mebagger
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Activity: 79
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October 16, 2017, 04:38:44 AM |
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Are we thinking about forking MoonCoin or just re-branding?
I thought a hard fork was required to change the algo to lyra2m. I thought that was happening at block 1,140,000... maybe I'm wrong? Opps typo block 11,140,000 is what I meant. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Mr. Blond
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October 16, 2017, 08:57:14 AM |
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Why would this coin go up in value? And i m not trying to be rude, but the total amount is massive and there are so many coins.
I thought the whole purpose of crypto was to pay with 1 universal coin. The tokens i can understand as having business value. But to just have a coin which only represents the distance to the moon with no usecase and solely for that purpose be worth $1, I cant see it.
Mind you: this is not to offend anyone in any case. I am just trying to figure things out
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daniel634
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Activity: 138
Merit: 10
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October 16, 2017, 09:30:42 AM |
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Why would this coin go up in value? And i m not trying to be rude, but the total amount is massive and there are so many coins.
I thought the whole purpose of crypto was to pay with 1 universal coin. The tokens i can understand as having business value. But to just have a coin which only represents the distance to the moon with no usecase and solely for that purpose be worth $1, I cant see it.
Mind you: this is not to offend anyone in any case. I am just trying to figure things out
Have a look at the website and roadmap i think you will find it interesting the roadmap has been well thought out |
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GeneralC1
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October 16, 2017, 09:34:33 AM |
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I think that the dev team should do a better marketing. You eventually want that people will also use your platform right. However, i do think that price will rise significantly in the next days.
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Mooncoin_Foundation (OP)
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October 16, 2017, 11:31:58 AM
Last edit: October 16, 2017, 11:46:43 AM by Mooncoin_Foundation |
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I thought the whole purpose of crypto was to pay with 1 universal coin. The tokens i can understand as having business value. But to just have a coin which only represents the distance to the moon with no usecase and solely for that purpose be worth $1, I cant see it.
Mind you: this is not to offend anyone in any case. I am just trying to figure things out
It's a common bias. It's like to say that the whole purpose of traditional currencies was to pay with 1 currency (e.g. with $). The world economy needs many currencies to be stable, not to depend on one center which issues the currency. You know, the single point of failure. Besides, if you mean BTC, just answer one simple question: how many BTCs does usually one person own? Not more than 10 BTC, and for not rich countries usually is even less, even not more than 1 BTC. And now look at the distribution of BTC addresses (rich list): only 11 % of coins are on addresses with 0-10 BTC per one address, and only 3% of coins are on addresses with 0-1 BTC. That means that all common people (combined) own only 3% of BTC, do you believe that it is normal or fair? Another question which you have to answer: there are several billion people in the world, if the whole purpose was to pay with 1 currency, what supply should this currency have? 0.003 coins per person? As for tokens, in some cases they really can have business value, only if they are linked to real businesses with profit, and if this business somehow pays dividends to token owners, though in this case these tokens are securities and cannot be traded at Altcoin exchanges. If you look at tokens/ICOs, they usually don't provide a working business solution or real dividends, they usually are just tokens, with no working solutions at all, they only promise them. Logically, there are 2 variants: 1) tokens which are just tokens with no business value 2) tokens which have business value and they are securities with all legal issues after that. |
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daniel634
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October 16, 2017, 12:05:27 PM |
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I think that the dev team should do a better marketing. You eventually want that people will also use your platform right. However, i do think that price will rise significantly in the next days.
Marketing and promoting monncoin is up to all of the community not just the dev team i think that everybody is trying very hard and not enough credit is given People are taking advantage of the cheap price while it lasts 1sat very cheap I also think the price will increase in the very near future i think this an exiting time for mooncoin |
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mebagger
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October 16, 2017, 04:03:02 PM |
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Does anyone know when the hard-fork is scheduled to happen? And when it is going to go live? Is it going to be like BTG where the fork happens on the 25th and then the live date is like Nov 1st ... something like that?
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Fitness-tools
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October 16, 2017, 04:04:28 PM |
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So what makes this coin unique?
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Mooncoin_Foundation (OP)
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October 16, 2017, 06:43:33 PM |
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So what makes this coin unique?
Some features make Mooncoin unique, e.g. other coins don't have supply of 385 bil, and MOON is the first coin which is going to use the BalloonHash algo: At first I was pleased with the new algorithm 'Lyra2M'; however it wasn't perfect, often causing users machines to become quite sluggish and unusable. Additionally, I've had several hints that pools were ready to jump in at the block height of the fork, due to the pre-release of the cpuminer (it is possible to roughly setup a stratum based on available source code); as well as the nagging doubts as to a GPU miner being possible and/or written. So with this in mind, i'd like to announce that we will be the first Cryptocurrency to utilize the BalloonHash password hashing algorithm (url https://crypto.stanford.edu/balloon/ whitepaper https://eprint.iacr.org/2016/027.pdf). Comparable in strength; yet more durable and resistant to attack than Argon2. https://www.youtube.com/watch?v=HI3d-Typ_JY(quick video showing the new algorithm solving for a block) Additionally; the new release will benefit from the Litecoin 13.3 codebase (with segwit), extensions for the Moonlite/Moonword platform; as well as a much needed retarget algorithm (with self-lowering difficulty after timeout). Thankyou to those who have held on; it has been one epic ride, baz. your question though is not about unique features, it's about what makes Mooncoin interesting what other coins don't have. There are 2 important things: 1) MOON is one of very few decentralised coins which are suitable for worldwide adoption theoretically, it has a name, big community, low inflation, fast block time, appropriate supply, it's not just for fun, also it's fair, it's not a token, etc. 2) there are unique projects already made and being made from scratch in the Mooncoin ecosystem, other coins don't have them/or even anything similar to them, e.g. Smart Likes. |
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Mooncoin_Foundation (OP)
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October 16, 2017, 07:01:14 PM |
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Also people ask the questions about the upcoming fork, which aims to solve problems with pauses between blocks, to add Segwit and other improvements. First of all, the developer who is solely developing the new wallet is barrysty1e. He will post an update in this ANN thread and will publish a new code and binaries at https://github.com/mooncoindev. If you have coins at exchanges or in paper wallets, nothing to do. Exchanges will update the wallet. Paper wallets are just pairs private key-address which are stable and don't depend on a version of Mooncoin wallet. If you use a desktop wallet, then you have to download and run a new wallet when it's ready (to backup your wallet.dat is always a good idea though). I don't know more details currently (what will be the fork block...), waiting for the update from the Mooncoin dev, barrysty1e. |
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polemarhos888
Sr. Member
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Activity: 499
Merit: 250
To The Moon !
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October 17, 2017, 04:48:41 AM |
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Also people ask the questions about the upcoming fork, which aims to solve problems with pauses between blocks, to add Segwit and other improvements. First of all, the developer who is solely developing the new wallet is barrysty1e. He will post an update in this ANN thread and will publish a new code and binaries at https://github.com/mooncoindev. If you have coins at exchanges or in paper wallets, nothing to do. Exchanges will update the wallet. Paper wallets are just pairs private key-address which are stable and don't depend on a version of Mooncoin wallet. If you use a desktop wallet, then you have to download and run a new wallet when it's ready (to backup your wallet.dat is always a good idea though). I don't know more details currently (what will be the fork block...), waiting for the update from the Mooncoin dev, barrysty1e. Good morning ! I believe that the good news are close...  |
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Bitbobb
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October 17, 2017, 05:50:25 AM |
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I thought the whole purpose of crypto was to pay with 1 universal coin. The tokens i can understand as having business value. But to just have a coin which only represents the distance to the moon with no usecase and solely for that purpose be worth $1, I cant see it.
Mind you: this is not to offend anyone in any case. I am just trying to figure things out
It's a common bias. It's like to say that the whole purpose of traditional currencies was to pay with 1 currency (e.g. with $). The world economy needs many currencies to be stable, not to depend on one center which issues the currency. You know, the single point of failure. Besides, if you mean BTC, just answer one simple question: how many BTCs does usually one person own? Not more than 10 BTC, and for not rich countries usually is even less, even not more than 1 BTC. And now look at the distribution of BTC addresses (rich list): only 11 % of coins are on addresses with 0-10 BTC per one address, and only 3% of coins are on addresses with 0-1 BTC. That means that all common people (combined) own only 3% of BTC, do you believe that it is normal or fair? Another question which you have to answer: there are several billion people in the world, if the whole purpose was to pay with 1 currency, what supply should this currency have? 0.003 coins per person? As for tokens, in some cases they really can have business value, only if they are linked to real businesses with profit, and if this business somehow pays dividends to token owners, though in this case these tokens are securities and cannot be traded at Altcoin exchanges. If you look at tokens/ICOs, they usually don't provide a working business solution or real dividends, they usually are just tokens, with no working solutions at all, they only promise them. Logically, there are 2 variants: 1) tokens which are just tokens with no business value 2) tokens which have business value and they are securities with all legal issues after that. data for bitcoin distribution may have problems when you consider that most users will never use the same address two times in a row plus any change address. So the result is that many smaller addresses make up the total number of bitcoins someone may hold. I realize this does not apply to everyone but you will not be able to determine what percentage of the data represents these scenarios, can you? |
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altay76
Member
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Activity: 206
Merit: 26
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October 17, 2017, 08:26:58 AM |
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Why would this coin go up in value? And i m not trying to be rude, but the total amount is massive and there are so many coins.
I thought the whole purpose of crypto was to pay with 1 universal coin. The tokens i can understand as having business value. But to just have a coin which only represents the distance to the moon with no usecase and solely for that purpose be worth $1, I cant see it.
Mind you: this is not to offend anyone in any case. I am just trying to figure things out
WİRNİNG NO BUY |
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pollforall
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October 18, 2017, 10:16:28 AM |
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Hello to all , after the successfully request to me for the creation of online wallet i inform you:
Approximately in a week and based some details as domain name and etc I will complete by requested the Mooncoin online wallet , will inform here when have results
hello to all , soon will be up online wallet, in progress adaptation and testing. |
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polemarhos888
Sr. Member
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Activity: 499
Merit: 250
To The Moon !
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October 18, 2017, 11:07:53 AM
Last edit: October 18, 2017, 11:22:51 AM by polemarhos888 |
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Hello to all , after the successfully request to me for the creation of online wallet i inform you:
Approximately in a week and based some details as domain name and etc I will complete by requested the Mooncoin online wallet , will inform here when have results
hello to all , soon will be up online wallet, in progress adaptation and testing. Good afternoon. Great news ! I have started the mining of Mooncoin too. So, I'm curious to see the daily sum of mining coins... |
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Bitbobb
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October 18, 2017, 12:32:15 PM |
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there is a tip bot that has been built for the discord server!
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atliens99
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Activity: 392
Merit: 13
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October 18, 2017, 12:59:33 PM |
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I agree that mooncoin would be a great currency. Bitcoin is valuable but not really a good currency, over 5000 dollars per nuit. A currency is better with mooncoin since it has a high supply and the value may be closer to a dollar/ euro in the future.
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nothingtosee
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Activity: 76
Merit: 10
Blocklancer - Freelance on the Blockchain
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October 20, 2017, 07:55:56 AM |
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How can I use the Paperwallet to send funds? Is there any tutorial? It would be nice to know. Can somebody help me?
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vutaijay
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Activity: 122
Merit: 10
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October 20, 2017, 08:28:14 AM |
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I believe that the good news are close.
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