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Author Topic: [NINJA][SCRYPT] GraphCoin [ROADMAP][NO ICO/PREMINE]  (Read 47932 times)
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stormia
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May 09, 2015, 12:23:56 AM
 #281

Why doesn't CMC show this coins marketcap? It looks like the blockexplorer is working..
neordicICE
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May 09, 2015, 12:28:10 AM
 #282

I'm staking and it feels great! But I get a lot of orphin blocks. why?
GraphDev (OP)
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May 09, 2015, 01:01:35 AM
 #283

Development Update:

Thank you all for waiting, the new roadmap is ready.  The old roadmap had to be removed, as it made our coin look like it was designed for the 'sole purpose' of gambling, and that made us not eligible to be listed on Bittrex.  This shouldn't be an issue, as the technology presented would have been enough to overcome this hurtle, but everyone wanted Bittrex so we contacted them directly.

This doesn't mean we will not work on the original plan to do Graph Nodes, they just cannot be the sole purpose of the project.  We will fulfill this roadmap first, and move that work to August/September.  These items had been planned originally for after the Graph Nodes, so we will focus on these now instead.

You will see we are planning to release an arbitrage bot built into the online wallet.  This will allow our investors to seek out profit by authorizing trades between supported exchanges.  The online wallet will require a certain amount of Graph Coins be deposited, and will burn some based on the amount of BTC profit generated.  This percentage will be 19% of the BTC value in Graph Coins to be burned.  We realize that this will ultimately reduce the amount of total Graph Coins in circulation, which would be a race to the bottom if new coins are not created.  This will stimulate the GraphCoin economy, by forcing individuals that profit from our arbitrage software to purchase more GraphCoins.  We will release a flowchart for this functionality tomorrow.

To solve this issue, we will be implementing an Auxiliary Proof-of-Stake system.  This means that GraphCoin holders can increase the overall Proof-of-Stake rewards past the 8% originally planned, up to 24%, by proving they own coins that belong to OTHER PROFESSIONAL PROJECTS.  As of right now, this list will consist only of:  ShadowCash, Crave, Blackcoin, and Dogecoin.  This should ultimately reward individuals that hold those coins, and put upwards pressure on their markets, in order to stake more GraphCoins.  In turn, this should create more arbitrage opportunities for the Online wallet as we stimulate their market.  We will release a flowchart for this functionality also.

In time, we will consider adding more coins to this exclusive list.



racer2012
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May 09, 2015, 01:10:29 AM
 #284

Simply Genius idea
Buying more
klopper
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May 09, 2015, 01:22:53 AM
 #285

Very promosing...  Grin
neordicICE
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May 09, 2015, 02:33:32 AM
 #286

Development Update:

Thank you all for waiting, the new roadmap is ready.  The old roadmap had to be removed, as it made our coin look like it was designed for the 'sole purpose' of gambling, and that made us not eligible to be listed on Bittrex.  This shouldn't be an issue, as the technology presented would have been enough to overcome this hurtle, but everyone wanted Bittrex so we contacted them directly.

This doesn't mean we will not work on the original plan to do Graph Nodes, they just cannot be the sole purpose of the project.  We will fulfill this roadmap first, and move that work to August/September.  These items had been planned originally for after the Graph Nodes, so we will focus on these now instead.

You will see we are planning to release an arbitrage bot built into the online wallet.  This will allow our investors to seek out profit by authorizing trades between supported exchanges.  The online wallet will require a certain amount of Graph Coins be deposited, and will burn some based on the amount of BTC profit generated.  This percentage will be 19% of the BTC value in Graph Coins to be burned.  We realize that this will ultimately reduce the amount of total Graph Coins in circulation, which would be a race to the bottom if new coins are not created.  This will stimulate the GraphCoin economy, by forcing individuals that profit from our arbitrage software to purchase more GraphCoins.  We will release a flowchart for this functionality tomorrow.

To solve this issue, we will be implementing an Auxiliary Proof-of-Stake system.  This means that GraphCoin holders can increase the overall Proof-of-Stake rewards past the 8% originally planned, up to 24%, by proving they own coins that belong to OTHER PROFESSIONAL PROJECTS.  As of right now, this list will consist only of:  ShadowCash, Crave, Blackcoin, and Dogecoin.  This should ultimately reward individuals that hold those coins, and put upwards pressure on their markets, in order to stake more GraphCoins.  In turn, this should create more arbitrage opportunities for the Online wallet as we stimulate their market.  We will release a flowchart for this functionality also.

In time, we will consider adding more coins to this exclusive list.




This is exciting! Im glad I mined and am staking.
VampiricElder
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May 09, 2015, 03:54:17 AM
 #287

Everything seems like its going smoothly according to plan. I see moon in the near future, cant wait for further updates
neo1947
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don t touch my Bits


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May 09, 2015, 06:32:18 AM
 #288

still no info at CMC?
Altprince
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Stay calm. The prince is here.


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May 09, 2015, 06:34:39 AM
 #289

Wow, that was better then expected!!
Great ideas, and cant wait for them to be completed.

#moonherewecome  Cool
VampiricElder
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May 09, 2015, 06:36:23 AM
 #290

still no info at CMC?

I think CMC needs atleast 24 hours of data before publishing the statistics, it doesn't publish the stats straight away as it shows info for the last 24 hours, not less
tx42
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May 09, 2015, 08:13:43 AM
 #291


It's pretty obvious this coin needs an epic dump.

If you can fud, please step up. Thx.

█    █     ██    ███     ███    ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████     ███     ███    ██     █    █
..EARN FREE BREAKOUT COINS SIG CAMPAIGN LIVE !!
█    █     ██    ███     ███    ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████     ███     ███    ██     █    █
jaxxx
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Well fuck you then.


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May 09, 2015, 08:42:27 AM
 #292

Genious idea Graphdevs! Glad I invested, this is gonna be great Grin
Now GPH will have actuall value, because it can generate money to the holders independente from the GPH value itself.

Thanks for yet again dumping in my 10k orders, keep em coming <3

Time to jaxxx it up.
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May 09, 2015, 09:44:55 AM
 #293

First place on bittrex!
Let the pump begin  Cool

Btw, loving the roadmap. Can't wait to start earning BTC with my GPH holdings, besides the value itself.
+n+(?_?)+n+
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+ + + + + + + + + + + +


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May 09, 2015, 09:47:32 AM
 #294

This is so obviously going to pump within the next days! Loving the new roadmap and logo  Cool

But still most excited about the betting nodes tho, to bad it had to be pushed back.

Smoke up and chill down.
fonzerrellie
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May 09, 2015, 10:07:55 AM
 #295

This is so obviously going to pump within the next days! Loving the new roadmap and logo  Cool

But still most excited about the betting nodes tho, to bad it had to be pushed back.

if they follow through consistently by the time the betting nodes are ready there will already be lots of confidence in the dev and their coin and betting nodes will be like the cherry on top of a sunday Wink

#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH 
WAVES
waffles99
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May 09, 2015, 10:57:29 AM
 #296


It's pretty obvious this coin needs an epic dump.
If you can fud, please step up. Thx.

piotr_PL
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May 09, 2015, 11:54:11 AM
 #297

I think is nice coin Smiley
insulaner
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May 09, 2015, 11:58:27 AM
 #298

First place on bittrex!
Let the pump begin  Cool

Pump pump!

This is exciting! Im glad I mined and am staking.

We are in the same honey I guess. Grin I wish XAU would be paying out it's mining to invest in GPH!  Huh
darwin72
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May 09, 2015, 12:55:55 PM
 #299

I think soon 1 GPH will cost 1 btc..it's not joke, just give 1 month time
digitalgrow
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May 09, 2015, 01:04:28 PM
 #300

Without me downloading the wallet and syncing to check, could someone please tell me the number of total coins and what block we are upto? Many thanks  Smiley
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