[ANN][MZC][SHA-256] MAZACOIN *First Sovereign Currency* ANDROID WALLET AVAIL.!!

[empowering]

Oh - and I could not agree more with the new website/logo etc the old one is the worst bit of work I have seen since the early 90's - so awful.

oh - I am not sure if AP went ahead and announced the fork or not?

[1714192793]

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[empowering]

Just wondering but Tomi -where you at?

[owlhooter]

Oh - and I could not agree more with the new website/logo etc the old one is the worst bit of work I have seen since the early 90's - so awful.

oh - I am not sure if AP went ahead and announced the fork or not?

AP was the one that tweeted as he controls the twitter account.

[murraypaul]

Also, start to look at a PoS to urge people to keep the coins in the wallet and not day trade for profit.

PoS discourages people from spending their coins.
Is that the point of a currency, to be exchanged for goods and services.
Other than being the current fad-of-the-week, what exactly does PoS have to recommend it?
It rewards people who build up large pots of money and never do anything with them.
Isn't that just replicating the current banking system?

[owlhooter]

Also, start to look at a PoS to urge people to keep the coins in the wallet and not day trade for profit.

PoS discourages people from spending their coins.
Is that the point of a currency, to be exchanged for goods and services.
Other than being the current fad-of-the-week, what exactly does PoS have to recommend it?
It rewards people who build up large pots of money and never do anything with them.
Isn't that just replicating the current banking system?

And this is why Mazacoin will not be implementing PoS.

[Mathgamain]

"Just wondering but Tomi -where you at?"

I am right here beside u all brave Maza warriors. I will stand with u to the end of times, and to inevitable victory.

- Tomi

ps. I am working on the Maza Coin animation, and have some strong visions about it. I would like it to be exciting, but also commercial (one that would attract businesses). I will send u some screenshots once they are ready

[boxxa]

So, as was just announced on twitter....

"This summer we will be announcing a hard fork update which will extend the MZC blockchain to 50 years & lower initial reward to 500 MZC."

https://twitter.com/MazaCoin/status/473288060516708352


So uh yeah, I guess that's the route we are taking...

Let me guess, you had some discussions, community had some ideas and AP just posted his decision on his own?


My serious suggestions is get a new update out there of MazaCoin. Change the seed nodes to a NEUTRAL DOMAIN that AP doesn't own in chainparams.cpp and plan to reimage.

vSeeds.push_back(CDNSSeedData("node.mazacoin.org", "node.mazacoin.org"));
vSeeds.push_back(CDNSSeedData("node.mazacoin.cf", "node.mazacoin.cf"));
vSeeds.push_back(CDNSSeedData("mazacoin.no-ip.org", "mazacoin.no-ip.org"));

I have some of the original community artwork and some graphics when I was working on the new client you can use to reimage the coin. No press article wants to link to that abortion of a website.

Lastly, while a fork is bad, it will be a sign of some direction of this coin. In the early days, Payu said he anticipated MazaCoin being your digital cash and then Bitcoin being your gold you would stock pile. I have agreed with that statement since Litecoin came out years back but if MazaCoin wants to compete, they need to speed up the block chain. Multipools are killing it and you can't claim to be efficient when you are spending sometimes 10-60 minutes on a block. Move the reward to 500MZC and 30 second block targets initially. This will halve the reward to start but after the next year, current block of the fork + 105000 will go back to 1250 per block and hope that after that time has passed, the use of the coin is grown to accept the implementation and get more into the system. Also, start to look at a PoS to urge people to keep the coins in the wallet and not day trade for profit. This will keep the nations interested in holding them as a savings and not just quickly converting them for a back of gum.

Just my 2 cents.

Thanks for the input boxxa- sounds like a sound bit of advice...  at this point I think that a fork is anything but bad... it is great news! you say so pretty much yourself... there is a perception forking is somewhow scammy- in my opinion if there was a fork every week then yes that would be scammy,   but in this case, the coin was designed- released and now will be tweeked to make it fit for purpose... This is the beauty of cryptocurrencies- Maza is not alone on having gone down the fork road - and I belive Mazacoin has more integrity than nearly ost every coin out there, and by far the best cause.  I belive the concept and the idea of the coin is to make something that is of use to the Lakota, that can benefit them and be workable as a coin in the crypto market, I think to acheive that A fork is the best way to go- do it once - do it right.  I am rather happy for the news today - and the communication from the devs in the past week has been the best it has ever been.  I was happy if there was not going to be a fork- but I think that it is great news that there is... the best thing , the needed thing for this coin without a doubt (in my opinion)

PoS to urge people to keep the coins in the wallet and not day trade for profit. This will keep the nations interested in holding them as a savings and not just quickly converting them for a back of gum.  THIS IS VERY INTERESTING !!

Keep it coming..

p.s
Glad to see you are still knocking about boxxa - any chance you may come back on board?

Yes, hard forks are bad in general as they are based on a idea to deviate from the basis of rules implemented by the coin and protocol that people originally bought into and can be used to profit early miners who want to make a quick buck which would have been the case 3-4 months ago. In the MZC case, there isn't many people buying into it anymore. You have a coin worth next to nothing, markets that are very slow (we saw 200k MZC move the price 20% last week) and even some exchanges are talking about delisting the pairs.

The whole project needs a new image. They need some devs to stand out and show they are working on it including active updates on the android wallet, client updates, and helping expand the usability online. This bounty stuff has always left a bad taste in my mouth how some of the key elements were pushed to bounties instead of showing a unified stance of the dev team to accomplish a goal and bringing people onboard that were commited to building a quality product, not just hiring looking to make a quick buck and do some shit rewrite of a open source app. Rebuild the dev team, put some people in there who have a say and are working to accomplish the goals and road map the updates and plans for the coin. Increase transparency.

The economics of the coin needs to be adjusted to meet the goals and path of Payu and not just fork it with a block adjustment and call it a day. Don't make a cheap hack and fork just because. Payu needs to address what his plan is in a realistic time line and chart its acceptance and adoption off of that element inline with what he expects the roll out to be. After the Lakota shot themselves in the foot after its early price surge that exposed the internal political corruption between council members, I have felt strongly that there needs to be an expansion in adoption outside the Lakota and help aim this coin at sovereign nations. The problems the coin is looking to solve are spread out globally, not just in the Lakota. I understand Payu has a large reputation there and has the closest fit but there should be a separate MazaCoin council setup that handles specifically tribal relations.

There was the whitepaper that the coin had a 1 year price growth but face it, anyone predicting price value of a crypto is full of shit as there is no basis of coin investments as you see in a fiat currency but you can map the coin supply growth and block reward increases as the coin use moves up. Increase block times, cut the reward, and let the coins on the exchanges be used to move the currency around to start. Then increase the supply slowly to account for the adoption of nations. If you know a nation is interested, hell, make a big buy yourself of the cheap coins as a tribal reserve. This stimulates the market and also sets up independent reserves for nations.

As for PoS, yes. It does nothing to encourage spending and moving the coins but what it does is give people a sense of ownership. They are giving away 1,000 MZC to the residents of the tribes. That is great but what benefit does that have other than them converting it right back to fiat or another currency. People who trade currencies will trade and not rely on PoS. A monkey throwing shit at a keyboard can earn more than 1% a year trading currencies. Keeping PoS will allow people to feel the urge to hold their coins and a sense of ownership, value, and growth without a bank or central authority. What motivation does a resident have to hold MZC if they can convert it to fiat, put it in a bank account and earn interest?

Lastly, people don't want to see another MZC hand out on YouTube and people don't understand how tribes function when they are working on an acceptance path. It is not the official currency. It isn't a currency really at all yet. There is a lot of work to be done to get back to the point of that and until the tasks are being worked on, no one will believe much of this project without some major confidence booster.


I just saw that the official MZC is asking for Bitcoin donations for work to repair it. A) what happened to the premine? B) how can you justify asking for bitcoin to fix a project that was ruined?

[dragonseer]

I'm just looking at the twitter account and try to read in to what's going on..

"The lowering of the MZC block reward is a direct side effect of lengthening the blockchain. The coinbase and inflationary remain un-changed."

If anyone can make any sense of that, let me know. Sounds like AP is trying to justify his previous rants where his is totally against forking, rather than take it back, now he is making up bullshit.

"Anyone interested in donating towards the expense of this massive undertaking can send BitCoin here --> 1HwWHZSqN9hGadPLqqBihnpfojqDqSG25o"

So what looks like a quick and easy fix is now a massive undertaking that needs lots of BTC to accomplish, uh, OK...

“I hate when people blame the "dev team" for a given price in the market..." Quote from the Lead Developer of Libertycoin, another 'Master Coin Maker', no doubt.

I guess if we were expecting any improvements to the way Mazacoin represents itself you're in for a disappointment. If the direction of this coin is still being monopolized by this 'Anonymous Pirate' two weeks from now then I'll dump what I have and won't look back.

[whatthefugg]

well, it was a good run. I'm going to have to tap out. I'm selling my mzc and buying more silkcoin. The devs from mzc should take note from the devs of SC, they really have their shit together. Good luck, guys I really hope mzc accomplishes what it was set out to do.

[WalkerIVIV]

This decision was made by all of us - skype group, Payu and AP finally agreed to this 

[WalkerIVIV]

Some facts about Mazacoin which aren´t well known

1. National share of mazacoin growed until last month about 70%

2. Android wallet will be presented at 16th this month in National Native Economical conference

http://nativenationevents.org/conference/8th-annual-national-native-american-economic-development-conference-in-conjunction-with-7th-annual-energy-projects-in-indian-country-conference/

3. In beginning of summer there will be smart reward, fork 1/10 but number of maximum coin will be the same 2+bio

4. Hand-to-hand price of Mazacoin growed until last month in Lakota about 50% from 0.01USD to 0.015USD

5. CNN report about Mazacoin is planed to release in "Financial series" it´s still shooting next series

6. Exchange price is still the same, during 1 month of trading, with volume around 100BTC+

[stompix]

This decision was made by all of us - skype group, Payu and AP finally agreed to this 

And this is how a few people decide the fate of others... another failed project.
This is why bitcoin never went to this kind of forks and this is why people believe in it.

There was no difference between your move and the way central banks deal.

[WalkerIVIV]

This decision was made by all of us - skype group, Payu and AP finally agreed to this 

And this is how a few people decide the fate of others... another failed project.
This is why bitcoin never went to this kind of forks and this is why people believe in it.

There was no difference between your move and the way central banks deal.

serius? skype group is open group everyone interested can connect us ....

final decision is always made from Payu, Lakota group

[ViMal]

Hi all!
new stratum  multicoin pool:
http://xguild.net/mzc/
fee: 1%
please try!
Thanks!

[WalkerIVIV]

Another report is shooting  by www.structurefilms.com

[Mathgamain]

Great! Have to gobble up some more cheap coins, good work Walker and all u other proud Maza warriors

[Tyke]

Mazacoin is in my book called Cryptocurrency "The Alt-ernative" Beginner's Reference.  Here is first draft of IFC:


https://bitcointalk.org/index.php?topic=356065.msg7131241#msg7131241

MAIN CRYPTOCURRENCY BOOK THREAD: https://bitcointalk.org/index.php?topic=483187.0


Mazacoin will look similar to this.  Coin specifications, history, exchanges and other miscellaneous details will be included.  Please help fund the publication of this book which I plan to publish this summer.  

MNKwkKX6y3eMwZssJndJmD5bnbhJbKo7oo

[boxxa]

Mazacoin is in my book called Cryptocurrency "The Alt-ernative" Beginner's Reference.  Here is first draft of IFC:


https://bitcointalk.org/index.php?topic=356065.msg7131241#msg7131241

MAIN CRYPTOCURRENCY BOOK THREAD: https://bitcointalk.org/index.php?topic=483187.0


Mazacoin will look similar to this.  Coin specifications, history, exchanges and other miscellaneous details will be included.  Please help fund the publication of this book which I plan to publish this summer.  

Did the person who designed your cover also design the Mazacoin website?

[open82buy]

I have still been holding, and buying off panic sellers.

Owlhooter; glad to see you onboard.

Prof Mac, Empowering, boxxa, mathgamain, walker;  You have all had excellent quotes to many to mention. (Sorry if I forgot anyone)

+1 to you all 

[WalkerIVIV]

Thanks actually there is around 150 milions of Mazacoin in circulation ;-)