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Author Topic: [ANN] [AIRDROP] MorningStar Payment Systems 💰| 100% PoS | 20% interest 1st year  (Read 31825 times)
claudieux
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September 04, 2017, 07:45:32 PM
 #1

NOTE: Please direct all messages regarding MorningStar to user changeproject or join Discord Channel and DM @Morningstar Payments. Thank you.



MORNINGSTAR OFFICIAL WEBSITE  | DISCORD  | WALLET DOWNLOADS


▄▄▄
WHAT IS MORNINGSTAR (MRNG)


MorningStar Payment Systems aims to end the current banking institutions that have a government-granted monopoly on the creation of money and credit.  Federal Reserve Notes are paper promises backed by nothing of intrinsic value and they are only functioning as money because the government forces them on the public through legal tender laws.  Federal Reserve Notes are referred to as dollars but are not.  The definition of a dollar is a weight of silver (371 grains). To put it simply, the Fed is a group of banks running a national counterfeiting operation with the protection of the government.  With MorningStar’s “finite”, decentralized, secure ledger system, we can begin making positive monetary change.  The power of money creation is given back to the people where it should have been all along.


▄▄▄
SPECIFICATIONS


Ticker: MRNG
Pure PoS after initial PoW coins are mined (last block for PoW was block 100)
30 seconds block target
Difficulty retargets every block
PoS variable interests:
– 1st year: 20%
– 2nd year: 15%
– 3rd year: 10%
– 4th and subsequent years: 5%
4 confirmations for transaction, thus fast 2 mins confirmation for transactions
30 confirmations for minted blocks
Ports: 94722 (connection) and 94622 (RPC)
100 million total coins



MRNG Nodes (9/22/17): Morningstar.conf
Nodes Info: Official MorningStar, CoinsMarkets and Novaexchange nodes.


Code:
rpcuser=1234567
rpcpassword=kljsaklfhiosjfjkbsjkdfnisfsfsdf
rpcconnect=127.0.0.1
addnode=68.111.253.235
addnode=84.20.246.93
addnode=77.139.178.92
addnode=110.54.181.98
addnode=85.253.170.205
addnode=149.154.251.107
addnode=128.69.180.109
addnode=95.26.225.141
addnode=75.108.115.171
addnode=93.220.33.11
addnode=114.124.202.98
addnode=204.8.156.142
addnode=115.178.237.213
addnode=129.78.56.129
addnode=184.55.176.66
addnode=78.174.96.26
addnode=96.127.216.214
addnode=78.184.219.25
addnode=75.108.115.171
addnode=62.238.16.206
addnode=192.241.254.184
addnode=95.8.89.20
addnode=120.188.94.56
addnode=120.188.7.144
addnode=43.227.225.79
addnode=209.159.213.206
addnode=35.157.7.76
addnode=212.252.20.44
addnode=13.64.108.99
addnode=88.245.19.5
addnode=138.197.38.170
addnode=138.197.38.170
addnode=95.26.225.141
addnode=coinsmarkets.com:94722
addnode=122.114.173.21:29186
addnode=138.197.38.170:29186
addnode=192.241.254.184:29186
addnode=195.208.220.148:29186
addnode=83.128.77.100:29186
addnode=62.45.252.158:29186

▄▄▄
VISION



Our vision is to revolutionize monetary policy across the globe by establishing a secure Proof-of-Stake cryptocurrency that can grow to be a TRULY decentralized payment processing network outside of Federal and State regulations.  Bitcoin is under attack and has lost its initial focus.  It is becoming more and more centralized due to the amount of computing power and the cost of this equipment/electricity needed to "mine" new blocks.  This will inevitably push out "the common man" and the "little guy".  The initial idea of Bitcoin was a decentralized system that can not be controlled by single "actor".  However, the rapid appreciation in Bitcoin's USD value has caused many to forget its initial case-use and look the other way.  It is now under the microscope of Federal and State governments and subject to regulations.  Aside from this, the Bitcoin network now "wastes" enough electricity to power a small country.  With Proof-of-Stake mining, power consumption is negligible.

 Proof of Stake currencies can be several thousand times more cost effective.  Below is a chart of the wasteful use of energy consumed by the Bitcoin network.

Bitcoin’s current estimated annual electricity consumption* (TWh)   16.3
Annualized global mining revenues   $3,677,569,788
Annualized estimated global mining costs   $815,187,540
Country closest to Bitcoin in terms of electricity consumption   Lebanon
Estimated electricity used over the previous day (KWh)   44,667,810
Implied Watts per GH/s   0.3
Break-even Watts per GH/s (based on 5 cents per KWh)   1.353
Electricity consumed per transaction (KWh)   172.00
Number of U.S. households that could be powered by Bitcoin   1,509,607
Number of U.S. households powered for 1 day by the electricity consumed for a single transaction   5.8
Bitcoin’s electricity consumption as a percentage of the world’s electricity consumption   0.08%

▄▄▄
EARN BY SIMPLY HOLDING MORNINGSTAR (MRNG)

Unlike proof-of-work (PoW) based crypto-currencies (such as Bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), the creator of the next block in a proof-of-stake crypto-currency is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are minted (in the U.S. Treasury sense of this word) rather than mined. It works much like a savings account at a bank.

MorningStar’s proof-of-stake system combines randomization with the concept of “coin age,” (number of coins multiplied by the amount of time the coins have been held). Coins that have been unspent for this amount of time begin competing for the next block. Older and larger sets of coins have a greater probability of signing the next block (i.e. creating new coins). However, once a stake of coins has been used to sign a block, they must start over with zero “coin age” and thus wait the specified amount of time before signing another block.  This process secures the network and gradually produces new coins over time without consuming significant computational power.  A malicious attack on the network is very difficult due to the lack of a need for centralized mining pools and the fact that purchasing more than half of the coins is very costly.



EXAMPLE:
1. You buy 100,000 MorningStar (MRNG) from an exchange.
2. You transfer your MorningStar (MRNG) to your desktop wallet.
3. You hold it for one year. (the first year with interest at 20%)
4. You will now have 120,000 MorningStar.  A 20,000 increase for simply holding on your local wallet for 1 year.

▄▄▄
AIRDROP / BOUNTIES




Active Bounty

Join our Discord Channel to know know how to participate on Active Bounties

Another round of Airdrops will be announce soon! Be active in Discord channel to get the latest updates!

▄▄▄
EXCHANGES


CoinsMarkets.com
Novaexchange.com



▄▄▄
LINKS


Coin Market Cap
Coinhills
Blockfolio
MRNG FAUCET



TRANSLATIONS



OFFICIAL WEBSITE
EXPLORER
DISCORD
WALLET DOWNLOADS


  
NOTE: Please direct all messages regarding MorningStar to user changeproject or join Discord Channel and DM @Morningstar Payments. Thank you.

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claudieux
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September 04, 2017, 07:48:18 PM
 #2

Love the DeepOnion signature on your ICrapO

I only helped them to post the ANN. Please contact changeproject for details regarding this project. Thank you!
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September 04, 2017, 07:48:46 PM
 #3

Romanian translation is ready: https://bitcointalk.org/index.php?topic=2150650.0
changeproject
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September 04, 2017, 07:51:19 PM
 #4

Love the DeepOnion signature on your ICrapO

I am the Developer.  He just posted the ANN thread for us since my account is still in Newbie phase.
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September 04, 2017, 07:52:14 PM
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Reserved for bounty. Good luck for the project

changeproject
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September 04, 2017, 07:58:59 PM
 #6

Reserved for bounty. Good luck for the project

Thank you.
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September 04, 2017, 08:00:26 PM
 #7

Good luck! Airdrop Sounds great!

Mülltonne für ERC20 Token von euch: 0xb9464259aF8347379a71101f464A1d6B100909b0
Mülltonne für Waves von Euch: 3PCZWaew4Cc6j8fCs1SMHZA2GTcFwAvastB Dank
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September 04, 2017, 08:02:05 PM
 #8

It states that the initial stages will be PoW, followed by conversion to pure PoS.

What is the algorithm for PoW?

Or, could it be that PoW will not be available to general public?
Miloudi0912
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September 04, 2017, 08:04:00 PM
 #9

Wait for Airdrop DEV Cheesy
I hope soon Wink

changeproject
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September 04, 2017, 08:05:43 PM
 #10

It states that the initial stages will be PoW, followed by conversion to pure PoS.

What is the algorithm for PoW?

Or, could it be that PoW will not be available to general public?

PoW is now over.  Block 100 was the last PoW block.  The chain is now on block ~2433.
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September 04, 2017, 08:08:39 PM
 #11

Branding looks terrible.  Just being honest.  Go with something more professional looking if you want to have any chance.

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September 04, 2017, 08:13:48 PM
 #12

Reserved for Arabic translation. Resume is available on demand.
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September 04, 2017, 08:34:06 PM
 #13

when the airdrop of this project will be started dev because I can not wait to participate in this project

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September 04, 2017, 08:37:32 PM
 #14

Project sounds interesting. Waiting for news about the airdrop.






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September 04, 2017, 08:45:09 PM
 #15

I like the logo. Also the idea is promising. I am waiting for the airdrop and let me know if you need any Turkish translation.

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September 04, 2017, 08:53:55 PM
 #16

the news of the airdrop project is so excellent. I will wait for further news.

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September 04, 2017, 08:57:22 PM
 #17

I love this type of giving coins a few blocks to mining and then only POS. Mining I missed but I would wait for the airdrop conditions to be published. I wish a lot of happiness.

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September 04, 2017, 09:02:23 PM
 #18

Looks pretty nice for a airdrop. Better than all the other ANN airdrops threads that are created in 2 min. I am waiting for more information here. Whats the date of the airdrop? How much can we claim? Is there a way to get a bonus?

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September 04, 2017, 09:07:18 PM
 #19

Morningstar.conf

Code:
addnode=138.197.38.170
addnode=68.111.253.235
addnode=84.20.246.93
addnode=77.139.178.92
addnode=110.54.181.98
addnode=85.253.170.205
addnode=149.154.251.107
addnode=128.69.180.109
addnode=95.26.225.141
addnode=75.108.115.171
addnode=93.220.33.11
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September 04, 2017, 09:12:55 PM
 #20

I like the logo. Also the idea is promising. I am waiting for the airdrop and let me know if you need any Turkish translation.
Looks pretty nice for a airdrop. Better than all the other ANN airdrops threads that are created in 2 min. I am waiting for more information here. Whats the date of the airdrop? How much can we claim? Is there a way to get a bonus?

Thank you.  We will update the OP and I will announce the airdrop.  Stay tuned!
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