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Author Topic: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico  (Read 429935 times)
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Woody20285
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February 03, 2016, 03:49:17 AM
 #4881

Suggestion!

All small blocks stake a max of 10-15% per month.

Big block stake 30-40% per month.

TEK Donation: Bjhnx5tLrsqt7B7M1iuC3hG26Xyhkr4gmw

That would add to the rich-get-richer argument. As a large holder, I wouldn't mind, but I got to where I am due to fair staking percentages across the board.  It would seem that it is not the size of the stake, but rather folks who have a shit ton of small holdings and can't or won't use coin control to combine them.

I am not a coder, so it is a bit hard to make suggestions that are realistic, but I would like to see something along the lines of: Microstakes don't stake at all, small holders who are using coin control stake at the normal amount based on difficulty.

 Where do you draw the line between micro and small holders? We want to encourage folks to invest in the coin, but also encourage folks to combine. 

Is there a way to make the wallet automatically combine multiple small addresses? Again not being a programmer, I have no idea is this is feasible or just crazy talk.
DMD uses an auto-combine on small input blocks so it is already out there.
DMD Developer - "... DMD where split stake normal stake or group stake (merge pile together) is automatic adjusted by wallet code and create a zero micromanagement needed POS experience"

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BuckNaked
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February 03, 2016, 12:30:41 PM
 #4882

DMD uses an auto-combine on small input blocks so it is already out there.
DMD Developer - "... DMD where split stake normal stake or group stake (merge pile together) is automatic adjusted by wallet code and create a zero micromanagement needed POS experience"

Sounds like a good idea for coin group sizes up to, say, (2000, 5000, 10000, choose some number that will undoubtedly be the subject of much discussion) coins.

  • It would stabilize the POS difficulty somewhat.
  • It would reduce block sizes over the long run, because
  • It would eliminate the "bag of pennies" issue for Tek.
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February 03, 2016, 12:38:23 PM
 #4883

Suggestion!

All small blocks stake a max of 10-15% per month.

Big block stake 30-40% per month.

TEK Donation: Bjhnx5tLrsqt7B7M1iuC3hG26Xyhkr4gmw

That would add to the rich-get-richer argument. As a large holder, I wouldn't mind, but I got to where I am due to fair staking percentages across the board.  It would seem that it is not the size of the stake, but rather folks who have a shit ton of small holdings and can't or won't use coin control to combine them.

I am not a coder, so it is a bit hard to make suggestions that are realistic, but I would like to see something along the lines of: Microstakes don't stake at all, small holders who are using coin control stake at the normal amount based on difficulty.

 Where do you draw the line between micro and small holders? We want to encourage folks to invest in the coin, but also encourage folks to combine. 

Is there a way to make the wallet automatically combine multiple small addresses? Again not being a programmer, I have no idea is this is feasible or just crazy talk.
DMD uses an auto-combine on small input blocks so it is already out there.
DMD Developer - "... DMD where split stake normal stake or group stake (merge pile together) is automatic adjusted by wallet code and create a zero micromanagement needed POS experience"

Here are some very interesting articles. If true, and bitcoin is in this much trouble, it would be wise to not fall into the same block chain traps, and restructure TEK to stand alone and become more useful without such a strong tie to Bitcoin.

https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.hyratg54x
https://medium.com/@jgarzik/bitcoin-is-being-hot-wired-for-settlement-a5beb1df223a#.ifh96kybp
ethought
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February 03, 2016, 04:22:40 PM
 #4884




TEKcoin has now been added to the CoinWallet.co online wallet, POS pool service and Twitter tipping service.

https://www.coinwallet.co

Running since 2013.

POS Pool fee: 2%
Wallet withdrawal fee: 0.5%
Twitter tipping fee: 0%
Email payment / transfer fee: 0%

As always use online wallets with caution and store the majority of your coins in cold storage or a secure / encrypted wallet on your computer.

Coinwallet.co serves as an easy to use and accessible wallet that you can access with just an internet connection.

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February 03, 2016, 06:58:12 PM
 #4885


DMD uses an auto-combine on small input blocks so it is already out there.
DMD Developer - "... DMD where split stake normal stake or group stake (merge pile together) is automatic adjusted by wallet code and create a zero micromanagement needed POS experience"

While DMD likes to claim their system is different and unique, this feature exists in almost every POS coin.  You are still better off managing your coins instead of waiting for the small chunks to combine or you waste too much time.
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February 03, 2016, 10:23:09 PM
 #4886




TEKcoin has now been added to the CoinWallet.co online wallet, POS pool service and Twitter tipping service.

https://www.coinwallet.co

Running since 2013.

POS Pool fee: 2%
Wallet withdrawal fee: 0.5%
Twitter tipping fee: 0%
Email payment / transfer fee: 0%

As always use online wallets with caution and store the majority of your coins in cold storage or a secure / encrypted wallet on your computer.

Coinwallet.co serves as an easy to use and accessible wallet that you can access with just an internet connection.




This is Fantastic news for Tekcoin! As it was validated for such project... Just sawapped some coins there...
peace
superman1314
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February 03, 2016, 11:00:09 PM
 #4887

buying cheap tek
JudgeDredd_Cryptsy
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February 04, 2016, 12:40:28 AM
 #4888

Tek to 3k sat again?
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February 04, 2016, 01:19:46 AM
 #4889

Tek to 3k sat again?

Yeah. Tekcoin has been going pretty low in price these days, so I think this is a result of what happened with Cryptsy. I would take some time for price to recover, but still I am buying as much as I can and staking them because when prices go back up again, I would have made a decent amount of profit.  Cheesy

 

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Enema
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February 04, 2016, 01:43:59 AM
 #4890

What happened to the planned hard fork ?
What happened to the planned hard fork ?

Brob12321
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February 04, 2016, 01:54:03 AM
 #4891

That is really great news that tek is on coinwallet.  Still have to wait 30 days though but at least you don't have to keep the wallet open and not know if its going to take 45 or more days to stake.  Great news coinwallet is really expanding too by the looks of their site.
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February 04, 2016, 07:19:45 AM
 #4892

What happened to the planned hard fork ?
What happened to the planned hard fork ?

I dont think it was really planned
peace
Enema
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February 05, 2016, 12:22:45 AM
 #4893

What happened to the planned hard fork ?
What happened to the planned hard fork ?

I dont think it was really planned
peace
It was even posted on the OP.
The new wallet should get rid of small stacks, smaller then 2K.

Anyway, TEK team sucks at giving proper info/updates, which gives me more concern then getting listed on some exchange.

Good work Thundertoe, just keep silent if that's the best you can give us...

scryptic
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February 05, 2016, 01:35:05 AM
 #4894

Is this coin dead?
kiklo
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February 05, 2016, 05:22:23 AM
 #4895

Is this coin dead?

No, just a few people whining about a hard fork that was a bad idea to start with.
IMO, It is actually a good thing the fork did not happen it would have made the supply of Tek even higher and lowered the price faster.

 Cool

FYI:
If there ever is a fork it should lower the interest rate, not increase it.
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February 05, 2016, 01:51:06 PM
 #4896

Cryptopia is working OK as an exchange, but for the price to every really go anywhere, TEK will need more and better exposure.  All POS coins rely on exchange exposure.

Crypstsy offered decent exposure before their demise, but with how few folks use Cryptopia, and the fact that the supply of TEK is still increasing, until we are picked up by an exchange such as Bittrex or Polo, the price will remain in the toilet.

The very best thing the community can do short term is continue to put in add requests at the major exchanges.  Having exposure on these little exchanges and gambling sites help a little, but we really need one of the big boys to pick TEK up.
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February 05, 2016, 01:54:10 PM
 #4897

I think both lower interest rate and minimum block size needs to happen. Until something changes I am going to let my wallet go wild.

Doing that would definitely add in the mic-staking issue, and help keep difficulty up if that is your goal.  Again, if you care about the coin, Go to Polo and ask for TEK to be included.
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February 05, 2016, 03:54:34 PM
 #4898

For those who aren't aware of it yet, Tekcoin is on another exchange and the lowest sell order is 1,000 sat. Some sold the other day for 800 sat.

A link was posted a few pages back, but here's the link again:

    https://alterdice.com/market/tek_btc

Tekcoin will eventually get back to where it was, I do believe. We just need to keep up the voting on C-Cex and keep submitting new coin requests on Bittrex and Polo.
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February 05, 2016, 04:28:28 PM
 #4899

If you guys want TEKcoin on YOBIT, it is 0.1 BTC to get it added on there.

We can raise the 0.1BTC pretty quick and get it added in few days, Yobit is way better than cryptopia volume wize and from there we can get it added on C-cex and Bittrex faster because on yobit it will generate better volume.

Here is the BTC address:15BQZTPsPk32nYDTXRx8kKW2B56irERJgD

Let's come as a community and help the coin.

Thank you.
lucazane
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February 05, 2016, 05:04:24 PM
 #4900

If you guys want TEKcoin on YOBIT, it is 0.1 BTC to get it added on there.

We can raise the 0.1BTC pretty quick and get it added in few days, Yobit is way better than cryptopia volume wize and from there we can get it added on C-cex and Bittrex faster because on yobit it will generate better volume.

Here is the BTC address:15BQZTPsPk32nYDTXRx8kKW2B56irERJgD

Let's come as a community and help the coin.

Thank you.
done : 23ad3de50dee65d343e213b8341987835e3f281649b89df979ccc772566652f1-000

0.09 btc left Wink

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