[ANN] SPROUTS sha256 pos+pow 10% at 5 days 芽菜货币

[Libertymind]

well, that the citizens of crypto-maniacs, will raise the price or we will observe all falls down let's help ourselves and the community is somehow not a community at all ..

I said too much no one hear me

I'm increasing awareness on Cryptopia with giveaways to new address, and sprouts tipping.

[1713957997]

1713957997

[1713957997]

1713957997

[GoldSeal]

the sprout price on bittrex is horror. 0.17 x 0.20 The book on cryptopia looks completely empty

[alterdicecom]

We have added Sprouts for trading and our provably fair dice game over at AlterDice.com

Sprouts is a strong Proof of Stake blockchain which we look forward to integrating into our upcoming projects.

https://alterdice.com/market/sprts_btc

[GoldSeal]

There is a flaw in the though process of people who think that minted coins are immediatly for sale. That's wrong.
The hyper inflation doesn't matter until the coin reach 1 sat situation even  with a decent market cap.
A pos coin and even hi pos coin is not inflating (in the eye of the staker). The ability to mint coins allows you to keep the exact same share of coin total or market cap. That' s not the definition of economical inflation at all.
Everything else is speculation. And every person whiling to sell minted coin is losing a percentage of the total supply and is easying the coin distribution (which is nice for the other holders).
Sprouts didn't went to near 100k to 25k because of the pos mechanism.
The actual pos rate will only be a problem in a near future.
Decreasing the pos rate doesn't need to be hardcore.
Sprouts should remain hi-pos at least for fews years. (500% yearly is a bit  less than 2.5% every 5 days). ANd we can adopt a decreasing curve that is smooth, not a brutal rate reduction which will lead to no further adoption at all.
The only thing that matters at the end is the market cap not the number of coins (1 sat dead end apart).

Right now it's at 1,000,000% increase per year. I think we have to cut that rate and not overnight. I like the idea of decreasing it by even 5 - 10% slowly over the next 2 - 3 months until we achieve a lower target rate. If the community consensus would like a 2.5% rate, then we could certainly go with that.

Everyone, I've posted a poll to collect votes for the next 5 days on the desired future POS reward rate. Please visit the poll and cast your vote for the rate that you think we should target for the long term POS reward:

https://bitcointalk.org/index.php?topic=1316682.msg13461145#msg13461145

Looking at the github the apr is 730% a year. If compounded and staked on the 5th day for 73 flips over a year you would hit about 105,000% . Likely very few will do that, so the currencies overall actual rate will be much lower.

there is no 730% apr. it compounds even if you traded them to someone else. The only way it would be lower than 100,000% is if inputs are shifted during transactions causing them to reset to an age of 0.

In the past 5 days, we went from 310 million to 342 million coins in the total supply. If this continues, we are looking at 325,857,000,000 coins in 1 year. 325 trillion. The coin supply doubles every 35 days. In 1 year the coin supply would be equivalent to 45 coins for every living person on earth.

This pos reward needs to be lowered. This is runaway inflation for sure.

[peonminer]

We are looking into a Sprouts 2.0. This will have a lot of bug fixes, inflation control, and the ability for users to cash in their Sprouts for the new hardfork. This is in negotiation stages. We are unsure how the negotiations will pan. I just wanted to airdrop an update to the community.

Cryptsy royally screwed us all. $10,000,000.00 missing. Really BigVern? Really? Thanks for nothing Cryptsy.

We will come back stronger if all goes to plan. Stay patient everyone. We are working hard to bring in a new era of Sprouts for everyone to enjoy. I am unsure of a time line as we are in a hard spot for all of crypto at the moment. Main Bitcoin core dev rage quitting. Bitcoin blocks full as ever. Trying times ahead. We can get through this together.

Best,

Peon

[dalistar]

We are looking into a Sprouts 2.0. This will have a lot of bug fixes, inflation control, and the ability for users to cash in their Sprouts for the new hardfork. This is in negotiation stages. We are unsure how the negotiations will pan. I just wanted to airdrop an update to the community.

Cryptsy royally screwed us all. $10,000,000.00 missing. Really BigVern? Really? Thanks for nothing Cryptsy.

We will come back stronger if all goes to plan. Stay patient everyone. We are working hard to bring in a new era of Sprouts for everyone to enjoy. I am unsure of a time line as we are in a hard spot for all of crypto at the moment. Main Bitcoin core dev rage quitting. Bitcoin blocks full as ever. Trying times ahead. We can get through this together.

Best,

Peon

We need contact with coin support people

Pos must down rate . Or coins will be more and more .. who will buy all of these coins

[Belligerent Fool]

We are looking into a Sprouts 2.0. This will have a lot of bug fixes, inflation control, and the ability for users to cash in their Sprouts for the new hardfork. This is in negotiation stages. We are unsure how the negotiations will pan. I just wanted to airdrop an update to the community.

Cryptsy royally screwed us all. $10,000,000.00 missing. Really BigVern? Really? Thanks for nothing Cryptsy.

We will come back stronger if all goes to plan. Stay patient everyone. We are working hard to bring in a new era of Sprouts for everyone to enjoy. I am unsure of a time line as we are in a hard spot for all of crypto at the moment. Main Bitcoin core dev rage quitting. Bitcoin blocks full as ever. Trying times ahead. We can get through this together.

Best,

Peon

Didn't you say originally on the new SPRTS Thread that you were in talks with someone about SPRTS being listed on a Payment Processor, In talks with a famous artist who will takes months to design a special logo for the coin & getting SPRTS a staking Android wallet ?

All this hasn't been done & look how long it has been & now you say this ? ....... I like sprouts and all but I am pretty sure you are just blowing your own whistle and are expecting the masses to come because of it.

If you are that desperate to save Sprouts then PM iGotSpots and ask/pay him for his help to tweak the coin source/make a new one, but good luck with that since ECASH was the last coin he helped out and got the shit riddled out of him for it.

[thundertoe]

Didn't you say originally on the new SPRTS Thread that you were in talks with someone about SPRTS being listed on a Payment Processor, In talks with a famous artist who will takes months to design a special logo for the coin & getting SPRTS a staking Android wallet ?

All this hasn't been done & look how long it has been & now you say this ? ....... I like sprouts and all but I am pretty sure you are just blowing your own whistle and are expecting the masses to come because of it.

If you are that desperate to save Sprouts then PM iGotSpots and ask/pay him for his help to tweak the coin source/make a new one, but good luck with that since ECASH was the last coin he helped out and got the shit riddled out of him for it.
[/quote]




in other news Sprouts has great stake and people love it.  

People should really check out alterdice Exchange and Dice its great fun and has a select group of coins with great communities.

Had some time to check out that site it works very well, and customer support is active. i had a bunch of fun messing around playing dice with the free btc they give you and the altcoins as well https://alterdice.com/hello?ref=56a05018b69b6d211ca271b7  shameless referral plug

[Nthused]

This sounds very, very, very similar to Sprouts & even the name itself ? There might be a relation to it from almost 2 years ago

https://bitcointalk.org/index.php?topic=671630.0

[ryanb]

Subject should be change to no more Cryptsy.

[drent301]

Is there news about the inflation control or projects?
Are there any developers active?

I still own about 2M Sprouts. Still staking this coin, but without some progression i'm thinking to sell them.

This coin started so good with an solid community and support. 

[dalistar]

Is there news about the inflation control or projects?
Are there any developers active?

I still own about 2M Sprouts. Still staking this coin, but without some progression i'm thinking to sell them.

This coin started so good with an solid community and support. 

i also hold them but i will not sell now ,,, keep watching

[GoldSeal]

This pos reward needs to be lowered. When we go to 1 satoshi, the market for this coin in BTC will be non-functional. It's Zimbabwe coin basically.

[dalistar]

This pos reward needs to be lowered. When we go to 1 satoshi, the market for this coin in BTC will be non-functional. It's Zimbabwe coin basically.

YES MUST BE LOW OR MUST STOP POW
i like that zimbabwe coins 

[wence1975]

http://coinmarketcap.com/currencies/sprouts/

http://coinmarketcap.com/currencies/bitbean/


So is it really just about coin supply?

[JudgeDredd_Cryptsy]

Sprouts could easily spike to 100sat

prepare yourself

[cointrader5]

Sprouts could easily spike to 100sat

prepare yourself

Too bad I bought when it was 365 sat then 

[UM]

New Hi-PoS coin in town 
https://bitcointalk.org/index.php?topic=1339689.0

[nhminer]

I just withdrew 1.1M Sprouts from cryptsy ... whew ...  -- now if I can only find some place to sell them ...

[GoldSeal]

Sprouts could easily spike to 100sat

prepare yourself

no it's a death spiral.