[ANN] [DRZ] [DROIDZ] [ANTI-INSTAMINE] - A FRESH NEW START - WALLET UPDATES!!!

[Splatters]

btw the swap should be something like merge DRZ with another coin, give one the feature of the other one, if I'm right

[gentamicin]

of course, but im having trouble sycning =(

[chrysophylax]

of course, but im having trouble sycning =(

do you have the latest wallet? ... if so - it will autosync to the seednodes automatically ...

if not ... add the seednode addresses in the droidz.conf file ...

Code:

addnode=drz-seed1.granitecoin.com
addnode=drz-seed2.granitecoin.com
addnode=drz-seed3.granitecoin.com

if you still have issues syncing - then it will probably be a local issue ... like a firewall port block for example ...

ive found that is the usual issue if you are running windows ...

#crysx

[filippounits]

It would be nice if we can get more info about swap.

Say yes or not about swap without infos is so difficult.

[drays]

What do you think about a coin swap for this coin. The DEV wants to add some critical features, but he needs a coin swap with your consent..

Indeed it would be nice to get some info regarding the reason for the swap.

Without an info, what I can guess is the following (correct me if I'm wrong):

developers want to add some larger features from other coins (like masternodes, for example), however to add this feature for the Droidz, it would need a full revamping of the source code, comparable to implementing a new coin. Or even the blockchain format should be changed, so new features could be implemented. Thus the developers suggest to launch a new blockchain, and swap the existing Droidz coins with the new "Droidz2" (or perhaps call it "Androidz"/"MasterDroidz"  ).

Is this guess correct.., or I found a mare's nest.?

[Frazazel]

COIN SWAP INFO (IF WE DO A SWAP)

Droidz
DRZ
Pos
Max Supply: 80 million Drz


Proof Of Work Info

Block Time: 2 minutes
Block Minting: 100 Blocks
modifier interval: 10 Minutes
Target Timespan: 16 Minutes

Block Rewards:

1 = 5,500,000 FOR COIN SWAP all unswapped coins will be DESTROYED.
2 and after 0 DRZ per block

port: 5914        rpcport: 5915
TestNet: 25914   TestNet: 25915



Proof Of Stake Info

Block Time: 2 minutes
Block Minting: 100 Blocks

Min Stake Age: 3 hours
Max Stake Age: Unlimited. (if any issues it will be adjusted)

Proof Of Stake Reward: 0.013 % Per Day or 5% Per Year (Which ever is easiest for you to understand.


port: 5914        rpcport: 5915
TestNet: 25914   TestNet: 25915



Transactions

tx confirmations: 4 blocks

Tx Fee: 0.0001




START_MASTERNODE_PAYMENTS_TESTNET 1451563200 // Thu, 31 Dec 2015 12:00:00 GMT
START_MASTERNODE_PAYMENTS 1452772800 //Thu, 14 Jan 2016 12:00:00 GMT



Masternode min conf: 10

Masternode payments: 10x more than usual pos



Darksend

Fee:  0.001
Collateral:  999.99
Pool Max: 9999.99


InstantX sigs Req: 10

InstantX sigs Tot: 18

WITH THE EXCHANGE TABS FROM 2.4 Coalition WHICH WILL BE ADDED ALSO


The 5,500,000 is there only for the swap nothing else the reason we put 5.5 mil instead of the supply now is we are not sure how quick/long the swap will take as that depends on the users

[chrysophylax]

COIN SWAP INFO (IF WE DO A SWAP)

Droidz
DRZ
Pos
Max Supply: 80 million Drz


Proof Of Work Info

Block Time: 2 minutes
Block Minting: 100 Blocks
modifier interval: 10 Minutes
Target Timespan: 16 Minutes

Block Rewards:

1 = 5,500,000 FOR COIN SWAP all unswapped coins will be DESTROYED.
2 and after 0 DRZ per block

port: 5914        rpcport: 5915
TestNet: 25914   TestNet: 25915



Proof Of Stake Info

Block Time: 2 minutes
Block Minting: 100 Blocks

Min Stake Age: 3 hours
Max Stake Age: Unlimited. (if any issues it will be adjusted)

Proof Of Stake Reward: 0.013 % Per Day or 5% Per Year (Which ever is easiest for you to understand.


port: 5914        rpcport: 5915
TestNet: 25914   TestNet: 25915



Transactions

tx confirmations: 4 blocks

Tx Fee: 0.0001




START_MASTERNODE_PAYMENTS_TESTNET 1451563200 // Thu, 31 Dec 2015 12:00:00 GMT
START_MASTERNODE_PAYMENTS 1452772800 //Thu, 14 Jan 2016 12:00:00 GMT



Masternode min conf: 10

Masternode payments: 10x more than usual pos



Darksend

Fee:  0.001
Collateral:  999.99
Pool Max: 9999.99


InstantX sigs Req: 10

InstantX sigs Tot: 18

WITH THE EXCHANGE TABS FROM 2.4 Coalition WHICH WILL BE ADDED ALSO


The 5,500,000 is there only for the swap nothing else the reason we put 5.5 mil instead of the supply now is we are not sure how quick/long the swap will take as that depends on the users

ok ... so drays was right ...

no hardfork - no code change ... just a straight 'new' coin release with new blockchain and new code ... and a trade-in on coins ...

nice to know this a day in advance ... :| ...

masternode implementation on testnet only? ... or are we talking going the whole hog and just releasing? ...

#crysx

[Frazazel]

ok ... so drays was right ...

no hardfork - no code change ... just a straight 'new' coin release with new blockchain and new code ... and a trade-in on coins ...

nice to know this a day in advance ... :| ...

masternode implementation on testnet only? ... or are we talking going the whole hog and just releasing? ...

#crysx

Yes he was/is very very close 

No as we feel that would entail to much hassle for all of us, We feel a new coin with said features already is easier & quicker then we can work on adding in the other tabs/things with 0 problems.

The trade will Occur with a ratio of 1:1 if we do go ahead with this.

We can look into new dates for release. ( you will still be able to use your Droidz wallet even with the swap wallet running as we need all to be able to swap with ease.)

Masternode's Will be for both, If you look at the post the main net masternodes are due to start 14 Jan 2016 two weeks after testnet masternodes have started (again we can change this if needed.)

[helloeverybody]

Sounds interesting, im happy to go with whatever the general consensus is. I dont hold much but whatver is best in the interest of the coin is probably the best thing tyo do. Maybe those with more knowledge on it can give their opinion.

Also if this was to go ahead would i be better buying more drz now or after the new coin is released?

[drays]

yeah, looks like my guess was correct. But I would really like to listen a bit more from Frazazel, so he could explain why launching a new blockchain is really neccesary. All we know that making a coin swap is not a decision to be done easily - there should be serious reasons to do so (except the amount of work which needs to be done such as updating exchanges, there will be people who will miss the coin swap, and complain later).

I would be also interested to listen from crysx and any other experienced devs - do you agree these new features are too hard to be implemented in the existing blockchain..?

If swap is really needed - why not to do it, but lets make sure we really need to do that. There should be a fair time window for the swap too...

One more point - the new spacs seem to be good, except for this part: "Masternode payments: 10x more than usual pos". Does it mean (5%+10x5%=55%) inflation on the new chain?

[Splatters]

The last swap I was in it was the BTX swap on CCEX, at the end nothing happen to the coin, and the price stayed low and never went up.

[drays]

The last swap I was in it was the BTX swap on CCEX, at the end nothing happen to the coin, and the price stayed low and never went up.

I guess this one should be different. First of all, DRZ exists on many exchanges, so swap process probably should be done outside of any exchange.
And most importantly, there seem to be serious development being done here, and a good team behind this . If the MN price and MN/staking share is chosen correctly, it could give a new life to the coin.

[Splatters]

The last swap I was in it was the BTX swap on CCEX, at the end nothing happen to the coin, and the price stayed low and never went up.

I guess this one should be different. First of all, DRZ exists on many exchanges, so swap process probably should be done outside of any exchange.
And most importantly, there seem to be serious development being done here, and a good team behind this . If the MN price and MN/staking share is chosen correctly, it could give a new life to the coin.

even BTX seems to have a good development. btw, we can try the swap.

[GREEDYJOHN]

Sounds interesting, im happy to go with whatever the general consensus is. I dont hold much but whatver is best in the interest of the coin is probably the best thing tyo do. Maybe those with more knowledge on it can give their opinion.

Also if this was to go ahead would i be better buying more drz now or after the new coin is released?

Prices normally spike after coin-swap (if we are successful). This is because it creates more exposure, it brings old members back, it stimulates trade and we get the advantage of more features = masternodes and anonymous transactions (I see this in the picture).

LETS VOTE

 

[Frazazel]

yeah, looks like my guess was correct. But I would really like to listen a bit more from Frazazel, so he could explain why launching a new blockchain is really neccesary. All we know that making a coin swap is not a decision to be done easily - there should be serious reasons to do so (except the amount of work which needs to be done such as updating exchanges, there will be people who will miss the coin swap, and complain later).

I would be also interested to listen from crysx and any other experienced devs - do you agree these new features are too hard to be implemented in the existing blockchain..?

If swap is really needed - why not to do it, but lets make sure we really need to do that. There should be a fair time window for the swap too...

One more point - the new spacs seem to be good, except for this part: "Masternode payments: 10x more than usual pos". Does it mean (5%+10x5%=55%) inflation on the new chain?

Honestly if we do the coin swap we'd say it is easier for all.

Why?

Because that way we can ensure all exchanges and users of droidz are runing both Droidz & the new droidz wallet simultaneous

Meaning exchanges will only have to swap over from 1 coin to the other.

So if bittrex agrees we would ask them to lock all drz in the wallet so none can be withdrawn/deposited/traded so we can then send the amount to them that needs to be changed. all they would then have to do is swap coins and remove the previous drz wallet.


The reason we wish for a new coin is this.

The Main feature we want ie Masternodes is already in the new Droidz Src code.

Is it necessary honestly No, but we feel if you want masternodes it will be more effective if we start from scratch and add in the tabs we did with droidz so far to the new source.

Rather than faffing around with the src code like we was (We have tried numerous times but the same issues Occur It will not Sync At all even when we place checpoints in the code  & the genesis block keeps resetting itself. so we took the decision to create a new droidz from scratch which we can confirm works.

As it stands there is nothing wrong at all with droidz how it is. The chain works perfect and so too do the wallets albeit there is 4 versions out at the moment.

The Masternodes reward will be 5% x 10 = 50% POS per year instead of the usual 5%

The Time Swap window will last 4 Weeks Exactly any coins still not claimed by then will be Burnt

The coin Swap is For feature Enhancements Not Price Manipulation

[Frazazel]

Voting Poll Added too. Lets see what our Droidz Users decide. I will end it on the 2nd of Jan

[Frazazel]

I like the idea of a swap, but 80 million max supply? No, No, No, and No.

If you would look at the current source code you will see that too says 80 Million thats why we chose it

[GREEDYJOHN]

btw the swap should be something like merge DRZ with another coin, give one the feature of the other one, if I'm right

The DEV explained something similar at bottom of this page.

[GREEDYJOHN]

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!

What do you mean by this?

[Frazazel]

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