[ANN][SGL] Sigil - Decentralized, 0% Fee Crowdfunding

[xxmetalmartyrxx]

The premine was 2.5 million — 500,000 was given out as bounties to people like you. That 500,000 is now being staked by all sorts of people, and there seems to be no issue there. There likewise is no issue with a minority portion of the premine being staked when that money goes to support development and other Sigil expenses.

Well, that's why I only included 2 million SGL in the pre mine figures I posted above. There is no issue to whom? You? The community? When it's the top post on your Reddit, it DOES seem to be an issue. When it drives one of your developers away, it DOES seem to be an issue. Is 2 million SGL not enough? 50% of the total supply, and will be 25% of the total supply come the end of 2018? I've never heard of devs staking a pre mine, it's absurd. Is the initial pre mine not enough? Why not just have a bigger pre mine?

Plus, you didn't reply; is 1.1 million Sigil a minority portion of a 2.0 million pre mine? It seems to me, that 1.1 million is more then 50% of the pre mine, which would make it a majority portion. Correct me if I'm wrong?

You can shove this under the rug, and it'll just keep stinking. Be upfront, announce in the ANN your plans to stake, announce the exact figures in which you're staking, and show the addresses. At least then, people know what's going on and can make a decision for themselves.

[1715688772]

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[1715688772]

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[ACat]

It is a pity for a project that I have put trust in it

[vuhoang1giang]

to the moon.
with 0% fee, and trans so fast. Sigil team and holder will to the moon.

[Barbosius]

Hello guys,
I think i have a problem with stacking. I sent 155 sigil coin to my all-24h/7d opened wallet 8 days ago. Now it is 1440 coin days. But I don't get any stacks by now. Is it OK or i did some mistake? Thank you for you help.
https://imgur.com/a/Hoygx

[mpchua]

Support, SGL to the moon!

[Chromexnet]

Hello guys,
I think i have a problem with stacking. I sent 155 sigil coin to my all-24h/7d opened wallet 8 days ago. Now it is 1440 coin days. But I don't get any stacks by now. Is it OK or i did some mistake? Thank you for you help.
https://imgur.com/a/Hoygx

You're fine. The difficulty of staking is high currently. I have 2500 coins and staking weight of over 16000 coin days, yet it has been several days since I received my last pos reward. So unfortunately it might take several weeks before you receive your first pos block - unless you get lucky.

[makko91]

The price is still dropping... is still the dev address staking ? And anyway until we go to major exchanges we cannot hope in price increase.

[Dio Riven]

The price is still dropping... is still the dev address staking ? And anyway until we go to major exchanges we cannot hope in price increase.

Yes, around 1M is staking from devs.

[The_Hu]

What is crowdfunding? And what's the benefit of this crowdfunding for the sigil team? Can it also benefit miners?

[cryptodunno]

looking closely to sigil since the beginning and now I`m more and more convinced to leave this.
there are no perspectives just a copy paste project and pos been dumped in step by step by the devs to earn some tiny dividents from it.
thank you, i`m out.

[richardkok]

hey devs,

whats up with the official mining pool. its beyond a joke. there are only 36 miners there yet it is slow as f@#$. the entire website is so sluggish. my miners are reporting significantly lower hash rates on the pool vs mining on a TZC pool that has significantly more miners.

today, the POS calculator on the official web site is also down.

you said that you hired a new team of devs and marketing dudes to help the coin grow; why is it then that it feels like the whole ecosystem is regressing? where are the promo news to push this coin? why is it that the official pool is sluggish and miners are often reporting invalid job ids and getting temporary bans? the entire mining experience now is worse than before u decided to charge a 2% fee and allocate a dedicated person to look after the pool.

this is getting beyond a joke

[Barbosius]

Yeah, 10 days left and there is ZERO stacks with 155 coins in wallet and 1800 coindays.
POS calculator isn't working several days.
Sorry guys i leave mining this coin and try to sell its.

[evilcrypto]

PoS isn't working with my wallet too.. 

[Dio Riven]

Yeah, 10 days left and there is ZERO stacks with 155 coins in wallet and 1800 coindays.
POS calculator isn't working several days.
Sorry guys i leave mining this coin and try to sell its.

PoS works fine, you need just more coins in your input, someone found block with over 10k coindays on 1 input, so you need to increase your amount of coins to have a decent chance to find a block with PoS.

[evilcrypto]

Got PoS block today.. seems like PoS difficulty is high..

[g77alex]

Is this project dead?

[Barbosius]

13 days is gone, 2100 coinsday, ZERO stacks. Nice.

[ali11]

13 days is gone, 2100 coinsday, ZERO stacks. Nice.

How many coins do you have? 160? With such a small amount of coins, it may take several months.

[cdawall]

13 days is gone, 2100 coinsday, ZERO stacks. Nice.

And?

http://img.techpowerup.org/180227/capture084.jpg

This is quite a few more coin days and quite a few more coins and it didn't hit in the past two days.

[Barbosius]

How many coins do you have? 160? With such a small amount of coins, it may take several months.

When pos calculator was worked it showed me something like 80% chance in 10 days and 95%+ in 14 days chance for 155 coins.

And?

http://img.techpowerup.org/180227/capture084.jpg

This is quite a few more coin days and quite a few more coins and it didn't hit in the past two days.

Did you use pos calculator before? It showed that first 2 days you can not get stack for any big amount of coins.