[ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield

[BTCrawl]

any details that can be released to public about POS  BK. now would be a good time to drip feed some info to turn this little rally into a big rally

Imagine if BK announced that POW ends after 5 million coins :-) We'd be at 2 dollars a coin within a week!

[karmalite333]

BlockChain reports last block found 3Hrs 25min ago.

[karmalite333]

nomp.thecryptopool.com is down. I think this was a big source of the Network hashrate and subsequently the blockchain has slowed to a crawl. We all need to get on UBER pool as it seems to be the only one that is even alive, and get the blockchain moving.

[BTCrawl]

nomp.thecryptopool.com is down. I think this was a big source of the Network hashrate and subsequently the blockchain has slowed to a crawl. We all need to get on UBER pool as it seems to be the only one that is even alive, and get the blockchain moving.

Damn, nice catch. Another reason for POS I guess, we shouldn't be dependent on one pool controlling a vast majority of the network
Edit: Does anyone know the owner of UBER pool? If everyone starts mining there we'll be giving them a substantial part of the hashrate. Would be nice to hear that the owner is alright before that...

[mdtspain]

Go POS, forget about the merged mining. If the coin that you planning to merge with start to have problems (dev, FUD, scam...etc,etc) than NAUT will sofer as well...and you can't do anything about it. STAY INDEPENDENT so that YOU can control your coin.

If you have plans or ideas then talk with more then 1 dev about it. Maybe things are possible, maybe not easy.

We are on the right way... comunicating, giving bits of information....you will see, NAUT will start to rise and rise.

[FlyingMongoose]

Looks like bidcoind has added nautiluscoin (or so says their twitter).

[BTCrawl]

Go POS, forget about the merged mining. If the coin that you planning to merge with start to have problems (dev, FUD, scam...etc,etc) than NAUT will sofer as well...and you can't do anything about it. STAY INDEPENDENT so that YOU can control your coin.

If you have plans or ideas then talk with more then 1 dev about it. Maybe things are possible, maybe not easy.

We are on the right way... comunicating, giving bits of information....you will see, NAUT will start to rise and rise.

rat4, the developer of Blackcoin, is a very cool and helpful guy. I'm sure he'd be willing to lend a hand. There's probably only a handful of people who understands POS as well as he does. Might be worth looking in to?

[cypz]

Go POS, forget about the merged mining. If the coin that you planning to merge with start to have problems (dev, FUD, scam...etc,etc) than NAUT will sofer as well...and you can't do anything about it. STAY INDEPENDENT so that YOU can control your coin.

If you have plans or ideas then talk with more then 1 dev about it. Maybe things are possible, maybe not easy.

We are on the right way... comunicating, giving bits of information....you will see, NAUT will start to rise and rise.

rat4, the developer of Blackcoin, is a very cool and helpful guy. I'm sure he'd be willing to lend a hand. There's probably only a handful of people who understands POS as well as he does. Might be worth looking in to?

this sounds like a really good idea look into it BK , the sooner pos is implemented the better as it secures the whole blockchain without the need for miners/pools which atm are causing some issues with transaction speed.

[BTCrawl]

Go POS, forget about the merged mining. If the coin that you planning to merge with start to have problems (dev, FUD, scam...etc,etc) than NAUT will sofer as well...and you can't do anything about it. STAY INDEPENDENT so that YOU can control your coin.

If you have plans or ideas then talk with more then 1 dev about it. Maybe things are possible, maybe not easy.

We are on the right way... comunicating, giving bits of information....you will see, NAUT will start to rise and rise.

rat4, the developer of Blackcoin, is a very cool and helpful guy. I'm sure he'd be willing to lend a hand. There's probably only a handful of people who understands POS as well as he does. Might be worth looking in to?

this sounds like a really good idea look into it BK , the sooner pos is implemented the better as it secures the whole blockchain without the need for miners/pools which atm are causing some issues with transaction speed.

On a sidenote, it's amazing that the price has gone up despite the recent issues with the pool :-)

[pastet89]

You got so fast on Mintpal, congrats... Some coins need months to do so.

[karmalite333]

We all need to band together and aim hashing power at the NAUT guys.

[BK_PHI]

Thanks for the heads up on the HASH rate and the pool going down.  I have not mined the coin since the pre-mine (I wanted to make sure there was fair distribution) but to keep the blocks moving I will personally rent a miner and use the blocks mined for the NSF

-BK

[cypz]

Thanks for the heads up on the HASH rate and the pool going down.  I have not mined the coin since the pre-mine (I wanted to make sure there was fair distribution) but to keep the blocks moving I will personally rent a miner and use the blocks mined for the NSF

-BK

nice one BK!!

can you give us a few hints on what ur plan is for this week ahead so we can help in any way

[BTCrawl]

Thanks for the heads up on the HASH rate and the pool going down.  I have not mined the coin since the pre-mine (I wanted to make sure there was fair distribution) but to keep the blocks moving I will personally rent a miner and use the blocks mined for the NSF

-BK

You're awesome BK!

[BK_PHI]

Thanks for the heads up on the HASH rate and the pool going down.  I have not mined the coin since the pre-mine (I wanted to make sure there was fair distribution) but to keep the blocks moving I will personally rent a miner and use the blocks mined for the NSF

-BK

nice one BK!!

can you give us a few hints on what ur plan is for this week ahead so we can help in any way

In the short run, I am using Eobot.com to mine NAUT.  The operator is fantastic and for someone who is less technical like me it is very easy to get up and running.  

Can anyone tell me how many GHS I will need to get things moving again?




Plan for this week:  

#1 Priority is PoS, this has been taking way too long and as the creator of the coin I take full responsibility for the delay. I have been working on things that I am an expert at, but obviously I need to focus all my energy on the switch.

[BTCrawl]

Thanks for the heads up on the HASH rate and the pool going down.  I have not mined the coin since the pre-mine (I wanted to make sure there was fair distribution) but to keep the blocks moving I will personally rent a miner and use the blocks mined for the NSF

-BK

nice one BK!!

can you give us a few hints on what ur plan is for this week ahead so we can help in any way

In the short run, I am using Eobot.com to mine NAUT.  The operator is fantastic and for someone who is less technical like me it is very easy to get up and running.  

Can anyone tell me how many GHS I will need to get things moving again?




Plan for this week:  

#1 Priority is PoS, this has been taking way too long and as the creator of the coin I take full responsibility for the delay. I have been working on things that I am an expert at, but obviously I need to focus all my energy on the switch.

That sounds fatastic! PoS will give us more time to do other things, as it will help stabilize the price and secure the network while infrastructure is built Also there seems to be a PoS multipool in the works over at http://www.nautpool.com/ I don't know if you're involved in the building of it BK, but regardless it will help both the prize and the volume once it's up and running. For people in this thread who are new to this, a PoS multipool will mine other coins and use the BTC generated to buy the PoS coin in question. This means that the price is constantly being pushed upwards by the buy pressure generated, rather than pushed down as is happening during PoW.

Also I've talked to a couple of people about helping us out with PR, and I've contacted a few businesses about accepting Nautiluscoin payments. Nothing is final yet but if anything crystallizes I'll update everyone here immediately (after running it through with BK first if it's something big of course).
 

[cypz]

im not quite sure how many GH's it would take but it seems like its chugging along nicely again with the difficulty double wat it was today in the 300's so thats a good sign.

its been good in a way that pos hasent come yet as its allowed true believers to gather coins at these cheap prices and establish a floor for the coin.

we are starting to move up from here on very small volume which to me is a good indicator. when the coin starts to catch on we will see significant price increase which psychologically sparks ppl to buy the coin further increasing the rally, with the NSF working in coordination with a slow "pump" (hate saying it that way) other investors start to notice the coin.

keep working ur magic BK, i think everyone here is thankful (or will be in the future) having a captain who is a expert in finance steering this nautilus ship =)

#staynauti ppls  

[BK_PHI]

Thanks for the heads up on the HASH rate and the pool going down.  I have not mined the coin since the pre-mine (I wanted to make sure there was fair distribution) but to keep the blocks moving I will personally rent a miner and use the blocks mined for the NSF

-BK

nice one BK!!

can you give us a few hints on what ur plan is for this week ahead so we can help in any way

In the short run, I am using Eobot.com to mine NAUT.  The operator is fantastic and for someone who is less technical like me it is very easy to get up and running.  

Can anyone tell me how many GHS I will need to get things moving again?




Plan for this week:  

#1 Priority is PoS, this has been taking way too long and as the creator of the coin I take full responsibility for the delay. I have been working on things that I am an expert at, but obviously I need to focus all my energy on the switch.

That sounds fatastic! PoS will give us more time to do other things, as it will help stabilize the price and secure the network while infrastructure is built Also there seems to be a PoS multipool in the works over at http://www.nautpool.com/ I don't know if you're involved in the building of it BK, but regardless it will help both the prize and the volume once it's up and running. For people in this thread who are new to this, a PoS multipool will mine other coins and use the BTC generated to buy the PoS coin in question. This means that the price is constantly being pushed upwards by the buy pressure generated, rather than pushed down as is happening during PoW.

Also I've talked to a couple of people about helping us out with PR, and I've contacted a few businesses about accepting Nautiluscoin payments. Nothing is final yet but if anything crystallizes I'll update everyone here immediately (after running it through with BK first if it's something big of course).
 

I am not involved in the PoS Multipool - this is the first I even heard about this type of ppol existing - BUT I really like the idea, it fits in perfectly with the goal on constantly supporting the coin. 

Do we need more than one?

[BK_PHI]

Also, whoever is doing www.nautpool.com, if I can help in anyway, let me know.

[BTCrawl]

I am not involved in the PoS Multipool - this is the first I even heard about this type of ppol existing - BUT I really like the idea, it fits in perfectly with the goal on constantly supporting the coin. 

Do we need more than one?

Yeah, it was invented by the Blackcoin guys if I'm not mistaken. It's a really innovative way of having miners still being able to mine the coin without crashing the price :-) We don't need more than one though, as these types of multipools aren't important to the network security the way pools are for PoW coins.