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blackchopper (OP)
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July 23, 2017, 09:38:35 PM |
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We should have the wallet update done in the near future.
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johnantony
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July 24, 2017, 10:56:05 AM |
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how is it possible, 230% yearly staking and i receive transaction istantanealy, simply amazing. dev 230% is only for first year?
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doyeen
Member
 Offline
Activity: 97
Merit: 10
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July 24, 2017, 01:24:42 PM |
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blackchopper (OP)
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July 24, 2017, 09:58:58 PM |
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how is it possible, 230% yearly staking and i receive transaction istantanealy, simply amazing. dev 230% is only for first year?
It's 230% yearly, every year. |
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Agozyen
Sr. Member
Offline
Activity: 672
Merit: 252
Until the end
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July 25, 2017, 02:17:31 AM |
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how is it possible, 230% yearly staking and i receive transaction istantanealy, simply amazing. dev 230% is only for first year?
It's 230% yearly, every year. Does this change the 'rare' status at all? |
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blackchopper (OP)
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July 25, 2017, 03:19:11 AM |
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how is it possible, 230% yearly staking and i receive transaction istantanealy, simply amazing. dev 230% is only for first year?
It's 230% yearly, every year. Does this change the 'rare' status at all? Define rare. |
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Agozyen
Sr. Member
Offline
Activity: 672
Merit: 252
Until the end
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July 25, 2017, 11:48:46 AM |
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how is it possible, 230% yearly staking and i receive transaction istantanealy, simply amazing. dev 230% is only for first year?
It's 230% yearly, every year. Does this change the 'rare' status at all? Define rare. [ANN] PlatinumBAR XPTX - Rare Cryptocurrency with PoW / PoS (230%) ... When originally announced it was 23% IIRC, now it's 230%. This will affect the total supply of coins. 230% is compelling since it is a massive amount of interest. The 100 XPTX I bought yesterday on Cryptopia will turn into almost 40,000 XPTX in 5 years. The growth rate is exponential. In 10 years the total supply of XPTX will be over 15,000,000,000 coins and my little stockpile of 100 coins will have turned into 15,000,000 coins. In 20 Years the supply will be 2,300,000,000,000,000. I am not smart enough to know how this will affect the future value of the coin or what Crypto will look like i n 5-10 years, so this may all be irrelevant. |
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blackchopper (OP)
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July 25, 2017, 12:52:40 PM |
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how is it possible, 230% yearly staking and i receive transaction istantanealy, simply amazing. dev 230% is only for first year?
It's 230% yearly, every year. Does this change the 'rare' status at all? Define rare. [ANN] PlatinumBAR XPTX - Rare Cryptocurrency with PoW / PoS (230%) ... When originally announced it was 23% IIRC, now it's 230%. This will affect the total supply of coins. 230% is compelling since it is a massive amount of interest. The 100 XPTX I bought yesterday on Cryptopia will turn into almost 40,000 XPTX in 5 years. The growth rate is exponential. In 10 years the total supply of XPTX will be over 15,000,000,000 coins and my little stockpile of 100 coins will have turned into 15,000,000 coins. In 20 Years the supply will be 2,300,000,000,000,000. I am not smart enough to know how this will affect the future value of the coin or what Crypto will look like i n 5-10 years, so this may all be irrelevant. The rate can always be changed in the future depending on what the community wants. Right now we're going with the 230%. |
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Agozyen
Sr. Member
Offline
Activity: 672
Merit: 252
Until the end
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July 25, 2017, 01:11:23 PM |
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how is it possible, 230% yearly staking and i receive transaction istantanealy, simply amazing. dev 230% is only for first year?
It's 230% yearly, every year. Does this change the 'rare' status at all? Define rare. [ANN] PlatinumBAR XPTX - Rare Cryptocurrency with PoW / PoS (230%) ... When originally announced it was 23% IIRC, now it's 230%. This will affect the total supply of coins. 230% is compelling since it is a massive amount of interest. The 100 XPTX I bought yesterday on Cryptopia will turn into almost 40,000 XPTX in 5 years. The growth rate is exponential. In 10 years the total supply of XPTX will be over 15,000,000,000 coins and my little stockpile of 100 coins will have turned into 15,000,000 coins. In 20 Years the supply will be 2,300,000,000,000,000. I am not smart enough to know how this will affect the future value of the coin or what Crypto will look like i n 5-10 years, so this may all be irrelevant. The rate can always be changed in the future depending on what the community wants. Right now we're going with the 230%. Oh I'm happy with 230%! I was just a little concerned about the future. Another way to deal with the interest should it ever become a problem might be to give people a reason to burn their coins in exchange for getting something that they can only get by burning their coins. IDK, something unmineable and unstakeable...call it Platinum Ingots. Either way I'm on board  |
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blackchopper (OP)
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July 25, 2017, 04:17:59 PM |
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how is it possible, 230% yearly staking and i receive transaction istantanealy, simply amazing. dev 230% is only for first year?
It's 230% yearly, every year. Does this change the 'rare' status at all? Define rare. [ANN] PlatinumBAR XPTX - Rare Cryptocurrency with PoW / PoS (230%) ... When originally announced it was 23% IIRC, now it's 230%. This will affect the total supply of coins. 230% is compelling since it is a massive amount of interest. The 100 XPTX I bought yesterday on Cryptopia will turn into almost 40,000 XPTX in 5 years. The growth rate is exponential. In 10 years the total supply of XPTX will be over 15,000,000,000 coins and my little stockpile of 100 coins will have turned into 15,000,000 coins. In 20 Years the supply will be 2,300,000,000,000,000. I am not smart enough to know how this will affect the future value of the coin or what Crypto will look like i n 5-10 years, so this may all be irrelevant. The rate can always be changed in the future depending on what the community wants. Right now we're going with the 230%. Oh I'm happy with 230%! I was just a little concerned about the future. Another way to deal with the interest should it ever become a problem might be to give people a reason to burn their coins in exchange for getting something that they can only get by burning their coins. IDK, something unmineable and unstakeable...call it Platinum Ingots. Either way I'm on board Yea, 230% works for most people.  We'll probably have to address the high staking in the future. |
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blackchopper (OP)
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July 25, 2017, 06:36:40 PM |
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While working on the update, we considered doing a swap to an X11 PoW / PoS coin.
Obviously there are advantages and disadvantages.
I think an X11 coin would attract more people from the community at large. We'd also be able to use a newer client with more features vs. integrating items into the existing client - which isn't great TBH.
If we did this we'd probably adjust the staking percentage. The adjustment could be discussed.
What does the community think about a swap to a new chain?
This is just an idea. We wanted to get feedback from the community as to what they thought.
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vzykov
Newbie
Offline
Activity: 2
Merit: 0
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July 26, 2017, 01:10:48 AM |
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Sorry for the noob question, but what are the requirements for staking? Do I have to do anything in my wallet (Mac GUI PlatinumBar Core wallet), or just wait for the incoming transactions to age a certain amount of time before my balance moves from "spendable" to "stake"?
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thefix
Legendary
Offline
Activity: 1049
Merit: 1001
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July 26, 2017, 03:43:51 AM |
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While working on the update, we considered doing a swap to an X11 PoW / PoS coin.
Obviously there are advantages and disadvantages.
I think an X11 coin would attract more people from the community at large. We'd also be able to use a newer client with more features vs. integrating items into the existing client - which isn't great TBH.
If we did this we'd probably adjust the staking percentage. The adjustment could be discussed.
What does the community think about a swap to a new chain?
This is just an idea. We wanted to get feedback from the community as to what they thought.
It would really depend on what features will be implemented in the new client and if its something that the community could get behind. I think we need much more information before anyone can make an informed decision regarding this swap. |
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blackchopper (OP)
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July 26, 2017, 03:47:08 AM |
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While working on the update, we considered doing a swap to an X11 PoW / PoS coin.
Obviously there are advantages and disadvantages.
I think an X11 coin would attract more people from the community at large. We'd also be able to use a newer client with more features vs. integrating items into the existing client - which isn't great TBH.
If we did this we'd probably adjust the staking percentage. The adjustment could be discussed.
What does the community think about a swap to a new chain?
This is just an idea. We wanted to get feedback from the community as to what they thought.
It would really depend on what features will be implemented in the new client and if its something that the community could get behind. I think we need much more information before anyone can make an informed decision regarding this swap. The swap would just be the starting point. New features wouldn't be added to the base coin until after the swap (besides features that came along with the codebase we decided to use for the swap). |
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blackchopper (OP)
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July 26, 2017, 03:48:02 AM |
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Sorry for the noob question, but what are the requirements for staking? Do I have to do anything in my wallet (Mac GUI PlatinumBar Core wallet), or just wait for the incoming transactions to age a certain amount of time before my balance moves from "spendable" to "stake"?
Yes, you have to wait a certain amount of time for the coins to start staking. Make sure your wallet is unlocked (if you locked it) so that staking can happen. |
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thefix
Legendary
Offline
Activity: 1049
Merit: 1001
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July 26, 2017, 04:01:13 AM |
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While working on the update, we considered doing a swap to an X11 PoW / PoS coin.
Obviously there are advantages and disadvantages.
I think an X11 coin would attract more people from the community at large. We'd also be able to use a newer client with more features vs. integrating items into the existing client - which isn't great TBH.
If we did this we'd probably adjust the staking percentage. The adjustment could be discussed.
What does the community think about a swap to a new chain?
This is just an idea. We wanted to get feedback from the community as to what they thought.
It would really depend on what features will be implemented in the new client and if its something that the community could get behind. I think we need much more information before anyone can make an informed decision regarding this swap. The swap would just be the starting point. New features wouldn't be added to the base coin until after the swap (besides features that came along with the codebase we decided to use for the swap). Anything that makes the development process easier is a win in my book, do you have an idea of a time frame if you decided to go forward with it? |
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blackchopper (OP)
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July 26, 2017, 04:12:42 AM |
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Anything that makes the development process easier is a win in my book, do you have an idea of a time frame if you decided to go forward with it?
No time frame at this point. Just throwing it out there to see what people think of the idea. |
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tehMoonwalker
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July 26, 2017, 04:29:29 PM |
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Sorry for the noob question, but what are the requirements for staking? Do I have to do anything in my wallet (Mac GUI PlatinumBar Core wallet), or just wait for the incoming transactions to age a certain amount of time before my balance moves from "spendable" to "stake"?
Yes, you have to wait a certain amount of time for the coins to start staking. Make sure your wallet is unlocked (if you locked it) so that staking can happen. is it still 230% staking? what is the max supply? is there a guide for a commandline wallet on ubuntu 16? is there a slack channel? |
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ROBERTO
Legendary
Offline
Activity: 1421
Merit: 1001
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July 26, 2017, 04:49:42 PM |
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While working on the update, we considered doing a swap to an X11 PoW / PoS coin.
Obviously there are advantages and disadvantages.
I think an X11 coin would attract more people from the community at large. We'd also be able to use a newer client with more features vs. integrating items into the existing client - which isn't great TBH.
If we did this we'd probably adjust the staking percentage. The adjustment could be discussed.
What does the community think about a swap to a new chain?
This is just an idea. We wanted to get feedback from the community as to what they thought.
Maybe we need lot of more info Do you think to restart a mining phase? |
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blackchopper (OP)
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July 26, 2017, 08:20:43 PM
Last edit: July 26, 2017, 08:38:19 PM by blackchopper |
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Sorry for the noob question, but what are the requirements for staking? Do I have to do anything in my wallet (Mac GUI PlatinumBar Core wallet), or just wait for the incoming transactions to age a certain amount of time before my balance moves from "spendable" to "stake"?
Yes, you have to wait a certain amount of time for the coins to start staking. Make sure your wallet is unlocked (if you locked it) so that staking can happen. is it still 230% staking? what is the max supply? is there a guide for a commandline wallet on ubuntu 16? is there a slack channel? Yes, staking is 230%. No there isn't a guide. I don't use the CLI and there was never really a demand for CLI guide because most people probably use the mac or windows client. I'm sure there are guides out there for other coins which would apply to XPTX. No Slack channel. |
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