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Author Topic: [ANN] MutualCoin - 10,000% & 5000% Stake (POS / POW), (Scrypt Algo)  (Read 70277 times)
boopy265420
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November 01, 2017, 08:00:38 AM
 #21

Don't you own any website with basic information about team and your plans ? It is not enough to make a coin successful and to keep it alive for long time with having use case for that. You must come out with website and team information as offering this high percentage of stake isn't sufficient.
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kurbeks
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November 01, 2017, 08:19:02 AM
 #22

Interesting project. Crazy high PoS Smiley
MutualCoin
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November 01, 2017, 08:29:28 AM
 #23

What are we want? - airdrop! airdrop! airdrop!
Thanks for your interest, but as of now we're not offering any airdrops. And, also there're no plans of offering it in the foreseeable future.
olkah
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November 01, 2017, 08:30:42 AM
 #24

What are we want? - airdrop! airdrop! airdrop!
Thanks for your interest, but as of now we're not offering any airdrops. And, also there're no plans of offering it in the foreseeable future.

1 Pool a little!!!!
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November 01, 2017, 09:03:09 AM
 #25

Mutual coin Added to PoolofD32th


http://yiimp.poolofd32th.club

Use your wallet address as your username, and c=MUT as your password.
No registration required.

Code:
ccminer -a scrypt -o stratum+tcp://yiimp.poolofd32th.club:3433 -u GLCg5WPBuBySjG6oYg198WcjH6z7FSaRPP -p c=MUT
pause

Don't forget to use MUT as password, or your shares will be lost


TO GET FAST SUPPORT AND SHARE INFORMATIONS, JOIN OUR DISCORD

https://discord.gg/E2rThkk




wow, 10Gh/s  , bypass cos only 1piece GTX1700!

nice launch, nice job done, good luck with MutualCoin!

Thanks!!
MutualCoin
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November 01, 2017, 09:20:01 AM
 #26

Any airdrop and bounties for us?

Thanks for your interest. We're not offering any airdrops. But, we'll announce bounties soon.
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November 01, 2017, 09:25:32 AM
 #27

10000% Stake of POS is very much. Any kind of plan to reduce it?
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November 01, 2017, 09:36:02 AM
 #28

Dev, any airdrop? as you know building a decentralized community needs airdrops because this is ASIC algo coin.

please consider it..

Good luck!

explain why in detail why, and myself will do the airdrop to you.

Issuing a ASIC-mineable PoW/PoS coin with an extremely high PoS leads to a whale club:

- 10K%/y is roughly +200% per week or 3x the coins.

- First movers have an advantage mining, but soon enough the difficulty goes through the roof, latest when a couple of pools hit the coin. GPU miners are out and even older ASIC Litecoin miners will have a hard time making profits

- Shortly after, those early whale-lets switch to PoS. With compound interest, an early advantage multiplies fast, but with a hiPoS coin, the % of reward to the whales goes parabolic:

Miner A mines 100 coins, then stakes them. Once it hits a 10K% block, he is up 2x after a week. Week1 = 300coins

Miner B mines 100 coins one week after B. He also is up 2x after a week, but one week later. Week 1 = 0; Week 2 = 300

Miner A still stakes, so after week 2 he is up 2x his 300 coins = 900 coins. While both mined 100 coins, A now has 3x the amount B has, or 600 coins more

A week later, its 2700 for A, 900 for B, still 3x, but now 1800 coins more. Week after week the difference grows. Those who enter after a month will have 1/8000 of what A makes.

For a community, you need a relatively equal wealth distribution, for otherwise whales will be able to pump and dump the coin as they like once it hits exchanges. If it ever gets a community governance system, the early whales will dominate the votes.
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November 01, 2017, 09:42:25 AM
 #29

10000% Stake of POS is very much. Any kind of plan to reduce it?
10,000% stake is not rewarded all the time, it comes in between the blocks for shorter period (10k blocks), otherwise it's 5000% stake most of the time. If you read the listing in detail, you'll find that out. Thanks!
MutualCoin
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November 01, 2017, 09:54:50 AM
 #30

More information is needed. But I'm going to try it out. Are you  dismiss Bounty?
Thanks for your interest. Please tell us what sort of info do you need, we'll be glad to answer any of your queries. And, yes we have planned bounties, we'll announce about them soon.
i-synthestech
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November 01, 2017, 09:56:12 AM
 #31

will you post more detailed information?
any airdrop and bounty is provided?
kurbeks
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November 01, 2017, 10:08:05 AM
 #32

Dev, any airdrop? as you know building a decentralized community needs airdrops because this is ASIC algo coin.

please consider it..

Good luck!

explain why in detail why, and myself will do the airdrop to you.

Issuing a ASIC-mineable PoW/PoS coin with an extremely high PoS leads to a whale club:

- 10K%/y is roughly +200% per week or 3x the coins.

- First movers have an advantage mining, but soon enough the difficulty goes through the roof, latest when a couple of pools hit the coin. GPU miners are out and even older ASIC Litecoin miners will have a hard time making profits

- Shortly after, those early whale-lets switch to PoS. With compound interest, an early advantage multiplies fast, but with a hiPoS coin, the % of reward to the whales goes parabolic:

Miner A mines 100 coins, then stakes them. Once it hits a 10K% block, he is up 2x after a week. Week1 = 300coins

Miner B mines 100 coins one week after B. He also is up 2x after a week, but one week later. Week 1 = 0; Week 2 = 300

Miner A still stakes, so after week 2 he is up 2x his 300 coins = 900 coins. While both mined 100 coins, A now has 3x the amount B has, or 600 coins more

A week later, its 2700 for A, 900 for B, still 3x, but now 1800 coins more. Week after week the difference grows. Those who enter after a month will have 1/8000 of what A makes.

For a community, you need a relatively equal wealth distribution, for otherwise whales will be able to pump and dump the coin as they like once it hits exchanges. If it ever gets a community governance system, the early whales will dominate the votes.

Nobody is stopping you from renting a miner or Hashrate
tradingdisaster
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November 01, 2017, 11:02:02 AM
 #33

Nobody is stopping you from renting a miner or Hashrate

Except as I explained it will not be profitable if you do that after a couple of days have passed. Once the coin hits exchanges the whales will dump on you as they have a couple of millions of coins to dump.
MutualCoin
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November 01, 2017, 12:13:00 PM
 #34

Block explorer is added in the listing and is live now!
coteng2
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November 01, 2017, 12:24:44 PM
 #35

It looks like this is a huge supply of POS game, it has been very intuitive to list the output of each phase, it is interesting, I will be involved in mining, the initial mining seems to be easier.
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November 01, 2017, 12:36:40 PM
 #36

i think this project want increase value , need bounty program like  translate bounty ....
MutualCoin
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November 01, 2017, 12:44:40 PM
 #37

Nobody is stopping you from renting a miner or Hashrate

Except as I explained it will not be profitable if you do that after a couple of days have passed. Once the coin hits exchanges the whales will dump on you as they have a couple of millions of coins to dump.

I'd like to explain about this. This coin won't start giving POS reward until 25000 blocks, and we'll hit exchange well before 25000 blocks, so the miners (whom you consider whales) won't have mined couple million of coins, as you have mentioned. But yes, if early miners do continue to mine and continue to stake on those mined coins, they will get more benefit, as they joined earlier and kept on holding it, so they would deserve it. Early adopters do have edge but it doesn't mean that they will get everything. Once this coin will hit the exchange, investors would be able to buy and hold for POS rewards.
Angelo38
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November 01, 2017, 01:17:44 PM
 #38

Hello sir, you have a good project
I'm in
You have an approximate date for an exchange
Luck
rattle99
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November 01, 2017, 01:24:57 PM
 #39

man....another scrypt based coin.

Can't use my CPU  Angry

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MutualCoin
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November 01, 2017, 01:35:11 PM
 #40

will you post more detailed information?
any airdrop and bounty is provided?
Thanks for your interest. Can you please let me know what detailed information do you need? Please do check the original post, as it has covered almost every detail. And, we're not offering any airdrops, but we'll announce about the bounties soon.
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