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February 26, 2018, 03:05:52 PM |
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Orginal post by HongLu
Update (Feb 24, 2018) from DISCORD Channel: Core Developer Bruce explained a bit more on what happened on 2015 delisting of MTC. After market crashed in 2015, many miners abandoned marinecoin because it was not profitable while all the listing exchanges closed shop. Since then, the core dev changed the marinecoin core code so that miners will never be able to stop Marinecoin again. Bruce explained that people should forget everything they know about mining classical mined coins as marinecoin concept and code is different. Marinecoin network is low energy consumption in that miners can mine all day long for next two years and find every block, but the reward is still less than what he/she can obtain through this 450,000 MTC airdrop. Bruce further explained that marinecoin network has unique hash power adjustment method not only to adjust hashing energy level, but also be able to protect against potential evil mining attacks. It is misconception for many people to believe that hashing power or huge energy cost is the only way to protect security of blockchain as bitcoin does. In a disastrous situation, MTC network preserve the alternative method such as forking against mining attacks. As long as users maintain the *.dat file and private key, the MTC coins in the wallet are safe against any future attacks.
Bruce further disclosed an exciting news about Jarvis coin ICO after the completion of Marinecoin 20,000 seed member airdrop. 1 MTC will be equal to 10000 Jarvis coin. Bruce suggested that all Marinecoin members to HODL on their MTC coins unless they absolutely have to sell. Bruce further explained that this is proprietary information, it was too early to tell details of Jarvis coin now. The core dev team wouldn't want to get out good ideas to others at this moment. As we all know from earlier disclosure from Bruce that Jarvis is an artificial intelligence engine that maintains Marinecoin network. We can speculate that this new Jarvis coin is likely to be an AI related coin that has to do with this Jarvis engine. This is truly very big news for many MTC owners to HOLD on our coins so that we can automatically obtain this new Jarvis coin in the future!
Orginal post by HongLu
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