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Author Topic: [ANN] [RNS] Renos - A community Based Cryptocurrency  (Read 95195 times)
ParmaBTC
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April 17, 2017, 02:37:41 PM
 #861

MESSAGE FROM ESCROW

just sent, as Dev's request, 25000 RNS to address

RVh5rHshkoM49XELroaFavkFt9NnXrKCKR

 for Twitter Giveaway reward

thanks


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April 17, 2017, 02:42:45 PM
 #862

looks good, but smells like scam & vapourware lol. prove me wrong dev

Twitter:@onemanatatime
Telegram:@AlunaCrypto
alunacrypto.blogspot.com
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April 17, 2017, 02:45:52 PM
 #863


https://twitter.com/VerthagOG/status/853930861514948608

I messaged notsofast as he knows these things pretty well
Quote
I'm sure they could add it. It's a community coin so if you want MNs on $RNS you would need to ask @RenosCoin how you can help
but the thing now is that the new code needs to be created for supporting masternode .

1) So would their be coin swaps ?
2) Are the dev's competent enough to do so as the github has been pretty dormant .
https://github.com/RenosCoin

so please answer our questions this is due diligence from our part

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April 17, 2017, 03:18:33 PM
 #864

Masternodes

Just to confirm that the rumours of masternodes are true HOWEVER there is a slight catch currently. We have the technology developed and working but have issues syncing it with the current chain due to outdated code on the current codebase (an error on my part) We have people looking to fix it but if there has been no progress in the next week then we will most likely have to initiate a swap. Its something I really wanted to avoid but necessary in the long term as not only will it implement masternodes but a cleaner update friendly codebase. The initial specifications we have for masternodes are:

100K RNS per masternode
70/30 split in POS rewards.

I have been keeping it quiet partly because i wanted to surprise everyone with a shiny new update but i realised that the community has a right to know what is going on with the coin and now thats the implentation is delayed its not fair to keep everyone in the dark as it looks like we've been doing nothing for the last 2 weeks (which we haven't)

No one seems to care here... but what will the masternodes actually do? Nothing is written about that. Do you care to share some code that is written?

Masternodes give you higher rewards. That means that you will earn more  than the normal POS rate and you help the network even more by being a masternode. Also more who hold masternodes, means less coins getting dumped, hence helping the value to rise also.

That would only increase centralization. I don't think it's a good idea to "just" create master nodes to let the coins sit in there, doing nothing. What's the use of such a masternode, except for people hoping the price will increase due to more amount of coins are locked in?

Masternode was made at the start to incentive coin holder to run a node to secure the network with increased reward (better than POS) versus letting coin sitting on exchange

I understand what it does, but creating a bigger reward for the rich isn't something that will be better for decentralization. On the contrary. It will only centralize more and more. It's like a normal guy getting 1% interest on his bank account, but Warren Buffet get's 10% interest on his account. How can that help in the world of crypto? I think it's a big no-no.

I see where u are coming from but rich will get richer no matter what. They will centralize and ruin everything despite ur attempts to facilitate decentralization and filter out those that harvest more than average joe does. Wouldn't it be easier to leave things as they are and allow gatekeepers to control the distribution and money flow?
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April 17, 2017, 03:59:12 PM
 #865

When bittrex will the coin is not known?

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April 17, 2017, 04:40:47 PM
 #866


https://twitter.com/VerthagOG/status/853930861514948608

I messaged notsofast as he knows these things pretty well
Quote
I'm sure they could add it. It's a community coin so if you want MNs on $RNS you would need to ask @RenosCoin how you can help
but the thing now is that the new code needs to be created for supporting masternode .

1) So would their be coin swaps ?
2) Are the dev's competent enough to do so as the github has been pretty dormant .
https://github.com/RenosCoin

so please answer our questions this is due diligence from our part

Man do your research it was in a post from the dev not so long and for the competence there are already a coin swap running to participate in the DRAC crowdfunding with renoscoin.
If you need notsofast to answer your question quit trading alt man and buy you some zeth lol
And notsofast has tweeted that he bought some RNS too if that's what you need to invest...
All coin based on giveaway are not all bad and some are pretty forgotten like espère that have a really good dev.

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April 17, 2017, 05:27:06 PM
 #867

Masternodes

Just to confirm that the rumours of masternodes are true HOWEVER there is a slight catch currently. We have the technology developed and working but have issues syncing it with the current chain due to outdated code on the current codebase (an error on my part) We have people looking to fix it but if there has been no progress in the next week then we will most likely have to initiate a swap. Its something I really wanted to avoid but necessary in the long term as not only will it implement masternodes but a cleaner update friendly codebase. The initial specifications we have for masternodes are:

100K RNS per masternode
70/30 split in POS rewards.

I have been keeping it quiet partly because i wanted to surprise everyone with a shiny new update but i realised that the community has a right to know what is going on with the coin and now thats the implentation is delayed its not fair to keep everyone in the dark as it looks like we've been doing nothing for the last 2 weeks (which we haven't)

No one seems to care here... but what will the masternodes actually do? Nothing is written about that. Do you care to share some code that is written?

Masternodes give you higher rewards. That means that you will earn more  than the normal POS rate and you help the network even more by being a masternode. Also more who hold masternodes, means less coins getting dumped, hence helping the value to rise also.

That would only increase centralization. I don't think it's a good idea to "just" create master nodes to let the coins sit in there, doing nothing. What's the use of such a masternode, except for people hoping the price will increase due to more amount of coins are locked in?

Masternode was made at the start to incentive coin holder to run a node to secure the network with increased reward (better than POS) versus letting coin sitting on exchange

I understand what it does, but creating a bigger reward for the rich isn't something that will be better for decentralization. On the contrary. It will only centralize more and more. It's like a normal guy getting 1% interest on his bank account, but Warren Buffet get's 10% interest on his account. How can that help in the world of crypto? I think it's a big no-no.

O M G
if warren buffett gets more money than the normal user, I would say, he was more dilligent than the normal user...

Greetz
Steve

You don't get the point. You guys are happy that there will be masternodes, but all that the masternodes do is make this coin more centralized. Masternodes are (compromizes) to help the network with certain jobs. If the job is only getting a higher share of the Proof of stake (POS) it's of no use at all. In fact, it's even bad thing.

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April 17, 2017, 07:47:06 PM
 #868

You don't get the point. You guys are happy that there will be masternodes, but all that the masternodes do is make this coin more centralized. Masternodes are (compromizes) to help the network with certain jobs. If the job is only getting a higher share of the Proof of stake (POS) it's of no use at all. In fact, it's even bad thing.

Bitcoin and litecoin have no masternode but they are more centralized than pivx dash just see the drama about segwit and the need to pass by a usaf to pass it in force... thats distribution that enforce decentralization and the support of community to not dump coin to accumulator. And on this coin nobody can argue that's not the case because about 1000 users got 30000 RNS at the start of this coin.

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April 18, 2017, 02:03:48 AM
 #869

Crypto-Trade.net
(RNS) RenosCoin listed.
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April 18, 2017, 11:29:57 AM
 #870

Crypto-Trade.net
(RNS) RenosCoin listed.

 Please be very cautious of the above mentioned exchange.  I am unfamiliar with it and have not heard any feedback. RNS is currently tradeable at cryptopia and coinexchange.io. Those two are more then enough for now.
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April 18, 2017, 11:45:33 AM
 #871

Crypto-Trade.net
(RNS) RenosCoin listed.
Please be very cautious of the above mentioned exchange.  I am unfamiliar with it and have not heard any feedback. RNS is currently tradeable at cryptopia and coinexchange.io. Those two are more then enough for now.
not enough
bittrex is needed

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fikihafana
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April 18, 2017, 12:28:19 PM
 #872

Crypto-Trade.net
(RNS) RenosCoin listed.
Please be very cautious of the above mentioned exchange.  I am unfamiliar with it and have not heard any feedback. RNS is currently tradeable at cryptopia and coinexchange.io. Those two are more then enough for now.
not enough
bittrex is needed

i think bittrex will add this coin if dev keep his work, community, and trade volume.
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April 18, 2017, 12:29:23 PM
 #873

Crypto-Trade.net
(RNS) RenosCoin listed.
Please be very cautious of the above mentioned exchange.  I am unfamiliar with it and have not heard any feedback. RNS is currently tradeable at cryptopia and coinexchange.io. Those two are more then enough for now.
not enough
bittrex is needed

I agree we would like bittrex.  My comment was more geared towards warning users to not use the sketchy exchange mentioned above whilst we currently have access to two more well known ones.
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April 18, 2017, 01:07:34 PM
 #874

Masternodes

Just to confirm that the rumours of masternodes are true HOWEVER there is a slight catch currently. We have the technology developed and working but have issues syncing it with the current chain due to outdated code on the current codebase (an error on my part) We have people looking to fix it but if there has been no progress in the next week then we will most likely have to initiate a swap. Its something I really wanted to avoid but necessary in the long term as not only will it implement masternodes but a cleaner update friendly codebase. The initial specifications we have for masternodes are:

100K RNS per masternode
70/30 split in POS rewards.

I have been keeping it quiet partly because i wanted to surprise everyone with a shiny new update but i realised that the community has a right to know what is going on with the coin and now thats the implentation is delayed its not fair to keep everyone in the dark as it looks like we've been doing nothing for the last 2 weeks (which we haven't)

Wow, what news!
And how do I implement my masternode? There is a guide?

Thank you.

██
█║█
║║║
║║║
█║█
██
'BTC MULTI-WALLET SOON'
▬▬▬▬ Download WHITEPAPER ▬▬▬▬

                    ▄██▄
                  ▄██████▄
                ▄██████████
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April 18, 2017, 01:12:52 PM
 #875

Masternodes

Just to confirm that the rumours of masternodes are true HOWEVER there is a slight catch currently. We have the technology developed and working but have issues syncing it with the current chain due to outdated code on the current codebase (an error on my part) We have people looking to fix it but if there has been no progress in the next week then we will most likely have to initiate a swap. Its something I really wanted to avoid but necessary in the long term as not only will it implement masternodes but a cleaner update friendly codebase. The initial specifications we have for masternodes are:

100K RNS per masternode
70/30 split in POS rewards.

I have been keeping it quiet partly because i wanted to surprise everyone with a shiny new update but i realised that the community has a right to know what is going on with the coin and now thats the implentation is delayed its not fair to keep everyone in the dark as it looks like we've been doing nothing for the last 2 weeks (which we haven't)

Wow, what news!
And how do I implement my masternode? There is a guide?

Thank you.

still not implemented. What we need just buy/hold 100K Rns to be masternodes.  #minexcoin.com
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April 18, 2017, 01:26:05 PM
 #876

Crypto-Trade.net
(RNS) RenosCoin listed.
Please be very cautious of the above mentioned exchange.  I am unfamiliar with it and have not heard any feedback. RNS is currently tradeable at cryptopia and coinexchange.io. Those two are more then enough for now.
not enough
bittrex is needed

i think bittrex will add this coin if dev keep his work, community, and trade volume.

+5 BTC for listing Wink

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April 18, 2017, 01:29:03 PM
 #877

Masternodes

Just to confirm that the rumours of masternodes are true HOWEVER there is a slight catch currently. We have the technology developed and working but have issues syncing it with the current chain due to outdated code on the current codebase (an error on my part) We have people looking to fix it but if there has been no progress in the next week then we will most likely have to initiate a swap. Its something I really wanted to avoid but necessary in the long term as not only will it implement masternodes but a cleaner update friendly codebase. The initial specifications we have for masternodes are:

100K RNS per masternode
70/30 split in POS rewards.

I have been keeping it quiet partly because i wanted to surprise everyone with a shiny new update but i realised that the community has a right to know what is going on with the coin and now thats the implentation is delayed its not fair to keep everyone in the dark as it looks like we've been doing nothing for the last 2 weeks (which we haven't)

Wow, what news!
And how do I implement my masternode? There is a guide?

Thank you.

still not implemented. What we need just buy/hold 100K Rns to be masternodes

When you can set up and start with masternode?

██
█║█
║║║
║║║
█║█
██
'BTC MULTI-WALLET SOON'
▬▬▬▬ Download WHITEPAPER ▬▬▬▬

                    ▄██▄
                  ▄██████▄
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April 18, 2017, 01:41:43 PM
 #878

Masternodes

Just to confirm that the rumours of masternodes are true HOWEVER there is a slight catch currently. We have the technology developed and working but have issues syncing it with the current chain due to outdated code on the current codebase (an error on my part) We have people looking to fix it but if there has been no progress in the next week then we will most likely have to initiate a swap. Its something I really wanted to avoid but necessary in the long term as not only will it implement masternodes but a cleaner update friendly codebase. The initial specifications we have for masternodes are:

100K RNS per masternode
70/30 split in POS rewards.

I have been keeping it quiet partly because i wanted to surprise everyone with a shiny new update but i realised that the community has a right to know what is going on with the coin and now thats the implentation is delayed its not fair to keep everyone in the dark as it looks like we've been doing nothing for the last 2 weeks (which we haven't)

Wow, what news!
And how do I implement my masternode? There is a guide?

Thank you.

still not implemented. What we need just buy/hold 100K Rns to be masternodes

When you can set up and start with masternode?

Hopefully never. Does anybody know why masternode tech is booming again? I dumped shitloads of dash at 0.11 and 0.09 and can see it going down to, or below pre-pump levels. Can't believe that such a huge pump was the cause of the second waves of masternode-based coins. The question is, who was behind that punp and how they will profit off it?
RobbWorld
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April 18, 2017, 04:58:33 PM
 #879

Masternodes
...
70/30 split in POS rewards.
...

Can anybody clarify what this means?
Bl4ckw00d
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April 18, 2017, 05:02:32 PM
 #880

Masternodes
...
70/30 split in POS rewards.
...

Can anybody clarify what this means?

I believe the 70/30 in POS rewards refers to Masternodes receiving 70% of the POS rewards, while non masternodes who are staking would receive 30% of the POS rewards. 
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