lin0sspice
Legendary
Offline
Activity: 1190
Merit: 1002
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June 05, 2014, 04:15:29 AM |
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Less than 36hrs to Hard Fork Make sure to update your Wallet to v1.2.1
WARNING: Wallet version v1.2 announced 5 days ago is NOT the correct wallet for the hard fork. To check bring up your wallet, select menu item 'help' and go to 'about Saffron Coin'. It should say v1.2.1 NOT v1.2
We Hard Fork at Block 112,999
The fork will reduce coin creation by approx 67%. After June 7th Saffron Coin will be moving on to much bigger things to be announced. We have superstar developers, a superstar community and superstar plans.
So total coin after hard fork is just 36,300,000 SFR ?
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◆ Website ◆ Whitepaper ◆ Discord | ░░░█░░░░░░░░░░░░░░░░░░░░░░█░░░ ░░██░░░░░░░░░░░░░░░░░░░░░░██░░ ░███░░░░░░░░░░░░░░░░░░░░░░███░ ████░░░░░░░░░░░░░░░░░░░░░░████ ███░░░░░░░░░░░░░░░░░░░░░░░░███ ███░░░░░░░░░░░▄▄░░░░░░░░░░░███ ███░░░░░░░░░░▄██▄░░░░░░░░░░███ ███░░░░░░░░▄██████▄░░░░░░░░███ ███▄░░░░░░▄████████▄░░░░░░▄███ ████░░░░░▄██████████▄░░░░░████ ████░░░░▄████████████▄░░░░████ ░██████░░▀██████████▀░░███████ ░███████░░░▀██████▀░░░████████ ░████████▄░░░▀██▀░░░▄████████░ ░█████████▄░░░░░░░░▄███████░░░ ░░█████████▄░░░░░░▄███████░░░░ ░░░░██████████▄▄████████░░░░░░ ░░░░░░████████████████░░░░░░░░ ░░░░░░░██████████████░░░░░░░░░ ░░░░░░░░░██████████░░░░░░░░░░░ | | ░░░█░░░░░░░░░░░░░░░░░░░░░░█░░░ ░░██░░░░░░░░░░░░░░░░░░░░░░██░░ ░███░░░░░░░░░░░░░░░░░░░░░░███░ ████░░░░░░░░░░░░░░░░░░░░░░████ ███░░░░░░░░░░░░░░░░░░░░░░░░███ ███░░░░░░░░░░░▄▄░░░░░░░░░░░███ ███░░░░░░░░░░▄██▄░░░░░░░░░░███ ███░░░░░░░░▄██████▄░░░░░░░░███ ███▄░░░░░░▄████████▄░░░░░░▄███ ████░░░░░▄██████████▄░░░░░████ ████░░░░▄████████████▄░░░░████ ░██████░░▀██████████▀░░███████ ░███████░░░▀██████▀░░░████████ ░████████▄░░░▀██▀░░░▄████████░ ░█████████▄░░░░░░░░▄███████░░░ ░░█████████▄░░░░░░▄███████░░░░ ░░░░██████████▄▄████████░░░░░░ ░░░░░░████████████████░░░░░░░░ ░░░░░░░██████████████░░░░░░░░░ ░░░░░░░░░██████████░░░░░░░░░░░ | ◆ Latest News ◆ Twitter ◆ Telegram |
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hughjays77
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June 05, 2014, 05:23:30 AM |
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After Hard Fork it will be less than 9,000,000 SFR Less than 36hrs to Hard Fork Make sure to update your Wallet to v1.2.1
WARNING: Wallet version v1.2 announced 5 days ago is NOT the correct wallet for the hard fork. To check bring up your wallet, select menu item 'help' and go to 'about Saffron Coin'. It should say v1.2.1 NOT v1.2
We Hard Fork at Block 112,999
The fork will reduce coin creation by approx 67%. After June 7th Saffron Coin will be moving on to much bigger things to be announced. We have superstar developers, a superstar community and superstar plans.
So total coin after hard fork is just 36,300,000 SFR ?
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lin0sspice
Legendary
Offline
Activity: 1190
Merit: 1002
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June 05, 2014, 06:29:17 AM |
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Less than 9,000,000 coin in total? 110,000,000 - 9,000,000 = 101,000,000 Or total coin will be 9.000.000 ?
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◆ Website ◆ Whitepaper ◆ Discord | ░░░█░░░░░░░░░░░░░░░░░░░░░░█░░░ ░░██░░░░░░░░░░░░░░░░░░░░░░██░░ ░███░░░░░░░░░░░░░░░░░░░░░░███░ ████░░░░░░░░░░░░░░░░░░░░░░████ ███░░░░░░░░░░░░░░░░░░░░░░░░███ ███░░░░░░░░░░░▄▄░░░░░░░░░░░███ ███░░░░░░░░░░▄██▄░░░░░░░░░░███ ███░░░░░░░░▄██████▄░░░░░░░░███ ███▄░░░░░░▄████████▄░░░░░░▄███ ████░░░░░▄██████████▄░░░░░████ ████░░░░▄████████████▄░░░░████ ░██████░░▀██████████▀░░███████ ░███████░░░▀██████▀░░░████████ ░████████▄░░░▀██▀░░░▄████████░ ░█████████▄░░░░░░░░▄███████░░░ ░░█████████▄░░░░░░▄███████░░░░ ░░░░██████████▄▄████████░░░░░░ ░░░░░░████████████████░░░░░░░░ ░░░░░░░██████████████░░░░░░░░░ ░░░░░░░░░██████████░░░░░░░░░░░ | | ░░░█░░░░░░░░░░░░░░░░░░░░░░█░░░ ░░██░░░░░░░░░░░░░░░░░░░░░░██░░ ░███░░░░░░░░░░░░░░░░░░░░░░███░ ████░░░░░░░░░░░░░░░░░░░░░░████ ███░░░░░░░░░░░░░░░░░░░░░░░░███ ███░░░░░░░░░░░▄▄░░░░░░░░░░░███ ███░░░░░░░░░░▄██▄░░░░░░░░░░███ ███░░░░░░░░▄██████▄░░░░░░░░███ ███▄░░░░░░▄████████▄░░░░░░▄███ ████░░░░░▄██████████▄░░░░░████ ████░░░░▄████████████▄░░░░████ ░██████░░▀██████████▀░░███████ ░███████░░░▀██████▀░░░████████ ░████████▄░░░▀██▀░░░▄████████░ ░█████████▄░░░░░░░░▄███████░░░ ░░█████████▄░░░░░░▄███████░░░░ ░░░░██████████▄▄████████░░░░░░ ░░░░░░████████████████░░░░░░░░ ░░░░░░░██████████████░░░░░░░░░ ░░░░░░░░░██████████░░░░░░░░░░░ | ◆ Latest News ◆ Twitter ◆ Telegram |
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saffroncoin (OP)
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June 05, 2014, 07:54:27 AM |
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Less than 36hrs to Hard Fork Make sure to update your Wallet to v1.2.1
WARNING: Wallet version v1.2 announced 5 days ago is NOT the correct wallet for the hard fork. To check bring up your wallet, select menu item 'help' and go to 'about Saffron Coin'. It should say v1.2.1 NOT v1.2
We Hard Fork at Block 112,999
The fork will reduce coin creation by approx 67%. After June 7th Saffron Coin will be moving on to much bigger things to be announced. We have superstar developers, a superstar community and superstar plans.
So total coin after hard fork is just 36,300,000 SFR ? No it wil remain 111 million. Hughjays meant coins in circulation per day will reduce by 67%. At present 207000 coins are produced per day. This hardfork will reduce the coins per day to 86400
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saffroncoin (OP)
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June 05, 2014, 11:16:34 AM |
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We have thought of a new Tagline for SaffronCoin:
"SaffronCoin - The coin that matters"
Short,simple and to the point!
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saffroncoin (OP)
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June 05, 2014, 01:44:59 PM |
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When the hardfork kicks in tomorrow, to mine using X11 you need to specify algo=x11 in the conf. To mine using blake, you need to specify algo=blake or algo=blake256 in the conf.
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vipin.khatri20
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June 05, 2014, 02:51:56 PM |
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When the hardfork kicks in tomorrow, to mine using X11 you need to specify algo=x11 in the conf. To mine using blake, you need to specify algo=blake or algo=blake256 in the conf.
Is it possible to integrate anonymity of transaction in the coin, It will be great to have that and will get lot of attention. As I can see you have knowledge about software and technicalities unlike most other devs , so I think may be you can do it.
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saffroncoin (OP)
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June 05, 2014, 03:10:21 PM |
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When the hardfork kicks in tomorrow, to mine using X11 you need to specify algo=x11 in the conf. To mine using blake, you need to specify algo=blake or algo=blake256 in the conf.
Is it possible to integrate anonymity of transaction in the coin, It will be great to have that and will get lot of attention. As I can see you have knowledge about software and technicalities unlike most other devs , so I think may be you can do it. We had thought of anonymity but kept it reserved for a future hardfork. Anonymity is a dicy feature. It brings cons as well as concerns and possibility of illegal activities with it. We want to wait for sometime and see whether anonymity is just a hype or indeed has a future. We want SaffronCoin to not just be a coin with awesome features that can be traded on an exchange but also a coin that can be used at the national level of many countries as a virtual currency in the future. We are thinking of long term. An anonymity feature will certainly not be accepted by many countries. If we decide to include an anonymity feature, then it will be much different than what we see from other anonymous coins. I personally do not like Darkcoin's anonymity feature. I suspected it to be just hype because it was something new and different. If we decide to make SFR anonymous, then we would try to devise something that would revise the way crypto anonymity is seen and would be seen as something that is good for people rather than something that could cause illegal activities.
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vipin.khatri20
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June 05, 2014, 03:41:37 PM |
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When the hardfork kicks in tomorrow, to mine using X11 you need to specify algo=x11 in the conf. To mine using blake, you need to specify algo=blake or algo=blake256 in the conf.
Is it possible to integrate anonymity of transaction in the coin, It will be great to have that and will get lot of attention. As I can see you have knowledge about software and technicalities unlike most other devs , so I think may be you can do it. We had thought of anonymity but kept it reserved for a future hardfork. Anonymity is a dicy feature. It brings cons as well as concerns and possibility of illegal activities with it. We want to wait for sometime and see whether anonymity is just a hype or indeed has a future. We want SaffronCoin to not just be a coin with awesome features that can be traded on an exchange but also a coin that can be used at the national level of many countries as a virtual currency in the future. We are thinking of long term. An anonymity feature will certainly not be accepted by many countries. If we decide to include an anonymity feature, then it will be much different than what we see from other anonymous coins. I personally do not like Darkcoin's anonymity feature. I suspected it to be just hype because it was something new and different. If we decide to make SFR anonymous, then we would try to devise something that would revise the way crypto anonymity is seen and would be seen as something that is good for people rather than something that could cause illegal activities. I am impressed by your answer but in real world it is almost impossible for any country to use saffroncoin as national level currency. There are many things which should be kept in mind: 1. There are so many currencies present in the market that its very difficult to choose any single one and the obvious first choices will be Bitcoin and Litecoin. 2. There will be new currencies coming everyday with new features and big promises. 3. Even if virtual currency becomes big, it will attract the big investors, who will create their own currencies by investing huge amount of money and if they decide to invest in other currencies they will choose the currency with high volume as it is the safest. 4. The inflation rate of saffroncoin is still high, it will affect its image as attractive investment. The POS coins became popular because people who don't mine can also invest without worrying about new coins generated by some miners. 5. For any coin to be successful( I am not saying about pump n dump), it should have high volume and infrastructure. The only thing that separates bitcoin or litecoin from other coins is its infrastructure. 6. People who are investing in coins like anonymity and it is not 100% related to illegal activities. The reason is because when we deposit fiat in exchange, our documents are checked and this way govt. keeps track of deposits and withdrawals. The virtual currency can never replace fiat but yeah it can be used along with fiat. So my suggestion would be that for the success of the coin, you should give the market what it needs. As you have knowledge about the technical things this can always be changed with the market demand. First you have to get your coin noticed and create volume by the features market need and then you can keep working on other big things for the coin in future. This way you will also have some extra finances to work towards saffroncoin's future. If the coin comes in limelight like darkcoin many new investors will also come to invest in your project. Therefore I think you should start working on your amazing and new anonymity feature because the cryptocurrency market is too fast and if you lag behind in anything, it gets more and more difficult to catch up. I am just advising you this because I see you guys working impressively hard for this coin.
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saffroncoin (OP)
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June 05, 2014, 03:57:24 PM |
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Yes thanks i totally agree with you. Cryptocurrencies are just like some or the other brand. If your competitor comes up with something new, then you must come up with something better. This is never ending and will continue to happen.
Getting accepted on a bigger level is not our priority now. We need to make the coin such that it is one of the best out there by constantly providing some or the other innovative stuff. Like our Revolutionary Wallet will stand among the best out there. We have included features in it that no other Wallet has. Now for the core part, SFR is the first multi algo coin to feature X11 and blake. It is also the first multi-algo coin to use Digishield. We had a coin inflation problem earlier that wasn't checked, so the prices ended up being very low. But now with this hardfork, 67% lesser coins will be produced per day.
So we are working on some innovative stuff. Once we continue working on something new or something that stands out, volume, popularity and everything else will fall in place.
We are a small but growing and supportive community. Many amazing people over here have helped us in many ways and contributed a lot in the progress of SaffronCoin. Hopefully our community keeps growing and we become a coin that actually matters.
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vipin.khatri20
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June 05, 2014, 04:10:23 PM |
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Yes thanks i totally agree with you. Cryptocurrencies are just like some or the other brand. If your competitor comes up with something new, then you must come up with something better. This is never ending and will continue to happen.
Getting accepted on a bigger level is not our priority now. We need to make the coin such that it is one of the best out there by constantly providing some or the other innovative stuff. Like our Revolutionary Wallet will stand among the best out there. We have included features in it that no other Wallet has. Now for the core part, SFR is the first multi algo coin to feature X11 and blake. It is also the first multi-algo coin to use Digishield. We had a coin inflation problem earlier that wasn't checked, so the prices ended up being very low. But now with this hardfork, 67% lesser coins will be produced per day.
So we are working on some innovative stuff. Once we continue working on something new or something that stands out, volume, popularity and everything else will fall in place.
We are a small but growing and supportive community. Many amazing people over here have helped us in many ways and contributed a lot in the progress of SaffronCoin. Hopefully our community keeps growing and we become a coin that actually matters.
Yeah I trust you but in my opinion its better get noticed before and involve as many people as possible. I say this because the number of coins generated will increase everyday and few people will hold a lot of coins, this discourages new people to join us. We need as many people as possible involved because that way the coin distribution will be fair and this is one of the factor affecting any coins success.
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vipin.khatri20
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June 05, 2014, 04:16:38 PM |
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One more thing low inflation is also very important because there are so many people who don't mine like me. We have to buy coins from exchanges, so this is where POS coins attract me because in POS I will get fair share of new coins generated just by being a faithful investor. No body wants their investment to fall in value.
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saffroncoin (OP)
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June 05, 2014, 04:17:06 PM |
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Yes thanks i totally agree with you. Cryptocurrencies are just like some or the other brand. If your competitor comes up with something new, then you must come up with something better. This is never ending and will continue to happen.
Getting accepted on a bigger level is not our priority now. We need to make the coin such that it is one of the best out there by constantly providing some or the other innovative stuff. Like our Revolutionary Wallet will stand among the best out there. We have included features in it that no other Wallet has. Now for the core part, SFR is the first multi algo coin to feature X11 and blake. It is also the first multi-algo coin to use Digishield. We had a coin inflation problem earlier that wasn't checked, so the prices ended up being very low. But now with this hardfork, 67% lesser coins will be produced per day.
So we are working on some innovative stuff. Once we continue working on something new or something that stands out, volume, popularity and everything else will fall in place.
We are a small but growing and supportive community. Many amazing people over here have helped us in many ways and contributed a lot in the progress of SaffronCoin. Hopefully our community keeps growing and we become a coin that actually matters.
Yeah I trust you but in my opinion its better get noticed before and involve as many people as possible. I say this because the number of coins generated will increase everyday and few people will hold a lot of coins, this discourages new people to join us. We need as many people as possible involved because that way the coin distribution will be fair and this is one of the factor affecting any coins success. Yes we need to do some great PR, there are some news sites that have contacted us to write articles after the hardfork. Addition of 2 more algos will target more miners and the introduction of DigiShield will restrict dumpers. Hopefully all goes well!
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saffroncoin (OP)
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June 05, 2014, 04:21:34 PM |
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One more thing low inflation is also very important because there are so many people who don't mine like me. We have to buy coins from exchanges, so this is where POS coins attract me because in POS I will get fair share of new coins generated just by being a faithful investor. No body wants their investment to fall in value. We have checked the inflation with this hardfork. The amount of coins produced per day after the hardfork are fine compared to the max coins and the block reward. We need to see how it goes after the hardfork.
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mig6r
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June 05, 2014, 08:57:43 PM |
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Need to restart wallet to solomine x11 ? I want to make schedule to switch pool groestl to x11 solo
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saffroncoin (OP)
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June 05, 2014, 09:06:56 PM |
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Need to restart wallet to solomine x11 ? I want to make schedule to switch pool groestl to x11 solo
You have to restart the wallet/daemon once we reach block 112,999 only if you want to mine the new algos.
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saffroncoin (OP)
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June 05, 2014, 09:08:19 PM |
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We could have an x11 pool tomorrow. ZPOOL is getting a pool ready for us.
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