MrZ28s
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December 30, 2015, 05:35:09 PM |
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I didn't look at the current source code, and that's probably my fault for not doing so. We should try to keep it low!
No worries but why would we need to lower it. Hypothetically speaking now. Droidz will last a very long time with 5% Pos for normal stakers and 50% pos for Masternode Stakers for it to even come close to that 80 Million Supply . You would need to stake all 5.5 mill coins to effect that which we all know will not happen as people send/recieve buy/sell all the time Edit: If all 5.5 mil was staked in 1yr at 5% it would create 275,000 DRZ I deleted my posts. I was thinking about it entirely the wrong way... My bad.
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Frazazel (OP)
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December 30, 2015, 05:37:14 PM |
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I didn't look at the current source code, and that's probably my fault for not doing so. We should try to keep it low!
No worries but why would we need to lower it. Hypothetically speaking now. Droidz will last a very long time with 5% Pos for normal stakers and 50% pos for Masternode Stakers for it to even come close to that 80 Million Supply . You would need to stake all 5.5 mill coins to effect that which we all know will not happen as people send/recieve buy/sell all the time Edit: If all 5.5 mil was staked in 1yr at 5% it would create 275,000 DRZ I deleted my posts. I was thinking about it entirely the wrong way... My bad. No need to delete we are here to dicsuss not MOAN at you
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drays
Legendary
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Activity: 2520
Merit: 1073
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December 30, 2015, 05:41:37 PM |
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Guys, the max coin supply is not a problem at all - it is just a theoretical number which will take effect in many hundred years What could be a real problem - is the inflation of 55%! Why we need to increase inflation by 10x!!??? We had 5% and were happy with that. And why masternodes should get such high rewards compared to regular staking nodes? If such ridiculous numbers will be chosen, people will just stop to stake, as the masternodes will take all the profits, then dump it and cause price fall, which will not be covered by 5% of regular stake! Masternodes are not necessary for network to run, regular staking nodes are more important, as they move the network. They should have enough incentive to continue staking. I propose to decrease MN payments, and make them comparable to staking rewards.
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... this space is not for rent ...
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Frazazel (OP)
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December 30, 2015, 05:54:39 PM |
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Guys, the max coin supply is not a problem at all - it is just a theoretical number which will take effect in many hundred years What could be a real problem - is the inflation of 55%! Why we need to increase inflation by 10x!!??? We had 5% and were happy with that. And why masternodes should get such high rewards compared to regular staking nodes? If such ridiculous numbers will be chosen, people will just stop to stake, as the masternodes will take all the profits, then dump it and cause price fall, which will not be covered by 5% of regular stake! Masternodes are not necessary for network to run, regular staking nodes are more important, as they move the network. They should have enough incentive to continue staking. I propose to decrease MN payments, and make them comparable to staking rewards. The reason masternodes have a higher reward is they Take coins out the market by creating a masternode. Normal stakers do not put up coins to stake they just stake but a MN holder will have to put coins up which he cannot touch unless they wish to stop the node. We are also looking into something to stop that (DUMPERS) ie we can see if we can sort something out where if you send huge amounts of coins you will be paying very very high Fees meaning you will not want to do that
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DRZ
Member
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Activity: 63
Merit: 10
DroidZ team developers
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December 30, 2015, 05:57:01 PM |
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Hi,
What's up guys?
DRZ
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Frazazel (OP)
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December 30, 2015, 06:05:16 PM |
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Hi,
What's up guys?
DRZ
LMAO you know as you would not be here otherwise. Do you enjoy seeing us better something you either refused to or just couldn't
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Frazazel (OP)
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December 30, 2015, 06:19:27 PM |
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Whats wrong DRZ Hello Kitty got your tongue
Or cant you argue with somebody who can dev better than you and your fake promisises
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GREEDYJOHN
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Activity: 1778
Merit: 1000
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December 30, 2015, 06:20:42 PM |
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Hi,
What's up guys?
DRZ
Droidz are available at BITTREX, if you want to get back into the market
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DRZ
Member
Offline
Activity: 63
Merit: 10
DroidZ team developers
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December 30, 2015, 06:25:16 PM |
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Hi,
thanks again for 75 BTC.
DRZ
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Frazazel (OP)
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December 30, 2015, 06:26:47 PM |
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Hi,
thanks again for 75 BTC.
DRZ
Hahaaa you need to make up your mind i thought you was sayin 70 now its 75 damn i need one of your sayings in next years xmas cracker
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GREEDYJOHN
Legendary
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Activity: 1778
Merit: 1000
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December 30, 2015, 06:27:01 PM |
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Hi,
thanks again for 75 BTC.
DRZ
At least you are grateful for something
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Frazazel (OP)
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December 30, 2015, 06:37:59 PM |
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Hi,
thanks again for 75 BTC.
DRZ
At least you are grateful for something He should be thanking you for keeping this alive We do not need him nor his Oh i made btc off you. We will leave his ass behind
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GREEDYJOHN
Legendary
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Activity: 1778
Merit: 1000
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December 30, 2015, 06:43:24 PM |
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He should go back to the thread that he locked. He is the same EVIL Dev that destroyed Cyphercoin.
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Frazazel (OP)
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December 30, 2015, 06:50:44 PM |
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He should go back to the thread that he locked. He is the same EVIL Dev that destroyed Cyphercoin.
He's not destroying anything here only giving us more determination to better droidz
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drays
Legendary
Offline
Activity: 2520
Merit: 1073
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December 30, 2015, 06:53:49 PM |
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Guys, the max coin supply is not a problem at all - it is just a theoretical number which will take effect in many hundred years What could be a real problem - is the inflation of 55%! Why we need to increase inflation by 10x!!??? We had 5% and were happy with that. And why masternodes should get such high rewards compared to regular staking nodes? If such ridiculous numbers will be chosen, people will just stop to stake, as the masternodes will take all the profits, then dump it and cause price fall, which will not be covered by 5% of regular stake! Masternodes are not necessary for network to run, regular staking nodes are more important, as they move the network. They should have enough incentive to continue staking. I propose to decrease MN payments, and make them comparable to staking rewards. The reason masternodes have a higher reward is they Take coins out the market by creating a masternode. Normal stakers do not put up coins to stake they just stake but a MN holder will have to put coins up which he cannot touch unless they wish to stop the node. We are also looking into something to stop that (DUMPERS) ie we can see if we can sort something out where if you send huge amounts of coins you will be paying very very high Fees meaning you will not want to do that Hmm... I am not against high reward for MN, but I doubt it will be helpful for the coin in the long run. Also 55% inflation is something game-changing for this coin. It was not a high stake /high inflation coin before, after the change it will become such. If you ask me, stopping DUMPERS is not the way to go. Dumpers are just people who want to sell something they do not need. To stop the dumping process, one should not make it difficult to sell coins. Instead the demand should be created, so potential dumper will feel he would better keep the coin, as (a) coin may have higher value later; or (b) can be used for something interesting. Also the demand will help to buy coins from any DUMPERS. How to create a demand - this is the real question. One of the possible methods could be cheaper masternodes, so more people could play with them and get some experience.
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... this space is not for rent ...
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drays
Legendary
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Activity: 2520
Merit: 1073
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December 30, 2015, 06:59:31 PM Last edit: December 30, 2015, 07:32:30 PM by drays |
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And regarding the swap - I believe it makes sense first to contact Bittrex (and possibly other exchanges too) to make sure they do not have problem with changing the blockchain.
If I remember correct, Bittrex refused to make the Droidz -> DroidX change because they told they have to delist Droidz in that case, and will consider listing the new coin (DroidX) if it has enough user interest, or if payed for, just like they list any other new coin.
So we should make sure they are ready to make the change if needed, and will not request a separate payment for listing a "new" coin.
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... this space is not for rent ...
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MedaR
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December 30, 2015, 07:23:14 PM |
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Why do we need swap at all? What is next if we voted against swap?
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Frazazel (OP)
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December 30, 2015, 07:29:01 PM |
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Why do we need swap at all? What is next if we voted against swap?
If the answer is no to the swap then we will continue our work on trying to implement them into the current code. Along with our other plans which we will not be mentioning . We Like giving surprises
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Frazazel (OP)
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December 30, 2015, 07:32:25 PM |
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And regarding the swap - I believe it makes sense first to contact Bittrex (and possibly other exchanges too) to make sure they do not have problem with changing the blockchain.
If I remember correct, Bittrex refused to make the Droidz -> DroidX change because they told they have to delist Droidz in that case, and will consider listing the new coin if it has enough user interest, or if payed for, just like they list any other new coin.
So we should make sure they are ready to make the change if needed, and will not request a separate payment for listing a "new" coin.
Yes Exchanges are a must. if they refuse to take part then we will cancel as we do not wish to damage droidz only better it and removing us from the market is not good if we have to get re-listed again But hopefully they can see that we wish to do good and we will do all with full communication with them. We will message them today/tomoz with the details and let you know there response once recieved We did not know that bit. Thanks for filling us in there.
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helloeverybody
Legendary
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Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
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December 30, 2015, 08:23:18 PM |
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Whatever happens im glad we've got a proper dev on board that at least seems dedicated in making some change with droidz. Good work
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