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Author Topic: [ANN][XC] >> Mandatory Update to new Wallet - The first POS X11 anonymous wallet  (Read 268356 times)
atcsecure (OP)
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May 23, 2014, 01:30:12 PM
 #1061

No one would loose any coins,i'm no tech expert but i presume there would be a hard fork with the wallet release,correct me if i am wrong ofc Tongue


Yes, it would hard fork at a certain block #

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AlexGR
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May 23, 2014, 01:30:27 PM
 #1062

Do it... the scarcer it is the better.
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May 23, 2014, 01:31:50 PM
 #1063

---------------     IMPORTANT     ---------------

I spoke with the Dev around 30 mins ago regarding the reduction of PoW coins, and he basically said that the decision to do so would be left with the community, so it is up to us whether he goes ahead or not.

DEV:
Quote
I'm open to anything, but can't think about that now, too much anon work to do - if the community agree's to reduce POW them I will do

MY VOTE:

Reduce PoW Blocks to about 10M coins (Remaining coins still need to 8-15 weeks mining until PoS) After 10 to 33 Just PoS.

The Dev is willing to do so if us, as a community, really wants this, but the decision must be taken before the wallet release.

DO IT  FUCKING DO IT!!!


WE ARE WITH YOU!!!!!!!!!!!!!!

+1 lol....

...
dadon
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May 23, 2014, 01:32:45 PM
 #1064

7 would be awesome but 10 is still sweet, thank you!!!
dragnar
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May 23, 2014, 01:33:49 PM
 #1065

---------------     IMPORTANT     ---------------

I spoke with the Dev around 30 mins ago regarding the reduction of PoW coins, and he basically said that the decision to do so would be left with the community, so it is up to us whether he goes ahead or not.

DEV:
Quote
I'm open to anything, but can't think about that now, too much anon work to do - if the community agree's to reduce POW them I will do

MY VOTE:

Reduce PoW Blocks to about 10M coins (Remaining coins still need to 8-15 weeks mining until PoS) After 10 to 33 Just PoS.

The Dev is willing to do so if us, as a community, really wants this, but the decision must be taken before the wallet release.

how about start a vote on this?

that's mean more pos coin? more green, you do not waster you GPU card to mine this, you just need to open you wallet.

it is better!

agree reduction !

lol no ty
niceman
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May 23, 2014, 01:34:16 PM
 #1066

No one would loose any coins,i'm no tech expert but i presume there would be a hard fork with the wallet release,correct me if i am wrong ofc Tongue
Hardfork is always problem for network stability.  Forks, disabled trading, pools on wrong forks wastes hashpower.

bitcoinwonders010
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May 23, 2014, 01:35:55 PM
 #1067

nice can't wait
jasemoney
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May 23, 2014, 01:36:16 PM
 #1068

sounds great, and hardforks happen, it causes a temp delay but we are professionals by now.  we can manage a little hardfork Wink

also stooge above me, atcsecure posted replies to those quotes so...

$MAID & $BTC other than that some short hodls and some long held garbage.
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May 23, 2014, 01:37:15 PM
 #1069

No one would loose any coins,i'm no tech expert but i presume there would be a hard fork with the wallet release,correct me if i am wrong ofc Tongue
Hardfork is always problem for network stability.  Forks, disabled trading, pools on wrong forks wastes hashpower.

I doubt very much this would be an issue as long as the exchanges and pools are all notified in time and everything is handled correctly
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May 23, 2014, 01:37:42 PM
 #1070

---------------     IMPORTANT     ---------------

I spoke with the Dev around 30 mins ago regarding the reduction of PoW coins, and he basically said that the decision to do so would be left with the community, so it is up to us whether he goes ahead or not.

DEV:
Quote
I'm open to anything, but can't think about that now, too much anon work to do - if the community agree's to reduce POW them I will do

MY VOTE:

Reduce PoW Blocks to about 10M coins (Remaining coins still need to 8-15 weeks mining until PoS) After 10 to 33 Just PoS.

The Dev is willing to do so if us, as a community, really wants this, but the decision must be taken before the wallet release.

I'm in as long as it means that I don't loose any of my coins.

guys i don't mean to burst your bubble but the post looks like a fake

DEV
Quote
anyone can make this quote and say dev has said it
taner is legit, it's true
Alisho
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May 23, 2014, 01:37:50 PM
 #1071

---------------     IMPORTANT     ---------------

I spoke with the Dev around 30 mins ago regarding the reduction of PoW coins, and he basically said that the decision to do so would be left with the community, so it is up to us whether he goes ahead or not.

DEV:
Quote
I'm open to anything, but can't think about that now, too much anon work to do - if the community agree's to reduce POW them I will do

MY VOTE:

Reduce PoW Blocks to about 10M coins (Remaining coins still need to 8-15 weeks mining until PoS) After 10 to 33 Just PoS.

The Dev is willing to do so if us, as a community, really wants this, but the decision must be taken before the wallet release.

I'm in as long as it means that I don't loose any of my coins.

NO coins would be lost, it will actually reduce the total # of POW blocks and switch directly to POS, the mining period would be drastically reduce to what ever block# is coded... I'd said maybe we could down to 10million max coins.... , and POS blocks will still eat some of those coins

that would be great!
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May 23, 2014, 01:41:02 PM
 #1072

No one would loose any coins,i'm no tech expert but i presume there would be a hard fork with the wallet release,correct me if i am wrong ofc Tongue


Yes, it would hard fork at a certain block #

hard fork it when new wallet is available. this coin will make a history!!!
niceman
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May 23, 2014, 01:41:32 PM
 #1073


It's hilarious what anyone want reduce block reward and coin supply. BECAUSE PRICE GOES DOWN. Smiley
Price goes down because where is no any real value in this coins, you can't buy anything real for this coins.
Block reduction mean only what miners (only one type of people who make decision put some recourse in this coin)  will have much less reason to do it.
Without miners no one (except you who hold this numbers in wallets an waiting 'the MOON') will be interested in higher prices.

dadon
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May 23, 2014, 01:42:54 PM
 #1074


It's hilarious what anyone want reduce block reward and coin supply. BECAUSE PRICE GOES DOWN. Smiley
Price goes down because where is no any real value in this coins, you can't buy anything real for this coins.
Block reduction mean only what miners (only one type of people who make decision put some recourse in this coin)  will have much less reason to do it.
Without miners no one (except you who hold this numbers in wallets an waiting 'the MOON') will be interested in higher prices.

it's not all about miners...
Quantumbud
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May 23, 2014, 01:44:06 PM
 #1075


It's hilarious what anyone want reduce block reward and coin supply. BECAUSE PRICE GOES DOWN. Smiley
Price goes down because where is no any real value in this coins, you can't buy anything real for this coins.
Block reduction mean only what miners (only one type of people who make decision put some recourse in this coin)  will have much less reason to do it.
Without miners no one (except you who hold this numbers in wallets an waiting 'the MOON') will be interested in higher prices.



I'll still mine it,and if less people mine it all the better for me if the difficulty decreases  Grin Grin Grin
atcsecure (OP)
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May 23, 2014, 01:45:42 PM
 #1076


It's hilarious what anyone want reduce block reward and coin supply. BECAUSE PRICE GOES DOWN. Smiley
Price goes down because where is no any real value in this coins, you can't buy anything real for this coins.
Block reduction mean only what miners (only one type of people who make decision put some recourse in this coin)  will have much less reason to do it.
Without miners no one (except you who hold this numbers in wallets an waiting 'the MOON') will be interested in higher prices.



Interesting discussion... one of the reasons around the original total # of coins was to provide a base of liquidity to the system because of phase ][ we need coins in the marketplace... so its a mix of too much/too little or just right :-)

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CryptoFury
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May 23, 2014, 01:46:01 PM
 #1077


It's hilarious what anyone want reduce block reward and coin supply. BECAUSE PRICE GOES DOWN. Smiley
Price goes down because where is no any real value in this coins, you can't buy anything real for this coins.
Block reduction mean only what miners (only one type of people who make decision put some recourse in this coin)  will have much less reason to do it.
Without miners no one (except you who hold this numbers in wallets an waiting 'the MOON') will be interested in higher prices.


I mean... I am doubting the dev because of the style he uses to update people and... I have my reasons but let me get this straight meow -
    The first Anon PoS coin looking at a blockchain 2.0 thingymagig could only attract higher prices due to miners?  Without miners nobody will care about it?  WOW - I am rethinking a lot...


           Smiley  Love You Guys
Taner
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May 23, 2014, 01:46:20 PM
 #1078


It's hilarious what anyone want reduce block reward and coin supply. BECAUSE PRICE GOES DOWN. Smiley
Price goes down because where is no any real value in this coins, you can't buy anything real for this coins.
Block reduction mean only what miners (only one type of people who make decision put some recourse in this coin)  will have much less reason to do it.
Without miners no one (except you who hold this numbers in wallets an waiting 'the MOON') will be interested in higher prices.

it's not all about miners...

Price down ? Price going to up. Over 19k. Yesterday 10k. Today 20~k and up. When the wallet released you all see dev legit.
CryptoClub
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May 23, 2014, 01:46:47 PM
 #1079

---------------     IMPORTANT     ---------------

I spoke with the Dev around 30 mins ago regarding the reduction of PoW coins, and he basically said that the decision to do so would be left with the community, so it is up to us whether he goes ahead or not.

DEV:
Quote
I'm open to anything, but can't think about that now, too much anon work to do - if the community agree's to reduce POW them I will do

MY VOTE:

Reduce PoW Blocks to about 10M coins (Remaining coins still need to 8-15 weeks mining until PoS) After 10 to 33 Just PoS.

The Dev is willing to do so if us, as a community, really wants this, but the decision must be taken before the wallet release.

I'm in as long as it means that I don't loose any of my coins.

NO coins would be lost, it will actually reduce the total # of POW blocks and switch directly to POS, the mining period would be drastically reduce to what ever block# is coded... I'd said maybe we could down to 10million max coins.... , and POS blocks will still eat some of those coins

Sounds like a good idea. That is plenty of coins, and less than some "competitors" trying to find a way to hire coders for anon work.

...
CunzhangInCHN
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May 23, 2014, 01:47:06 PM
 #1080

mark...it looks in a good market on M
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