Well i am sure hopeful this coin goes some where. If not, it is my first real investment loss for crypto. Usually i am not *that* bad at picking coins. I guess i missed the exit and got left holding the bag.
check the Git....
What is a git? i mean, i am guessing it is github which appears to be some type of place devs can make their work public. I am not a dev, only took intro to c++/java classes.
I wouldn't know what i am looking at. I get that everyone is busy, but it really seems like no one cares at this point. If the devs cared about the coin they would post a little something once in a while, i don't think weekly is too much to ask for, like hey we are still around, just slow progress. That is fine in my book. Today was the first day in a while i came to see if there was info and there were a couple new posts, before that crickets for a week.
The last thing to happen to this coin was a drastic decision to go from pow to pos only. Since then it has tanked.
When the only thing driving the price is speculation, if the information we all speculate on begins to fade out, so will the coin.
What has nrs really done? Besides attempt to make a multipool. It almost feels like they stopped proof of work so they wouldn't have to worry about answering why the pool went down and never came back up.
Over 9 days ago information was asked for, about the premine and where it all went and such. Without answers to questions like that, this coin has no future. Because like i said, if the devs really cared, they would try to disprove someone trying to smear them. They didn't though, which adds validity to the guy who was in here bitchin before. So instead of putting their balls on the table and being like "here is everything, transparent enough for you nay sayers?" They say nothing despite them claiming they would have this information available.
Even mario has been quiet lately in here..
When and what were the last general fund payouts, How are the miners coming along, what have the btc from the mining operation been used for? Where is the premine? Why not use that to hire a person who actually knows how to code? There a handful of good questions that get danced around, i try to give people the benefit of doubt, but things certainly aren't adding up in the devs favor here. I get they don't control the price of the coin. They control the value of the coin by making it useful. Right now, nrs is totally useless. I hope it gains some utility in the future, but do any merchants accept nrs? Anything? Can i do ANYTHING with the coin other than stake it? Without info on what is going to happen in the future, yeah.
Norbits was a huge success from what i heard
Mostly disappointed in my self more than anything, i should have known better.
I read it every day, but does not have to comment on everything. I just wait on the work of barwizi and his team.
a question I have too. logan What does the accounting treatment??? and why not run the miner?
the eternal question for the theme premine you can read it in the OP
https://bitcointalk.org/index.php?topic=565623.0The Specifications
Doubles as both currency and equity for Noir Group.
80 shares per block initially
5 minute block time
Per block difficulty adjustment
PoW ends at 50,000
5% block reward reduction every 3000 blocks
3% stake, minimum stake age is 7 days, full age 14 days
Transaction fees at 0.01 NRS are destroyed in an attempt at aggressively countering inflation due to mining and stake
250k seed for corporate development, bounties, salaries, marketing, etc, approved expenses voted on by board members As the chain progresses and transitions to relying more on PoS blocks, it becomes highly energy efficient in comparison to pure PoW coins.
This weaning of reliance on high powered machines encourages the average user to be able to have a functioning node that if used properly can be profitable.
