[ANN][TWINS][MN/POS] Birth Notice

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Join the Wallet.app beta!
One more step accomplished:
1. Logins to wallet.app OAuth service, discord only so far (not new capital)
2. New homepage allows user to select your desired coins (long tap on a coin)
You can download by direct link from discord, channel =wallet-app     https://discord.com/channels/465818373305925633/540119684658364426/864769668367253524

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Symbol XYM now has a powerful presence on discord

• Multiple community channels
• International Waters (13 languages supported)
• Jukebox
• #NEM Bar
• And most importantly - Internal communications are publicly viewable!

Please join us here: https://discord.gg/xymcity
https://twitter.com/LeonRedinger/status/1415491798030553090

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Version 1.0.5 Symbol is now available.
This update includes stability improvements and minor bug fixes.
Download the new XYM wallet here: https://github.com/symbol/symbol-desktop-wallet/releases/tag/v1.0.5

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partnership:
I highly recommend everyone to read this article as in my opinion it very well describes some aspects of unique Symbol technology we take as TWINS base, meaning TWINS will have same features and we develop on top of it.

"One of the first planned subChains to launch on Symbol will be NIS1 and its native token XEM. Alongside NIS1 two new concepts — royalties and taxes — will be introduced. Adapted from the levy feature, royalties enable a percentage of a given token sale to be directed to an account every time it is transferred; while taxes are an additional fee added on top of a transfer. Both transaction types will be denominated in XEM and can be swapped for XYM (or other subChain tokens) at a liquidity provider."

Also I liked very much the presenting of the culture and ideology of how project is managed and people are given responsibilities to lead, etc. Maybe we will have team expressing their point of view if we follow the same ideas and path on building the culture in future TWINS development, or are there some key differences on it? But I think I could recall quite a lot of the same in how we grow and develop and maybe this article will serve us as some set of rules for TWINS as well?

https://docs.symbolplatform.com/handbook/index.html

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Happy 1 year anniversary LBCOIN!

LBCOIN is the world's first digital collector coin based on blockchain technology. Turning a new page in the history of numismatics, LBCOIN is an important experiment in exploring the potential of CBDC.
https://lbcoin.lb.lt

Join the trade! Get a piece of history!
https://new.capital/exchange/trade/LBC01_BTC

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Experience gained through the LBCOIN project used to study the feasibility of a digital euro

More: https://www.lb.lt/en/news/the-experience-gained-through-lbcoin-project-used-to-study-the-feasibility-of-a-digital-euro
https://new.capital/exchange/trade/LBC01_BTC

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        The Symbol Handbook
Everything you need to know about the Symbol Syndicate.
https://docs.symbolplatform.com/handbook/en/

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Give feedback to the New Capital team so we can make more informed product decisions
https://feedback.new.capital/

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http://SymbolBlog.com - community run site bringing you the latest Symbol/NEM news from around the world.
https://symbolblog.com/
https://twitter.com/blog_symbol

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Let me remind you that you can take part in promoting the project and receive a reward. More details in the discord.
https://new.capital/sourceforce?q%5Bslug_eq%5D=win-win&view=project
https://my.new.capital/
https://discord.gg/US9Fvs4

[bitalk1]

Join the Wallet.app beta!
One more step accomplished:
1. Logins to wallet.app OAuth service, discord only so far (not new capital)
2. New homepage allows user to select your desired coins (long tap on a coin)
You can download by direct link from discord, channel =wallet-app     https://discord.com/channels/465818373305925633/540119684658364426/864769668367253524

Leave your feedback (wishes, criticism, etc.) on the discord channel, no message will be left unattended, every opinion is important to us.
https://discord.com/invite/Yv7kjGkN4z

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Meet and greet new great business which joins TWINS family!
https://racinglife.news/

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Edwin [new.capital]:
We would like to share a progress update on the blockchain infrastructure development. As you may know, we are working on an innovative dynamic “supply/demand” inflation model. This feature will allow the network to automatically make decisions on block rewards paid to network participants. The factors for this decision will be price, volume and transaction fees paid to the network. We expected this feature to be completed some time ago, however, we discover more and more unexpected issues on our development environment, but this encourage us even more to “crack it down”.  We do have good progress and we hope to complete this important feature as soon as possible, however, it is difficult to make an estimation in terms of timing.

If you are willing to follow the progress and read some code, you are welcome to review the code contributions here:
https://github.com/NewCapital/catapult-server/commits/main

Can we launch the network without this feature now and complete is later?
Yes, we can. However, the expect for lots of issues and resources required by us and the community with such a network upgrade. Therefore, it would make more sense to launch the network with the newly introduced block reward consensus mechanism.

Do we think this feature is necessary? 
Definitely! This unique functionality is easy to explain and justify. The more people are using TWINS, the more TWINS are generated, versus our current linear 25 years inflation that is disconnected from the actual market need and usage. In fact, we feel that this feature is one of the top reasons to upgrade the networks.

Will we provide enough time in advance for users to upgrade?
Yes! Once we are ready for public testing, we will upgrade the TWIX network first and monitor the performance of the new feature with the real-world inflation indicators for at least 90 days. Next, we will introduce a mandatory update for current TWINS network with 2 TWINS block reward with the goal to stop the inflation and motivate users to migrate to the new network ASAP. Next, the new TWINS and FIX networks will be launched and the coin swap service will be introduced on NCE, allowing users to deposit old coins and withdraw new ones. This service will be available for at least one year.



Can we introduce the mandatory update with zero inflation for TWINS/FIX already?
 Yes, we can. However, we are not in a position to make such a decision, and if you think it is a good idea, please vote. Should we stop the inflation already with 2 TWINS block reward? YES/NO
https://discord.com/channels/465818373305925633/523070899792904212/878235498722779177

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Wallet app | Founders Interview: https://www.youtube.com/watch?v=LOJJ2jeMMzM

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I want to remind you of the wonderful service, partner and friends of the New Capital===http://crypos.io — automated masternode platform.Explore a masternode market, host your masternodes in a few simple steps, take a part in shared masternodes an.
24/7 support on the discord channel: https://discord.gg/ppwhvYJ

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Alex [new.capital]:
The community made it clear - want to stop the inflation right now, before the actual migration to new, symbol-based technology - code name TWINS 2.0

In order to allow gradual market adoption to this new situation, we suggest to do introduce weekly reward halving. This means that the block reward amount will be reduced by half every week. The rewards will gradually go down from our current 15.2k to as little as 100 coins within few months only. We will share the exact numbers and dates later next week.

It is important to note that this will affect masternodes, stakers and dev fund, resulting to reduced community rewards for their contributions accordingly.

It will be interesting to watch on how this affects the market for both TWINS and FIX.

[partnership]

https://discord.com/channels/465818373305925633/523070899792904212/880780777762222160

Friends, exciting times are just ahead of us. Decrease in inflation represents we are getting ready and are very close to migration to new TWINS

I suggest to look at this stage as a fabulous chance to accumulate more cheap TWINS
We know that in nearest weeks after migration TWINS will offer new and very exciting features as issue of new digital assets, NFTs, collectibles. TWINS will allow us to use multiple new features in customer friendly way and via new tools as WalletApp.
Gates will open for new projects and new community to join our ecosystem that was developed for over 2 years. A lot of hard work, a lot of expectations and those days are coming when we will start enjoying of what has been created and will open a new stage of mass adoption and further development and innovation of new blockchain and tools presented.
I feel like bulls are close to show their positive mood win.win TWINS

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Some reasons to support lower TWINS inflation = lower rewards per block

Current TWINS inflation is around 40%
Now let's compare with BTC and it's very low inflation level of 1,6%. We do not hear too many arguments in industry that this low rewards level is a very low incentive to buy and hold BTC. Everyone knows that the lower is inflation, the more new demand pushes price up and monetization of investment just shifts from increase in coins amount to increase in price rise. Sure, it all depends on how much coin is demanded in the market.
Same will happen with TWINS. Now more of earnings are generated from rewards in coins = high inflation, and if inflation will be lowered, earnings will just shift to price rise. This is exact same effect to portfolio value, but with different expression in how we'll see earnings. For person who is experienced in crypto industry seems no difference at all, different system delivers same effect to portfolio value.

Now let's think of newbies. How do they look to coin's performance?
At first you would see the chart vs BTC or FIAT and you see that coin did not rise over time or even was on a constant fall. How many will go deeper to study inflation model in order to understand that holders might have been still earning money with a constant falling price? I think not many even with an experience in crypto industry will start doing the math. It's very likely that they will just shift to next better looking chart and do some moves with a different coin.

Let's remember that we also want businesses to get more engagement in TWINS and accept it for daily goods and services. Looking from business mentality, which gives a huge push to mass adoption, it's much better to have coin's generation model that stabilizes price and better protects it from falling vs FIAT. If coin's price would rise, it will be a huge advantage for business and they will be likely to hold that coin on their balance. At least if coin's performance would offer low chances of price falling against FIAT and give better banking as crypto does, business would be likely to start accepting TWINS on daily service.

So if we have so many new potential participants who are more likely to like TWINS with lower inflation, why wouldn't we want such a system?

New supply - demand model for TWINS will stabilize the coins value and it will open the potential to much faster business adoption.
Early shift, even before migration, to a lower inflation will rise motivation to migrate as soon as we are ready and also will make smoother shift for all current community giving time to understand the advantages of lower inflation and lower rewards.
Looks like win.win to me.

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Edwin [new.capital]:
Exciting times. We are starting our path towards the migration preparations. Please find the suggested plan for our current (TWINS 1.0) network update:

1. New TWINS wallets will be released by September 12 and the community is welcome to update and restart their nodes with the new protocol. The sooner you update the more chances you have to win more blocks with the current block reward.
2. Protocol enforcement will be applied about three weeks after, target block height: 700000, estimated date: 30 September to 2 October
 (this means that wallets with current version will stay outside the mainnet, until updated)
3. First halving event will occur about two weeks after the enforcement, target block height: 711111, estimated date: 15 October
4. During the next 66666 blocks, TWINS rewards will be reduced by half (+/-) about every 7-8 days.
5. The last halving event will set the block reward for 2 TWINS, target block height: 777777, estimated date: 15 January

This gradual reward reduction schedule will allow enough time for everyone to update their wallets and get into masternodes round in time. FIX network will follow the same plan, but with 6 weeks delay.

Here is the block height schedule for TWINS:


Join the discussion on the discord channel, your opinions are important to us!
https://discord.gg/US9Fvs4

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Edwin [new.capital]:
We need your help with testing the upcoming account management system that will soon replace the current one on New Capital. Please report any issues, bugs, ideas or a simple feedback in the thread:
 https://staging.wallet.app/
https://discord.gg/Yv7kjGkN4z