chrysophylax
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--- ChainWorks Industries ---
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March 21, 2017, 02:08:11 AM |
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I had an idea to decrease the blockreward(including masternode reward) with the number of masternodes a whioe back, i no longer think that is a good solution but you might have a different view, this project will fail anyway, makes no difference.
well ... if you are so certain - why bother? ... situation here is very good - even though its in the planning process ... you know nothing of the background - otherwise you would have not mentioned that 'this project will fail anyway' ... had you known anything about the project - its history - the reasoning behind it - and more importantly - THE PEOPLE behind it - your choice of words WILL be a very different one ... hence why we ( cwi ) are here also ... im always amazed by comments like yours ... always ... but - be that as it may - do your research - and do your due diligence ... thats the only way to 'invest' into ANY project anyway - by 'investing' your time and effort ... if you believe this project will fail - or you believe this project will succeed - you are right ( henry ford said this ) ... because what you believe is what you will follow - and the consequences of what you do henceforth determines what will happen to YOU alone in future ... some of the most successful projects in the world at the moment - are considered failures in 'some' peoples eyes ( like bitcoin and dash for example ) ... big deal ... we will be following ( and backing ) this project as best we can ... no matter how big or small cwi becomes ... if not SOLELY for the fact that the people behind this project are determined solid respectable people ... thats it ... in 'our' eyes - this project will succeed ... tanx for you input mate ... #crysx |
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adolf512
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March 21, 2017, 10:21:41 AM |
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it is the concept of PoS/masternodes i have an issue with http://www.truthcoin.info/blog/pow-cheapest/#example-2-delegated-proof-of-stake-dpos but if you do have masternodes i think the reward should be decreased with the number of masternodes, resulting in a good distribution and we will not end up withvthe dash situation where almost all coins are locked into mastetnodes. |
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SockPuppetAccount
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March 21, 2017, 11:38:09 AM |
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Has the hashing algorithm been decided on yet? It is a DASH fork so that would seem to imply x11 but it is also an "economic fork" (as coins101 likes to call it) from SPR so I'm guessing spread-x11 maybe under consideration. I would strongly advise using x11 rather than spread-x11. I will be happy to explain my reasoning if I need to, but figured I'd ask first and save myself the keystrokes if x11 has already been decided on. I have no objection with going for 1,000 HLM from the start. There should be no in embarrassment in using Dash code as long as the plan is to use it as a foundation to build on and I don't think having the same 1000 Coin requirement is going to make HLM look like a simple clone. Especially over the long term.
Agreed. To be honest, I have no strong opinion on the question of masternode collateral but the thread has been very slow lately, so I felt obligated to pull an opinion out of my ass to help spark the discussion. |
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chrysophylax
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March 21, 2017, 11:42:10 AM |
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ok ... that seems fair enough ... though what number would you suggest - and in what opposition to ( dash for example? ) ? ... distribution is not all the that needs to be looked as well in my opinion ... the coin cap and what the masternodes will be used for ( servicenodes? ) ... algo - and solo / pool mining - as well as the miner ( which is determined by the algo of course ) ... all in all though - it will be an interesting project to watch and be involved in ... #crysx |
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chrysophylax
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March 21, 2017, 11:48:04 AM |
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Has the hashing algorithm been decided on yet? It is a DASH fork so that would seem to imply x11 but it is also an "economic fork" (as coins101 likes to call it) from SPR so I'm guessing spread-x11 maybe under consideration. I would strongly advise using x11 rather than spread-x11. I will be happy to explain my reasoning if I need to, but figured I'd ask first and save myself the keystrokes if x11 has already been decided on. I have no objection with going for 1,000 HLM from the start. There should be no in embarrassment in using Dash code as long as the plan is to use it as a foundation to build on and I don't think having the same 1000 Coin requirement is going to make HLM look like a simple clone. Especially over the long term.
Agreed. To be honest, I have no strong opinion on the question of masternode collateral but the thread has been very slow lately, so I felt obligated to pull an opinion out of my ass to help spark the discussion. out your ass? ... hahaha ... well - algo for me has ALWAYS been an issue on the spread front - even in the early days ... solo mining / pool mining always existed - and even when i was mining in a private pool - no one wanted to believe it was possible ... but there you have it ... so algo ( if it was a more standardized 'regular' algo ) would attract a greater number of miners ( and subsequent dumpers ... no - not me ) as well as community interest and investors ... let spread do what gerogem - i mean spread - does ... and let helium do what helium does ... but in reference to mining an algo that is 'easier' to mine - that has always been an argument i seemed to lose each and every time ... so i am in the same mindset about algo as i was in spr ... KISS - keep it simple stupid ... difficult mining algos DO have their place ... but not in a fork of this magnitude in my opinion ... #crysx |
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Diegox
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March 21, 2017, 11:48:58 AM |
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Will there be a bounty campaign?
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adolf512
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March 21, 2017, 12:30:32 PM |
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though what number would you suggest - and in what opposition to ( dash for example? ) ? ...
Maybe something like this 20% to development 30% to masternodes 50% to miners. https://www.docdroid.net/Vkl7a2E/helium.ods.html |
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coins101
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March 21, 2017, 01:17:32 PM |
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Will there be a bounty campaign?
You will be able to suggest a project work package, cost it, give some deliverables, some KPIs so your work can be judged and ask for a distribution from the project to pay you to do the work. Others should also be able to compete with you. Thinking about this, we'll probably also now ask that you show you have some connection with Helium, like you are part of the network. The threshold for that should be something but not prohibitive - a token gesture, as it were. |
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BonzoCorleone
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@bonzocorleonee
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March 22, 2017, 04:50:27 AM |
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Cant wait for spreadcoin snapshot to helium, hopefully exchange will agree to do snapshot there. Best of luck to both helium and spreadcoin team!
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Keep your Alts close, but your Bitcoin closer.
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somogyipeti
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March 22, 2017, 04:53:24 AM |
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Please use some nicer grapich in the OP devs  I tlooks like it made a 12 year old children |
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flaminius
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March 22, 2017, 08:53:31 AM |
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This looks interesting, and I look forward to seeing how it develops. I'm mining some spreadcoin now so I can get some helium later!
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zoose
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March 23, 2017, 08:44:27 AM |
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This looks promising and you have already succeeded in creating buzz. Good job, I'll be following your progress.
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miramare
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March 23, 2017, 09:04:02 AM |
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Cant wait for spreadcoin snapshot to helium, hopefully exchange will agree to do snapshot there. Best of luck to both helium and spreadcoin team!
forgive me. What's spread coin? Can't see it on market cap. |
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BonzoCorleone
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@bonzocorleonee
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March 23, 2017, 10:28:15 AM |
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Cant wait for spreadcoin snapshot to helium, hopefully exchange will agree to do snapshot there. Best of luck to both helium and spreadcoin team!
forgive me. What's spread coin? Can't see it on market cap. It is on coin marketcap. Spreadcoin, the ticker is SPR. You can find it in bittrex. Hold and keep your SPR in your wallet till snapshot happen, so you got free helium and still keep your spread coin. |
Keep your Alts close, but your Bitcoin closer.
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Taltos777
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March 25, 2017, 12:21:57 PM |
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I love the idea of Helium. Huge thank you! keep us posted on it's developments.
I have a question please, What are the amount of helium coins you thinking of needing for the masternodes please? that way i can buy the right amount and have ready when masternodes come online. thank you again!
-J
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Taltos777
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March 25, 2017, 01:51:18 PM |
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secondly, create a slack we can all start talking together about Helium!
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yighftyf
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March 25, 2017, 03:08:59 PM |
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agree , we can start talking together about Helium on slack
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mm2543363588
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March 25, 2017, 03:18:01 PM |
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When will the information be released?
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KarmaShark
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March 25, 2017, 03:45:03 PM |
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I love the idea of Helium. Huge thank you! keep us posted on it's developments.
I have a question please, What are the amount of helium coins you thinking of needing for the masternodes please? that way i can buy the right amount and have ready when masternodes come online. thank you again!
-J
Thank you for your interest in Helium, we truly enjoy hearing feedback of all kinds from the community. In regards to your question, there is a Helium Slack channel in operation. Simply PM me your email address and an invite will be sent out. Once the project is officially launched we will open up the Slack channel to the greater public. All other relevant information on Helium (including collateral amount to host a Masternode) will be coming soon, so keep your eyes posted on this thread as we will be keeping you all updated. |
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SockPuppetAccount
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March 26, 2017, 01:48:09 PM |
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solo mining / pool mining always existed - and even when i was mining in a private pool - no one wanted to believe it was possible ... but there you have it ...
Pool mining with spread-x11 is 100% possible. Ocminer could fire up a SPR mining pool with his eyes close in under 30 minutes flat, guaranteed. Spread-x11 doesn't prevent pool mining, it more accurately could be described as heavily discouraging public pool mining because if a nefarious miner finds a block, he can keep the whole thing for himself rather than sharing it with the pool. If it is a private pool where the pool operator trusts all those who are mining on it? No problem. Hell, get creative enough and I can imagine ways in which a public pool could function. Require miners to deposit a certain amount of collateral before the pool will begin accepting their hashes or something. The only reason an ambitious pool operator hasn't done something like this yet is because SPR has never had a high enough marketcap to offer a sufficient economic incentive. Spread-x11 is, to put it bluntly, trash. A novelty born in a time when the big "threat" to Bitcoin was the centralization of mining. A misguided (and to put it bluntly again, lazy) attempt at creating a coin that discourages centralization. Let's do a little thought experiment. Imagine if Bitcoin could not be pool mined for some reason. Solo mining only. At the current hashrate, an Antminer T9 should find a block about once every 5 years!! Might as well go buy a lottery ticket instead. Small time at-home hobby miners with one Antminer in their computer room or a dozen of them in their garage do not exist in this world. The overall hashrate and security of Bitcoin is much lower in this world. The only miners that can compete are giant, warehouse scale industrial mining farms. Preventing pool mining prevents centralization of the hashrate at said pools, at the cost of encouraging the centralization of hashrate in the hands of a small number of individual entities! Pool mining is not the enemy of decentralization. Pool mining increases decentralization by democratizing the blockchain. Please coins101, do not hobble HLM with spread-x11. |
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