts will be once a day, around 8PM Central Standard Time for now. Might change later.

This is what is coming for the exchange.  This screenshot is from me mocking up the chart layout.  Those are wired up now.  I cleaned it up a little and desaturated some of the colors more.  For staring at the screen trading all night   I took some inspiration from bitcoinwisdom for the trading interface.



Particle of course will feature prominently on the exchange.  The system architecture is really cool.  The backend is a decentralized/distributed architecture running on very similar core technology as MaidSafe.  This is not one of those one page PHP exchange scripts with hot wallets on the web server   This is a multi-tier message oriented architecture designed for scalability and to handle high volume.  The trade engine is built on similar architecture as the LMAX principle - high performance single threaded trade processor, avoids race conditions and locking issues.

This has features that will appeal to pro traders.  Stop loss / Take Profit, range orders (e.g. I want to buy 1,000,000 particles on the PRT/BTC market from .00000200 to .00000300 spread at 5 satoshi intervals), price alerts, etc.

I will have this code complete today, then time for more testing and tweaking and build the live infrastructure.

Thought I would post a screenshot so you can see that this stuff is real and not just fluff.  Its real.  Its coming very soon.  This is the first time anyone in the public is seeing this.  I have partnered up with a big name in the business.

You'll see how this ties in to Particle when I release the monthly investors guide.