@szenekonzept Close, it is "his work(project), that is funding the tokens is central (by nature)"  Those decentralized tokens represent revenues that might come from a centralized project in the field of decentralized crypto currencies  @Buy$Polar Those tokens value is backed with only one thing, rofo's work. If someone will manage to buy 100% of the coins - he will basically have to wait for rofo to buy them all from him, so the new holder won't be in charge of the project - he will just be in charge of all of its tokens. It is similar to entering a small casino and buying all their casino jetons include from the existing players, it will just mean the casino now have to pay for 1 big holder instead of many small holders, the value of those tokens is still backed by the casino - not by the holder edit: and of course that holder is not a share holder of the casino now, he just own their tokens which represent something (fixed value in this example). ah, somehow another small step to my own enlightenment thanks for the insight Matthias . |
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It is much simpler, I am not talking about centralization forced by being depended on the dev(s) like any other crypto coin, those coins are still decentralized as far as much I concern.
Those decentralized projects like noble coin, can be taken over by anyone - if the majority will agree on a new chain it will become the new ledger of noblecoin - classic decentralization - the majority wins.
This is not the case here, no one can take over on anything because those decentralized tokens of noxt worth nothing without rofo's work, actually it is agreed the cycle of noxt will end when rofo will finish to buy all noxt tokens back and own 100% of them - so basically those tokens represent the work of jason in the crypto currency field, this is why it was so easy for him to make changes dynamically when needed, he is the only one who need to agree to such changes - it is 100% his project.
Newbie Question? It seems to me , your example is if the majority can redirect the chain , it is a decentralized project. What if someone beside Rofo purchased all of the Noxt Tokens and kept them, would that not put them in charge of Noxt instead of Rofo, especially if they started their own separate app. And in your example make it decentralized. Or are you saying Rofo can control the Noxt token no matter who buys it.Thanks. As i understand it. (But i am not that good in understanding assets) You don't "control the Token" you control the money and that would mean if you buy all tokens everybody, who sold it, says thanks for funding me ... and thats it, its about funding somebody. anybody please correct me if i am wrong Matthias . |
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It is much simpler, I am not talking about centralization forced by being depended on the dev(s) like any other crypto coin, those coins are still decentralized as far as much I concern.
Those decentralized projects like noble coin, can be taken over by anyone - if the majority will agree on a new chain it will become the new ledger of noblecoin - classic decentralization - the majority wins.
This is not the case here, no one can take over on anything because those decentralized tokens of noxt worth nothing without rofo's work, actually it is agreed the cycle of noxt will end when rofo will finish to buy all noxt tokens back and own 100% of them - so basically those tokens represent the work of jason in the crypto currency field, this is why it was so easy for him to make changes dynamically when needed, he is the only one who need to agree to such changes - it is 100% his project.
you see the line "I am crowd funding..." in the op? it is not a decentralized project being led by 1 dev, it is 1 dev running a project under his name, those tokens should represent his future earnings from the crypto field in case he will have any (I know there is no guarantee for success or any return like I mentioned few times).
fully agree the tokens, that are funding his work are central (by nature) the coins are "technical" decentral and could prove decentral "as a society", when needed. i think we mean the same correct? |
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| FRESH UPDATES FROM OUR PARTNER
NobleXT ("Rofo")
and a great discussion over Decentralization HERE
have fun
Matthias
Europecoin trade is here:
and here:
BITTREX
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You are confusing noxt token which is decentralized with noxt project which is centralized...
edit: please don't put words in my mouth, I just said noxt is not a decentralized projecto
i think pikuchato means the governance of the project. Lets ASSUME Rofo would never appear again. It would have a very hight chance to die in the current stage (its about the stage of a project, its about the mind of an exiting community, NOT about a founding gap). And pikuchato is correct in my view, same is for 98% of all projects here on bitcointalk including my own, Europecoin in the beginning but there jumped many in in and it COULD survive if I would vanish, but the chance would be not too high either. But thats it, decentralisation at the social layer is a PROCESS, not a property. Nearly ALL Projects are one Person has a initial Idea/Plan/Vision, may share it and then others follow, Thats not a decentratizized strukture eben when the Project is building an TECHNICAL decentralized system that COULD get SOCIALY decentral over time. (like happened to Bitcoin) This is not eval, but it is how things start - even bitcoin. Did you realize how strange it is, that coins, left by their maintainer normally die? (Beware: IRONIC SATIRE ATTEMPT) Well a vanished developer is a bad thing, we had this in Btrcoin we don't want to have that again ... lol from perspective from todays people, even (spoiler: blaspheme attempt) Sathoshi Nakamoto could get named scammer. (dont even dare to put THESE words into my mouth: its an example) in my first paper on the ERC takeover i wrote my opinion, that the biggest gap, we will have to fill, is the decentralization of our minds, how we think, function and govern (or not govern) as a society. This (great) discussion here, draws the full picture of what i meant with that. By the way, great to heart from you Rofo, PM me if you need help with your hosting. have fun Matthias . |
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its very hard accumulate ERC now
but how it will be after new wallet release
even if only 50% of the announcements matthias make are true......
additional POS based inflation will be much lower
which also means POS based income
now add 1+1
True words, thank you very much !!
Despite from (for nearly one man shows typical) moderate time lags,
the estimated announcements, that tend to be true
are approximately .... lets say ...
100%as known by experienced
Europecoin members
have fun
watch out 
Matthias
.Europecoin trade is here:
and here:
BITTREX
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Wise words from excellent developer.
Thank you for the kind words.
the flowers named "excellent developer" are belonging to this guy:
https://bitcointalk.org/index.php?topic=901605.msg13139670#msg13139670
he is the fabulous brain behind everything since V2 :-)
so lucky he joined
b.t.w. nice to see you here Vegas, thank you for the recommendation.
Its a great honor to see so many core community members expressing their trust,
its a source of motivation
have fun
Matthias
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empoex! Where are you?  Really shameless, just crazy to think there are enough left, to trust them as an exchange. Whats going on in those minds, is it arrogance, stupidity or some ADHD syndrome? (Advanced Decentralized Hilarious Decadence) . |
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As we grow we are continuously focusing on better planned, better targeted projects, more informative announcements and
carefully chosen partners like the Diamond Foundation, Noble Suite, Uberpay/Geopay, CointoPay and so many more.
thx for all matthias! a man open minded and honest never forget who was walking side by side with him in the early days i think i see a future with you!
being able to accept different mindsets is a path
to find out, about the similaritys.
Diamond Foundation has shown that ability in difficult
times, a real partner to support.
Visions first, is the path to success.
a smile from here
Matthias
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and now lets estimate my first name is not albert Well, there's a non-null probability that the second name might be Onestone in German... 
NO EINSTEIN? NO PROBLEM!yes we are aware that there will have to be some better way to explain the calculation,
or even better, some kind of tool, to do it for you. Our to-do list is full of future improvements and
will be rolled out, as quick, as you would expect from any EUROPECOIN/STAISYBIT project.
Our power is growing faster than we ourself have ever expected,
mainly because our network of partnerships is exploding, (thank you to everybody)
some promising cooperation's will be announced very soon,
expect even more big things to happen.
And these estimates are not epic, they are conservative ...
As we grow we are continuously focusing on better planned, better targeted projects, more informative announcements and
carefully chosen partners like Diamond Foundation, Noble Suite, Uberpay/Geopay, CointoPay and so many more.
..... and even more fun!
Always be EPIC !! Always OVERDELIVER !!
Yes and THAT's fun!
Matthias Europecoin trade is here:
and here:
BITTREX
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today adding:FuelCoin , CapriCoin, PeerCoin
BlackCoin, EnergyCoin and Bitz are almost synced
have fun
Matthias
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Hi Matthias,
How are the shares calculated in Staisybit?
Currently there are ~39BTC in Europecoin in Staisybit. If I have 4BTC worth of ERC in Staisybit does it mean that I have a 10% share in the staking?
Tks
Hi. Please post this question in Staisybit thread too, i will copy/paste the reply there. This will help others with same question. Thank you. Let me explain with an example: - Assumptions: usernames are "A" and "B", now is time "t", cash flows are indicated with "cf", balance is indicated with "b"Assuming to have:| User | | cash flow time | | cash flow amount | | cash flow name | | weight | | A | | t-4 | | 100 | | cf_1 | | W_A_1 | | A | | t-3 | | 100 | | cf_2 | | W_A_2 | | A | | t-2 | | -50 | | cf_3 | | W_A_3 | | A | | t-1 | | 50 | | cf_4 | | W_A_4 | | A | | t | | 100 | | cf_5 | | W_A_5 |
| | | User | | cash flow time | | cash flow amount | | cash flow name | | weight | | B | | t-4 | | 100 | | cf_1 | | W_B_1 | | B | | t-3 | | 100 | | cf_2 | | W_B_2 | | B | | t-2 | | -50 | | cf_3 | | W_B_3 | | B | | t-1 | | 50 | | cf_4 | | W_B_4 | | B | | t | | 100 | | cf_5 | | W_B_5 |
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Then, at time "t" (now), i'd calc the shares as follow: - User A: - current balance(b1) = cf_1 then => weight for the 1st period (W_A_1) is: b_1 * [(t-3) - (t-4)]
- current balance(b2) = cf_2 + b1 then => weight for the 2nd period (W_A_2) is: b_2 * [(t-2) - (t-3)]
- current balance(b3) = cf_3 + b2 then => weight for the 3rd period (W_A_3) is: b_3 * [(t-1) - (t-2)]
- current balance(b4) = cf_4 + b3 then => weight for the 4th period (W_A_4) is: b_4 * [(t) - (t-1)]
- User B: the same as user A Then: - User A weight: W_A_1 + W_A_2 + W_A_3 + W_A_4 = W_A_T
- User B weight: W_B_1 + W_B_2 + W_B_3 + W_B_4 = W_B_T
- Total Weight of "Staisybit": W_A_T + W_B_T = W_T
Now... the shares: - User A: W_A_T / W_T * 100
- User B: W_B_T / W_T * 100
The math above is able to take into consideration not just the deposits, but also the withdrawals, and always considering the time you kept a certain balance in our system too; we give importance to the time because, as you know, time matter in PoS coins under the name of "weight" or "coinage". Recently, an user raised a problem of this system: Problem: if an user deposit large amounts and keep them there for long time, small users won't have enough weight to even get 0.01% of the shares. Solution: users whom have more than 20% of total Staisybit funds for a certain coin, will see the weight of the time decrease slowly within 365 days. What does this mean? This mean that i created a function that decrease the weight of the time until 0.4% in 365 days. In other words, users with very high % of funds will end up having their weight calculated almost only by their funds, no matter the time, in 365 days. I know it's a bit hard to explain on the paper, feel free to ask more if something is not clear. thank you very much, staisy have fun Matthias . |
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Hi Matthias,
How are the shares calculated in Staisybit?
Currently there are ~39BTC in Europecoin in Staisybit. If I have 4BTC worth of ERC in Staisybit does it mean that I have a 10% share in the staking?
Tks
i would ask that question in staisybit thread answer is of relevance for all staisybit users not only ERC https://bitcointalk.org/index.php?topic=1091402.0but of course i'll give you an answer, give me a few hours, untill i am back home have fun Matthias . |
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God - I love this thread - such entertainment and at no charge!
hehe Woody you are the best! I love to make your day,
or at least the breakfast, my friend
having so much fun too
Matthias . |
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Hey Fans,
<------------------------------
Did someone see my avatar? I am ready for ETA like a gentleman!
LEEAAAK!!!Europecoin Wallet in Cloudstaking Mode soooo fun!
Matthias Europecoin trade is here:
and here:
BITTREX
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do we have a ETA for new wallet the best prove that this team will deliver is to deliver people wasted the chance get cheap ERC will be sorry then but thats how it works some have the instinct some trust in the instinct of others and some just wait until its to late for the big early adopter join in chance 
yes there is an ETA its nine days from now
... but don't kill me if its earlier have fun
Matthias. |
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