I went to the site. I would like to get acquainted with technical information, see the faces of developers, but did not find this information.
Here's the github https://github.com/CryptoUnited-Clients/trancecoinThis is currently a small project, but we've partnered with a few development teams. What this means is there's not a concrete 'team' but rather it's a 'group of developers' working on each others projects to facilitate the continuity of service by sharing the talents we have with each other. Trancecoin is being run like an oldschool pre-2014 coin as we've been in the industry long enough to have many different coins under our belt. We are not seeking funding nor will we tell someone to sell or buy ANYTHING. If you purchase coins off the open market- that is your decision, and by trading trancecoin you are acknowledging that you understand the risks associated with fintech & blockchain technology. There will only be updates posted as they happen, and we will NOT release a Roadmap as we understand 'anything' can happen or change at a moments notice. Making promises or wild claims only leads to failure, and Trancecoin will not be subject to these seemingly sector-wide shortcomings. |
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can you explain a bit, how the fork is going to happen? are you going to increase the supply? every coin holder will receive the same amount of coins he has today?
No decisions have been made at this time, and we can't describe the details because we haven't decided on anything. The coin will stay as it is until we conduct some market research on the 'pros & cons' of any 'proposed' change. Currently, we are working with another development team (on the other side of the globe) to help strengthen alliances, and to 'potentially' network the trancecoin project with other professionals in the industry. We value the connections we have established within the industry, and we are currently putting in the man-hours to foster a working relationship with their company. Upon completion of their current industry needs; we hope that they offer us additional insight on the 'potential' future code changes for the trancecoin project, and a working 'limited' partnership with our parent companies. Many older crypto coiners have not yet made the transition from 'coiner' to 'professional,' but we are putting in the effort to establish ourselves within the blossoming blockchain industry. We thank everyone for their continued support, and remember- Eat, Sleep, TRANCE repeat! |
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We're considering making updates to the coin in the future. This would take a fork and working along-side coinexchange.io to ensure a smooth transition.
What are some of the features that everyone would like included?
We've been asked to include Masternodes and enabling the PoW in a potential update, but we haven't made any final decision at this point in time.
So, we ask the community- what would you like to see added or removed in a potential update?
Have a good one folks & Eat, Sleep, Trance repeat!
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Looking at fixing the ann atm-
However, we are looking into streaming radio- and a potential stand-alone platform in the future.
Our team simply purchased the tokens off the exchange, and we're attempting to breathe some new life into the coin. We're not looking to make wild claims or promises of moon; we are attempting to get the coin back to a basic function (be, exchanges, wallets and such).
There's no concrete roadmap at this time as we are still gathering team members to help work on the coin.
Invest at your own risk!
Eat, Sleep, Trance repeat...
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The Trance Project is not a currency and should not be construed as one. Trance is a tradable P2P token that can be acquired on exchanges; 'minted;' or given away for free by those who hold TRANCE tokens. The TRANCE team does not recommend that you buy or sell TRANCE. We do recommend is that you follow all applicable local laws where you live before doing so. In the future we will be removing all references of the word "Coin" and its association from our branding. "Trancecoin" was a creation of the original developer, and as the new development team- we want to decouple this project from the 'currency (coin)' terminology. Thank you for your understanding Trance is a Proof of Work / Proof of Stake based blockchain project created
by and for the lovers of Trance/EDM Music and the culture of decentralization. Algo - Scrypt PoW/PoS
Last PoW - 10000
64s Block Time
Dif change Target - 1 Block
Tx confs - 20 blocks
Pos - 35% per year
Tot Coins - Unlimited (until forked)
Rpc Port - 12502
Block Reward - 100 Trancecoin $TRANCE POW phase is over, and is no longer mineable.
Coins can only be attained via Exchanges or Staking. 32bit 64bit 32/64bit Updates to be determined. Update 03.31.2018 - Working on the UX/UI prototype demo. This mock up was created with Adobe Experience. Update 05.01.2018 - We've partnered with Flavorcoin Radio to provide streaming services in the future. Update 05.01.2018 - We've partnered with CryptoCoderz to provide blockchain programming, and service(s) continuity in the future. |
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Watching an waiting as trading gets better on bittrex. Something is going on!
Small bag =)
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Sorry that development been slow this past week; have been working with my CPA (accountant) to get my taxes prepared & all finances in order. Being legitimate takes much more effort than being unscrupulous.
Have a great weekend folks, and I hope to get the new announcement planned out next week!
Eat, Sleep, Trance repeat!
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Thank you for the praise on the site. It's something basic, and wish that I was a little more skillful- it would have been better. Will continue to update it as needed.
Our web guy has the basic layout going on a more feature-rich site, and I kind of copied his basic design (the current site isn't all me).
Thank you for all your support, and we will continue to make Trancecoin a better coin than when we found it. It wasn't our coin to begin with, but we hope to make it a good coin regardless!
Eat, Sleep, Trance repeat!
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We're working on a proper website before any major announcements, but we have a temp website up for now. https://www.trancecoin.com/ We have established a partnership with another coin development team, and will make the announcements once the preparations have been made. Eat, Sleep, Trance repeat! |
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Did I see Greg Griffith from ECC on github? Is he helping with trancecoin development? If yes, this is huge, I like ECC and their business attitude. Let's tranceoin flow! Griff has helped us out a lot, but he's only human- so, we are patiently waiting for when he has free time to compile the remaining wallets. The Apple wallet will likely be compiled by another developer, and we are very thankful for their help as well. Trancecoin is in good hands, and like all things- quality takes time. =) We will keep everyone updated! Good luck Everyone! Eat, Sleep, Trance repeat! |
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Still working on the project, and apologize for lagging behind.
Had a few rough days during the crypto and securities corrections. It's hard watching 75% of your portfolio(s) value get erased.
However, we are back in the driver's seat & ready to go. We seen a few issues after updating some graphics in the newest wallet build, and needed to correct them before release. The website is coming along nicely, and we are attempting to get everything up and running before creating the new ann & promotions.
We are not able to give any specific dates when this will all be accomplised, but we are working in the right direction.
Thank you all for your support and understanding!
Eat, Sleep, Trance repeat.
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this is the idea- we softcap the coin, and have it with a diminishing block reward so that the pos phase continues to pay out a smaller amount until we reach the soft cap.
at the soft cap it would only mint a few coins just to cover the coins functionality
the more I think about this.. the more I see that none of the coins will actually work
With Bitcoin, it's only a PoW.. if the block reward is less that the cost of operation then people will no longer mine it. A pow requires miners to process transactions
a pos relies on wallets (clients) running to process the transactions
but if you cap a coin- then the pos doesn't really matter
starting to get the funny feeling that all cryptocurrency has been set up to fail from the beginning
We would like the input from the community about how you would like to see Trancecoin progress
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DISCLOSURE Since the Previous user asked, and we wanted to find out for sure.
We asked the coder about a soft/hard cap and if there were any diminishing block reward
It looks like the original developer DID NOT HARD CAP, and they didn't code in a Diminishing block reward
We WILL have to fork the coin in the future to put in this soft cap. We are sorry for any confusion this may have caused, and we're actively looking at our options.
This is one of the potential hazards of working on old coins- sometimes you have to get other people to dig with you before we can truly know what we have.
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Working on some errors with the updated wallet ( this update is cosmetic changes only; for the purpose of rebranding).  |
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