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Author Topic: [ANN][PHL] Placeholders – x16r PoW/No Premine/Decentralized AWS/Google Cloud  (Read 353 times)
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October 07, 2020, 01:23:44 PM
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October 07, 2020, 09:59:19 PM
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This project has been in the market for quite a while already. In crex, the trading for this coin started last year (March 2019). So is this the only thread here in the forum? Why so late to post your project here in the forum?

You said there is no premine, but why is block 1 having 3.5M coins, which is about 97.6% of your current supply? Also, you don't have the top 100 richlist in your block explorer.
Is there an explanation of these 3.5M coins and publishing on your site as no premine? I am just wondering here.

https://explorer.placeh.io/block/0000001f500b678aeab2665257ace2adf45aeb31df7a9a17e0cc79c90e411207




https://www.placeh.io/index.jsp#map
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October 08, 2020, 03:17:34 AM
Last edit: October 27, 2020, 02:25:03 PM by bullionxpress
 #3

We started with a SHA256 algorithm. It was clear that our chain was being stalled by miners who would drive the hash through the roof while it was easy and then pull their hash as it got close to 2016 block difficulty adjustment
 
This caused our chain to stall. We decided as a a community to fork to x16R and implement dark gravity waves to keep the chain moving.

When we did our fork, we took a snapshot of all of the wallet balances and redistributed those balances for a new genesis block.

We forked again when we made changes to the supply curve  as it was clear that supply > demand. We now have the utility to have a balance which is why our coin has not dropped to 1-2 SATs

Our explorer was just upgraded and is still synchronizing.
Thank you for the question.

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October 08, 2020, 10:56:18 PM
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Why not aim to be listed in coinmarketcap huh? This was an old coin, it should be have enough condition to be listed in there. I wonder why it didn't happen Huh

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October 09, 2020, 10:46:53 AM
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We started with a SHA256 algorithm. It was clear that our chain was being stalled by miners who would drive the hash through the roof while it was easy and then pull their hash as it got close to 2016 block difficulty adjustment



Drive the hash through the roof? Lol You need a father to beat the dumb shit out of your ass. Hash, algorithms and such... <- you shall not bother about this stuff. Dont make a clown out of yourself with your naive bromides cos everyone already got you a chance to prove yourself by giving you the forum space for your announcement. Torpid brain cant come up with anything better than a poorly worded thicket of words you put up above.
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October 10, 2020, 07:14:44 PM
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We started with a SHA256 algorithm. It was clear that our chain was being stalled by miners who would drive the hash through the roof while it was easy and then pull their hash as it got close to 2016 block difficulty adjustment



Drive the hash through the roof? Lol You need a father to beat the dumb shit out of your ass. Hash, algorithms and such... <- you shall not bother about this stuff. Dont make a clown out of yourself with your naive bromides cos everyone already got you a chance to prove yourself by giving you the forum space for your announcement. Torpid brain cant come up with anything better than a poorly worded thicket of words you put up above.

They are not serious about all of this, it is something wasteful for the language and many other projects have a bigger and better chance than this.

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October 27, 2020, 01:19:30 PM
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For skeptics, I invite them to look at my repositories on github. They can find our older initial pre-fork repo named "placeh". https://www.github.com/xagau/placeh

If you look at the commit history then you will have the answer to to whether or not there was any premine. Make sure to check the dates, and look at the original commits and how the project progressed.
The second fork; when we switched to X16R, we did this shortly after Ravencoin had been having success of deterring asic miners.

Anyone can fork BTC and if your coin receives any attention at all I guarantee you will run into the same issue - your difficulty will go up so high (people will use Nice Hash) to grab all of the coins in the series and then pull away quickly as the 2016 difficulty adjustment algorithm kicks in. Fortunately with Dark Gravity Wave it keeps our blocks moving at a steady rate. 1 per minute.

The main reason for our announcement is that we are moving to a headless PI solution that we believe will add value to the cryptocurrency space.
Although I am a "newbie" please, check the date of registration of my account. I assure you I was involved in cryptocurrencies before you.





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October 27, 2020, 01:56:09 PM
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Why not aim to be listed in coinmarketcap huh? This was an old coin, it should be have enough condition to be listed in there. I wonder why it didn't happen Huh
We don't have anyone on our team that knows anybody over at CMC. Maybe you should join our discord and help that happen!

Please read my above post with care and a clear open mind - maybe some compassion - and don't jump to any conclusions. The world is running out of fossil fuels and that means cryptocurrencies will need to move away from energy intense to low energy consumption. With our headless PI solution we're going in that direction. It also adds other benefits.


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October 27, 2020, 02:18:19 PM
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Why not aim to be listed in coinmarketcap huh? This was an old coin, it should be have enough condition to be listed in there. I wonder why it didn't happen Huh

PHL is only listed on Crex24 and qTrade. While Crex24 is already listed for some time on CMC they just recently listed qTrade as an exchange. But good idea to try to get listed on CMC now.

You said there is no premine, but why is block 1 having 3.5M coins, which is about 97.6% of your current supply? Also, you don't have the top 100 richlist in your block explorer.

I have mined most of my PHL on the original sha256 chain, still holding most of them. Even I never 100% understood the reason to hardfork with a chain restart, I can confirm that the transaction you point out in your post was just to distribute all coins back to every address holding pre-fork.
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