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Author Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY  (Read 815999 times)
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LTCagt
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July 02, 2014, 12:40:13 PM
 #7941

by chartechnique it doesnt matter while volume is not invreasing - here its decreasing while selling

just throwing out weak Hands  Grin
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July 02, 2014, 12:41:24 PM
 #7942

Big question is who's gonna stake at 1% to keep the blockchain moving. Only profitable if you are a large holder but its the dust keepers that keep the blockchain moving and they wont stake for 1%.

staking itself gets it going too - in worst case you can Transfer it to different OWN adresses

that ive tested it - on my own POS coin which noone can Access to
hey mate.im not quite sure if u are for or against the stake percentage drop.im assuming english is not your first language.not being disrespectful just your wording is a bit hard to understand.

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July 02, 2014, 12:58:16 PM
 #7943

Big question is who's gonna stake at 1% to keep the blockchain moving. Only profitable if you are a large holder but its the dust keepers that keep the blockchain moving and they wont stake for 1%.

staking itself gets it going too - in worst case you can Transfer it to different OWN adresses

that ive tested it - on my own POS coin which noone can Access to
hey mate.im not quite sure if u are for or against the stake percentage drop.im assuming english is not your first language.not being disrespectful just your wording is a bit hard to understand.

no its not my first one  Grin

i am FOR the drop BUT we have discussed here that it goes down slow so that others - new to sync - have the Chance to jump on board while the staking is high

a lot of People that think about that came to the conclusion that a lower rate of staking is good for the coin in Long time thinking

better to understand ?!? im not p.... off if someone ask while the Person dont understand my english

so ask - i will try to answer  Grin
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July 02, 2014, 01:03:30 PM
 #7944

Big question is who's gonna stake at 1% to keep the blockchain moving. Only profitable if you are a large holder but its the dust keepers that keep the blockchain moving and they wont stake for 1%.

staking itself gets it going too - in worst case you can Transfer it to different OWN adresses

that ive tested it - on my own POS coin which noone can Access to
hey mate.im not quite sure if u are for or against the stake percentage drop.im assuming english is not your first language.not being disrespectful just your wording is a bit hard to understand.

no its not my first one  Grin

i am FOR the drop BUT we have discussed here that it goes down slow so that others - new to sync - have the Chance to jump on board while the staking is high

a lot of People that think about that came to the conclusion that a lower rate of staking is good for the coin in Long time thinking

better to understand ?!? im not p.... off if someone ask while the Person dont understand my english

so ask - i will try to answer  Grin
no worries.cheers mate.

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July 02, 2014, 01:29:51 PM
 #7945

Big question is who's gonna stake at 1% to keep the blockchain moving. Only profitable if you are a large holder but its the dust keepers that keep the blockchain moving and they wont stake for 1%.

staking itself gets it going too - in worst case you can Transfer it to different OWN adresses

that ive tested it - on my own POS coin which noone can Access to
hey mate.im not quite sure if u are for or against the stake percentage drop.im assuming english is not your first language.not being disrespectful just your wording is a bit hard to understand.

no its not my first one  Grin

i am FOR the drop BUT we have discussed here that it goes down slow so that others - new to sync - have the Chance to jump on board while the staking is high

a lot of People that think about that came to the conclusion that a lower rate of staking is good for the coin in Long time thinking

better to understand ?!? im not p.... off if someone ask while the Person dont understand my english

so ask - i will try to answer  Grin
no worries.cheers mate.

My point was the more wallets staking the more secure the blockchain and regularly generated blocks.  If no one stakes or very few stake at the least we will see the blockchain slow down and tx's will take longer. I am going to hold my sync but its not even worth it to open the wallet for 1%.  If you have 10 sync thats only .1 sync you can mine per year.
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July 02, 2014, 01:35:28 PM
 #7946

I can't start my wallet:

---------------------------
MinGW Runtime Assertion
---------------------------
Assertion failed!

Program: C:\s\sync-qt.exe
File: src\kernel.cpp, Line 377

Expression: pindex->pprev || pindex->GetBlockHash() == (!fTestNet ? hashGenesisBlock : hashGenesisBlockTestNet)
---------------------------
Abort   Retry   Ignore   
---------------------------

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July 02, 2014, 01:36:59 PM
 #7947

Big question is who's gonna stake at 1% to keep the blockchain moving. Only profitable if you are a large holder but its the dust keepers that keep the blockchain moving and they wont stake for 1%.

staking itself gets it going too - in worst case you can Transfer it to different OWN adresses

that ive tested it - on my own POS coin which noone can Access to
hey mate.im not quite sure if u are for or against the stake percentage drop.im assuming english is not your first language.not being disrespectful just your wording is a bit hard to understand.

no its not my first one  Grin

i am FOR the drop BUT we have discussed here that it goes down slow so that others - new to sync - have the Chance to jump on board while the staking is high

a lot of People that think about that came to the conclusion that a lower rate of staking is good for the coin in Long time thinking

better to understand ?!? im not p.... off if someone ask while the Person dont understand my english

so ask - i will try to answer  Grin
no worries.cheers mate.

My point was the more wallets staking the more secure the blockchain and regularly generated blocks.  If no one stakes or very few stake at the least we will see the blockchain slow down and tx's will take longer. I am going to hold my sync but its not even worth it to open the wallet for 1%.  If you have 10 sync thats only .1 sync you can mine per year.
yep mate.im hearing you.gives no incentive to buy and hold anymore really.

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July 02, 2014, 02:46:51 PM
 #7948

You people are acting like returning to 1% interest is a bad thing?  It will keep exchanges from dumping pos minted coins in large quantities on the market.  It will also encourage and stimulate trading. 

But go ahead, dump your coins right before the anon wallet is released...  makes plenty of sense.
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July 02, 2014, 02:49:20 PM
 #7949

You people are acting like returning to 1% interest is a bad thing?  It will keep exchanges from dumping pos minted coins in large quantities on the market.  It will also encourage and stimulate trading. 

But go ahead, dump your coins right before the anon wallet is released...  makes plenty of sense.

right - thats why we have discussed it and came to the conclusion: being worth a Thing over a Long time means returning to low interest
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July 02, 2014, 03:10:16 PM
 #7950

You people are acting like returning to 1% interest is a bad thing?  It will keep exchanges from dumping pos minted coins in large quantities on the market.  It will also encourage and stimulate trading. 

But go ahead, dump your coins right before the anon wallet is released...  makes plenty of sense.

right - thats why we have discussed it and came to the conclusion: being worth a Thing over a Long time means returning to low interest

Absolutely.  The 100% interest was great while it lasted.  It rewarded early supporters and adopters of SYNC.

But in order to sustain value over the long run, it must return to 1%.
Fatov
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July 02, 2014, 03:17:45 PM
 #7951

I dont support your opinion... All people are important

Fatov was here
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For private, fast and secure transactions DASH is King | Dashtalk
iluvcrypto
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July 02, 2014, 03:20:55 PM
 #7952

You people are acting like returning to 1% interest is a bad thing?  It will keep exchanges from dumping pos minted coins in large quantities on the market.  It will also encourage and stimulate trading.  

But go ahead, dump your coins right before the anon wallet is released...  makes plenty of sense.

right - thats why we have discussed it and came to the conclusion: being worth a Thing over a Long time means returning to low interest

Absolutely.  The 100% interest was great while it lasted.  It rewarded early supporters and adopters of SYNC.

But in order to sustain value over the long run, it must return to 1%.

Agree but it needs a gradual decline, whether it be in weeks/months/years. A poll here can resolve this ASAP.

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July 02, 2014, 04:01:42 PM
 #7953








█ ★Sync (SYNC) → Now Live on: http://www.cryptocoinrank.com/Sync





Hope you and the community like it. For a brief description about www.cryptocoinrank.com see: https://bitcointalk.org/index.php?topic=579901.0

Enjoy  Smiley

MsCollec (OP)
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July 02, 2014, 04:13:29 PM
 #7954

new explorer: http://chainz.cryptoid.info/sync/#
kyma
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July 02, 2014, 04:14:16 PM
 #7955

i literally was just about to buy up some sync for 100% PoS  Undecided

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July 02, 2014, 04:59:51 PM
 #7956

i literally was just about to buy up some sync for 100% PoS  Undecided

You can still buy, it's going to be interest halving
tom14cat14
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July 02, 2014, 05:06:26 PM
 #7957

i literally was just about to buy up some sync for 100% PoS  Undecided

You can still buy, it's going to be interest halving

You might want to make that clear. You stirred up some panic because it sounded like you were going to drop it instantly to 1%
MsCollec (OP)
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July 02, 2014, 05:35:07 PM
 #7958

i literally was just about to buy up some sync for 100% PoS  Undecided

You can still buy, it's going to be interest halving

You might want to make that clear. You stirred up some panic because it sounded like you were going to drop it instantly to 1%

Didn't we agreed on interest halving?
joe.sixer
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July 02, 2014, 05:38:46 PM
 #7959

@Nite69
Please don't forget to push the new wallet with 1% PoS interest. Thanks  Kiss

So, what's the deal 1%, 50%??? Why don't you post a schedule of PoS interest changes once and for all so it's there for all to see? This has been discussed up-thread ad nauseam.
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July 02, 2014, 05:39:00 PM
 #7960

i literally was just about to buy up some sync for 100% PoS  Undecided

You can still buy, it's going to be interest halving

You might want to make that clear. You stirred up some panic because it sounded like you were going to drop it instantly to 1%

Didn't we agreed on interest halving?
this is what u typed "@Nite69 Please don't forget to push the new wallet with 1% PoS interest. Thanks  Kiss"

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