Nerd-Labs (OP)
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Activity: 64
Merit: 24
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March 20, 2019, 02:37:29 AM
Last edit: November 19, 2019, 07:00:43 AM by Nerd-Labs |
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 ELITE COINTHE CRYPTOCURRENCY OF GAMING
EST 2015Elite coin is the gaming currency that brings the gaming world and cryptoworld together. We plan to achieve this by integrating Elite into games and allowing users to use Elite as an in-game currency. The idea is to make the process of earning and spending fun for everyone. Almost every game has an in-game currency to track progress of the game and enable gamers to interact with each other and the game mechanics. Elite coin not only aims to fulfill this role, but to actually go beyond of that what is possible today: earn in-game currency in one game and spend it in another, and that within minutes. There is no need to let results of hours of game-play stay untapped when simply wanting to play another game for a little while. Get control of your in-game resources and use them across the spectrum of games, where and when you want it! A first impression of how the Elite coin can be integrated into a game is already there: come join us and play this simple but interesting game, not only you will have fun, but you will be able to earn your first Elite coins, just by playing and, before you know it, you will be one of the members of the dedicated Elite community helping others to enjoy the game, suggest changes and accompany newcomers as they make their first steps into the Elite world. Credits to Cookiess. !Please update your wallets!
The current Elite/1337 wallet is
2.0.1.2 SPECIFICATIONs*Ticker: 1337
*Algorithm: X13 (Currently Pure POS)
*POS Interest: 1.337% Annually
*Type: Mix POW & POS
*Block Time: 60 Seconds
*POS Min Age: 60 Minutes
*POS Max Age: Unlimited
*Address Starts With: L
*POW Coins: 14,853,745.946
*Last POW Block: 17280
*Premine: 2,353,115.216
*Confirmation: 10
*RPC Port: 13372
*P2P Port: 13373LINKS
A complete list of links to Wallets, Snapshots,
Roadmap and more can be found at the official homepage
The page is updated often and is the best place to get current information
https://www.elitecurrency.info/COIN MARKET CAPhttps://coinmarketcap.com/currencies/1337coin/#.XJxkhVMX1ZE.linkThe fastest way to reach someone in the community right now!!! is Discord https://discord.gg/6vvYrnDif you are unable to find what you are looking for OR are having
a problem with your wallet or service please open a support requestelite.nerdlabs001.com |
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"You Asked For Change, We Gave You Coins" -- casascius
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Flapmin
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March 20, 2019, 02:39:36 AM
Last edit: March 20, 2019, 03:52:45 AM by Flapmin |
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 Phase One Developmentphase one has begun for EliteCraft and is expected to conclude 4/3/2019. likely to be extended Development phase one consists of an open world in creative mode. Flying is enabled making it easier to get around. You are welcome to come and build whatever you like! Every kind of block in the game is available. Most, if not all that’s built will be saved into the release build. We will also be testing several add-ons and creating custom content for the server. Phase Two Developmentphase two will be focused adding games, hidden objects, discord integration, auto banning, language sensors, cheat detection and other features. Phase Three Developmentphase three is aimed at integrating EliteCoin into the Minecraft server. We will start testing faucets, paper wallets, and other ideas to incorporate EliteCoin into the game experience. If you would like to participate, select multiplayer and add the EliteCraft URL using “add server.” Any Java capable launcher should work. If you don’t have a Minecraft client, some have had success using TLauncher. For development, you can find it here https://tlauncher.us/Make your mark on the EliteCraft world elitecraft.nerdlabs001.com Linux Server OS
Ram for 100+ Users
16 threads
1TB of Space for Creation
Raid Storage
1.13.2 - 1.14 support is planned
We have several popular games in our discord community, along-side our twitch and steam supporters . The Minecraft server is the first of several planed mmos into which we’re planning to integrate the same type of reward systems being used in our discord. If you’re interested in crypto and games, we encourage you to come check us out in our discord to participate in, and see firsthand what we are building. We have a RPG type game going now in the Random Events channel in which you can slay monsters and win Elite coins. Elite is a family-friendly community and is self-moderated. Check out the rules of conduct when visiting to make sure you promote a positive community environment in which everyone can feel welcome. |
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Flapmin
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March 20, 2019, 02:39:55 AM
Last edit: March 20, 2019, 03:50:43 AM by Flapmin |
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PAGE ONE SPAM GUARD
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othell_rogue
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March 20, 2019, 12:44:26 PM |
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Is this a takeover of the project or why the new thread? Anyway I want to ask if you intend to implement Masternodes or at least increase the APR because now with 1.337% not many users will be tempted to stake this coin, including me. Cheers mates!
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To Buy, or not to Sell? That is the question.
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dalaocoin
Newbie
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Activity: 120
Merit: 0
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March 20, 2019, 12:45:21 PM |
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why the new thread
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ICOEthics
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March 20, 2019, 02:21:15 PM |
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Hello,
Do you have a team and a whitepaper? please provide links.
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nappsuelze
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Activity: 161
Merit: 19
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March 20, 2019, 06:07:58 PM Merited by Nerd-Labs (11) |
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Is this a takeover of the project or why the new thread? Anyway I want to ask if you intend to implement Masternodes or at least increase the APR because now with 1.337% not many users will be tempted to stake this coin, including me. Cheers mates!
It's a friendly takeover. Xenonflux doesn't currently have the time to continue as dev. Hence nerdlabs and flapmin came onboard. Can be verified here: https://bitcointalk.org/index.php?topic=2249640.msg44992054#msg44992054Masternodes might be implemented in the future but it's currently not the plan. APR is final and was decided by the community. I do get your point that it's low, but in the end it doesn't really make a difference. You can stake at 1000 % apr and have the coin inflate by 1000 % yearly or stake at 1.337 % apr and only have that as inflation. Value-wise, it doesn't matter. |
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vella85
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March 20, 2019, 09:57:23 PM |
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I like the new ANN and new updates on where this project is heading. I have been in Elite since 2015 so I am a long term holder and in that time I haven't sold a single coin as I believe in the long term future here. I do have a question and that is why hasn't this new ANN been announced in the Elite discord server so we all know about it?
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nappsuelze
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Activity: 161
Merit: 19
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March 21, 2019, 07:07:13 AM |
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I do have a question and that is why hasn't this new ANN been announced in the Elite discord server so we all know about it?
It has just been announced there. |
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nappsuelze
Member
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Activity: 161
Merit: 19
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March 21, 2019, 07:19:08 AM |
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Where is the white paper.please give me link.
Check the website for all up-to-date links: https://www.elitecurrency.info/There is no whitepaper... |
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KnightRiderus
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March 21, 2019, 08:08:40 AM |
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for great project it is simply unacceptable. iam more confused that they have been working for more than a year and the results when looking only at the numbers. |
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nappsuelze
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Activity: 161
Merit: 19
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March 21, 2019, 08:32:46 AM |
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for great project it is simply unacceptable. iam more confused that they have been working for more than a year and the results when looking only at the numbers. This is a community coin which is already 5 years old. Not a fancy-whitepaper ico coin from 2017  Development and support is only done by volunteers... |
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othell_rogue
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March 21, 2019, 09:37:37 AM |
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Is this a takeover of the project or why the new thread? Anyway I want to ask if you intend to implement Masternodes or at least increase the APR because now with 1.337% not many users will be tempted to stake this coin, including me. Cheers mates!
It's a friendly takeover. Xenonflux doesn't currently have the time to continue as dev. Hence nerdlabs and flapmin came onboard. Can be verified here: https://bitcointalk.org/index.php?topic=2249640.msg44992054#msg44992054Masternodes might be implemented in the future but it's currently not the plan. APR is final and was decided by the community. I do get your point that it's low, but in the end it doesn't really make a difference. You can stake at 1000 % apr and have the coin inflate by 1000 % yearly or stake at 1.337 % apr and only have that as inflation. Value-wise, it doesn't matter. I get the inflation thing but trust me, since I like POS coins I have staked almost all during last 3 years... and I know that when the APR drops below 10% the coins will not present any more interest to the investors beacause there is no gains beside the probable price increase. Is also the case of 1337 too, see how the price went down from 3-4 sats to under 1 sat. I can give you a lot of examples of coins that went to dust if the APR is not good enough. I don't say to be 1000% but something between 10 and 50% is the sweet spot if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR. |
To Buy, or not to Sell? That is the question.
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nappsuelze
Member
Offline
Activity: 161
Merit: 19
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March 21, 2019, 10:00:09 AM |
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I get the inflation thing but trust me, since I like POS coins I have staked almost all during last 3 years... and I know that when the APR drops below 10% the coins will not present any more interest to the investors beacause there is no gains beside the probable price increase. Is also the case of 1337 too, see how the price went down from 3-4 sats to under 1 sat. I can give you a lot of examples of coins that went to dust if the APR is not good enough. I don't say to be 1000% but something between 10 and 50% is the sweet spot if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR. Fair point, I agree that most "investors" want to see higher numbers, no matter what it means for the actual value. As I said, there were many discussions and a community vote on the topic. I was arguing for 13.37 % back in the day, but now I think we should stick to the community decision. Regarding the price, I hope we can agree that this was not primarily due to the low apr. Everything went down the drain last year... Look back at 2016 when Elite apr was much much higher (it was actually 1337 % at some point). Price was even lower than it is now. |
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vella85
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March 21, 2019, 10:15:39 PM |
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I get the inflation thing but trust me, since I like POS coins I have staked almost all during last 3 years... and I know that when the APR drops below 10% the coins will not present any more interest to the investors beacause there is no gains beside the probable price increase. Is also the case of 1337 too, see how the price went down from 3-4 sats to under 1 sat. I can give you a lot of examples of coins that went to dust if the APR is not good enough. I don't say to be 1000% but something between 10 and 50% is the sweet spot if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR. Fair point, I agree that most "investors" want to see higher numbers, no matter what it means for the actual value. As I said, there were many discussions and a community vote on the topic. I was arguing for 13.37 % back in the day, but now I think we should stick to the community decision. Regarding the price, I hope we can agree that this was not primarily due to the low apr. Everything went down the drain last year... Look back at 2016 when Elite apr was much much higher (it was actually 1337 % at some point). Price was even lower than it is now. I think I can also chime in here and say that its not always about the APR percentage. What really counts for a coins success is the use case and active developments. If people see that Elite has a good use case and is active working on developments then people would buy just for that alone and not worry about the APR. Most PoS projects fail because they have nothing on offer except for their attractive APR and have no use case so of course they die. I like what Elite is doing and if all goes well then we'll start seeing people using Elite coins for games etc... |
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TimeTeller
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March 21, 2019, 10:41:51 PM |
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I get the inflation thing but trust me, since I like POS coins I have staked almost all during last 3 years... and I know that when the APR drops below 10% the coins will not present any more interest to the investors beacause there is no gains beside the probable price increase. Is also the case of 1337 too, see how the price went down from 3-4 sats to under 1 sat. I can give you a lot of examples of coins that went to dust if the APR is not good enough. I don't say to be 1000% but something between 10 and 50% is the sweet spot if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR. Fair point, I agree that most "investors" want to see higher numbers, no matter what it means for the actual value. As I said, there were many discussions and a community vote on the topic. I was arguing for 13.37 % back in the day, but now I think we should stick to the community decision. Regarding the price, I hope we can agree that this was not primarily due to the low apr. Everything went down the drain last year... Look back at 2016 when Elite apr was much much higher (it was actually 1337 % at some point). Price was even lower than it is now. I think I can also chime in here and say that its not always about the APR percentage. What really counts for a coins success is the use case and active developments. If people see that Elite has a good use case and is active working on developments then people would buy just for that alone and not worry about the APR. Most PoS projects fail because they have nothing on offer except for their attractive APR and have no use case so of course they die. I like what Elite is doing and if all goes well then we'll start seeing people using Elite coins for games etc... Yes, actual application is really vital in keeping up the coin alive. If elite has no use case, they might have been eating the dust for so long already. So this new dev team might being doing us a favor to further strengthen this project. Who knows, they might boost its value in the coming days? |
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othell_rogue
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March 22, 2019, 06:54:47 AM |
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I get the inflation thing but trust me, since I like POS coins I have staked almost all during last 3 years... and I know that when the APR drops below 10% the coins will not present any more interest to the investors beacause there is no gains beside the probable price increase. Is also the case of 1337 too, see how the price went down from 3-4 sats to under 1 sat. I can give you a lot of examples of coins that went to dust if the APR is not good enough. I don't say to be 1000% but something between 10 and 50% is the sweet spot if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR. Fair point, I agree that most "investors" want to see higher numbers, no matter what it means for the actual value. As I said, there were many discussions and a community vote on the topic. I was arguing for 13.37 % back in the day, but now I think we should stick to the community decision. Regarding the price, I hope we can agree that this was not primarily due to the low apr. Everything went down the drain last year... Look back at 2016 when Elite apr was much much higher (it was actually 1337 % at some point). Price was even lower than it is now. I think I can also chime in here and say that its not always about the APR percentage. What really counts for a coins success is the use case and active developments. If people see that Elite has a good use case and is active working on developments then people would buy just for that alone and not worry about the APR. Most PoS projects fail because they have nothing on offer except for their attractive APR and have no use case so of course they die. I like what Elite is doing and if all goes well then we'll start seeing people using Elite coins for games etc... Yes, actual application is really vital in keeping up the coin alive. If elite has no use case, they might have been eating the dust for so long already. So this new dev team might being doing us a favor to further strengthen this project. Who knows, they might boost its value in the coming days? I don't want to spread FUD, but since 1337 aka Elite wasn't able to find a purpose or a use case in almost 4 years, after changing devs each year I don't think will ever find it. BTW where did you come out with "est 2014"? when first block was generated in late 2015. Anyway, I wish you good luck, you'll need a lot. |
To Buy, or not to Sell? That is the question.
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Dr.Sponge
Member
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Activity: 602
Merit: 10
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March 22, 2019, 06:57:33 AM |
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I wanted to make such wallets with that kind of address like yours. But how you can make that address? Its a kind of vanity?
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Nerd-Labs (OP)
Member
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Activity: 64
Merit: 24
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March 22, 2019, 07:35:32 PM |
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Is this a takeover of the project or why the new thread? Anyway I want to ask if you intend to implement Masternodes or at least increase the APR because now with 1.337% not many users will be tempted to stake this coin, including me. Cheers mates!
its not a takeover the same teams been working on 1337 for several months and we just now are getting around to a new ann. no one has control over the old one anymore . as far as i know there is no plan or interest to add master nodes |
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Nerd-Labs (OP)
Member
Offline
Activity: 64
Merit: 24
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March 22, 2019, 07:36:50 PM |
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I get the inflation thing but trust me, since I like POS coins I have staked almost all during last 3 years... and I know that when the APR drops below 10% the coins will not present any more interest to the investors beacause there is no gains beside the probable price increase. Is also the case of 1337 too, see how the price went down from 3-4 sats to under 1 sat. I can give you a lot of examples of coins that went to dust if the APR is not good enough. I don't say to be 1000% but something between 10 and 50% is the sweet spot if not, i can "stake" NEO / ONT / NAV / XTZ / etc. Coins that have between 5 and 10% APR. Fair point, I agree that most "investors" want to see higher numbers, no matter what it means for the actual value. As I said, there were many discussions and a community vote on the topic. I was arguing for 13.37 % back in the day, but now I think we should stick to the community decision. Regarding the price, I hope we can agree that this was not primarily due to the low apr. Everything went down the drain last year... Look back at 2016 when Elite apr was much much higher (it was actually 1337 % at some point). Price was even lower than it is now. I think I can also chime in here and say that its not always about the APR percentage. What really counts for a coins success is the use case and active developments. If people see that Elite has a good use case and is active working on developments then people would buy just for that alone and not worry about the APR. Most PoS projects fail because they have nothing on offer except for their attractive APR and have no use case so of course they die. I like what Elite is doing and if all goes well then we'll start seeing people using Elite coins for games etc... Yes, actual application is really vital in keeping up the coin alive. If elite has no use case, they might have been eating the dust for so long already. So this new dev team might being doing us a favor to further strengthen this project. Who knows, they might boost its value in the coming days? I don't want to spread FUD, but since 1337 aka Elite wasn't able to find a purpose or a use case in almost 4 years, after changing devs each year I don't think will ever find it. BTW where did you come out with "est 2014"? when first block was generated in late 2015. Anyway, I wish you good luck, you'll need a lot. i changed it to 2015 thanks i was basing it on when i met the old dev my bad |
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