[ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread

[qbd1313]

“A world with the money can not be perfect." - BCNext
by the NXT team.
So you can tell me what is fair?These tons of suck coins is fair?they just copy copy and copy,nothing new

I found a big problem,miner want to control everything,they think they are the king
Now the Market is Deformity.

I believe PRT will To lead a new direction.

We need innovation,not just copy,we dont need the tons of suck coins.

sorry for my poor English

thx

[matauc12]

Like many cryptos a couple weeks ago Particle had an unhealthy boom out of nowhere for no reason other than DOGE, MOON and TIPS were being pumped.  We went from 40 to 500 in a couple days and have been pretty steady now ~200+/-.  If it wasn't for the bump skewing things 150-200 is still a pretty decent climb in a few weeks.  Even 100 would be nice.

Most interesting is the lack of trade volume the last week or so.  With most alt coins I have seen a continued volume of trading all the way down down down.  With PRT we climbed and then just silence.  There are a LOT of Particle already out in the wild so it's not like it isn't available for trading.  I think people that mined or purchased PRT see much potential in it and have very little desire to dump unlike most coins where miners dump as fast as they mine.  I have not noticed any dumping of significant volume.  The yang to the ying is that there is also a lack of buyers right now so I think people that have not heard of PRT just are not getting the message.  This is where I think it is clear we need to make some more noise and toot some horns. 

We need new investor blood, not new miners...same boat as Quark...mining is pretty much in maintenance mode and now its time to move to the next level and get this going as a currency that is used.  It seems like the mining reward wind down is even faster than Quark so there is really no time to waste in getting people interested in using PRT.

The new wallet is going to be great but it also sounds like developing the '3rd party app' layer will take some time.  Would a possible idea to get some interim publicity be to release the wallet in 2 stages.  The first could be the graphical updates plus some of the hardwired new features like ticker and link to CoinedUp etc etc.  That way we get some buzz and get people interested in the wallet and used to the layout and maybe some of those people will get interested in building apps etc etc.  Then once the 'particle accelerator' (or whatever the app store gets called) is finished release the second stage of the wallet.

Go PRT!

What good is a wallet if no one is mining to support transactions?   Without mining crypto coins don't work.    When everyone stops mining there won't be any transactions.

It isn't so much a problem that there was so much mined so quickly, the problem is that soon even the meager awards that exist today for mining will be gone.   What are the plans to fix that?

adoption and distribution. So slow and steady.

Not really going for the hashrate arms race as you can see from the distribution.

[dyask]

“A world with the money can not be perfect." - BCNext
by the NXT team.
So you can tell me what is fair?These tons of suck coins is fair?they just copy copy and copy,nothing new

I found a big problem,miner want to control everything,they think they are the king
Now the Market is Deformity.

I believe PRT will To lead a new direction.

We need innovation,not just copy,we dont need the tons of suck coins.

sorry for my poor English

thx

How is a coin that can't be used any good?   Just how are transactions handled when there are no miners?   Your comments are starting to make this seem more like a scam than a real advance.  

I applaud the work done to try to improve the wallet, but most everything else seems to be just a copy.   If you want to see PRT succeed then please explain how it is supposed to work without any miners.   Right now that seems to be the direction this is heading.    

[dyask]

Like many cryptos a couple weeks ago Particle had an unhealthy boom out of nowhere for no reason other than DOGE, MOON and TIPS were being pumped.  We went from 40 to 500 in a couple days and have been pretty steady now ~200+/-.  If it wasn't for the bump skewing things 150-200 is still a pretty decent climb in a few weeks.  Even 100 would be nice.

Most interesting is the lack of trade volume the last week or so.  With most alt coins I have seen a continued volume of trading all the way down down down.  With PRT we climbed and then just silence.  There are a LOT of Particle already out in the wild so it's not like it isn't available for trading.  I think people that mined or purchased PRT see much potential in it and have very little desire to dump unlike most coins where miners dump as fast as they mine.  I have not noticed any dumping of significant volume.  The yang to the ying is that there is also a lack of buyers right now so I think people that have not heard of PRT just are not getting the message.  This is where I think it is clear we need to make some more noise and toot some horns.  

We need new investor blood, not new miners...same boat as Quark...mining is pretty much in maintenance mode and now its time to move to the next level and get this going as a currency that is used.  It seems like the mining reward wind down is even faster than Quark so there is really no time to waste in getting people interested in using PRT.

The new wallet is going to be great but it also sounds like developing the '3rd party app' layer will take some time.  Would a possible idea to get some interim publicity be to release the wallet in 2 stages.  The first could be the graphical updates plus some of the hardwired new features like ticker and link to CoinedUp etc etc.  That way we get some buzz and get people interested in the wallet and used to the layout and maybe some of those people will get interested in building apps etc etc.  Then once the 'particle accelerator' (or whatever the app store gets called) is finished release the second stage of the wallet.

Go PRT!

What good is a wallet if no one is mining to support transactions?   Without mining crypto coins don't work.    When everyone stops mining there won't be any transactions.

It isn't so much a problem that there was so much mined so quickly, the problem is that soon even the meager awards that exist today for mining will be gone.   What are the plans to fix that?

adoption and distribution. So slow and steady.

Not really going for the hashrate arms race as you can see from the distribution.

Fair enough ... but what happens when very few are willing to mine this coin?    Sounds like you are talking extremely slowly.   I just don't understand how this is really supposed to work.  

[instacalm]

WTS 500k of my PRT, selling at min. 100k increments. Please PM your offers!

[Myothergunisbigger]

This is how coins with good potential are dying. Dev spent a lot of time to make perfect wallet, but miners left it already. It's sad.

[dyask]

This is how coins with good potential are dying. Dev spent a lot of time to make perfect wallet, but miners left it already. It's sad.

Not dead yet, but it isn't healthy either.

It is still being mined, the difficulty is much lower than it was so that means miners are leaving. (varies from about 800 to 1500 many times throughout the day.)  In a few weeks the block awards will be cut from 180 to 90 and probably more will give up on trying to mine this dog.   It is out of balance.   If there were lots of transactions then there could be transaction fees that make up the difference but so far there isn't really anything that can be done with the coin.  That is why you need lots of miners that want to see the coin succeed.   Once all the miners are gone, there won't be any new blocks or transactions.       

I don't think this was the intent.   I also don't believe the line about miners having too much control, that is complete and utter nonsense.   If anything is to be learned it is that this pseudo-instamine that was used here with the first 10,000 blocks getting 1/2 of all the coins, isn't a healthy approach.     

[matauc12]

This is how coins with good potential are dying. Dev spent a lot of time to make perfect wallet, but miners left it already. It's sad.

Not dead yet, but it isn't healthy either.

It is still being mined, the difficulty is much lower than it was so that means miners are leaving. (varies from about 800 to 1500 many times throughout the day.)  In a few weeks the block awards will be cut from 180 to 90 and probably more will give up on trying to mine this dog.   It is out of balance.   If there were lots of transactions then there could be transaction fees that make up the difference but so far there isn't really anything that can be done with the coin.  That is why you need lots of miners that want to see the coin succeed.   Once all the miners are gone, there won't be any new blocks or transactions.       

I don't think this was the intent.   I also don't believe the line about miners having too much control, that is complete and utter nonsense.   If anything is to be learned it is that this pseudo-instamine that was used here with the first 10,000 blocks getting 1/2 of all the coins, isn't a healthy approach.     

In your opinion.

[qbd1313]

One day the POS coins will Replace POW coins.
NXT is a Example.
POW coins was kidnapped by miner.
But PRT I have  see the Different,I am a PRT fan
May one day all the POW coins will be dead In addition to BTC.

[bittick]

I am nor arguing, nor saying he is a bad developer, nor telling him that he needs to do it all by himself. All I am doing is stating the facts.

I am offering my help. matauc12 also contributed. I am laying down 100k of my own prt on marketing, so total will be 350k

Snotty should get at least 50k for what he has done to improve particle all together.

Where can you donate 20K PRT?
10% of my PRT

MARKETING AND ARTWORK FUND:

PeVV6vvpcAwabYDfvyxRdBEJ9TzEeWSmvp

Thank you.

At the moment we did not spend any of the funds.

Why aren't the funds sitting in that address then?  I see 250K coins were removed from Marketing fund?

At the moment the funds are gathered under my personal wallet with multiple addresses. that is why it is represented differently.

I will create a new wallet fresh and upload all the donations there, and give you all a block explorer link so everyone can see the PRT movements

[snakegi]

Hello guys, i am developing a new set of cryptocurrency tools, initiali it will be a wallet and a exchange, but soon will be more interesting things.
Just wanted to post here that Particle is my favorite cryptocurrency by now, and it will be one of 5 currencies that i will support initially.

The site will be ready by the end of the month, and in about two weeks it will be open for beta testers.

Have some screenshots:




Thanks for your attention.

[bittick]

Hello guys, i am developing a new set of cryptocurrency tools, initiali it will be a wallet and a exchange, but soon will be more interesting things.
Just wanted to post here that Particle is my favorite cryptocurrency by now, and it will be one of 5 currencies that i will support initially.

The site will be ready by the end of the month, and in about two weeks it will be open for beta testers.

Have some screenshots:




Thanks for your attention.

This is great news! Thanks

[bittick]

what is wrong with this picture though?

http://minus.com/i/Ov5cBILHytZq

[dyask]

what is wrong with this picture though?

http://minus.com/i/Ov5cBILHytZq

Tons of sellers and no buyers.   People dumping some the coins mined the first few days.

[dyask]

This is how coins with good potential are dying. Dev spent a lot of time to make perfect wallet, but miners left it already. It's sad.

Not dead yet, but it isn't healthy either.

It is still being mined, the difficulty is much lower than it was so that means miners are leaving. (varies from about 800 to 1500 many times throughout the day.)  In a few weeks the block awards will be cut from 180 to 90 and probably more will give up on trying to mine this dog.   It is out of balance.   If there were lots of transactions then there could be transaction fees that make up the difference but so far there isn't really anything that can be done with the coin.  That is why you need lots of miners that want to see the coin succeed.   Once all the miners are gone, there won't be any new blocks or transactions.       

I don't think this was the intent.   I also don't believe the line about miners having too much control, that is complete and utter nonsense.   If anything is to be learned it is that this pseudo-instamine that was used here with the first 10,000 blocks getting 1/2 of all the coins, isn't a healthy approach.     

In your opinion.

No clue what you mean.   I think my points have some validity, right now the mining is drying up and the coin isn't even 2 months old.   Very little has been developed for it.    It is a very risky way to do a launch.   If the awards had been much more level, you would have excitement growing instead of having to worry about how to market the coin.

Maybe I'm wrong and there will always being enough people mining it for it to work.   If so it sure won't be because it is profitable.   Looks like we have less than 3 days until we only have 90 coins per block.   That level will only last for about a month.   

Anyway all I really want is for someone to explain why this coin will be continued to be mined?  What will be the reward for mining?

[qbd1313]

Hello guys, i am developing a new set of cryptocurrency tools, initiali it will be a wallet and a exchange, but soon will be more interesting things.
Just wanted to post here that Particle is my favorite cryptocurrency by now, and it will be one of 5 currencies that i will support initially.

The site will be ready by the end of the month, and in about two weeks it will be open for beta testers.

Have some screenshots:




Thanks for your attention.

Great ,amazing

[qbd1313]

what is wrong with this picture though?

http://minus.com/i/Ov5cBILHytZq

http://www.guogao.com/ is down
tons of the coins is in it

[qbd1313]

http://www.guogao.com/ will come back soon

then you will see the buyers

[bittick]

http://www.guogao.com/ will come back soon

then you will see the buyers

with no marketing? doubt it

[qbd1313]

http://www.guogao.com/ is down
tons of the coins is in it

No trading volume
Now the price is No reference value