Bitcoin Forum
May 08, 2024, 11:07:51 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 ... 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 [129] 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 »
  Print  
Author Topic: [ANN][MZC][SHA-256] MAZACOIN *First Sovereign Currency* ANDROID WALLET AVAIL.!!  (Read 278302 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
dragonseer
Hero Member
*****
Offline Offline

Activity: 611
Merit: 500


Anglo Saxon Crypto Enthusiast


View Profile
May 31, 2014, 10:26:14 AM
 #2561

How about half the block reward going to the miner and the other half being divided equally among all the tribes that adopt mazacoin as an official currency?

I'd support that - it makes the link between this coin and it's intended use much clearer.

Crypto sales and more here: https://www.ebay.com.au/usr/dragon-seer
1715209671
Hero Member
*
Offline Offline

Posts: 1715209671

View Profile Personal Message (Offline)

Ignore
1715209671
Reply with quote  #2

1715209671
Report to moderator
1715209671
Hero Member
*
Offline Offline

Posts: 1715209671

View Profile Personal Message (Offline)

Ignore
1715209671
Reply with quote  #2

1715209671
Report to moderator
Whoever mines the block which ends up containing your transaction will get its fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715209671
Hero Member
*
Offline Offline

Posts: 1715209671

View Profile Personal Message (Offline)

Ignore
1715209671
Reply with quote  #2

1715209671
Report to moderator
empowering
Legendary
*
Offline Offline

Activity: 1078
Merit: 1441



View Profile
May 31, 2014, 11:41:42 AM
Last edit: May 31, 2014, 12:44:05 PM by empowering
 #2562

ok.... so it seems it is as I thought- the ''Skype'' forking group are not actually working with Payu then... or at least the hardfork is not agreed with - this is some kinda takeover .... has one of these ever worked? from what I can see the group has also been blagging -  making promises they are in no position to make happen... AP seems to really not give a fuck- I can see why people are against him- but I had a feeling that unless Payu is really on board with a fork - it will not happen.. Payu is the connection to the Lakota..

forking hell!

there are several millions Mazacoins with a decision to make and soon...

because this is now taking the piss- out of the concept, the goal, the Lakota, the investors...well just about everyone..


Actions- with clarity, honour, openness, a goal, and with a sense of urgency are what is needed....

and it is needed now.

Payu- take control of this!!!!

"A foolish consistency is the hobgoblin of little minds"
zhengqi
Member
**
Offline Offline

Activity: 632
Merit: 60


View Profile
May 31, 2014, 11:56:51 AM
 #2563

Very good, Support!

owlhooter
Full Member
***
Offline Offline

Activity: 183
Merit: 100


View Profile
May 31, 2014, 01:18:37 PM
 #2564

ok.... so it seems it is as I thought- the ''Skype'' forking group are not actually working with Payu then... or at least the hardfork is not agreed with - this is some kinda takeover .... has one of these ever worked? from what I can see the group has also been blagging -  making promises they are in no position to make happen... AP seems to really not give a fuck- I can see why people are against him- but I had a feeling that unless Payu is really on board with a fork - it will not happen.. Payu is the connection to the Lakota..

forking hell!

there are several millions Mazacoins with a decision to make and soon...

because this is now taking the piss- out of the concept, the goal, the Lakota, the investors...well just about everyone..


Actions- with clarity, honour, openness, a goal, and with a sense of urgency are what is needed....

and it is needed now.

Payu- take control of this!!!!

The Skype group had been talking to Payu and I think he's been torn.  He has never decided 100% to fork the coin away from AP, and I think AP and I have come up with some plans to help make some changes to the coin without changing the overall economics of the coin, it will just extend coin creation out over extra years, changing the total coin count and drastically changing the block reward would only scream scam and the dev team would lose any trust it has left that it can maintain consistency in the coin design.

I do like the idea of doing a percentage of each block to the tribal trust, but have to make sure we do it in a way that we can keep trust of the miners and investors in the coin, we also still have to have discussions about this topic.
empowering
Legendary
*
Offline Offline

Activity: 1078
Merit: 1441



View Profile
May 31, 2014, 01:50:15 PM
 #2565

ok.... so it seems it is as I thought- the ''Skype'' forking group are not actually working with Payu then... or at least the hardfork is not agreed with - this is some kinda takeover .... has one of these ever worked? from what I can see the group has also been blagging -  making promises they are in no position to make happen... AP seems to really not give a fuck- I can see why people are against him- but I had a feeling that unless Payu is really on board with a fork - it will not happen.. Payu is the connection to the Lakota..

forking hell!

there are several millions Mazacoins with a decision to make and soon...

because this is now taking the piss- out of the concept, the goal, the Lakota, the investors...well just about everyone..


Actions- with clarity, honour, openness, a goal, and with a sense of urgency are what is needed....

and it is needed now.

Payu- take control of this!!!!

The Skype group had been talking to Payu and I think he's been torn.  He has never decided 100% to fork the coin away from AP, and I think AP and I have come up with some plans to help make some changes to the coin without changing the overall economics of the coin, it will just extend coin creation out over extra years, changing the total coin count and drastically changing the block reward would only scream scam and the dev team would lose any trust it has left that it can maintain consistency in the coin design.

I do like the idea of doing a percentage of each block to the tribal trust, but have to make sure we do it in a way that we can keep trust of the miners and investors in the coin, we also still have to have discussions about this topic.

Fair do's.... some consistency would be good.... although if the coin design is flawed... then there would be nothing wrong with fixing it... what is the point in having a technology that has the ability to adapt if the ability is not used when needed

I think it is fair to say that thus far the coin has not done what was expected , for various reasons... this must be the case, unless the coin was designed to crash as it has done?   if AP/Payu/yourself have a sound logic and plan that you can explain, in words and figures to everyone,  that bares out the original design laid out in the white paper, and you can show with numbers and projections and logic that there is a mathematical base that this can grow on... then thats great.. please share?    If not and it can be accepted that the coin could be improved... then maybe that would be the right choice?   A fork does not necessarily have to equal scam. As I said there is little point in having a coin that has the function to  be changed, to adapt, to fix itself, to fork... if it is not used IF and WHEN it becomes needed.

Eitherway , fork or no fork, the added communication is something.. though it would help if the added communication were to have some coherence ..
right now it seems like different groups pulling in different directions...  I really hope that the communication continues, though it would be nice to have it mirrored in the offical twitter page/website.  The sad thing is that open communication, from the get go , with investors and with this forum could have saved so much hassle.  

 We are all waiting to hear about official developments from the tribe in their stance to this coin..  that along with consistent action and communication along with a hard look at if the coin desgin is fit for intended purpose - are what is needed with this coin... also to leverage the community ... those that have not already had enough and sold up and quit.  Really - the great logo that was desgined , should we not revisit this now and get it used? for just one example of using the community as a resource? (devs,designers,PR people, tech support etc)

As for official news regarding the tribe adopting the coin- is this not a horse before the cart situation ? what is the incentive to adopt a crypto that is so unstable and worth so very little?  however the official stamp would make a HUGE difference to this coin...   also why are people not kept more informed about these developments? should there not be a consistent push to make this happen? and if there is then why do we not know about it? it is no good to just dangle a carrot... even the donkey gets wise in the end.

 Does the current dev team have the skill set? the community, the resources , the support, the drive and the vision to execute this project? good intentions are not enough.. and frankly the communication and maybe the execution of the project thus far has bordered on total disrespect for the entire project and the community and the Lakota... and the KEY thing that could have alleviated most of this, would have been keeping people in the loop, proper communication about the challenges and problems the coin faces.

This coin has incredible potential and a true cause...  like I said Payu & co please do continue to engage the community... be open, be realistic,make a hard plan with set goals and a endgame,  take actions, make them count...  leverage the community, we can help , keep us in the loop.




"A foolish consistency is the hobgoblin of little minds"
owlhooter
Full Member
***
Offline Offline

Activity: 183
Merit: 100


View Profile
May 31, 2014, 02:35:35 PM
 #2566


This coin has incredible potential and a true cause...  like I said Payu & co please do continue to engage the community... be open, be realistic,make a hard plan with set goals and a endgame,  take actions, make them count...  leverage the community, we can help , keep us in the loop.


I wish I could "Like" this.  My involvement has been announced from the official twitter and AP has updated the website to make mention of it.   I am working on getting goals together and some sort of timeline if we can get one together.  I'm still just coming into the project from the dev side (even though I've been around the project from launch) and I'm trying to come into it quickly and get things put together so we will have something to show for the coin and fix anything that may need to be fixed.   Hopefully I'll have some news within the next few days.
ProfMac
Legendary
*
Offline Offline

Activity: 1246
Merit: 1001



View Profile
May 31, 2014, 06:24:25 PM
 #2567

I think it is important to avoid changes if it is at all possible.  People want their currency to be stable.

I don't see any reason to change the payout amount.  Think of it this way:

If I pay out 50 ABC per block, they can have some value, say it is 1.
If I pay out 5,000 ABC per block, they would then have a value 0.01, since there are 100X more of them.

The ABC currency can be a completely good currency either way.  The thing that the currency does, that is good, is to allow payments to be made quickly.  If the Lakota can, for example, put all of the tribal allotment into MZA payments to an address for each eligible recipient, then they have all at once made MZA a legitimate currency.  There needs to be support for this.  The gas station and the grocery store need to be able and willing to accept MZA.

The exchange rate simply does not matter, so long as it is stable. 


I try to be respectful and informed.
ProfMac
Legendary
*
Offline Offline

Activity: 1246
Merit: 1001



View Profile
May 31, 2014, 06:27:38 PM
 #2568


This coin has incredible potential and a true cause...  like I said Payu & co please do continue to engage the community... be open, be realistic,make a hard plan with set goals and a endgame,  take actions, make them count...  leverage the community, we can help , keep us in the loop.


I wish I could "Like" this.  My involvement has been announced from the official twitter and AP has updated the website to make mention of it.   I am working on getting goals together and some sort of timeline if we can get one together.  I'm still just coming into the project from the dev side (even though I've been around the project from launch) and I'm trying to come into it quickly and get things put together so we will have something to show for the coin and fix anything that may need to be fixed.   Hopefully I'll have some news within the next few days.

I have a couple of ideas for the coin that I think will make it a very strong coin.  I did not share them on the Skype session.  I do not want to share them if they are not going to be acted on, because I will take them to a different coin in that case.

So, let me ask, how strong are you as a developer?  The distinctions could be, for example, you can use a text editor, change some constants, and build a new coin, or you have read the entire source and understand some of it, to you are an expert cryptanalyst, have a lot of network experience, and can change any aspect of the source and create a coin with distinctly different behaviors or novel user interface behavior.

I try to be respectful and informed.
serejandmyself
Hero Member
*****
Offline Offline

Activity: 1203
Merit: 508


Manager of looking busy #citizencosmos


View Profile WWW
May 31, 2014, 06:55:07 PM
 #2569

when is the revival coming?  Cool

Game of Links
















cyber~license©
ZerOnEleven
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
May 31, 2014, 10:07:37 PM
 #2570

when is the revival coming?  Cool

Not sure yet, but it'll come soon enough! WHEN AP RETIRES FROM MZC
There only delaying the inevitable, AP has no  focus on MZC, only his next projects that he has lined up, he blames the community for ruining his reputation when he brought it on himself by "making" MZC, then Maplecoin  & Irishcoin....which claimed he is 50% Irish. FAIL....Look out for IraqCoin cuz he'll then claim he's 33% from there too. Also the threaten to sell the MZC project to a different tribe cuz Payu asked him to leave it....and his response to Payu was fuck off you RETARD, I own this coin and nobody else. So I say sooner the better he's gone.
dragonseer
Hero Member
*****
Offline Offline

Activity: 611
Merit: 500


Anglo Saxon Crypto Enthusiast


View Profile
May 31, 2014, 10:48:17 PM
 #2571

when is the revival coming?  Cool

Not sure yet, but it'll come soon enough! WHEN AP RETIRES FROM MZC
There only delaying the inevitable, AP has no  focus on MZC, only his next projects that he has lined up, he blames the community for ruining his reputation when he brought it on himself by "making" MZC, then Maplecoin  & Irishcoin....which claimed he is 50% Irish. FAIL....Look out for IraqCoin cuz he'll then claim he's 33% from there too. Also the threaten to sell the MZC project to a different tribe cuz Payu asked him to leave it....and his response to Payu was fuck off you RETARD, I own this coin and nobody else. So I say sooner the better he's gone.



Check out this image. Does that look real to you?? Looks like photoshop to me. I'm not convinced that this beer was ever sold for Irishcoin. How hard would it of been to take a video with a phone and put it on youtube, and talk to the patron that just bought beer for Irishcoin supposedly? This was retweeted from the Mazacoin twitter, makes them both look like a scam.

Crypto sales and more here: https://www.ebay.com.au/usr/dragon-seer
WalkerIVIV
Hero Member
*****
Offline Offline

Activity: 2436
Merit: 503


Cryptocasino.com


View Profile
May 31, 2014, 11:43:09 PM
 #2572

when is the revival coming?  Cool

Not sure yet, but it'll come soon enough! WHEN AP RETIRES FROM MZC
There only delaying the inevitable, AP has no  focus on MZC, only his next projects that he has lined up, he blames the community for ruining his reputation when he brought it on himself by "making" MZC, then Maplecoin  & Irishcoin....which claimed he is 50% Irish. FAIL....Look out for IraqCoin cuz he'll then claim he's 33% from there too. Also the threaten to sell the MZC project to a different tribe cuz Payu asked him to leave it....and his response to Payu was fuck off you RETARD, I own this coin and nobody else. So I say sooner the better he's gone.

Check out this image. Does that look real to you?? Looks like photoshop to me. I'm not convinced that this beer was ever sold for Irishcoin. How hard would it of been to take a video with a phone and put it on youtube, and talk to the patron that just bought beer for Irishcoin supposedly? This was retweeted from the Mazacoin twitter, makes them both look like a scam.

It´s like - MZC is official currency - <= it was told by AP, Payu never said this

empowering
Legendary
*
Offline Offline

Activity: 1078
Merit: 1441



View Profile
May 31, 2014, 11:55:50 PM
 #2573

when is the revival coming?  Cool

Not sure yet, but it'll come soon enough! WHEN AP RETIRES FROM MZC
There only delaying the inevitable, AP has no  focus on MZC, only his next projects that he has lined up, he blames the community for ruining his reputation when he brought it on himself by "making" MZC, then Maplecoin  & Irishcoin....which claimed he is 50% Irish. FAIL....Look out for IraqCoin cuz he'll then claim he's 33% from there too. Also the threaten to sell the MZC project to a different tribe cuz Payu asked him to leave it....and his response to Payu was fuck off you RETARD, I own this coin and nobody else. So I say sooner the better he's gone.



Check out this image. Does that look real to you?? Looks like photoshop to me. I'm not convinced that this beer was ever sold for Irishcoin. How hard would it of been to take a video with a phone and put it on youtube, and talk to the patron that just bought beer for Irishcoin supposedly? This was retweeted from the Mazacoin twitter, makes them both look like a scam.

hmm I am drunk now.. but on first glance.... the shadow of the glasss on the wall, looks real enough on first glance... and also under the hand , the reflection of the hand on the bar looks real enough... the shading above the left arm in red, looks odds though as does the colour of the bar and background inbetween the guys arms... although I must admit ... I am not quite wide awake right now (been out- am not sober) but I do know a man or two , who knows his stuff in this field... I shall ask him to take a look.


"A foolish consistency is the hobgoblin of little minds"
owlhooter
Full Member
***
Offline Offline

Activity: 183
Merit: 100


View Profile
June 01, 2014, 01:37:16 AM
 #2574


I have a couple of ideas for the coin that I think will make it a very strong coin.  I did not share them on the Skype session.  I do not want to share them if they are not going to be acted on, because I will take them to a different coin in that case.

So, let me ask, how strong are you as a developer?  The distinctions could be, for example, you can use a text editor, change some constants, and build a new coin, or you have read the entire source and understand some of it, to you are an expert cryptanalyst, have a lot of network experience, and can change any aspect of the source and create a coin with distinctly different behaviors or novel user interface behavior.


I'd consider myself competent, I have lots of networking experience and my full time job revolves around networking.  I also do a some scripting with that job, mainly in PERL, I have fundamental knowledge of C++ and have taken college courses in C++, and Visual Basic.  I will never consider myself an expert at any of it as I feel I am always learning something new.  I have read through the source code and I am able to understand most of it and am still working on understanding the rest of it.  But what I lack in experience and knowledge I make up for in being able to find the solutions and learn what I need to get the job done.  I already have some code written for if we wanted to change from halving the block reward to quartering the reward at a faster pace than the current halving (We are still working behind the scenes to determine if and when we will implement), which I haven't seen in any other code that I've looked at.  It's fairly simple but definitely not a copy/paste job.  I have always been fairly strong in Mathematics which helps out a lot with that part of the code as well.  If you have ideas, you can definitely share them with me in PM and I will take them into consideration, if we decide not to use them I would let you know and keep the communication confidential if that is what you want.  If the idea is good enough and something we can implement I am more than willing to look at it.  I'm also not going to steal ideas without giving credit.
ProfMac
Legendary
*
Offline Offline

Activity: 1246
Merit: 1001



View Profile
June 01, 2014, 07:42:55 AM
 #2575


I have a couple of ideas for the coin that I think will make it a very strong coin.  I did not share them on the Skype session.  I do not want to share them if they are not going to be acted on, because I will take them to a different coin in that case.

So, let me ask, how strong are you as a developer?  The distinctions could be, for example, you can use a text editor, change some constants, and build a new coin, or you have read the entire source and understand some of it, to you are an expert cryptanalyst, have a lot of network experience, and can change any aspect of the source and create a coin with distinctly different behaviors or novel user interface behavior.


I'd consider myself competent, I have lots of networking experience and my full time job revolves around networking.  I also do a some scripting with that job, mainly in PERL, I have fundamental knowledge of C++ and have taken college courses in C++, and Visual Basic.  I will never consider myself an expert at any of it as I feel I am always learning something new.  I have read through the source code and I am able to understand most of it and am still working on understanding the rest of it.  But what I lack in experience and knowledge I make up for in being able to find the solutions and learn what I need to get the job done.  I already have some code written for if we wanted to change from halving the block reward to quartering the reward at a faster pace than the current halving (We are still working behind the scenes to determine if and when we will implement), which I haven't seen in any other code that I've looked at.  It's fairly simple but definitely not a copy/paste job.  I have always been fairly strong in Mathematics which helps out a lot with that part of the code as well.  If you have ideas, you can definitely share them with me in PM and I will take them into consideration, if we decide not to use them I would let you know and keep the communication confidential if that is what you want.  If the idea is good enough and something we can implement I am more than willing to look at it.  I'm also not going to steal ideas without giving credit.

I continue to think that changing the block rewards or halving time, those fundamental constants of the coin, are a bad idea.  If you think that the values are not workable, I think you must start with a new genesis block.

My analysis of the situation is that the coin should be used for commerce, as currency, and not as a speculation tool.  The pump n dump crowd is pushing very strongly to make it as speculation, and that is not a long term interest.

My basic idea to improve the coin is to manage the coin volatility.  One way to do this is to introduce an element of the economy that can only be done with bitcoin.  Take a food store on Pine Ridge, as an example.  This store could have a web page for items that it sells at a discount.  The page could let people checkmark the items that they want to buy, and they could use their IIM accounts to purchase bitcoins as a coupon.  These bitcoins then can be used to purchase the goods when they go to the store.  If the price rises, the individual can sell the bitcoins and buy their groceries with the cash proceeds.  If the price of bitcoins falls, the individuals can still purchase their groceries, and the store has already been paid at the original price, so everyone gets what they paid for.

The store gets even more than they do with coupons.  They get marketing information, and pre-payment.

This requires that individual addresses be assigned.  One address is the source for coupons for, say, meat, another address is the source for coupons for milk.  A person paying from an address that was funded by the coupon gets the discount.

This is novel, and doing it with MZA would distinguish the coin from not only alt-coins, but also bitcoin.  It would make the MZA valuable as a currency.  Also, since they are purchase coupons, the store could sell them at 1 MZA/USD if they wanted to, and that would tend to stabilize the price at that same value.


I try to be respectful and informed.
empowering
Legendary
*
Offline Offline

Activity: 1078
Merit: 1441



View Profile
June 01, 2014, 02:04:48 PM
Last edit: June 01, 2014, 02:17:49 PM by empowering
 #2576


I have a couple of ideas for the coin that I think will make it a very strong coin.  I did not share them on the Skype session.  I do not want to share them if they are not going to be acted on, because I will take them to a different coin in that case.

So, let me ask, how strong are you as a developer?  The distinctions could be, for example, you can use a text editor, change some constants, and build a new coin, or you have read the entire source and understand some of it, to you are an expert cryptanalyst, have a lot of network experience, and can change any aspect of the source and create a coin with distinctly different behaviors or novel user interface behavior.


I'd consider myself competent, I have lots of networking experience and my full time job revolves around networking.  I also do a some scripting with that job, mainly in PERL, I have fundamental knowledge of C++ and have taken college courses in C++, and Visual Basic.  I will never consider myself an expert at any of it as I feel I am always learning something new.  I have read through the source code and I am able to understand most of it and am still working on understanding the rest of it.  But what I lack in experience and knowledge I make up for in being able to find the solutions and learn what I need to get the job done.  I already have some code written for if we wanted to change from halving the block reward to quartering the reward at a faster pace than the current halving (We are still working behind the scenes to determine if and when we will implement), which I haven't seen in any other code that I've looked at.  It's fairly simple but definitely not a copy/paste job.  I have always been fairly strong in Mathematics which helps out a lot with that part of the code as well.  If you have ideas, you can definitely share them with me in PM and I will take them into consideration, if we decide not to use them I would let you know and keep the communication confidential if that is what you want.  If the idea is good enough and something we can implement I am more than willing to look at it.  I'm also not going to steal ideas without giving credit.

I continue to think that changing the block rewards or halving time, those fundamental constants of the coin, are a bad idea.  If you think that the values are not workable, I think you must start with a new genesis block.

My analysis of the situation is that the coin should be used for commerce, as currency, and not as a speculation tool.  The pump n dump crowd is pushing very strongly to make it as speculation, and that is not a long term interest.

My basic idea to improve the coin is to manage the coin volatility.  One way to do this is to introduce an element of the economy that can only be done with bitcoin.  Take a food store on Pine Ridge, as an example.  This store could have a web page for items that it sells at a discount.  The page could let people checkmark the items that they want to buy, and they could use their IIM accounts to purchase bitcoins as a coupon.  These bitcoins then can be used to purchase the goods when they go to the store.  If the price rises, the individual can sell the bitcoins and buy their groceries with the cash proceeds.  If the price of bitcoins falls, the individuals can still purchase their groceries, and the store has already been paid at the original price, so everyone gets what they paid for.

The store gets even more than they do with coupons.  They get marketing information, and pre-payment.

This requires that individual addresses be assigned.  One address is the source for coupons for, say, meat, another address is the source for coupons for milk.  A person paying from an address that was funded by the coupon gets the discount.

This is novel, and doing it with MZA would distinguish the coin from not only alt-coins, but also bitcoin.  It would make the MZA valuable as a currency.  Also, since they are purchase coupons, the store could sell them at 1 MZA/USD if they wanted to, and that would tend to stabilize the price at that same value.




I am not so sure on the to fork or not to fork.... I agree if it can be helped then no need... however if it is the best thing longterm and is done properly then maybe  I do like the idea of the Tribe getting a share of the reward- makes sense.

The idea you have Prof for dealing with the volatility and potential "peg" of the price - and to establish the currency in the community is very  interesting... not quite sure if the "peg" could work via the method you mention , but it is certainly worth looking at..  guessin' they do not call you prof for nothing.

"A foolish consistency is the hobgoblin of little minds"
owlhooter
Full Member
***
Offline Offline

Activity: 183
Merit: 100


View Profile
June 02, 2014, 02:43:48 AM
 #2577

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...
empowering
Legendary
*
Offline Offline

Activity: 1078
Merit: 1441



View Profile
June 02, 2014, 11:14:28 AM
 #2578

OK!  Alright! Amazing...... so that has been decided... this is good!  tweaking the coins parameters at this stage I believe is a good move for the long term stability and value (and therefore impact) that this coin can make - done in an upfront manner this is a strong move.. Mazacoin is not alone in having made the decision to fork, adapting and perfecting the core of the coin at this early stage when it IS needed is a sign of an active development which is what is needed right now. This is the difference this coin needed- from here there can be a much stronger base to build this coin.  Any news on allocating some of the reward for the Lakota? I thought this had a good idea....... or is there still plan to have a Lakota based mining operation? Very keen to hear about developments on the reserve/with the tribe also.

Please do continue to keep us in the loop..  this past week has been great from the communication point of view! best news for this coin since Cryptorush went down (that exchange had a lot to answer for)

Looking forward to more updates...

There are only strong hands left in the game now as far as I can see.

Once the coin is back to where it is supposed to be, then will be great to set some bounties- I will be in on that.


"A foolish consistency is the hobgoblin of little minds"
boxxa
Sr. Member
****
Offline Offline

Activity: 310
Merit: 250


View Profile
June 02, 2014, 11:20:54 AM
 #2579

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.

Lastly, get off the merged mining train and idea for now. Difficulty calculations on a per block will fight the multipools and keep the consistent block times. Look at Dark Gravity well. Merged mining is cool but you need a big pool to be interested in implementing it and with a coin valued at 20 satoshi, you aren't going to see any real work done by the major pools to support it. If the value goes back up, hell yea def share the growth but for now, there is a lot of other help this coin needs than to throw all the changes in at once.

Just my 2 cents.
empowering
Legendary
*
Offline Offline

Activity: 1078
Merit: 1441



View Profile
June 02, 2014, 11:32:48 AM
Last edit: June 02, 2014, 11:50:45 AM by empowering
 #2580

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?

"A foolish consistency is the hobgoblin of little minds"
Pages: « 1 ... 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 [129] 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!