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Question: What are your thoughts on changing Mjollnircoin fundementals ?
I want to see MNR go full PoS - 7 (18.4%)
I want to see MNR go hybrid PoS/PoW - 15 (39.5%)
Please do not change anything, keep it PoW - 13 (34.2%)
I have no idea - 3 (7.9%)
Total Voters: 38

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Author Topic: [ANN] Mjollnircoin - MNR - Ultra-secure, Fast Transactions & ASIC resistant  (Read 79897 times)
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June 25, 2014, 08:41:52 PM
 #1181

https://mnr.suprnova.cc

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Spread a little hash over - its free Smiley

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June 25, 2014, 08:45:18 PM
 #1182

Keep voting at MintPal!!

https://www.mintpal.com/voting

#73   ----- > 2224 votes Cheesy

We are on Bittrex now, that will be enough for now. Mjollnircoin is not yet established enough to sustain two large Exchange platforms
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June 25, 2014, 08:59:31 PM
 #1183

Keep voting at MintPal!!

https://www.mintpal.com/voting

#73   ----- > 2224 votes Cheesy

We are on Bittrex now, that will be enough for now. Mjollnircoin is not yet established enough to sustain two large Exchange platforms

Great Smiley
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June 25, 2014, 09:46:21 PM
 #1184

Ok guys.  Have tweeted Moolah.io and Bittylicious to add MNR they do direct conversion to and from fiat currency.  The more people we can get tweeting them the more likely it is they will add.  (@moolah_io and @Bittylicious_ )


Thats whats up!! Ill pass on some tweets as well..



Soon it will be too hard to mine this coin, people shouldnt sell cheap.

I guess in 2-3 weeks 1 Mjollnircoin will be trading about the $0.02 (0.00004 btc) mark


Next stop .. moon launch pad!

 
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June 25, 2014, 10:49:01 PM
 #1185

Just don't use the "M" word please.  It's like mentioning the "Scottish Play" to a Shakespearean actor.  Only bad things can come from it.

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June 26, 2014, 12:42:28 AM
 #1186

Just don't use the "M" word please.  It's like mentioning the "Scottish Play" to a Shakespearean actor.  Only bad things can come from it.

Its typical coin speak for lets hope this coins does really well nothing more..


If you want to turn it into a haunting legends tails of oh my god the guy who mentioned the "m" word and the world ended..  you go right ahead! Just dont expect everyone to play along..



 
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June 26, 2014, 07:09:26 AM
 #1187

https://mnr.suprnova.cc

0% fee
Suprnova Quality

Spread a little hash over - its free Smiley

thx a lot  Grin

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June 26, 2014, 01:46:54 PM
 #1188

This coin is a massive opportunity for someone with a few BTC.  It will take just 12 BTC on Bittrex to get the price from 3K satoshi to 123K and remember the only other exchange it is on is Comkort, with about 0.2 BTC worth for sale there.  Remember it's a very scarce coin and very slowly mined:)

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June 26, 2014, 02:00:58 PM
 #1189

Hey all.

Anyway someone could poke the block explorer and get it working? 

I could really use a good block explorer to help your community when they enter tickets at bittrex Smiley

Thanks,


Ryan @ Bittrex

Looking for the best exchange? -> https://bittrex.com
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June 26, 2014, 03:02:34 PM
 #1190

Yeah Brokkir said he was working on it. Apparently it was an issue with the hosting company.  I think he'll be at work now.  He usually gets back in the evening (my time, UK).

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June 26, 2014, 04:34:34 PM
 #1191

Yeah Brokkir said he was working on it. Apparently it was an issue with the hosting company.  I think he'll be at work now.  He usually gets back in the evening (my time, UK).

Yes that's true

It is still down, the VPS provider is Centarra. I will be looking for a new VPS to host the block chain explorer if this is not solved tonight
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June 26, 2014, 06:37:18 PM
 #1192

Yeah Brokkir said he was working on it. Apparently it was an issue with the hosting company.  I think he'll be at work now.  He usually gets back in the evening (my time, UK).

Yes that's true

It is still down, the VPS provider is Centarra. I will be looking for a new VPS to host the block chain explorer if this is not solved tonight


Hi,

Any further thoughts regarding the wallet enhancements?

AA.

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June 26, 2014, 08:25:05 PM
 #1193

Guys this is just a what if?  What would you think about moving to POS?  Would love some opinions.  Not up to me of course.  It's up to Brokkir as it is his coin but might be worth discussing.  I was thinking moving to POS at 2m or 2.5m coins approx then coin supply increasing slowly through POS, rather than mining, whilst retaining the same total coins.  That would compensate for long term inflation (at least several hundred years if done right).

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June 26, 2014, 08:34:30 PM
 #1194

Guys this is just a what if?  What would you think about moving to POS?  Would love some opinions.  Not up to me of course.  It's up to Brokkir as it is his coin but might be worth discussing.  I was thinking moving to POS at 2m or 2.5m coins approx then coin supply increasing slowly through POS, rather than mining, whilst retaining the same total coins.  That would compensate for long term inflation (at least several hundred years if done right).

I am in favour of POS, i see no future of POW  Smiley

Fair Launch, No Premine and Active Devs = Logicoin
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June 26, 2014, 09:04:10 PM
 #1195

 ::)good coin.good dev.come on.we need same plans.
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June 26, 2014, 09:49:46 PM
Last edit: June 26, 2014, 11:04:07 PM by Soul_eater_123
 #1196

I agree. Brokkir is a bit wary as it can be difficult to set the correct interest rate.  So we would be grateful for opinions on this from people who have more of a grounding in economics.  Just to be clear Proof of Stake just alters the way coins are produced with the rate being dependent on interest (rather than block rewards/block time with mining).  The coin total can be kept the same.  Since less "work" or energy is required the growth of coin supply is normally slower than with mining to prevent the market being flooded with coins.  The aim is to have an interest rate that is high enough to ensure continuing utility of the coin without growing the market too fast.  Any suggestions for what the rate should be? My personal opinion is a maximum rate of 5% per year.

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June 26, 2014, 09:51:35 PM
 #1197

::)good coin.good dev.come on.we need same plans.

Brokkir has lot's of great ideas.  He's currently looking into other things, such as coloured coins, POE, merchant/retailer integration and is also looking at adding more members to the team.  Indeed he is currently in discussion with a potential new team member right now.

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June 26, 2014, 11:00:18 PM
 #1198


I am in favour of POS, i see no future of POW  Smiley

I agree.  With a chained hashing algorithm ASICs will take a long time to develop which means a long period of GPU mining which is ultimately expensive energy wise.  ASICs are here to stay and the only alternative in energy terms (in fact it's even more energy efficient) is POS.

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June 26, 2014, 11:28:25 PM
 #1199

Just a few more details if MNR goes POS at 2 million coins that would leave 40 million coins for interest at 5% per year.

In the first year that would add 100,000 coins, in the second year 105,000 would be added and so on.  At this rate it would take about 62 years to reach 42 million coins.


At 2.5% interest it would take twice as long about 124 years to reach 42 million coins.

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June 27, 2014, 04:17:39 AM
 #1200

Couple things to think about.

In 10 years bitcoin, altcoins and everything similar will be replaced by the next "big thing".  So I wouldn't worry about looking "to far" out.

Need to be very careful thinking about POS.  The coin could easily die.  Right now the people interested in it are miners.  If you take away the mining part of this coin then possibly 90% of people currently supporting it would go away.

I'd personally not consider making this type of change until long after marketing and coin acceptance has been established as a way of trade.

Just something to think about.
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