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Question: CHOOSE ALGO, REWARD, COIN BURN, AND POS
ALGO - Scrypt (current) - 12 (13.5%)
ALG0 - x(11,13,15 etc) - 10 (11.2%)
ALGO - Scrypt-n - 0 (0%)
REWARD - 1 (current) - 1 (1.1%)
REWARD - 50 - 6 (6.7%)
REWARD - 150 - 1 (1.1%)
REWARD - 500 - 3 (3.4%)
BURN - NONE (current) - 0 (0%)
BURN - 1:1000 - 13 (14.6%)
BURN - 1:100 - 3 (3.4%)
POS - NONE (current) - 1 (1.1%)
POS - 10% - 7 (7.9%)
POS - 25% - 1 (1.1%)
POS - 50% - 13 (14.6%)
DONT CHANGE IT - 0 (0%)
LET IT DIE - 12 (13.5%)
REWARD - 5 - 6 (6.7%)
Total Voters: 41

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Author Topic: TOPCOIN v2 - YOU CHOOSE!! VOTE HERE!!  (Read 2933 times)
crymzyn
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August 13, 2014, 01:38:27 PM
 #21

At least you shouldn't change the number of coins.
Or no investors will be. It's like changing the rules of game when it's in a process.
Look what happened with Saturn coin. In several days after simple split (1:1000) the capitalisation dropped down, about 7 times less.


We are going with what the community has asked for...  and looking at the polls, it is clear they would like to drop the amount of coins down at the 1:1000 ratio.  This change paired with adding PoS, increasing PoW rewards, etc., all were things that we heard the community yearning for.  The TopCoin network as it was could not survive - it wasn't worth mining and thus, the dev team had to dedicate miners to it just to keep the network going.  Now, community members can happily mine again, or just stake and help out that way. 

What separates us from Saturn and other coins out there, is that actually have utilities in place where you can actively use your TopCoin - not just trade it on exchanges.  We will also be continuing work on the Crypto Center once v2 is successfully deployed, so that will provide even more practical tools for all of us to use.

Hopefully, you will see the real value in what we are doing, and go ahead with your votes for TopCoin at Cryptsy.  We have been through a lot, have never hid from our community, and will always be working hard to make TOP the best coin out there.


Support TopCoin bounties for development! >> tDHFyEDsgrZ1Poi5NUFDTSFDf9mB9zd9a8
★ Buy/sell TOP at FreiExchange! ★
crymzyn
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August 13, 2014, 08:15:32 PM
 #22

If 5000 votes is too much, let's begin with 1000.
Anyone?

Having said everything above, I'm willing to throw in more BTC to the votes - it will only help get exposure for the leaner, meaner TOP Grin

Support TopCoin bounties for development! >> tDHFyEDsgrZ1Poi5NUFDTSFDf9mB9zd9a8
★ Buy/sell TOP at FreiExchange! ★
topdude (OP)
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August 14, 2014, 01:59:21 AM
 #23

At least you shouldn't change the number of coins.

That was my initial thought also, but the majority want it changed, so we will go with the 1000:1.

We have made the new coin already. We are just mining it for a few days to test out the POS.

specs are:  reward 5, pos 50%, and scrypt

We will launch the new coin in a few days (with a fresh blockchain) , then after that people can trade their v1 for v2

KlondikeBear
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August 14, 2014, 06:20:49 AM
 #24


We will launch the new coin in a few days (with a fresh blockchain) , then after that people can trade their v1 for v2
I'm not sure I understand what you mean by saying 'trade their v1 for v2'
So it will not be converted automatically?
If no, who will buy useless v1?

the Nash equilibrium?
topdude (OP)
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August 14, 2014, 10:16:59 AM
 #25


I'm not sure I understand what you mean by saying 'trade their v1 for v2'
So it will not be converted automatically?
If no, who will buy useless v1?


We have made a script, where you will  input your v2 address and be given a v1 address to send to.

after 6 confirms it will send back v2 coins. There will be a limit per transaction of 50million v1

Its a totally automated process and we will keep a running total on the site, of how much is left.

so to do this we will premine the new coin 23 million, to cover the 23 billion v1.

We will keep the swap system up for about 1 month. or until all the coins are swapped, which ever happens first.
then after that time, the v1 network will shut down.

At the end of it any v2 coins not distributed, will be funded to the faucet for public distribution.

skuk
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August 16, 2014, 11:33:59 PM
 #26



We have made a script, where you will  input your v2 address and be given a v1 address to send to.

after 6 confirms it will send back v2 coins. There will be a limit per transaction of 50million v1

Its a totally automated process and we will keep a running total on the site, of how much is left.

so to do this we will premine the new coin 23 million, to cover the 23 billion v1.

We will keep the swap system up for about 1 month. or until all the coins are swapped, which ever happens first.
then after that time, the v1 network will shut down.

At the end of it any v2 coins not distributed, will be funded to the faucet for public distribution.

[/quote]


Please make a higher limit for V1 topdude Smiley
coinsmany
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August 17, 2014, 06:06:09 AM
 #27



We have made a script, where you will  input your v2 address and be given a v1 address to send to.

after 6 confirms it will send back v2 coins. There will be a limit per transaction of 50million v1

Its a totally automated process and we will keep a running total on the site, of how much is left.

so to do this we will premine the new coin 23 million, to cover the 23 billion v1.

We will keep the swap system up for about 1 month. or until all the coins are swapped, which ever happens first.
then after that time, the v1 network will shut down.

At the end of it any v2 coins not distributed, will be funded to the faucet for public distribution.



Please make a higher limit for V1 topdude Smiley
[/quote]

great work!   Can't wait for this relaunch,  and I'll pitch to vote it up on the exchanges with BTC.   Just let me know when


TO THE tops!   Since day 1 Wink

KlondikeBear
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August 17, 2014, 07:47:00 AM
Last edit: August 17, 2014, 08:11:14 AM by KlondikeBear
 #28


Please make a higher limit for V1 topdude Smiley
Agree that higher limit will be more convenient.

and I'll pitch to vote it up on the exchanges with BTC.   Just let me know when
We can vote right now on Cryptsy.
How many votes are you ready to add, if I add the same quantity, too?

the Nash equilibrium?
skuk
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August 18, 2014, 03:02:36 PM
 #29

If 5000 votes is too much, let's begin with 1000.
Anyone?

I will support you / topcoin when the new coin is out.
iamphoenix
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August 18, 2014, 09:14:52 PM
 #30

PolyMYR chain security

Get Daily Free SIGNs before too late. T6ZzzGAkxmSQDmeNUZPBf3pbD2ogiC2DDf

Myriadplatform.org
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