CREDITS: INFLATION PERIOD OVER, SECOND HARD FORK + POKER ROOM COMING SOON

[jdebunt]

back to mining credits! woo!

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[Alex442008]

The hashrate appears to be rising after the announcement. Things are looking up. Whats next in terms of development? In terms of having Credits accepeted for major sites/services, is it too early to start marketing?

[dnaanders]

The hashrate appears to be rising after the announcement. Things are looking up. Whats next in terms of development? In terms of having Credits accepeted for major sites/services, is it too early to start marketing?

It's never too early to start marketing something that is released!  While this is ambitious, one area we are really looking to possibly be integrated in is gaming or something similar, so if anyone knows of and wants to contact some game devs/game companies, that would be great!

[dnaanders]

Stay tuned, shouldn't be too long!

Fixed the OP and my post to show "Hard Fork" instead of "Relaunching"
Apologies for the inconvenience.

[makishart]

Stay tuned, shouldn't be too long!

Fixed the OP and my post to show "Hard Fork" instead of "Relaunching"
Apologies for the inconvenience.

You "saved the day!"

I like the changes you plan.. here is my opinion!

- 10 separate periods of five days each so 60 days

2000>> 2250>> 2500>> 2750>> 3000>> 4000 >> 3000>>2750>>2500>>2250>>2000 and then 3-5% reward decrease every week

[chidex]

I just find credit now.

It has some really interesting ideas , the best design I've ever seen so far on cryptocoins (realy ... nice website, easy logo, nice posts, redesigned wallet, ... you must put in alot of time ... GREAT job devs +1)

I give it a chance.... please surprise me 

[ultrastructure]

These are the changes:

- The inflationary period is 30 days now, as opposed to 6 months.

- 6 separate periods of five days each

2000>> 2250>> 2500>> 2750>> 3000>> 4000 >> goes down to 2000

Then halves every two years.

Still toying around with the last period, but for the most part this is final.

This is designed to drastically reduce the inflationary period, which we felt gave no incentive to mine at all until the 5th month, when people would have completely forgotten about Credits as a whole. Also, it's obvious that inflation until a 13k block reward was completely ridiculous.  The new system cuts that down to a max of 4000 (only for five days), then goes down to 2000.  So, you loyal miners that were concerned about the value of your coins that you have mined since release, they will now be more valuable than previously expected.  

Please give feedback everyone, we want to hear honest opinions!

This looks great, but here's some thoughts: Remember what happened during dogecoin halving? The interest skyrocketed and the value increased with almost 100%. I think the halving should be a bit more frequent than every two years, maybe three or six months. This will give us miners some milestones to look forward to. And maybe it shouldn't be a halving at all, maybe just 30% reduced block reward every three/six months.

[zeetak]

It's never too early to start marketing something that is released!  While this is ambitious, one area we are really looking to possibly be integrated in is gaming or something similar, so if anyone knows of and wants to contact some game devs/game companies, that would be great!

The first time I saw this coin's pools with the Mass Effect, Deus Ex logos, etc., I was like--this coin needs to be implemented in a game of some sort. Does anybody know of any IOS/Android devs? Or perhaps anybody who is working on Indie games that appear on Steam?

The other thing I think the coin needs is a clear message, something that will distinguish it from the rest of the altcoins out there.  We need a "branding" of sorts, anybody have experience in that area? 

[dnaanders]

I just find credit now.

It has some really interesting ideas , the best design I've ever seen so far on cryptocoins (realy ... nice website, easy logo, nice posts, redesigned wallet, ... you must put in alot of time ... GREAT job devs +1)

I give it a chance.... please surprise me 

Thank you very much, that's great to hear!

[CryptoPirates]

Edit:

the actual fork update did not compile correctly this was a mistake on my part we are working on fixing the code now.

[dnaanders]

Hey guys make sure to check out the pool cr.verleta.net

[DaFockBro]

Is there a block explorer or anyway to tell how many coins are currently in circulation?

[CryptoPirates]

Just to let everyone know the for will happen Sunday March 9th, 2014 at 12:01AM PST

[sting]

when blockchain??

[CryptoPirates]

Ok code has been fixed and compiles now, http://cr.cryptopirates.net has been patched now with the new reward system

[Invest4al]

fork yeah!   pointing some hashes here http://cr.cryptopirates.net/

[DaFockBro]

This coin launches equipped with everything you can think of except for a block explorer....da fock bro?

[dnaanders]

Hey guys, the fork is officially here!  

https://github.com/usecredits/Credits

[makishart]

just updated.. the version is unchanged.. 1040000

are you sure it won't mess with the old wallets?

[Egoista]

This coin launches equipped with everything you can think of except for a block explorer....da fock bro?

I laughed way harder than I should have.
Ill try and start working on one tomorrow.