[ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY

[MsCollec]

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

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"

That should have been a pm, but i dont want the notification to wake him up. I am sure he understand what that means, he already have the code for the interest halving.

[1714676666]

1714676666

[1714676666]

1714676666

[1714676666]

1714676666

[tom14cat14]

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

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"

That should have been a pm, but i dont want the notification to wake him up. I am sure he understand what that means, he already have the code for the interest halving.

Can you edit the OP to state what the interest rate plan is. That way people who do not read every post will know what is up.

[MsCollec]

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

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"

That should have been a pm, but i dont want the notification to wake him up. I am sure he understand what that means, he already have the code for the interest halving.

Can you edit the OP to state what the interest rate plan is. That way people who do not read every post will know what is up.

Okay..

[nexus00]

i guess I'll take down my sell wall this afternoon then.

[kyma]

if, for example, 100% of coins were minting 100% of the time and there were 1000 coins minted in the first year I don't see that diluting the value very much if this is a solid coin with spreading adoption...

I see 100% staking (including the yearly halving) as a unique feature of this coin that provides a high incentive for people to hold it.. ultimately increasing worth and scarcity

[LTCagt]

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

yes absolutely but we are not in comunism - if you want on the Long run that this succeed - we HAVE to go back to low interest

ALL PEOPLE have enough time to buy and participate and if they dont buy NOW - Forget about it perhaps then they will never buy

[LTCagt]

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

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?

yes but YOU said to nite: dont Forget about making it 1%

sometimes - with all honesty - its better to think twice before saying/writing anything

[LTCagt]

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

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%

sorry - i answered somethiong that was discussed Forget about my last writing

[MajidBC]

The OP still says %100 POS. Is it going to be %50?

[MsCollec]

The OP still says %100 POS. Is it going to be %50?

it's still 100%

[OvertaxedGuyQc]

1% seem ok ! lets make the bag holder sell cheap making even more fair distribution ..

[MsCollec]

MsCollec, please fix the rich list. I mentioned it last week and it still displays incorrect balances.

http://chainz.cryptoid.info/sync/#!rich

[sovie]

Wealth Distribution
Top N addresses   Holdings   Percentage
Top 10   306 SYNC   28.94 %
Top 100   760 SYNC   71.94 %
Top 1000   1,006 SYNC   95.21 %
All 5126   1,056 SYNC   100 %

I think that distribution is pretty reasonable
considering the length of pow and compared to 90% of coins out there
i'm also quite surprised that there are over 5000 sync holders

puts things into perspective.

As for the stake % i have always maintained that
it should not be more than 25%

25% return is more than adequate to retain savers and adpot investors
don't forget this coins attraction is its retention of value,

it will never be a pump and dump coin there is just not enough of it
for that scenerio

[tom14cat14]

Wealth Distribution
Top N addresses   Holdings   Percentage
Top 10   306 SYNC   28.94 %
Top 100   760 SYNC   71.94 %
Top 1000   1,006 SYNC   95.21 %
All 5126   1,056 SYNC   100 %

I think that distribution is pretty reasonable
considering the length of pow and compared to 90% of coins out there
i'm also quite surprised that there are over 5000 sync holders

puts things into perspective.

As for the stake % i have always maintained that
it should not be more than 25%

25% return is more than adequate to retain savers and adpot investors
don't forget this coins attraction is its retention of value,

it will never be a pump and dump coin there is just not enough of it
for that scenerio

Dont forget some people will have coins in multiple addresses. I for one have 2 addresses. I dont care enough to combine them.

[nexus00]

ok...i removed my 10sync sell wall down.

[joe.sixer]

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   
---------------------------

I got same, any idea yet?

[MsCollec]

aynone online for new wallet testing?

[MsCollec]

Make sure you add update your conf file, remember this is a beta version and don't test it with large amount and post here any bugs.

https://mega.co.nz/#!psYDQJBT!KM8qfYQc1G-6-lCOFhiQU64R0y_SMoEXzMog5NbVJE0

server=1
listen=1
rpcuser=user
rpcpassword=pass
rpcport=24240
addnode=23.226.225.224
addnode=107.170.10.33
addnode=80.240.140.149
addnode=188.226.243.136
addnode=86.1.252.20
addnode=90.217.94.252
addnode=207.12.89.92
addnode=162.243.157.49
addnode=128.199.189.163
addnode=162.243.103.7
addnode=128.199.187.204
addnode=95.85.31.58

[do0d]

Great work!

[sovie]

online but not at home where my wallet is, at work