empowering
Legendary
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Activity: 1078
Merit: 1441
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June 18, 2014, 09:38:37 PM |
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however we also know that the tribal Council - which is a traditional authority, but not governmental has approved of it. No we don't. We know that has been claimed (by AP), we do not know it is true. Oh it is you again ? have you bought Mazacoins now? How is Aircoin doing ? (now there was some class A BS from their "team")
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"A foolish consistency is the hobgoblin of little minds"
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guruvan
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June 18, 2014, 10:24:52 PM |
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I think now there is an opportunity to deal with it, but I don't think just beating old bullshit into the dirt is very useful. But it isn't just old bullshit, is it? The same bullshit is being repeated here right now. Well, there's simply no talking to someone who only has one idea to work with. Facts have been stated (for months!), and you can choose to ignore what is real and continue to bark up a no longer extant tree, or, you can figure out that things change and people work to correct past mistakes. /ignore
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murraypaul
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June 19, 2014, 08:52:27 AM |
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How is Aircoin doing ? (now there was some class A BS from their "team") Huh? I've no idea. Why do you think I'm connected to Aircoin (which I don't think I've even heard of before)?
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BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
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empowering
Legendary
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Activity: 1078
Merit: 1441
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June 19, 2014, 01:09:11 PM Last edit: June 19, 2014, 02:22:14 PM by empowering |
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How is Aircoin doing ? (now there was some class A BS from their "team") Huh? I've no idea. Why do you think I'm connected to Aircoin (which I don't think I've even heard of before)? Ah my apology, I know one of the people trolling this(?) Maza thread had gone on about Air - thought it was you - my bad.
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"A foolish consistency is the hobgoblin of little minds"
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guruvan
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June 19, 2014, 03:10:19 PM |
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owlhooter - wonder if you'd make a nomp mining key for the tribal trust, and publish it here with a PGP sig and a sig from the trust's address?
If you'd do that, we'd point some hash and future pool fees at that key.
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georgem
Legendary
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Activity: 1484
Merit: 1007
spreadcoin.info
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June 19, 2014, 03:16:22 PM Last edit: June 19, 2014, 03:56:08 PM by georgem |
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Hey guruvan, could it be that you are blocking incoming messages here on the bitcointalk forum? I am trying to answer your private message, but bitcointalk keeps on telling me that
User 'guruvan' has blocked your personal message.
EDIT: Stupid question, Ofcourse you do, it says so in your signature, lol
Well, i'd always like to answer the same way that someone contacts me.
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guruvan
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June 19, 2014, 05:42:25 PM |
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Hey guruvan, could it be that you are blocking incoming messages here on the bitcointalk forum? I am trying to answer your private message, but bitcointalk keeps on telling me that
User 'guruvan' has blocked your personal message.
EDIT: Stupid question, Ofcourse you do, it says so in your signature, lol
Well, i'd always like to answer the same way that someone contacts me.
My apologies - I so rarely use PMs here - and generally only for a first contact. I've had forum PMs blocked since the days when GLBSE collapsed and some less than scrupulous activities by those who have access to forum data were exposed. You can be assured that people who are not the senders or intended recipients read them. If folks would encrypt their pms...... Email & PGP key are in my sig (and I put it pms i do send! Thanks!
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owlhooter
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June 20, 2014, 10:39:44 AM |
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Ok, so I have a small timetable here. I am planning on performing the hard fork at block 100000, which should occur on July 2nd.
With this fork I currently have it set to change difficulty adjustments to DGW3 which will readjust the diff every block which should allow for smoother block times. I have also lowered the block reward from 5000 MZC to 1000 MZC per block and modified the block halving to 950000 blocks, so the blocks won't halve for approx 3.5 years. This puts us at 1.45 billion coins after 4 years and 2.34 Billion after 18 years. This means MZC created each year for the first 3.5 years after the fork will be around 237.5 Million a year.
To sum up: After block 100,000 DGW3 Diff recalc every block 1000 MZC reward per block 950,000 block halving intervals
We still have some time before this goes into affect and I will push the code and get the wallets compiled next week. If you have any comments about this fork we will be taking comments until 6/23, after that no further comments will be considered for this code push.
After this fork, we will work on implementing merged mining at a later date. With the difficulty changes needed desperately to help the flow of the block chain I didn't want to delay this fork to get merged mining working.
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Skirmant
Member
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Activity: 112
Merit: 10
Such is life in crypto paradise
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June 20, 2014, 01:29:48 PM |
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Amazing news! Also, a little birdie told me that a new website design and android wallet is on it's way o:
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open82buy
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June 20, 2014, 02:09:00 PM |
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Ok, so I have a small timetable here. I am planning on performing the hard fork at block 100000, which should occur on July 2nd.
With this fork I currently have it set to change difficulty adjustments to DGW3 which will readjust the diff every block which should allow for smoother block times. I have also lowered the block reward from 5000 MZC to 1000 MZC per block and modified the block halving to 950000 blocks, so the blocks won't halve for approx 3.5 years. This puts us at 1.45 billion coins after 4 years and 2.34 Billion after 18 years. This means MZC created each year for the first 3.5 years after the fork will be around 237.5 Million a year.
To sum up: After block 100,000 DGW3 Diff recalc every block 1000 MZC reward per block 950,000 block halving intervals
We still have some time before this goes into affect and I will push the code and get the wallets compiled next week. If you have any comments about this fork we will be taking comments until 6/23, after that no further comments will be considered for this code push.
After this fork, we will work on implementing merged mining at a later date. With the difficulty changes needed desperately to help the flow of the block chain I didn't want to delay this fork to get merged mining working.
Good news, this is going in the right direction.
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guruvan
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June 20, 2014, 02:24:51 PM |
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So. - I like the DGW3 change. I'm ok with the reward change. But....If the goal was partially to slow the rate of inflation(??) I would have thought that it would have been better to not change the block reward directly, but to instead change the halving so the first few happen sooner, and each happening a little further out than the last...
But....my main interest at this time is to see stable block times with "normal" luck variance.
I'd like to see a commitment to a date, or a block number, or a sustained (30day?) min network hashrate, to implement merged mining.
On another note, I haven't looked into much, but I'm wondering how hard it would be to modify electrum to run maza? There's versions for myriad and litecoin as well as bitcoin. We would be down to run a couple electrum servers to make this happen.
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LittleRain
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Activity: 5
Merit: 0
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June 20, 2014, 11:19:19 PM |
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Sounds good. Thank you for your work.
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marra
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June 21, 2014, 10:21:46 AM |
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what is the reason behind this? as a hodler of between 2 and 15 mil mzc, don't see a problem anywhere. slowing rate of inflation isn't crucial. this is a bottom price for mzc/btc there's no need to fear of being rejected from the exchanges. if some of you are trying to dump as soon as it twitches up a bit, you're into mzc for a wrong cause, since the social aspect of mazacoin is far greater than of a btc. no other community in the world has an opportunity to introduce crypto due to local bureaucracy limitations, tribal communities under treaty have no or very little paper work.
Lakota people need to find a permanent use for it while others help em out mining, hodling, and crowd source advising.
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$1 = 1 satoshi ☰☱☲☳☷☷☳☲☰☰☱☲☳☷☳☲☰☰☱☲☲☳☷☷☳☲☳☱☷☷☳☲☰☰☰☰☲☳☳ ☳☲☰☰☱☲☳☷☷☳☲☰☰☱☲☳☲☳☷☷☳☳☳☲☰☰☱☲☲☳☷☷☳☳☲☰☰☱☲☲☳☷☷☳☰☱☲☳
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owlhooter
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June 21, 2014, 11:05:12 AM |
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what is the reason behind this? as a hodler of between 2 and 15 mil mzc, don't see a problem anywhere. slowing rate of inflation isn't crucial. this is a bottom price for mzc/btc there's no need to fear of being rejected from the exchanges. if some of you are trying to dump as soon as it twitches up a bit, you're into mzc for a wrong cause, since the social aspect of mazacoin is far greater than of a btc. no other community in the world has an opportunity to introduce crypto due to local bureaucracy limitations, tribal communities under treaty have no or very little paper work.
Lakota people need to find a permanent use for it while others help em out mining, hodling, and crowd source advising.
The main reason for the fork is to have more consistent times on the blockchain, that is why we are implementing DGW3, if you look at the block explorer, after a multipool jumps into Maza because the diff is so low the diff will spike so high that once that multipool leaves we sit for hours between blocks. This is not good for usability and will hamper the adoption of the coin by the Lakota or any other Native tribe. We decided to slow the rate of inflation due to adoption by the Lakota taking longer than initially anticipated, most of the coins are held by people in the global community and very little by the Lakota. We also needed to lower the rate of inflation so there is more incentive for them to adopt it, as raising prices on the reserve everyday in MZC because over 3 million coins are being created a day isn't feasible, this drops the coin creation down by 5 to 720k a day which is still plenty to allow for adoption while not causing the large daily inflation that was there. Hopefully with these changes we can also get more investors into the coin to help show the Lakota government the value of crypto currency and how it can be a real solution to their problems.
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marra
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June 21, 2014, 01:28:44 PM |
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what is the reason behind this? as a hodler of between 2 and 15 mil mzc, don't see a problem anywhere. slowing rate of inflation isn't crucial. this is a bottom price for mzc/btc there's no need to fear of being rejected from the exchanges. if some of you are trying to dump as soon as it twitches up a bit, you're into mzc for a wrong cause, since the social aspect of mazacoin is far greater than of a btc. no other community in the world has an opportunity to introduce crypto due to local bureaucracy limitations, tribal communities under treaty have no or very little paper work.
Lakota people need to find a permanent use for it while others help em out mining, hodling, and crowd source advising.
The main reason for the fork is to have more consistent times on the blockchain, that is why we are implementing DGW3, if you look at the block explorer, after a multipool jumps into Maza because the diff is so low the diff will spike so high that once that multipool leaves we sit for hours between blocks. This is not good for usability and will hamper the adoption of the coin by the Lakota or any other Native tribe. We decided to slow the rate of inflation due to adoption by the Lakota taking longer than initially anticipated, most of the coins are held by people in the global community and very little by the Lakota. We also needed to lower the rate of inflation so there is more incentive for them to adopt it, as raising prices on the reserve everyday in MZC because over 3 million coins are being created a day isn't feasible, this drops the coin creation down by 5 to 720k a day which is still plenty to allow for adoption while not causing the large daily inflation that was there. Hopefully with these changes we can also get more investors into the coin to help show the Lakota government the value of crypto currency and how it can be a real solution to their problems. thanks, it makes sense to level the spikes of diff volatility.
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$1 = 1 satoshi ☰☱☲☳☷☷☳☲☰☰☱☲☳☷☳☲☰☰☱☲☲☳☷☷☳☲☳☱☷☷☳☲☰☰☰☰☲☳☳ ☳☲☰☰☱☲☳☷☷☳☲☰☰☱☲☳☲☳☷☷☳☳☳☲☰☰☱☲☲☳☷☷☳☳☲☰☰☱☲☲☳☷☷☳☰☱☲☳
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open82buy
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June 21, 2014, 11:44:00 PM |
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what is the reason behind this? as a hodler of between 2 and 15 mil mzc, don't see a problem anywhere. slowing rate of inflation isn't crucial. this is a bottom price for mzc/btc there's no need to fear of being rejected from the exchanges. if some of you are trying to dump as soon as it twitches up a bit, you're into mzc for a wrong cause, since the social aspect of mazacoin is far greater than of a btc. no other community in the world has an opportunity to introduce crypto due to local bureaucracy limitations, tribal communities under treaty have no or very little paper work.
Lakota people need to find a permanent use for it while others help em out mining, hodling, and crowd source advising.
The main reason for the fork is to have more consistent times on the blockchain, that is why we are implementing DGW3, if you look at the block explorer, after a multipool jumps into Maza because the diff is so low the diff will spike so high that once that multipool leaves we sit for hours between blocks. This is not good for usability and will hamper the adoption of the coin by the Lakota or any other Native tribe. We decided to slow the rate of inflation due to adoption by the Lakota taking longer than initially anticipated, most of the coins are held by people in the global community and very little by the Lakota. We also needed to lower the rate of inflation so there is more incentive for them to adopt it, as raising prices on the reserve everyday in MZC because over 3 million coins are being created a day isn't feasible, this drops the coin creation down by 5 to 720k a day which is still plenty to allow for adoption while not causing the large daily inflation that was there. Hopefully with these changes we can also get more investors into the coin to help show the Lakota government the value of crypto currency and how it can be a real solution to their problems. I am buying while at a silly price and holding. The only way coins are going to leave my wallet is if I can find away to buy from business (I am in the UK) shipping? And donations, anything to help with adoption. Support venders !!
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open82buy
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June 22, 2014, 12:00:18 AM |
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The market sucks, I would like to have a list of vendors where I can buy curios made by the Indian Tribes, feathered hats, clothing and jewellery and anything else that is made there that I am not aware of.
Is there a list of vendors anywhere that export? It's late now and don't want to be lazy, will do some research tomorrow.
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Raek
Member
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Activity: 79
Merit: 10
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June 22, 2014, 10:41:24 AM |
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The market sucks, I would like to have a list of vendors where I can buy curios made by the Indian Tribes, feathered hats, clothing and jewellery and anything else that is made there that I am not aware of.
Is there a list of vendors anywhere that export? It's late now and don't want to be lazy, will do some research tomorrow.
You could try the Pine Ridge Area Chamber of Commerce and see if there is anyone there who knows of some online shops. http://www.pineridgechamber.com/
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EcuaMobi
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Activity: 1876
Merit: 1475
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June 22, 2014, 12:58:19 PM |
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