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MYRIAD MAZE - Official Announcement - Multiplayer Dungeon Crawler
Customize and Upgrade Avatar
Find Ancient Memory Cards
Create Powerful Orbs
Map Devious Mazes
Discover Great Treasures
Earn Myriadcoin
Q: What is special about Myriad Maze?A: Myriad Maze will use Glitter as an unit of barter within the game. Every Glitter will be fully backed (and redeemable) by one Myriadcoin (XMY). Q: Why use a proof of work crypto coin as the backbone for an in game economy?A: I wanted a direct economic link with real value. Not a token with artificial (and unsustainable) values set by the founder. I believe this was the original intention of cryptocurrency. Glitter will be fully backed by Myriadcoin. Q: Why use Myriadcoin and not some other proof of work coin?A: Myriadcoin was fairly mined using five different algorithms, and has been in existence for over 8 years. It's low market cap and strong fundamentals allows a huge upside for growth. Q: What is the difference between Myriadcoin and Glitter?A: While every Glitter is back by one Myriadcoin, making them equal in value, there is one major difference. Glitter is primarily a game cosmetic that can be used to buy cosmetic enhancements for your avatar or bartered with other players. This makes Glitter technically a commodity, while Myriadcoin is technically a cryptocurrency. Q: Is Myriad Maze a Play-to-Earn game?A: Myriad Maze is primarily meant to be played for fun and challenge. I believe this should always be the first goal of any game designer. However, I also believe that integrating real economic value can greatly enhance play. There needs to be synergism between people playing for just fun, people trying to earn money, and people that just like the thrill of trading or flipping valuable items. Q: How do I convert Glitter to Myriadcoin?A: There will be an in game system that allows you to directly sell Glitter for Myriadcoin. Simply paste your Myriadcoin address, enter the amount of Glitter you wish to sell. Confirm and you will receive the Myriadcoin. For small values, this will be instant. Larger values might require some oversight to prevent problems though. Q: Will one Glitter always be worth one Myriadcoin?A: Yes. While I expect Myriad Maze to have some income, I also have a huge reserve of Myriadcoin as backup. Q: When will Myriad Maze be released?A: Myriad Maze will be released as Alpha in early 2023. This will just be the maze part of the game with some Glitter to find (that can be immediately redeemed for Myriadcoin) and is mainly to test my server code. Later in 2023, after server testing, I plan to release a Beta version that will implement the full game system where you will be able to sell Glitter, but not buy it. Full version should be ready by 2024 where you can exchange Glitter with Myriadcoin in a one to one ratio. Q: Will this affect the price of Myriadcoin?A: I hope so. As of today (Dec 22, 2022), the price of Myriadcoin is below $0.0001 on Bittrex. In other words, you can buy over 10,000 XMY for a single dollar. Market cap is less than $200,000. There are crypto coins with zero utility and zero use with market caps of several million dollars. At one point Myriadcoin had a market cap of nearly $100,000,000 or 500 times today. I wish to demonstrate that real utility can lead to real value even exceeding it's previous market cap. Note that this is not meant to be an investment (or investment advice), but to be a social experiment in the economic value of real utility. |
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Myriad Maze - Official Announcement - Multiplayer Dungeon Crawler
Customize and Upgrade Avatar
Find Ancient Memory Cards
Create Powerful Orbs
Map Devious Mazes
Discover Great Treasures
Earn Myriadcoin
Q: What is special about Myriad Maze?A: Myriad Maze will use Glitter as an unit of barter within the game. Every Glitter will be fully backed (and redeemable) by one Myriadcoin (XMY). Q: Why use a proof of work crypto coin as the backbone for an in game economy?A: I wanted a direct economic link with real value. Not a token with artificial (and unsustainable) values set by the founder. I believe this was the original intention of cryptocurrency. Glitter will be fully backed by Myriadcoin. Q: Why use Myriadcoin and not some other proof of work coin?A: Myriadcoin was fairly mined using five different algorithms, and has been in existence for over 8 years. It's low market cap and strong fundamentals allows a huge upside for growth. Q: What is the difference between Myriadcoin and Glitter?A: While every Glitter is back by one Myriadcoin, making them equal in value, there is one major difference. Glitter is primarily a game cosmetic that can be used to buy cosmetic enhancements for your avatar or bartered with other players. This makes Glitter technically a commodity, while Myriadcoin is technically a cryptocurrency. Q: Is Myriad Maze a Play-to-Earn game?A: Myriad Maze is primarily meant to be played for fun and challenge. I believe this should always be the first goal of any game designer. However, I also believe that integrating real economic value can greatly enhance play. There needs to be synergism between people playing for just fun, people trying to earn money, and people that just like the thrill of trading or flipping valuable items. Q: How do I convert Glitter to Myriadcoin?A: There will be an in game system that allows you to directly sell Glitter for Myriadcoin. Simply paste your Myriadcoin address, enter the amount of Glitter you wish to sell. Confirm and you will receive the Myriadcoin. For small values, this will be instant. Larger values might require some oversight to prevent problems though. Q: Will one Glitter always be worth one Myriadcoin?A: Yes. While I expect Myriad Maze to have some income, I also have a huge reserve of Myriadcoin as backup. Q: When will Myriad Maze be released?A: Myriad Maze will be released as Alpha in early 2023. This will just be the maze part of the game with some Glitter to find (that can be immediately redeemed for Myriadcoin) and is mainly to test my server code. Later in 2023, after server testing, I plan to release a Beta version that will implement the full game system where you will be able to sell Glitter, but not buy it. Full version should be ready by 2024 where you can exchange Glitter with Myriadcoin in a one to one ratio. Q: Will this affect the price of Myriadcoin?A: I hope so. As of today (Dec 22, 2022), the price of Myriadcoin is below $0.0001 on Bittrex. In other words, you can buy over 10,000 XMY for a single dollar. Market cap is less than $200,000. There are crypto coins with zero utility and zero use with market caps of several million dollars. At one point Myriadcoin had a market cap of nearly $100,000,000 or 500 times today. I wish to demonstrate that real utility can lead to real value even exceeding it's previous market cap. Note that this is not meant to be an investment (or investment advice), but to be a social experiment in the economic value of real utility. |
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I am doing some marketing for a MMORPG that will be using a small cap POW cryptocurrency as a basis for it's economy.
I have been looking for other MMORPGs that also use cryptocurrency as their main unit of exchange. There are hundreds that use tokens, some that use crypto for Pay2Win stuff, but so far I have found none that allow you to sell loot to other players for POW mined crypto.
If anyone is aware of any, please let me know.
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There seems to be a lot of technical problems with increasing the block size in Bitcoin, so I was wondering, could we recalibrate the formula for difficulty so that blocks would be generated faster? This would increase tx throughput while keeping blocks the same size.
This could be done one of two ways.
(1) Keep the block reward the same. Disadvantage of course is that coins would be mined faster reaching the 21 million point much sooner. Advantage would be compatible with previous versions that could mine on this chain. Personally against this version of the idea as I think it would cause a short term drop in prices with decreased future security.
(2) Decrease the mining reward by an inverse proportion to the decrease in difficulty. So if we re-calibrated the mining to be twice as fast, we would cut the coin reward to one half. Currently, this would 6.25 Bitcoins generated every 5 minutes if we doubled the speed.
We could even implement this slowly by not reducing difficulty downwards and keep it the same till blocks are being generated every 5 minutes (or the desired rate).
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I have two basic ideas for fixing the bottleneck civil war being fought at Bitcoin over speeding up the # of blocks created per day and creating a new altcoin. Any of these would work: - Simply modify the code to lower the difficulty so that a block is created on the average of 2.5 minutes. If we kept the blocksize the same, then we would increase throughput by four fold. The one disadvantage would be that coin generation would speed up and the halving rate would be every year. We could decrease the number of coins generated to a quarter of current rate, so that the same number of coins would be generated over the same amount of time. The other big advantage is that this would be very easy code changes to make. I would alter version 0x20000000 for this.
- Increase mining options like Myriadcoin does. If we had five different mining options, we could keep HSH256 difficulty the same while setting the other mining variations to a difficulty based on a ten minute average time. This would increase tx speed by five fold while also increasing decentralization. The disadvantage of this idea is that it would require more code changes (beyond my ability to do safely).
This would need a very small change in code. Just a change in the difficulty formula. If we kept the number of coins generated the same, it would greatly speed up the mining rate, but it would actually be a soft fork, since it would be compatible with previous versions of Bitcoin. We could decrease the number of coins generated. For instance, if we produced blocks four times as fast, we should decrease the mining reward by a factor of four. Creating an altcoin that is a fork of Bitcoin would prevent the premine/instamine/secretmine that seems to be the bane of many altcoins. Would any of you support any of these two ideas? If so, which one would you prefer? If we went with the first idea, can you think of any problems with altering version 0x20000000. |
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So far I have only found 2: Litecoin, Myriadcoin Dogecoin gets an honorable mention as they had a working one in the past, but currently there are no servers supporting it. That would certainly be easy to rectify. Please post any that I have missed  |
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Anyway when I noticed Stellar near the top of the altcoins, I was remembered seeing an entry in my KeePass for it. Sure enough, there was an entry from 2014 with a private key. 9000 Lumens to be exact.
Anyway, I sold half of them at 900 and put a sell order for the other half at 1800 satoshis. It was filled the next day. Felt stupid when I saw it reached around 5000 satoshis. Meant to leave a thousand lumen behind. But oh well, maybe I will buy a bunch back in a few months after the inevitable crash that always seems to happen at some point.
It is just all play money on Polo at this point.
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I am trying to learn network marketing and I want to try giving away TheBillionCoin as a gimmick.
I know these are a ponzi coin, with no real buy/sell exchange. There were 500 million on the premine alone.
Anyway, willing to pay a U.S. penny each for a bunch of them or just make me an offer.
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I started buying bitcoins back in summer of 2013. I was so excited by this new technology and when the price shot up in November, my excitement became contagious. My brother bought a bitcoin for $1000 from me, my mother asked me to buy her one too also at $1000, my niece bought a tenth for $100, my boss bought a few from coinbase, a co-worker bought a few dozen or so until the price dropped to $800. He died about a year later and his family threw away his computer. So those were all lost.
I continued buying in 2014 and then spent a bunch early this year to take care of some things. Anyway, I went over my buys & sales, and discovered that my remaining couple dozen bitcoins cost me around $500 each, despite my use of cost averaging. And I know I did much better than all the people that I know who started buying later than me.
Now I am ashamed to even mention Bitcoin. Everyone I know has lost money and a lot of it. If they ask me about it, I refuse to talk about Bitcoin.
Don't get me wrong, I still love the concept. I am sure the technology will take off in a decade or two. I even use it to send money overseas (using bitpesa) and to fill phones (using bitrefill) all the time.
Anyway, just curious to hear how you all deal with the bitcoin shame from friends & family.
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Hi, I have been selling bitcoins on Ebay for a while using PayPal as a payment method. I wish to try and sell here too.
In order to minimize fraud and chargebacks, I have a 7 day waiting period before sending your bitcoins.
Minimum purchase is 0.1 BTC ($25)
Maximum purchase per person is 4.0 BTC ($1000) per month (state law here)
If you are interested, please send a personal message to get my PayPal handle.
Edit: 7 days (5 business days)
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My wife and I were robbed in broad daylight by a pair of motorcycle thugs. I struggled against one for about 10 seconds, and even though there were about 30 people around us, nobody helped.
There faces were wrapped with rags and they wore nondescript green vests. As they drove off with my wife's bag, I tried to get as many details about the motorcycle as I could. I noticed that it was a fairly large cycle by Nairobi standards (600 to 750 cc size), extremely quiet muffler, probably automatic transmission & four cycle engine from the sound.
I generally feel safe being in third world countries by the simple virtue that I own practically nothing. I walk around in Levis and a tshirt. I have a cheap $10 watch and I rarely even wear that outside. I am in excellent health and have no problem with resorting to violence to protect myself. My most valuable material possession is a Dell D430 laptop with a 32 GB SSD drive. My second most valuable possession is a pair of cheap Nike shoes that are over a year old.
My wife lost her Android phone ($100) and her small netbook (around $150). These are tools that she uses for work and makes her much more productive in her job (which pays about $200 per month). She lost basically everything of value that she owned.
What really bothered me about that robbery was the opulent display of wealth by these thugs. That motorcycle was worth at least $2-3k and probably closer to $5000. They had the wealth to invest in a major resource to make it safer for themselves to steal from poor people. Their M.O. was smooth and practiced. I doubt they will ever be caught.
As a libertarian, it got me to wondering...is this why some people hate the rich so much?
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Anyone notice that the 1wMACD lost it's downward momentum but never turned green? Instead it is doing a double downward momentum. These 1wMACD cycles take several months to change direction. Could we be seeing $233 bitcoins?
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I believe that we will be seeing an economic collapse by the year 2020 for reasons totally unrelated to cryptocurrencies. By then Bitcoin will have grown quite a bit and be much more noticable in the economic community. A lot of smart people will be making a lot of money, while those who weren't so careful will be seeing their dollars rapidly losing value.
People with large pensions, large bond holders, and/or large fiat assets will not be very happy. They will be in denial about the value of Bitcoin technology or so jealous and hateful about early adopters that they refuse to invest or hedge in cryptocurrency.
There will then come a point where government programs like pensions, social security, welfare, and food stamps become next to worthless. When the food stamps meant for a family of four for an entire month will only buy enough food for a single day for one person. When people who come from several generations of welfare and who have never worked a day in their lives suddenly see the gravy train end. When governments and courts discover that the cost of extracting people's private and hidden bitcoins start exceeding their value. When the rich discover a perfect way to hide wealth that can be easily sent or carried across borders. All sorts of social contracts that were supported by the threat of government violence will start to unravel.
It is at this point some politician could say "We had everything under control, but Bitcoin destroyed the economy. Blame them for your troubles".
There could be a huge backlash. I have no doubt that cryptocurrencies will survive, but I wonder if we might be seeing the biggest civil war ever imagined. It won't be region vs. region, but bitcoin_rich vs. bitcoin_poor.
Despite all of this, I am still optimistic. There will be islands of sanity around the world. 3rd world countries where everyone is use to hustling to survive will probably not see any backlash. Bitcoin will be mostly a positive for them and adopted more slowly. I think it will be countries with a lot of welfare and excessive government that will be the worse affected.
I am ready to disappear into another country for a while if necessary.
So how many of you think that cryptotechnology will be blamed if we have an economic collapse?
Do you have plans if it does and things get ugly?
Are your passports up to date?
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I sell stuff online, which means I have to use PayPal & Ebay.
In the past, Ebay would charge me a fee at the end of the month and charge my PayPal account. Sometimes there wouldn't be enough money in PayPal, so I would just pay the Ebay invoice with a debit card the next time I logged in and saw it.
For the first time ever, I saw a negative balance in my PayPal account. PayPal also showed that it was processing an echeck, something that I have never seen before either.
Anyway, I set up a small transfer from my bank to PayPal to cover the amount.
It was this morning that I discovered that PayPal had directly charged an old bank account for the "overdraft" from ebay. I thought 'strange, I never enabled a backup payment method for PayPal, maybe I turned something on by accident'.
So I went into settings, looked for the backup payment method settings...and lo and behold...they are not listed anywhere anymore.
I did see that the old bank account (I stopped using that bank since they are anti-bitcoin) was listed as my main account.
So basically PayPal is now automatically using linked bank accounts as a backup payment method (probably in one of their latest user agreement contracts).
I am not upset about the money, I didn't actually lose any. I am disgusted by this new policy of PayPal though.
I will be so happy when Bitcoin is the major world money, all payments online are made with crypto and nobody can just arbitrarily grab your money from some linked account. Good riddance to old technology.
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I just received this email: Hi Pente,
We wanted to provide you with a quick update about the status of your Xapo Debit Card.
Since this is the first true bitcoin debit card that is designed as a seamless extension of your bitcoin wallet, we and our card partner have had a lot of work to do!
Fortunately, we are in the final stages of testing the card, and the first Xapo Debit Cards will be shipped in a few weeks.
The plan for distribution is to ship the cards in batches. If you are not in the first wave of cards, don't worry. We will continue to distribute cards for everyone that has pre-ordered the card.
You don’t need to take any action right now. Prior to shipping your card, we will follow up to confirm your shipping address.
We appreciate your continued support of Xapo and we are working hard not just on the Xapo Debit, but on other innovative products, as well.
For more information regarding the Xapo Debit Card, please visit our FAQ’s.
Sincerely,
Customer Support Team
Unlike other bitcoin credit cards, Xapo will store your value in bitcoins and only exchange it at the moment you use your card. It still involves credit card fees, but for now this is a great improvement. |
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Now (April 1st only), you can use Dogecoins to support global warming: Update: Over one million donated already! WoW BoW WoW! |
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What is the best way to deal with 2 factor verification if you travel?
I keep some bitcoins on Coinbase for quick sale, then I can withdraw the money from a foreign ATM. Before I went to Kenya, I removed my phone number, but when I tried to sell some BTC, it required me to add one again. So I added my the # from the phone of my youngest wife.
Now that I am back in the USA, I went to change it back to my cell phone here. But this time it won't allow me delete the phone#. I am using the change phone option which uses authy.com and takes 48 hours.
This isn't a big deal now, but I want to have a way to sell my BTC at coinbase from anywhere in the world.
Has anyone used Webtext.com? I am wondering if I could use something like that to replace my cell phone for all this 2Factor stuff.
Update: Webtext.com doesn't seem to give you a phone # for someone to send a text message to it. I need something that can create an online virtual phone for sending text messages to it.
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I have considered alternate cryptocurrencies to be mostly a waste of time and energy. Sure, there may be some new innovation here and there, but if it becomes a true problem, then that innovation could be added to Bitcoin. Also, I have felt that alternate cryptos might have a small market for special needs, like total anonymity. Regardless, I have felt that the altcoin market should be only about 1-5% of the Bitcoin market.
But alternative cryptocurrencies have two major functions that are actually helping out Bitcoin.
1) As an internet meme, peope are learning more about cryptocurrencies in general. The small value of most of these coins allows people to play with full integers of them without fear of losing any significant money. Consider them to be educational.
2) As a message to governments. When governments see how easy these altcoins are to start, it will help show the futility of trying to get rid of Bitcoin.
It is for this reason that I have spent about $20 on a bunch of random altcoins. Eventually, most of these altcoins will die and take that money with them. In the meantime, I consider that money & time spent to be good advertising for cryptocurrencies in general. Eventually, it will benefit Bitcoin.
I hope that some of you reading this will consider spending a few dollars on some altcoins. Not to make money (expect to lose most of it), but to support cryptocurrencies in general.
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