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

[MilkandPie4U]

Got watch that decimal. 

[GoldSeal]

I updated the poll with the correct number.  BTW, please vote:
https://bitcointalk.org/index.php?topic=1316682.msg13461145#msg13461145

Ideally, we should get a large voting sample together.

[gribgo]

Hi! I Like the way you started the coin.. I also see that you are open to good Ideas..  and I have some SPRT too!
I work in PR, so my mind is generating many ideas for different products.. So here I have a simple Idea for "coin supply control":
The actual numbers must be discussed and all I put is for you to get the Idea.
I called it Fertile Address. So what we can do (I say WE, because I am the part of the community) add a feature in the wallet, that will allow people to generate a New Fertile Address in return of "burning" X amount of coins.. and coins send to this new address will stake at a little higher % ..lets say 15% after 5 days and +5% for each extra day.. (remember that numbers I propose - must be discussed within the community!)
So! ..For example... One can destroy (burn) 1 000 000sprt and will see the New address generated in his wallet. Coins that are sent to this address will stake at better rate then the "simple" new address.. not just for your pretty eyes, but for lowering the overall coin supply for the whole community!
Its just like in nature - ashes of burned plants are used to fertilize soil for better crops.
We will answer a the main question by implementing this feature:
- why BUY more sprt??, not just hold and mint and sell, active supporters - who BUY sprt at the market would love to have some advantage for their coin support.. This is called "stimulating demand" in marketing or demand stimulation, by making people interested in actually getting the coins from all sources// The sprt is cheap, so the market is - the great source of coins!
Also its a free-will action! So, you are not forced to do anything if don't like, but you can, but get greater rewards.
The good thing for the dev team is - you don't have to change the existing rates and make all to get through hardforks!
Simple math.. If 100 richest wallets will generate at least 1 such Fertile Address, we can take out 100 000 000 coins from supply - it will skyrocket the price within very short period!
we have only 278 228 259.74286097sprt at the moment ..

This is important that this addresses are not Sold as "stakers", but generatet inside your own wallet for helping community to control the coin supply, as burned coins will be taken out from staking basis!

thank you!
peace

[a_cat_named_joe]

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.

Thundertoe has spoken! That's enough for me.  

First, let's agree on a coherent thread. At the moment, Sprouts has two active threads: this, the old one, but more frequently used; and https://bitcointalk.org/index.php?topic=1238834.0

Secondly, to partially repeat my parallel post, this coin is tailor-made for the gaming industry ... not that I am a gambler. With Quark, one of my original favourite coins, you have to keep on buying it to plug into games and casino options. With Sprouts you acquire a reasonable stash, keep it staking and you have a considerable, replenishing supply of coins to use. High yeild, if utilised in this way, would seem to be right up the street of a regular gamer, of which there are quite a few.

It's made for the exchanges too, or do I have to draw a diagram?

[4x13]

Does anyone ever communicate with the Wallet Dev's?? We need some better coin Control like Block Splitting and we need Multisend added to the wallet...

[psyx80]

light pump))

[GoldSeal]

Does anyone ever communicate with the Wallet Dev's?? We need some better coin Control like Block Splitting and we need Multisend added to the wallet...

My understanding is that the devs have not been active in some time. Now, the question at hand is if we fork the client and make some changes to the POS reward to get inflation under control.

There is a poll here. Please participate. https://bitcointalk.org/index.php?topic=1316682.msg13461145#msg13461145

[tacee]

CRYPTSY is dead,ha haaa~~~~~~~~~`

[nhminer]

CRYPTSY is dead,ha haaa~~~~~~~~~`

That does create huge problems for sprouts, if there is no exchange, there is little future for this coin

[StakeBox]

CRYPTSY is dead,ha haaa~~~~~~~~~`

That does create huge problems for sprouts, if there is no exchange, there is little future for this coin

https://bittrex.com/Market/Index?MarketName=BTC-SPRTS

[Arrakeen]

You can also buy/sell SPRTS @ Cryptopia:

https://www.cryptopia.co.nz/Exchange?market=SPRTS_BTC

[drent301]

I think with two other exchanges this coin will be fine.
It's a good thing this community is trying to make this coin last.

[SushiNoTomato]

With both these Exchanges available to Buy/Sell SPRTS there is no need to worry about more.

Cryptopia: https://www.cryptopia.co.nz/Exchange?market=SPRTS_BTC
Bittrex: https://bittrex.com/Market/Index?MarketName=BTC-SPRTS

Just start working on putting all these ideas the community is talking about into an actual wallet update/hardfork.

[psyx80]

Hey, who knows what with a coin on the Bittrex? empty glasses trades do not go inactive status purse

[chengyz]

Please help me to inquire where my money went down , and I updated my coin purse found all gone.

MY addr:
SVcdxGygUW55aK5NNhszoSEJr1K6mE729i

[HarveyOne]

With both these Exchanges available to Buy/Sell SPRTS there is no need to worry about more.

Cryptopia: https://www.cryptopia.co.nz/Exchange?market=SPRTS_BTC
Bittrex: https://bittrex.com/Market/Index?MarketName=BTC-SPRTS

Just start working on putting all these ideas the community is talking about into an actual wallet update/hardfork.

Seems that there is only one exchange left SPRTS- market on Bittrex is disabled. Any ideas about the reasons

[Belligerent Fool]

With both these Exchanges available to Buy/Sell SPRTS there is no need to worry about more.

Cryptopia: https://www.cryptopia.co.nz/Exchange?market=SPRTS_BTC
Bittrex: https://bittrex.com/Market/Index?MarketName=BTC-SPRTS

Just start working on putting all these ideas the community is talking about into an actual wallet update/hardfork.

Seems that there is only one exchange left SPRTS- market on Bittrex is disabled. Any ideas about the reasons

Maintenance most probably, they do it with a lot of coins especially the more well known ones.

Although someone is on a dumping spree on Cryptopia it seems.

[SushiNoTomato]

With both these Exchanges available to Buy/Sell SPRTS there is no need to worry about more.

Cryptopia: https://www.cryptopia.co.nz/Exchange?market=SPRTS_BTC
Bittrex: https://bittrex.com/Market/Index?MarketName=BTC-SPRTS

Just start working on putting all these ideas the community is talking about into an actual wallet update/hardfork.

Seems that there is only one exchange left SPRTS- market on Bittrex is disabled. Any ideas about the reasons

Maintenance most probably, they do it with a lot of coins especially the more well known ones.

Although someone is on a dumping spree on Cryptopia it seems.

Have faith in this coin, the community is there for it, just give it time.

[Enticed87]

With both these Exchanges available to Buy/Sell SPRTS there is no need to worry about more.

Cryptopia: https://www.cryptopia.co.nz/Exchange?market=SPRTS_BTC
Bittrex: https://bittrex.com/Market/Index?MarketName=BTC-SPRTS

Just start working on putting all these ideas the community is talking about into an actual wallet update/hardfork.

Seems that there is only one exchange left SPRTS- market on Bittrex is disabled. Any ideas about the reasons

Maintenance most probably, they do it with a lot of coins especially the more well known ones.

Although someone is on a dumping spree on Cryptopia it seems.

Have faith in this coin, the community is there for it, just give it time.

Don't you worry there will be unexpected news in the near future for Sprouts I am predicting.

[Belligerent Fool]

With both these Exchanges available to Buy/Sell SPRTS there is no need to worry about more.

Cryptopia: https://www.cryptopia.co.nz/Exchange?market=SPRTS_BTC
Bittrex: https://bittrex.com/Market/Index?MarketName=BTC-SPRTS

Just start working on putting all these ideas the community is talking about into an actual wallet update/hardfork.

Seems that there is only one exchange left SPRTS- market on Bittrex is disabled. Any ideas about the reasons

Maintenance most probably, they do it with a lot of coins especially the more well known ones.

Although someone is on a dumping spree on Cryptopia it seems.

Have faith in this coin, the community is there for it, just give it time.

Don't you worry there will be unexpected news in the near future for Sprouts I am predicting.

Is the plan to dump it down and scare everyone because of Bitrrex SPRTS not working & then announce new wallets after they eat ?