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Author Topic: ANN QUIT [QuitDough] HARD FORK coming into play at block 100,000  (Read 967 times)
QuitDough (OP)
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April 09, 2015, 11:49:10 PM
 #1

Hard Fork coming into play at block 100,000!

POW reward decrease to 20 from 100 coins per block after block 100,000

POS now increased to 15 % up from 2% from block 100,001 to 200,000
POS 10% from 200 001 to 300 000
POS 5% after 300 000


With new wallets at for both Win and Mac

Hard fork at block 100K

We look forward to a stable price and also to see the back of mining dumps from multipools after the 100k fork.

Everyone holding Quit will have to update to the new wallets, we will let everyone know when the new wallets are ready including pools and exchanges.

The price is low now due to the mulitpools dumping but we also feel this will sort out that problem and reward the holders and supporters of Quit.

Work is being now now to setup the latest free VIP sites for holders of Quit, so if you hold Quit check to see if your wallet is a VIP store holder and is so PM the team at Quit.

Lots more to do and we are on track to the business plan of offering Quit as a real option for payment for sites that have been banned by Paypal and CC merchants within the legal highs sites and also electronic cigarette industry that have been crushed by other payment gateways.


Thanks for all the positive support and we look forward to big things in the future!

https://bitcointalk.org/index.php?topic=919267.0

Cheers Matt
letsplay
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April 10, 2015, 12:26:52 AM
 #2

Great work! So needed!
It's been hard watching the pool dumps but this is a move in the right direction, still holding mine and just misses out on a store place but I am going to buy some while the price is low and get me a store this time around.
QuitDough (OP)
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April 11, 2015, 03:41:47 AM
 #3

Great work! So needed!
It's been hard watching the pool dumps but this is a move in the right direction, still holding mine and just misses out on a store place but I am going to buy some while the price is low and get me a store this time around.


Yep Lets
The price can only go up with the miners reward lowered, they were smashing it down very hard. Its not the smaller miners or pools causing chaos its the big multipools that did the damage.
We are at about 85k blocks so not long till the hard fork.

Matt
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April 13, 2015, 09:36:32 PM
 #4

Source code for the new coin changes has been updated and has been and added to OP.

Hard Fork at block 100,000

POW reward decrease to 20 from 100 coins per block after block 100,000

POS now increased to 15 % from block 100,001 to 200,000
POS 10% from 200 001 to 300 000
POS 5% after 300 000

With new wallets at for both Win and Mac ( new wallets out soon)


Cheers Matt
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April 14, 2015, 10:26:56 PM
 #5

New Mac and Win wallets in the OP, Please update before block 100,000

Cheers Matt
QuitDough (OP)
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April 16, 2015, 09:47:39 PM
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Nice price rise and we are at block 90,000 so not long till the POS increase at 100,000
Please update wallets people

Matt
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April 19, 2015, 11:35:26 PM
 #7

New Mac and Win wallets in the OP, Please update before block 100,000

Everything tested and looking ready for the changes.

We are close to block 940,000 so not long till the new POS rewards kick in.

We will be offering More VIP stores at the POS change to the largest holders of Quit Dough, these are also explained in the OP below

https://bitcointalk.org/index.php?topic=919267.0

Cheers Matt
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April 22, 2015, 02:59:00 AM
 #8


Quit is at block Block: 95,388 and hard fork comes into play at block 100,000 which will be in a few days

Please update wallets asap! The mining rewards will drop from 100 per block to 20 and the POS from 2% up to 15%

This was done as multi mining pools were destroying the coin, so now we expect to see a stable price raise and growth after the 100k block

Cheers Matt
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April 26, 2015, 02:26:18 AM
 #9

We are up to block 99,550, so today we will move to the new POS and POW setup!

Hard Fork at block 100,000!

POW reward decrease to 20 from 100 coins per block after block 100,000

POS now increased to 15 % from block 100,001 to 200,000
POS 10% from 200 001 to 300 000
POS 5% after 300 000


With new wallets at for both Win and Mac

Hard fork at block 100K!! so please update wallets asap!!

We look forward to a stable price and also to see the back of mining dumps from multipools after the 100k fork.

Everyone holding Quit will have to update to the new wallets.

The price is low now due to the mulitpools dumping but we also feel this will sort out that problem and reward the holders and supporters of Quit.


Thanks for all the positive support and we look forward to big things in the future!


Cheers Matt
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April 27, 2015, 08:30:32 AM
 #10

After testing the hard-fork yesterday, its 100% working as planned.

Now the price should now become more stable and rise once the last of the multi-pool miners dump.

We will be back to doing more work and setting up more VIP quit holders stores on the site.

This time next week we should be ready to add around 5 more VIP store owners and continue getting them setup.  So if you want a store front and make some easy money, get in before the price rises from the hard-fork change. Just holding quit is how to get a free store.

https://c-cex.com/?p=quit-btc

Cheers Matt
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