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Author Topic: [ANN] SOV Sovereign SHA256 PoW/PoS No Premine LAUNCHED 10 JULY 2014  (Read 25289 times)
mckeo5514
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May 06, 2014, 05:30:48 PM
Last edit: May 06, 2014, 06:24:00 PM by mckeo5514
 #41

http://www.bullionbypost.co.uk/media/uploads/images/2014/01/22/five_pound_Sovereign_Reverse.jpg

why not use a real sovereign coin pic?



do I win the 50 sov?

uvc: UceKHoz9GawYLXJWMXS4Zorae7xfckhJ9H
GLC: GSofp3XECUPRQL4M9Wh2gnbrZGVBSusqiT
BitcoinNEW: 15b3cJSZYNC5m7nQ9X6U5PnC11LRNPdCMa
Kitty Savia
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May 06, 2014, 06:06:26 PM
 #42

I will try to mine this, sha256 coin is very little now
Since pow+pos is so popular now, why not change SOV to pow+pos?

SOV is PoW + PoS.

PoS pays at 100% per annum.
http://sovereign.rgspix.com

What is the rationale behind a 100% interest rate?  Doesn't that just mean every coin will halve in value every year?
Same question here, why 100% interest rate? Not make sense. Could you please explain more dev?
raskul (OP)
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May 06, 2014, 06:10:46 PM
 #43

I will try to mine this, sha256 coin is very little now
Since pow+pos is so popular now, why not change SOV to pow+pos?

SOV is PoW + PoS.

PoS pays at 100% per annum.
http://sovereign.rgspix.com

What is the rationale behind a 100% interest rate?  Doesn't that just mean every coin will halve in value every year?
Same question here, why 100% interest rate? Not make sense. Could you please explain more dev?

there are 3 sovereign per block. 100% per annum is favourable.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
tertius993
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May 06, 2014, 07:04:32 PM
 #44

I will try to mine this, sha256 coin is very little now
Since pow+pos is so popular now, why not change SOV to pow+pos?

SOV is PoW + PoS.

PoS pays at 100% per annum.
http://sovereign.rgspix.com

What is the rationale behind a 100% interest rate?  Doesn't that just mean every coin will halve in value every year?
Same question here, why 100% interest rate? Not make sense. Could you please explain more dev?

there are 3 sovereign per block. 100% per annum is favourable.

I'm not convinced the number of coins is that relevant, you are still halving the value of the coins in circulation every year.

How would you feel about the pound if inflation were running at 100%?
raskul (OP)
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May 06, 2014, 07:06:08 PM
 #45

I will try to mine this, sha256 coin is very little now
Since pow+pos is so popular now, why not change SOV to pow+pos?

SOV is PoW + PoS.

PoS pays at 100% per annum.
http://sovereign.rgspix.com

What is the rationale behind a 100% interest rate?  Doesn't that just mean every coin will halve in value every year?
Same question here, why 100% interest rate? Not make sense. Could you please explain more dev?

there are 3 sovereign per block. 100% per annum is favourable.

I'm not convinced the number of coins is that relevant, you are still halving the value of the coins in circulation every year.

How would you feel about the pound if inflation were running at 100%?

'How would I feel' about anything takes so many influences into the persuasion. No question is as simple as answering 'How would you feel...'.
you may keep your pound.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
tertius993
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May 06, 2014, 07:07:27 PM
 #46

I will try to mine this, sha256 coin is very little now
Since pow+pos is so popular now, why not change SOV to pow+pos?

SOV is PoW + PoS.

PoS pays at 100% per annum.
http://sovereign.rgspix.com

What is the rationale behind a 100% interest rate?  Doesn't that just mean every coin will halve in value every year?
Same question here, why 100% interest rate? Not make sense. Could you please explain more dev?

there are 3 sovereign per block. 100% per annum is favourable.

I'm not convinced the number of coins is that relevant, you are still halving the value of the coins in circulation every year.

How would you feel about the pound if inflation were running at 100%?

'How would I feel' about anything takes so many influences into the persuasion. No question is as simple as answering 'How would you feel...'.
you may keep your pound.

OK
bitkokos
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0_0


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May 06, 2014, 10:15:48 PM
 #47

such description!  Grin

O_o
Shurugwi
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May 06, 2014, 11:07:55 PM
 #48

Sovereign is in the news! http://altcoinherald.com/sovereign-new-sha256-pos-altcoin-100-staking/  Grin

"The future cannot be predicted but it seems likely that Sovereign will be fighting an uphill battle to attract miners, exchanges, supporters, and merchants."

Quoted from your article.

What's the point of making such a bold statement, other than to antagonise, if you are not going to at least back it with some insight into what led you to that conclusion.
Gamer67
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тσ ¢σιи σя иσт тσ ¢σιи?


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May 06, 2014, 11:37:50 PM
 #49

Any twat can start a blog. Wink

"I am not Dorian Nakamoto."
raskul (OP)
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May 07, 2014, 04:55:49 AM
 #50

Sovereign is in the news! http://altcoinherald.com/sovereign-new-sha256-pos-altcoin-100-staking/  Grin

"The future cannot be predicted but it seems likely that Sovereign will be fighting an uphill battle to attract miners, exchanges, supporters, and merchants."

Quoted from your article.

What's the point of making such a bold statement, other than to antagonise, if you are not going to at least back it with some insight into what led you to that conclusion.

May I just intervene to clarify, at this stage we are not setting out to attract anyone but miners. Exchanges, supporters and merchants may decide to adopt Sovereigns at any point in time, and the world will be better for it. However, for now we are focussed on the proof of work stage and once launched, maintaining a decent network hash-rate to get us through that stage to where every Sovereign is a minted/staked Sovereign. I would be delighted if an exchange or two would open trading after launch, to allow miners the ability to distribute their early matured Sovereigns, but this is not essential as distribution can be done P2P in private transactions*.

*advisory - please always use an escrow service when trading P2P.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
afong9
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May 07, 2014, 04:56:58 AM
 #51

welcome to luckypool
sov.luckypool.cn


raskul (OP)
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May 07, 2014, 05:32:02 AM
 #52

OP updated

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
icecube45
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May 07, 2014, 05:41:05 AM
 #53

Introducing EliteMiner

PRE-REGISTRATION


1 % Fees
PPLNS
http://sov.eliteminer.net
stratum+tcp://sov-pool.eliteminer.net:3341


Our pools are run by experienced cryptocoin users. All pools are DDOS protected. Support at http://help.eliteminer.net


Cmon guys,
Be a part of our new stratum share visualizer
http://www.twitch.tv/eliteminerpools
Gaoweida
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May 07, 2014, 05:43:05 AM
 #54

i am in

ReserveShare - 100% Free and Fair. New source code. Proof Of Reserve
Get Daily Free SIGNs before too late.SokJK5zYogvAr1TfgxEUWxeCQSHmNNvzoc
DoubleEagle - Only 100 #XDE - Get 0.03 for FREE! Launching Friday 15th.
raskul (OP)
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May 07, 2014, 05:56:33 AM
 #55

Introducing EliteMiner

PRE-REGISTRATION


1 % Fees
PPLNS
http://sov.eliteminer.net
stratum+tcp://sov-pool.eliteminer.net:3341


Our pools are run by experienced cryptocoin users. All pools are DDOS protected. Support at http://help.eliteminer.net


Cmon guys,
Be a part of our new stratum share visualizer
http://www.twitch.tv/eliteminerpools


neat, like it.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
icecube45
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May 07, 2014, 05:58:02 AM
 #56


Glad you do!

In other news, do we have an official irc channel yet?
raskul (OP)
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May 07, 2014, 06:00:12 AM
Last edit: May 07, 2014, 05:41:50 PM by raskul
 #57


10 mins. MrWong set up #projectSOV - so we will go with that. I'll update OP.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
raskul (OP)
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May 07, 2014, 07:06:37 AM
 #58

bounties updated:
increased bounty on games and faucet.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
Marty19
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May 07, 2014, 10:14:40 AM
 #59

FREE mining pool will be provided by iSpace Mining Pools at launch.

Feel free to register now and mine our other SHA256 pools while you're waiting.

http://ispace.co.uk

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May 07, 2014, 01:40:18 PM
 #60

Can you give me Exact time in Timezone ?

Launching Friday 9th May 2014 Midnight before the 10th.*

In what timezone ?


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