[ANN] [DRZ-V3] [DROIDZ-V3] [ANTI-INSTAMINE] - A FRESH NEW START - WALLET 3.0.1

[drays]

I would like to note once again - 25K is too big amount IMHO, due to few reasons. I believe the old agreed number (10K) would be better for Droidz, especially in current situation. Would be nice to organize a poll on this.

*******************************
Here are some details on why I tell so... I cannot be 100% sure 10K would be better amount, but I feel that way due to the following:

 - bigger amounts are good only for whales - so they can use their position to further increase their share and completely dominate. As far as I understand the MN has twice bigger effect on overall supply than the regular staking (10% for MN vs just 5% for stakers). So the ones who own masternodes, will have bigger advantege than stakers. Rich will become richer, poor will become poorer (due to his share decreasing). That's not healthy and will draw away smaller investors, who actually create community.

 - in current situation, when big amount of supply is in wrong hands (people who stole the coins), we have some "rich", who are not interested in project, just want to get as much money as they can in exchange of their loot. We need to minimize effect of those persons (by giving more chances to the smaller investors), so they have to spend a lot of resources (aka servers computational power) to run many masternodes, and finally could want to dump their stash instead. The sooner they dump it, the better is for honest community members.

 - masternodes should not be a privilege for the rich. They are fun to run, and this fun should help to attract more people, regardless of their share.

We need to make DRZ a fair coin. With bigger MN amount I don't feel it is fair.

And one more point: I know someone (for example crysx ) could bring his own arguments, which may sound pretty good, and they might be better than mine. I really don't want to carry lengthy discussions over this, actually I don't want to argue at all, because (a) I don't see much value in arguments over a topic which is pretty much unknown to both parties, and (b) as I said I am not 100% sure in what I tell above. I just wanted my opinion to be heard, and I want the number to be chosen by community (via a poll, for example), rather just set by the devs, even if they do what they consider to be the best for the project.

Isn't this a community project after all?

[Klaasje]

I would like to note once again - 25K is too big amount IMHO, due to few reasons. I believe the old agreed number (10K) would be better for Droidz, especially in current situation. Would be nice to organize a poll on this.

*******************************
Here are some details on why I tell so... I cannot be 100% sure 10K would be better amount, but I feel that way due to the following:

 - bigger amounts are good only for whales - so they can use their position to further increase their share and completely dominate. As far as I understand the MN has twice bigger effect on overall supply than the regular staking (10% for MN vs just 5% for stakers). So the ones who own masternodes, will have bigger advantege than stakers. Rich will become richer, poor will become poorer (due to his share decreasing). That's not healthy and will draw away smaller investors, who actually create community.

 - in current situation, when big amount of supply is in wrong hands (people who stole the coins), we have some "rich", who are not interested in project, just want to get as much money as they can in exchange of their loot. We need to minimize effect of those persons (by giving more chances to the smaller investors), so they have to spend a lot of resources (aka servers computational power) to run many masternodes, and finally could want to dump their stash instead. The sooner they dump it, the better is for honest community members.

 - masternodes should not be a privilege for the rich. They are fun to run, and this fun should help to attract more people, regardless of their share.

We need to make DRZ a fair coin. With bigger MN amount I don't feel it is fair.

And one more point: I know someone (for example crysx ) could bring his own arguments, which may sound pretty good, and they might be better than mine. I really don't want to carry lengthy discussions over this, actually I don't want to argue at all, because (a) I don't see much value in arguments over a topic which is pretty much unknown to both parties, and (b) as I said I am not 100% sure in what I tell above. I just wanted my opinion to be heard, and I want the number to be chosen by community (via a poll, for example), rather just set by the devs, even if they do what they consider to be the best for the project.

Isn't this a community project after all?

At some things your right but!
Iff MN are cheaper the so called "rich" just make more MN dont you think? And so the rich get richer it will stay the same in the end

[psychofractor]

Wut? My 2.5 wallet started staking even though the wallet was locked!

Now I can't move the rest of my coins... The blockchain moves so slowly that I afraid I won't get the confimations I need, then what? I unlocked the wallet to help others move along as well.

Is there a way to stop staking other than a locked wallet (which didn't help)?

[CryptoMaik]

Wut? My 2.5 wallet started staking even though the wallet was locked!

Now I can't move the rest of my coins... The blockchain moves so slowly that I afraid I won't get the confimations I need, then what? I unlocked the wallet to help others move along as well.

Is there a way to stop staking other than a locked wallet (which didn't help)?

Add
staking=0

to your conf file

[drays]

Wut? My 2.5 wallet started staking even though the wallet was locked!

Now I can't move the rest of my coins... The blockchain moves so slowly that I afraid I won't get the confimations I need, then what? I unlocked the wallet to help others move along as well.

Is there a way to stop staking other than a locked wallet (which didn't help)?

Add
staking=0

to your conf file

Or reserve an amount bigger than you have (Options->Main-Reserve). I also have some coins stuck in staking. I believe they will go out of staking in about 7-8 hours, if the network stakes with the same speed.

[drays]

I would like to note once again - 25K is too big amount IMHO, due to few reasons. I believe the old agreed number (10K) would be better for Droidz, especially in current situation. Would be nice to organize a poll on this.

*******************************
Here are some details on why I tell so... I cannot be 100% sure 10K would be better amount, but I feel that way due to the following:

 - bigger amounts are good only for whales - so they can use their position to further increase their share and completely dominate. As far as I understand the MN has twice bigger effect on overall supply than the regular staking (10% for MN vs just 5% for stakers). So the ones who own masternodes, will have bigger advantege than stakers. Rich will become richer, poor will become poorer (due to his share decreasing). That's not healthy and will draw away smaller investors, who actually create community.

 - in current situation, when big amount of supply is in wrong hands (people who stole the coins), we have some "rich", who are not interested in project, just want to get as much money as they can in exchange of their loot. We need to minimize effect of those persons (by giving more chances to the smaller investors), so they have to spend a lot of resources (aka servers computational power) to run many masternodes, and finally could want to dump their stash instead. The sooner they dump it, the better is for honest community members.

 - masternodes should not be a privilege for the rich. They are fun to run, and this fun should help to attract more people, regardless of their share.

We need to make DRZ a fair coin. With bigger MN amount I don't feel it is fair.

And one more point: I know someone (for example crysx ) could bring his own arguments, which may sound pretty good, and they might be better than mine. I really don't want to carry lengthy discussions over this, actually I don't want to argue at all, because (a) I don't see much value in arguments over a topic which is pretty much unknown to both parties, and (b) as I said I am not 100% sure in what I tell above. I just wanted my opinion to be heard, and I want the number to be chosen by community (via a poll, for example), rather just set by the devs, even if they do what they consider to be the best for the project.

Isn't this a community project after all?

At some things your right but!
Iff MN are cheaper the so called "rich" just make more MN dont you think? And so the rich get richer it will stay the same in the end

Not exactly

yes, "rich" will have 10 MN, "poor" will have just 1 MN..
BUT!
But their shares in the supply will increase at the same rate, so both rich and poor have exactly the same chances!

While if "poor" doesn't have MN at all, he has to just stake, and the stake interest is much less than MN interest, so his share will decrease over time.

[CryptoMaik]

wait 24 hs.

Nothing happens, still 0 unconfirmed and no swapping.

[GREEDYJOHN]

I am happy that this coin is gathering momentum

[drays]

wait 24 hs.

Nothing happens, still 0 unconfirmed and no swapping.

Looks like your transaction did not go through by some reason, and your coins are still in your wallet.
Try to restart the wallet with "-salvagewallet" parameter, you will see your coins still on your balance. Then make sure you are synced and have at least 2-3 connections, and make your transaction again.

[GREEDYJOHN]

I would like to note once again - 25K is too big amount IMHO, due to few reasons. I believe the old agreed number (10K) would be better for Droidz, especially in current situation. Would be nice to organize a poll on this.

*******************************
Here are some details on why I tell so... I cannot be 100% sure 10K would be better amount, but I feel that way due to the following:

 - bigger amounts are good only for whales - so they can use their position to further increase their share and completely dominate. As far as I understand the MN has twice bigger effect on overall supply than the regular staking (10% for MN vs just 5% for stakers). So the ones who own masternodes, will have bigger advantege than stakers. Rich will become richer, poor will become poorer (due to his share decreasing). That's not healthy and will draw away smaller investors, who actually create community.

 - in current situation, when big amount of supply is in wrong hands (people who stole the coins), we have some "rich", who are not interested in project, just want to get as much money as they can in exchange of their loot. We need to minimize effect of those persons (by giving more chances to the smaller investors), so they have to spend a lot of resources (aka servers computational power) to run many masternodes, and finally could want to dump their stash instead. The sooner they dump it, the better is for honest community members.

 - masternodes should not be a privilege for the rich. They are fun to run, and this fun should help to attract more people, regardless of their share.

We need to make DRZ a fair coin. With bigger MN amount I don't feel it is fair.

And one more point: I know someone (for example crysx ) could bring his own arguments, which may sound pretty good, and they might be better than mine. I really don't want to carry lengthy discussions over this, actually I don't want to argue at all, because (a) I don't see much value in arguments over a topic which is pretty much unknown to both parties, and (b) as I said I am not 100% sure in what I tell above. I just wanted my opinion to be heard, and I want the number to be chosen by community (via a poll, for example), rather just set by the devs, even if they do what they consider to be the best for the project.

Isn't this a community project after all?

I understand your argument, but people still have the chance to own a masternode, it will cost only 25k DRZ.

crysx already mentioned that coins with masternodes that are too cheap will always get abused. We want our masternodes to cost money, so that it costs money to earn privileged stake amounts.

The system will not be dominated by the rich. People who want to earn privileged stake need to pay for it. I hope that all the cheap Droidz get scooped up as soon as the swap process is complete.

Remember that coins in Masternodes are locked away from the system and cannot be spent. A high masternode value will encourage whales to keep their coins in Masternodes. This will increase scarcity, which will increase price. Also, a high masternode value will discourage people from keeping all of their coins in Masternodes - we still need some coins in fluid state, that are readily traded.

A high masternode value will reduce the effects of excess "run away" inflation. In the distant future, when DRZ has a coinage of 20m (this will take over 10 years compound interest), a masternode value of 25k DRZ will become more reasonable.
However, if we have a very low masternode value now, the masternodes may become unmanageable in the future, when coinage has vastly increased.

[soopy452000]

Backlog of a few swaps were complete successfully , I will be monitoring the process as it happens.

Warm Regards,
~SoopY~

[Klaasje]

Backlog of a few swaps were complete successfully , I will be monitoring the process as it happens.

Warm Regards,
~SoopY~

Nice work Soopy

Any comment on the MN price?

[endlessskill]

Received my first test swap DRZ!!!
Sending all my coins 

[GREEDYJOHN]

Received my first test swap DRZ!!!
Sending all my coins 

GOOD, please spread the word.

[Sniper76]

Me too, first test swap completed within 24 hours.

Last block on v2.5 chain is 5 hours ago old. Ii it normal? (sorry if dumb question, but prefer ask)

[GREEDYJOHN]

Me too, first test swap completed within 24 hours.

Last block on v2.5 chain is 5 hours ago old. Ii it normal? (sorry if dumb question, but prefer ask)

probably because people are not staking the DRZ v2.5. Chain will not move if people have their wallets closed.

[chrysophylax]

Me too, first test swap completed within 24 hours.

Last block on v2.5 chain is 5 hours ago old. Ii it normal? (sorry if dumb question, but prefer ask)

yes it is when the person that has the ALL the coins in the ONE wallet off line ( hullo soopy! ) ...

which is WHY i asked for a large number of coins to be placed into each node to keep the staking moving ... there is NO intention to swap those coins - as they too will be shut down and transfered to the burn wallet when the drz2 nodes get shutdown ... i am happy to make ALL transactions and wallet balances completely transparent to the community - so you can all see that the coins will NOT get moved and will NOT be accessible by anyone else ...

as it stands - the blockchain only moves quickly when the main drz2 wallet is online ... and that is not happening a lot ...

also - the more people that have the drz2 wallet open and staking - the better the PoS works ... its all about stake weight as well as open wallets for staking ...

this needs to change ...

trying to get soopy online on skype now ...

unless the community has objections with this ... then they can remain in the wallet soopy has control of ...

#crysx

[Sniper76]

Thanks guys for information, i better understand why now

I keep a look on thread for update.

[GREEDYJOHN]

EVERYBODY, please remember that the DEADLINE for all DROIDZ swaps is 9th March 2016, as soopy has stated earlier.

soopy cannot keep swap servers open forever, because he has other things to do with his time.

Your coins might be lost forever, if they are unswapped by 9th March 2016.

[GREEDYJOHN]

I repeat:

DEADLINE for all DROIDZ swaps is 9th March 2016, as soopy has stated earlier.

This date may not be extended. Unswapped coins might be lost FOREVER.