[ANN] Ħ [HODL] No Staking, 1% Standard Interest per Day, 750% APR For HOdlers

[FreeTrade]

The 2.0 release has been finalized on GitHub, please make sure your nodes are using version 2.0 or better of HOdlcoin.

New binaries are being prepared and will shortly be released.

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[ocminer]

The 2.0 release has been finalized on GitHub, please make sure your nodes are using version 2.0 or better of HOdlcoin.

New binaries are being prepared and will shortly be released.

I've updated Suprnova to the latest version, quite funny thing, it'll be the first pool which pays out 1 year after you've mined the block
It'll surely be fun explaining this to the miners, i'll just link to the thread here.

BTW: IMHO this was the most funny hard fork ever, decided within 2 days over a "nutocracy" vote nice

[peres]

The 2.0 release has been finalized on GitHub, please make sure your nodes are using version 2.0 or better of HOdlcoin.

New binaries are being prepared and will shortly be released.

My wallet is V1.0.0 - Do I have to upgrade it and how?

[pugilist555]

I guess been sleeping through all this drama.  Can someone advise what happens to my current holdings in deposit? They don't mature till Jan 2017

[peres]

I guess been sleeping through all this drama.  Can someone advise what happens to my current holdings in deposit? They don't mature till Jan 2017

Your wallet tells you when coins mature unless they changed that??

[FreeTrade]

The 2.0 release has been finalized on GitHub, please make sure your nodes are using version 2.0 or better of HOdlcoin.

New binaries are being prepared and will shortly be released.

I've updated Suprnova to the latest version, quite funny thing, it'll be the first pool which pays out 1 year after you've mined the block
It'll surely be fun explaining this to the miners, i'll just link to the thread here.

My job is to look after the interests of HOdlers.

[ocminer]

The 2.0 release has been finalized on GitHub, please make sure your nodes are using version 2.0 or better of HOdlcoin.

New binaries are being prepared and will shortly be released.

I've updated Suprnova to the latest version, quite funny thing, it'll be the first pool which pays out 1 year after you've mined the block
It'll surely be fun explaining this to the miners, i'll just link to the thread here.

My job is to look after the interests of HOdlers.

Yeah, I had a look at the poll and the reddit

[FreeTrade]

I guess been sleeping through all this drama.  Can someone advise what happens to my current holdings in deposit? They don't mature till Jan 2017

Your wallet tells you when coins mature unless they changed that??

No change to anything except miners will have to HOdl the block reward for one year after block 86000.

I expect it will result in a lower network hash rate, making it easier for HOdling miners.

[felixbrucker]

@ocminer https://hodl.suprnova.cc/index.php?page=api&action=getdashboarddata (mostly) always returns "503 Too Busy", this made me switch to blockquarry (i dont know if it supports the new fork)

i use my own mining dashboard which collects data from api, so it would be great if you could fix it

br

[in2tactics]

This hard-fork will have significant impacts on pool mining. If mined blocks are not built paying out the 50 HOdl reward to each miners address as is done in p2pool, then each miner will have to rely on the pool to make the necessary payout transaction after the blocks mature. Who is to say the pool operator is going to do the right thing and payout 50 HOdl + all interest? What happens if the pool discontinues operating for whatever reason? Miners will have to wait a whole year to find out if they are going to get paid.

[FreeTrade]

This hard-fork will have significant impacts on pool mining. If mined blocks are not built paying out the 50 HOdl reward to each miners address as is done in p2pool, then each miner will have to rely on the pool to make the necessary payout transaction after the blocks mature. Who is to say the pool operator is going to do the right thing and payout 50 HOdl + all interest? What happens if the pool discontinues operating for whatever reason? Miners will have to wait a whole year to find out if they are going to get paid.

One option is for pools to mine directly to pool users address as they reach a balance of 50 HODL. I agree though, it's going to be more difficult to administer and participate in pools. 

[kaltun]

i didnt opened mij wallet for a month or so , and today i though let check the wallet , and my wallet doesn stake anymore,  does anybody know why it doesnt stake it anymore ??

[FreeTrade]

i didnt opened mij wallet for a month or so , and today i though let check the wallet , and my wallet doesn stake anymore,  does anybody know why it doesnt stake it anymore ??

Non HOdl'd balance stop earning interest after 30 days. You can HODL your funds, or just send them to yourself to start earning interest again.

[kaltun]

i didnt opened mij wallet for a month or so , and today i though let check the wallet , and my wallet doesn stake anymore,  does anybody know why it doesnt stake it anymore ??

Non HOdl'd balance stop earning interest after 30 days. You can HODL your funds, or just send them to yourself to start earning interest again.

and i did what you said, and immidiatly i received some hodl after sending it to my self --> thx m8

[ocminer]

This hard-fork will have significant impacts on pool mining. If mined blocks are not built paying out the 50 HOdl reward to each miners address as is done in p2pool, then each miner will have to rely on the pool to make the necessary payout transaction after the blocks mature. Who is to say the pool operator is going to do the right thing and payout 50 HOdl + all interest? What happens if the pool discontinues operating for whatever reason? Miners will have to wait a whole year to find out if they are going to get paid.

Suprnova is running more for than 2+ years now, you won't have to worry.

However you can still solo mine, nothing bad about that.

Or - you can vote against this decision and it'll be another fork at some point where this crazy change is reversed

[in2tactics]

This hard-fork will have significant impacts on pool mining. If mined blocks are not built paying out the 50 HOdl reward to each miners address as is done in p2pool, then each miner will have to rely on the pool to make the necessary payout transaction after the blocks mature. Who is to say the pool operator is going to do the right thing and payout 50 HOdl + all interest? What happens if the pool discontinues operating for whatever reason? Miners will have to wait a whole year to find out if they are going to get paid.

Suprnova is running more for than 2+ years now, you won't have to worry.

However you can still solo mine, nothing bad about that.

Or - you can vote against this decision and it'll be another fork at some point where this crazy change is reversed

I am not concerned about myself as I have always solo mined HOdl. Additionally, I was not trying to claim that the current pools have questionable operators. There are many reasons why a pool may suddenly shutdown before payouts occur and not all of them are nefarious. What I am trying to do is point out that this hard-fork brings a level of complexity that may have been unforeseen because of the unique interest earning nature of HOdl. I also believe that it is relevant to inform miners of the risk they are assuming by mining on pools after this hard-fork.

[ocminer]

This hard-fork will have significant impacts on pool mining. If mined blocks are not built paying out the 50 HOdl reward to each miners address as is done in p2pool, then each miner will have to rely on the pool to make the necessary payout transaction after the blocks mature. Who is to say the pool operator is going to do the right thing and payout 50 HOdl + all interest? What happens if the pool discontinues operating for whatever reason? Miners will have to wait a whole year to find out if they are going to get paid.

Suprnova is running more for than 2+ years now, you won't have to worry.

However you can still solo mine, nothing bad about that.

Or - you can vote against this decision and it'll be another fork at some point where this crazy change is reversed

I am not concerned about myself as I have always solo mined HOdl. Additionally, I was not trying to claim that the current pools have questionable operators. There are many reasons why a pool may suddenly shutdown before payouts occur and not all of them are nefarious. What I am trying to do is point out that this hard-fork brings a level of complexity that may have been unforeseen because of the unique interest earning nature of HOdl. I also believe that it is relevant to inform miners of the risk they are assuming by mining on pools after this hard-fork.

The question after all is - who will keep mining if you get paid in one year ? Who knows what the price will be after one year ? I'd rather mine EXP oder Sia and get paid NOW instead of (solo/pool-)mining <insertyourcoinhere> where the payouts get mature in one year.

It's a pretty harsh and imho thoughtlessly decision to stretch the mature time to one year, we're in crypto here, we want to spend and move around our funds, we're using airplanes to move from one continent to the other, we're not going by ship anymore ;-)

[FreeTrade]

The question after all is - who will keep mining if you get paid in one year ?

HOdlers. Exactly the people we want mining and HOdling the coin. Lots of people were mining and HOdling . . . now it's going to be easier for them as the dumpers leave.

[ocminer]

The question after all is - who will keep mining if you get paid in one year ?

HOdlers. Exactly the people we want mining and HOdling the coin. Lots of people were mining and HOdling . . . now it's going to be easier for them as the dumpers leave.

lol, you're a funny guy.. I see you're a talented coder but you don't seem to be able to actually understand what this change means.

There always miners, hodlers and also dumpers or lets call them "sellers" and "buyers"..

Miners always mine for a profit, because they invest electric energy to mine, they have to pay bills and thats why they sell their coins sooner or later.
If you want to hodl lots of coins, you can simply buy them as someone will always sell them for you much cheaper than you were able to mine them.

No one would simply mine and hodl a coin, why would anyone do that ?! You could also then just make the coins never mature, so you can hold forever
Miners need to pay their bills, regardless if the solo mine or if the mine in a pool, it just makes no difference...
If you cannot send around your coins, why mine ?

A coin needs to be tradeable to actually "survive" - what happens now is that the currently mined coins before the hard fork will remain tradeable and all the
other coins mined later will remain untradeable for at least one year - if the price drops, everyone will stop mining and the coin will get delisted from the exchanges quite soon, don't expect it to be re-added after the 1 year period ...

However, if you only want to HODL - the price shouldn't be of matter at all for you.

[joblo]

The question after all is - who will keep mining if you get paid in one year ?

HOdlers. Exactly the people we want mining and HOdling the coin. Lots of people were mining and HOdling . . . now it's going to be easier for them as the dumpers leave.

This hodler wishes he was a dumper, I'd be able to make a clean break. Now I'm stuck in a coin where the dev makes critical
changes on a whim using nutocracy as a cover for abdication of responsibility: "It was the hodlers that voted for it", "I'm just doing
what the hodlers want". What's the next knee jerk decision going to be? You're credibility and integrity are lost.

Sure the dumpers will leave but so will a lot of other miners, myself included. I stopped bying TDs when this nonsense started,
I will stop mining at block 86000 and will liquidate my TDs as they mature and the coin is still alive. I don't expect it to survive
the year.