Live4Crypto
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July 09, 2015, 11:32:45 PM |
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No hes not. He went missing for 9 days. "Internet difficulties" ..LOL. Dev your telling us you couldnt find a working computer for 9 days?!?!!
No, I said I had difficulties with my internet access, which lasted for about 3 days after legitimate questions were posted, like BitSwinger's. A response would have been desirable after his questions, but it was not possible for me to post a full and accurate response for several days. I posted as soon as I could post a detailed answer. I mentioned that updates will be separated by several weeks. Usually I won't bother to log in if I don't intend to respond. I probably won't respond to "where is the dev?" posts like yours unless I am already logged in. My patterns won't change. Please bear this in mind when making your investments. I may not log in or post a response for several days unless I have a release, urgent news, or am helping with user issues. I do keep up with the thread unless it is prohibitively difficult for me to access the internet. So, in other words, you're human?
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Grandpa Jones (OP)
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July 11, 2015, 06:11:51 AM Last edit: July 11, 2015, 06:25:46 AM by Grandpa Jones |
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Mandatory Update Version 1.1.0.0 - Flat Staking Reward!After great consideration, we are releasing an update that will fundamentally change staking for Synergy. The change is very simple in that block rewards will be a flat 1 SNRG for about 8 years. Obviously, this idea comes from Hi-PoS. It has also been implemented as the long term PoS system for a coin that I can't remember right now. So yes, we stole the idea. But I like to think that it is intelligent to have a good idea but brilliant to recognize it as such. The flat block reward should ease staking management for users in that consolidation transactions are unnecessary. The flat block reward should also strengthen the network. For users, it means that the stake splitting helps to increase rewards rather than reduce them, as with an interest rate based system. For the network, it means that users have more of an incentive to stake smaller transactions, which increases the network stake weight considerably. It also means that there is a strong incentive to keep wallets open and staking, even with the relatively short maximum age that Synergy already enforces. After 8 years, the inflation rate (not interest rate) reduces to a fixed 1.566% per year. At this time, the block reward will reset to about 0.155 SNRG and increase very slowly. The table below shows the yearly inflation rate for the next 10 years. These block rewards are based on the money supply, which is a new idea to my knowledge. (Alas, investors get a little innovation with this update!) Also, investors should be assured that the few lines of code that went into this update do not represent my only work on Synergy for these last couple of weeks. We do have further improvements in the pipeline. I should mention that the inflation schedule significantly rewards early adopters who also stake. Changes will go into effect in 2 weeks, so update now! Mac and Windows are linked in the OP and web site. My absolute next task for Synergy is to make a Linux Qt wallet for this release. I forgot to do that for the Turbo Stake Dashboard release, but I will do it for this release before I do any further development. We will also get Megaupload links available within 24 hours for users who live in countries that block access to google. This latter issue was recently brought to our attention. Inflation Rate, 10 Year Year | Inflation Rate | 1 | 40.00% | 2 | 28.57% | 3 | 22.22% | 4 | 18.18% | 5 | 15.38% | 6 | 13.33% | 7 | 11.76% | 8 | 10.53% | 9 | 1.566% | 10 | 1.566% | Thereafter | 1.566% |
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Synergy Dev Team
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je_sus
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July 11, 2015, 06:34:23 AM |
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Mandatory Update Version 1.1.0.0 - Flat Staking Reward!After great consideration, we are releasing an update that will fundamentally change staking for Synergy. The change is very simple in that block rewards will be a flat 1 SNRG for about 8 years. Obviously, this idea comes from Hi-PoS. It has also been implemented as the long term PoS system for a coin that I can't remember right now. So yes, we stole the idea. But I like to think that it is intelligent to have a good idea but brilliant to recognize it as such. The flat block reward should ease staking management for users in that consolidation transactions are unnecessary. The flat block reward should also strengthen the network. For users, it means that the stake splitting helps to increase rewards rather than reduce them, as with an interest rate based system. For the network, it means that users have more of an incentive to stake smaller transactions, which increases the network stake weight considerably. It also means that there is a strong incentive to keep wallets open and staking, even with the relatively short maximum age that Synergy already enforces. After 8 years, the inflation rate (not interest rate) reduces to a fixed 1.566% per year. At this time, the block reward will reset to about 0.155 SNRG and increase very slowly. The table below shows the yearly inflation rate for the next 10 years. These block rewards are based on the money supply, which is a new idea to my knowledge. (Alas, investors get a little innovation with this update!) Also, investors should be assured that the few lines of code that went into this update do not represent my only work on Synergy for these last couple of weeks. We do have further improvements in the pipeline. I should mention that the inflation schedule significantly rewards early adopters who also stake. Changes will go into effect in 2 weeks, so update now! Mac and Windows are linked in the OP and web site. My absolute next task for Synergy is to make a Linux Qt wallet for this release. I forgot to do that for the Turbo Stake Dashboard release, but I will do it for this release before I do any further development. We will also get Megaupload links available within 24 hours for users who live in countries that block access to google. This latter issue was recently brought to our attention. Inflation Rate, 10 Year Year | Inflation Rate | 1 | 40.00% | 2 | 28.57% | 3 | 22.22% | 4 | 18.18% | 5 | 15.38% | 6 | 13.33% | 7 | 11.76% | 8 | 10.53% | 9 | 1.566% | 10 | 1.566% | Thereafter | 1.566% |
Dev Listened!Fan-fricking-tastic. If you guys don't realize you are on a gold mine yet then what is it going to take for you to wake up?
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AmericanPsycho
Newbie
Offline
Activity: 13
Merit: 0
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July 12, 2015, 03:58:07 AM |
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Mandatory Update Version 1.1.0.0 - Flat Staking Reward!After great consideration, we are releasing an update that will fundamentally change staking for Synergy. The change is very simple in that block rewards will be a flat 1 SNRG for about 8 years. Obviously, this idea comes from Hi-PoS. It has also been implemented as the long term PoS system for a coin that I can't remember right now. So yes, we stole the idea. But I like to think that it is intelligent to have a good idea but brilliant to recognize it as such. The flat block reward should ease staking management for users in that consolidation transactions are unnecessary. The flat block reward should also strengthen the network. For users, it means that the stake splitting helps to increase rewards rather than reduce them, as with an interest rate based system. For the network, it means that users have more of an incentive to stake smaller transactions, which increases the network stake weight considerably. It also means that there is a strong incentive to keep wallets open and staking, even with the relatively short maximum age that Synergy already enforces. After 8 years, the inflation rate (not interest rate) reduces to a fixed 1.566% per year. At this time, the block reward will reset to about 0.155 SNRG and increase very slowly. The table below shows the yearly inflation rate for the next 10 years. These block rewards are based on the money supply, which is a new idea to my knowledge. (Alas, investors get a little innovation with this update!) Also, investors should be assured that the few lines of code that went into this update do not represent my only work on Synergy for these last couple of weeks. We do have further improvements in the pipeline. I should mention that the inflation schedule significantly rewards early adopters who also stake. Changes will go into effect in 2 weeks, so update now! Mac and Windows are linked in the OP and web site. My absolute next task for Synergy is to make a Linux Qt wallet for this release. I forgot to do that for the Turbo Stake Dashboard release, but I will do it for this release before I do any further development. We will also get Megaupload links available within 24 hours for users who live in countries that block access to google. This latter issue was recently brought to our attention. Inflation Rate, 10 Year Year | Inflation Rate | 1 | 40.00% | 2 | 28.57% | 3 | 22.22% | 4 | 18.18% | 5 | 15.38% | 6 | 13.33% | 7 | 11.76% | 8 | 10.53% | 9 | 1.566% | 10 | 1.566% | Thereafter | 1.566% |
Awesome, will check it out when you guys upload to mega.
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Grandpa Jones (OP)
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July 12, 2015, 04:59:24 AM Last edit: July 12, 2015, 07:37:55 AM by Grandpa Jones |
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Awesome, will check it out when you guys upload to mega.
Mega.no.nz download links have been added to the OP. Thank you for your patience.
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Synergy Dev Team
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spandexwarrior
Newbie
Offline
Activity: 12
Merit: 0
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July 12, 2015, 06:52:54 AM |
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Looks like I won't sell my bags after all. At least for now, what next grandpa?
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Grandpa Jones (OP)
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July 12, 2015, 07:36:54 AM Last edit: July 12, 2015, 09:11:01 AM by Grandpa Jones |
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Looks like I won't sell my bags after all. At least for now, what next grandpa?
How about a Linux wallet? The OP and website links are updated with the latest version of the Linux Qt wallet (1.1.0.0). This build includes the Turbo Stake Dashboard and updates for the new staking rules. We will have a Megaupload link for the Linux wallet within 24 hours.
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Synergy Dev Team
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Grandpa Jones (OP)
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July 12, 2015, 07:45:27 AM Last edit: July 12, 2015, 07:55:38 AM by Grandpa Jones |
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Question: Can our Chinese users readily access downloads from mediafire ( https://www.mediafire.com/)? These may be easier for us to manage than Megauploads.
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Synergy Dev Team
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Cryptophile
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July 12, 2015, 08:29:09 PM |
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Any plans for marketing or getting the word out about SNRG? What can we all do to help?
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Grandpa Jones (OP)
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July 12, 2015, 11:10:48 PM |
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Synergy Avatar and Signature Contest has begun!!Rules: - 200 SNRG will be donated to the chosen winner for each level of signature below - 200 SNRG will be donated to the winner of the chosen Avatar - You must be able to demonstrate the result of your signature or avatar so it can be judged (ie. use it on your account or find a friend) - All submissions should be posted in the main SNRG bitcointalk thread: Here - Winners will be chosen by grandpa jones - Contest participants must have a >25 forum Activity - Contest ends Sunday, July 19 23:59 gmt.
Signature Levels: - Newbie: NO CONTEST FOR THIS LEVEL - Jr. Member: Links allowed. Max 150 characters. - Member: Unlimited length. - Full: Color allowed. - Sr. Member: Size allowed - Hero: Background color allowed
Avatar Information: - No more than 120px wide, 80px tall, and 100 KiB in size. - Must be a PNG, GIF, or JPEG image. - Must be safe for work.Please let us know if you need any images and we will try to get them to you ASAP.
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Synergy Dev Team
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LingPingChen
Newbie
Offline
Activity: 46
Merit: 0
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July 14, 2015, 08:28:07 AM |
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Live4Crypto
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July 14, 2015, 08:42:43 PM |
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I don't understand why there are so many people staking and have balances but nobody bothers to say shit in here?
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NextGenCrypto
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July 15, 2015, 01:18:26 AM |
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No entries for the signature contest yet? Let me see what I can come up with.
I don't have the minimum activity yet, but I'll do it anyways.
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LingPingChen
Newbie
Offline
Activity: 46
Merit: 0
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July 15, 2015, 01:25:02 AM |
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I don't understand why there are so many people staking and have balances but nobody bothers to say shit in here?
that cause bitcointalk troll cesspool...i know cause i one
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Live4Crypto
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July 15, 2015, 01:29:03 AM |
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I don't understand why there are so many people staking and have balances but nobody bothers to say shit in here?
that cause bitcointalk troll cesspool...i know cause i one Well, lingpingdingdong, at least you're keeping this thread bumped.
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theChupacabra
Newbie
Offline
Activity: 27
Merit: 0
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July 15, 2015, 09:10:12 PM |
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Who's creating the volume and why?
What's going on?
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Live4Crypto
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July 15, 2015, 10:00:08 PM |
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Who's creating the volume and why?
What's going on?
Someone trying to get a little attention for SNRG? Anyone that can help promote this bad boy?
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animalroam
Legendary
Offline
Activity: 1073
Merit: 1000
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July 16, 2015, 09:13:19 PM |
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CryptoBE has updated its Synergy wallet to v1.1.
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YoBit
Legendary
Offline
Activity: 1007
Merit: 1010
★YoBit.Net★
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July 17, 2015, 03:04:55 PM |
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SNRG wallet updated!
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