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Author Topic: [TRK] ★ TRUCKCOIN ★ Pure PoS 20 Coins Per Block - No Mining Hardware Needed! ★  (Read 35037 times)
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paramind22
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May 15, 2019, 09:26:40 PM
 #301

The value of all these coins on Cryptopia will make the ones left more valuable if the teams keep the coin going.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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noise23 (OP)
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May 15, 2019, 11:50:13 PM
 #302

Well, it seems like NovaExchange going to be a new home for many of ex-cryptopia coins, they offer free listing for them.

TRK is already listed - https://novaexchange.com/market/BTC_TRK/, we need to build some volume there.

Too bad they currently don't work with US and Canada citizens, hope we will get on more exchanges eventually...
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May 16, 2019, 11:07:51 PM
 #303

Well, it seems like NovaExchange going to be a new home for many of ex-cryptopia coins, they offer free listing for them.

TRK is already listed - https://novaexchange.com/market/BTC_TRK/, we need to build some volume there.

Too bad they currently don't work with US and Canada citizens, hope we will get on more exchanges eventually...
Good news.
Any reason why they don't allow US and Canadian citizens ?

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May 17, 2019, 01:02:23 AM
 #304

Well, it seems like NovaExchange going to be a new home for many of ex-cryptopia coins, they offer free listing for them.

TRK is already listed - https://novaexchange.com/market/BTC_TRK/, we need to build some volume there.

Too bad they currently don't work with US and Canada citizens, hope we will get on more exchanges eventually...
Good news.
Any reason why they don't allow US and Canadian citizens ?

In order to work with US citizens any exchange has to follow and obey to very strict US crypto/financial regulations which is just not possible for many.
Otherwise the US authorities may come after that exchange badly.
FBI seized BTC-e servers and domain name that way.
So they just stay away from US customers like 'better safe than sorry'.
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May 17, 2019, 05:12:48 PM
 #305

Well, it seems like NovaExchange going to be a new home for many of ex-cryptopia coins, they offer free listing for them.

TRK is already listed - https://novaexchange.com/market/BTC_TRK/, we need to build some volume there.

Too bad they currently don't work with US and Canada citizens, hope we will get on more exchanges eventually...
Good news.
Any reason why they don't allow US and Canadian citizens ?

In order to work with US citizens any exchange has to follow and obey to very strict US crypto/financial regulations which is just not possible for many.
Otherwise the US authorities may come after that exchange badly.
FBI seized BTC-e servers and domain name that way.
So they just stay away from US customers like 'better safe than sorry'.
BTC-E was fun, I had an account there.
Just after I send my coins to my wallet the site was gone.
Reason was 4+ billion USD of criminal money that was taken care of.
Some or most of it was also from MT. Gox.
Better to have strict rules everywhere then exchanges like BTC-E that eventually screw their users and in the process damages the whole crypto market.

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June 17, 2019, 03:52:48 AM
 #306

Still active?

Where is this coin traded?

           ▀██▄ ▄██▀
            ▐█████▌
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  ███▄   ▀▀█████████▀▀   ▄███
   ▀████▄▄           ▄▄████▀
      ▀▀███████████████▀▀
DeepOnion      ▄▄██████████▄▄
    ▄███▀▀      ▀▀█▀   ▄▄
   ███▀              ▄███
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      ▀▀███████████▀▀
.....DeepVault.....
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...deeponion.org...
Enema
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June 17, 2019, 10:54:02 AM
 #307

Still active?

Where is this coin traded?
Yes this coin is still alive.
Last month  new wallet released.
Coin is traded on Nova allthough not much action going on.

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June 17, 2019, 12:08:12 PM
 #308

Still active?

Where is this coin traded?

Truckcoin is alive and trading at NovaExchange
noise23 (OP)
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June 17, 2019, 01:31:45 PM
 #309

Guys and gals, community opinion needed!

To me it looks like now it's time to radically lower the Truckcoin POS reward cap.
It will preserve TRK value and secure coins future.

I propose to gradually decrease POS reward to 20 TRK per block as final goal, 10x times less than the current rate.

Something like:

Starting from January 01, 2020 max POS reward set to 150 TRK per block
Starting from April 01, 2020 max POS reward set to 100 TRK per block
Starting from August 01, 2020 max POS reward set to 50 TRK per block
Starting from January 01, 2021 max POS reward set to 20 TRK per block forever

What do you think guys? Please post here or feel free to PM me with any suggestions, proposals, etc.
paramind22
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June 18, 2019, 03:44:14 PM
 #310

Sounds good to me.

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June 19, 2019, 01:53:11 AM
 #311

Guys and gals, community opinion needed!

To me it looks like now it's time to radically lower the Truckcoin POS reward cap.
It will preserve TRK value and secure coins future.

I propose to gradually decrease POS reward to 20 TRK per block as final goal, 10x times less than the current rate.

Something like:

Starting from January 01, 2020 max POS reward set to 150 TRK per block
Starting from April 01, 2020 max POS reward set to 100 TRK per block
Starting from August 01, 2020 max POS reward set to 50 TRK per block
Starting from January 01, 2021 max POS reward set to 20 TRK per block forever

What do you think guys? Please post here or feel free to PM me with any suggestions, proposals, etc.
I totally agree 150 to 20 trk. Truck will win itself back!
Enema
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June 20, 2019, 04:31:35 PM
 #312

Since rewards are maxed out we might as well go for a fixed reward.

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June 22, 2019, 06:52:17 PM
 #313

@noise23

See https://www.crypto-city.com/index.php/truckcoin-trk



https://www.crypto-city.com Join us at the Home of the True Crypto Believers!

 Crypto-city.com Communities of Crypto Enthusiasts. Build The Future. Be part of the story.  
Enema
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June 22, 2019, 07:21:01 PM
 #314

@noise23

See https://www.crypto-city.com/index.php/truckcoin-trk



https://www.crypto-city.com Join us at the Home of the True Crypto Believers!

"@noise23 can you fix the wallet so when you do a wallet repair, you don't have to keep clicking ok?"
Please post what verion of wallet and OS you are using.

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June 25, 2019, 11:43:02 AM
 #315

Since rewards are maxed out we might as well go for a fixed reward.
Agree, probably it will be better to switch to fixed 20 TRK reward instead of limiting to 20 max. Will make things simplier and easier to advertise the coin.
tevasu
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June 27, 2019, 01:45:45 AM
 #316

Since rewards are maxed out we might as well go for a fixed reward.
Agree, probably it will be better to switch to fixed 20 TRK reward instead of limiting to 20 max. Will make things simplier and easier to advertise the coin.

I think leaving 200 trk, at first. Truck has always followed bitcoin. Let the btc surge take Truck on a ride. Once common sense settles over the hyper math ,  bring down the trk rewards slowly like you first planned. Advertising could then be played well with the new rational rewards.
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June 27, 2019, 06:19:48 PM
 #317

Guys and gals, community opinion needed!

To me it looks like now it's time to radically lower the Truckcoin POS reward cap.
It will preserve TRK value and secure coins future.

I propose to gradually decrease POS reward to 20 TRK per block as final goal, 10x times less than the current rate.

Something like:

Starting from January 01, 2020 max POS reward set to 150 TRK per block
Starting from April 01, 2020 max POS reward set to 100 TRK per block
Starting from August 01, 2020 max POS reward set to 50 TRK per block
Starting from January 01, 2021 max POS reward set to 20 TRK per block forever

What do you think guys? Please post here or feel free to PM me with any suggestions, proposals, etc.


Hey Noise,

at first thanks for the good work the last years and not leaving this great POS coin!!
The new wallet is working flawless, really appreciate your work!

I like the scheme to lower the reward how you wrote, i think its fair, to start lowering the reward in around half a year...
everybody got the chance to stake a lot of blocks at the rate of 200!


In general, anybody knows how to open up a faucet for TRK??
Would give away some TRK for new users....hope it will help the community growing!
Cheers
noise23 (OP)
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June 29, 2019, 11:29:48 AM
 #318

Guys and gals, community opinion needed!

To me it looks like now it's time to radically lower the Truckcoin POS reward cap.
It will preserve TRK value and secure coins future.

I propose to gradually decrease POS reward to 20 TRK per block as final goal, 10x times less than the current rate.

Something like:

Starting from January 01, 2020 max POS reward set to 150 TRK per block
Starting from April 01, 2020 max POS reward set to 100 TRK per block
Starting from August 01, 2020 max POS reward set to 50 TRK per block
Starting from January 01, 2021 max POS reward set to 20 TRK per block forever

What do you think guys? Please post here or feel free to PM me with any suggestions, proposals, etc.


Hey Noise,

at first thanks for the good work the last years and not leaving this great POS coin!!
The new wallet is working flawless, really appreciate your work!

I like the scheme to lower the reward how you wrote, i think its fair, to start lowering the reward in around half a year...
everybody got the chance to stake a lot of blocks at the rate of 200!


In general, anybody knows how to open up a faucet for TRK??
Would give away some TRK for new users....hope it will help the community growing!
Cheers

I can host TRK faucet on my server but need to find some good faucet script with reliable protection.
Tried to run faucet for Truckcoin a coulple years ago but script was weak and some nasty bot started to suck it dry every time in just a few hours after refill.

Maybe it's worth to list TRK at https://btcpop.co/
It's a small exchange but looks reliable and they have faucets and staking pools for POS coins.

Their listing fee is $1000 which is pretty reasonable but I'm not feeling comfortable to pay it all by myself...
https://btcpop.co/listing
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July 02, 2019, 02:58:02 AM
 #319

Guys and gals, community opinion needed!

To me it looks like now it's time to radically lower the Truckcoin POS reward cap.
It will preserve TRK value and secure coins future.

I propose to gradually decrease POS reward to 20 TRK per block as final goal, 10x times less than the current rate.

Something like:

Starting from January 01, 2020 max POS reward set to 150 TRK per block
Starting from April 01, 2020 max POS reward set to 100 TRK per block
Starting from August 01, 2020 max POS reward set to 50 TRK per block
Starting from January 01, 2021 max POS reward set to 20 TRK per block forever

What do you think guys? Please post here or feel free to PM me with any suggestions, proposals, etc.


Hey Noise,

at first thanks for the good work the last years and not leaving this great POS coin!!
The new wallet is working flawless, really appreciate your work!

I like the scheme to lower the reward how you wrote, i think its fair, to start lowering the reward in around half a year...
everybody got the chance to stake a lot of blocks at the rate of 200!


In general, anybody knows how to open up a faucet for TRK??
Would give away some TRK for new users....hope it will help the community growing!
Cheers

I can host TRK faucet on my server but need to find some good faucet script with reliable protection.
Tried to run faucet for Truckcoin a coulple years ago but script was weak and some nasty bot started to suck it dry every time in just a few hours after refill.

Maybe it's worth to list TRK at https://btcpop.co/
It's a small exchange but looks reliable and they have faucets and staking pools for POS coins.

Their listing fee is $1000 which is pretty reasonable but I'm not feeling comfortable to pay it all by myself...
https://btcpop.co/listing


I must be the only one who wants to keep 200%. The max block reward has helped keep inflation down when other coins have surged into the billions / trillions.
But I cannot deny that a reduction is best.

Noise,
I have been using btcpop for many years & highly recommend them. I have always been surprised that Truck was never listed.
They have recently implemented the listing fee this year because of a problem with one of their coins, they are good though. Very attentive to wallet updates & their support has always been top notch. Plus they plan to maybe add altcoin markets & api so that cmc will recognise their volume.
They have many coins now that are homeless since cryptopia has folded.

Oh & Noise, keep up the good work. Nice to still see you as an active developer. Your wallets are awesome!
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July 02, 2019, 11:37:18 AM
 #320

I agree to go to for a softening of the inflation and the time schedule, it gives it more value for potential investors who want to store their value.
listing on btcpop is very ok, I am open for a donation. I think it is good to ask the trk community for a donation.

In the next altcoins bull cycle it is very important to be on exchanges. I think DEX will be more important this time.

Also I think TRK is clearly not a security, but we should explain this more.

Another thing is that there will be a time high reward staking coins will be more popular (now all is targeted on professional investors, but retail will come on the second phase of the bullrun, they are fed up with their 0% interest rates with their bankaccounts)

I think it is also better to translate block reward to a clear APR rate, 200% is too much, but 20% is a good target APR eventually (clearly higher than most other popular staking coin which are between 5% and 10%.
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