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Author Topic: [ANN][TAC] TalkCoin  (Read 262959 times)
bushstar
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August 26, 2014, 12:19:05 PM
 #2861

Quick note on the new inflation model, the reward normally halves when you get to half the coin reward. For a coin supply of 48m and 1.5m between halvings the initial supply would be 16 and after the halving it would be 8. I have been given a model of 15.37 coins now and 7.685 after the reward. It should be set that the reward is going to be 8 after the halving and to make up the difference now and for simplicity's sake the reward can be a round 15 right now. We will approximately be where we need to be at when we get to the halving. For a specific coin reward now we can use the following to work out the current coin reward if we want to be exact about it.

halvingTotal = 24,000,000
amountSoFar = Amount of coins minted at
hardfork = Height of the hard fork
halving = 1,500,000 // Reward halving height

halvingTotal - amountSoFar / halving - hardfork = New coin reward

Even if we go for a coin reward now that goes into the decimal places the reward after the halving should be 8 as this would be inline with typical coin supply. The halving will happen within a year of Talkcoin's launch. It is a relatively short wait until we hit 8 coins a block.
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Ignition75
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August 26, 2014, 02:46:51 PM
 #2862

Quick note on the new inflation model, the reward normally halves when you get to half the coin reward. For a coin supply of 48m and 1.5m between halvings the initial supply would be 16 and after the halving it would be 8. I have been given a model of 15.37 coins now and 7.685 after the reward. It should be set that the reward is going to be 8 after the halving and to make up the difference now and for simplicity's sake the reward can be a round 15 right now. We will approximately be where we need to be at when we get to the halving. For a specific coin reward now we can use the following to work out the current coin reward if we want to be exact about it.

halvingTotal = 24,000,000
amountSoFar = Amount of coins minted at
hardfork = Height of the hard fork
halving = 1,500,000 // Reward halving height

halvingTotal - amountSoFar / halving - hardfork = New coin reward

Even if we go for a coin reward now that goes into the decimal places the reward after the halving should be 8 as this would be inline with typical coin supply. The halving will happen within a year of Talkcoin's launch. It is a relatively short wait until we hit 8 coins a block.

I like the nice round numbers as well...

The new generation have arrived and they brought their own currency...
TalkTeam
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August 26, 2014, 07:46:45 PM
 #2863

If anyone has trouble syncing on the current version, please add these nodes to the talkcoin.conf file in your roaming folder:

addnode=erebor.dwarfpool.com
addnode=moria.dwarfpool.com

This issue will be fixed in the next release which is progressing well and we are testing soon.


TalkCoin | First Anonymous Chat | First NIST5 Algo
karimdr2
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August 26, 2014, 08:38:08 PM
 #2864

Extra nodes:

addnode=50.170.214.142
addnode=37.59.21.58
addnode=113.11.211.49
addnode=2.229.19.116
addnode=72.231.143.85
addnode=37.187.129.122
addnode=103.30.84.215


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thelastlion
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August 27, 2014, 01:01:50 AM
 #2865

so,the origanal Dev is not at the team now?
trixnstones
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August 27, 2014, 01:20:50 AM
 #2866

so,the origanal Dev is not at the team now?

Correct, he wasn't being honest so the other members of the team are cleaning up the code and hard forking.
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August 27, 2014, 01:55:39 AM
 #2867

3% charity donation still too much, make it 0.5% like CYC will be fine, 3% will scare away many investors.

open channel chat fee better remove, but private chat fee can increase

block reward is not important, if can add a shield ruled out multipool and future ASICs & FPGAs like deepcoin did will be good

Just a though, most ppl maybe not like it, but if dev want this coin become long term. my suggestion should be considered

nicemycoin
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August 27, 2014, 06:51:07 AM
 #2868

I am another TAC investor, i did buy a good number of TAC and i did mine some more.
Never sold a single coin cuz i believe in it.
The takeover seems well reasoned and i am behind it. However i am not supporting the new inflation level.
This is way too much, Vertcoin is only one of the example of what such a high inflation is doing to a coin !
I do not see how a lower reward would be unfair to new investors, the people investing until now had believe in the coin, they were risking cash and time to invest in it.

Please re consider the block reward and put up a vote ! You wanna have better communication with the community, you wanna be a transparent coin. This is a major decision, do not simply take it, give a chance for the community to say what it wants.
Also a vote is a fair way also for the new investors, if there are people interested in the coin but do not have any coins yet, they can simply vote for bigger blog reward.

I will keep supporting TAC but if you proceed with your plans, i can only see the price going down. And no one wants that ...
Agree with you very much.A vote is needed for sure.and nice price will attract new investors.low price will not of course,the rewards should be decrease more.

Coin Developer,Translator(Chinese).
deathmul
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August 27, 2014, 09:10:56 AM
 #2869

Seems like price is extremely low. Someone is trying to kill this coin?



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lxru9999
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August 27, 2014, 09:35:41 AM
 #2870

 Cheesy Cheesy Cheesy

TAC still believe in the future every day, reducing the number of development, the number of participants in the Forum BTT reduction in exchange declining, in China's QQ group chat TAC were almost gone. Prices continued to fall, so that all the people have lost confidence on the TAC. Now the team took over talckcoin, announced plans to let a lot of people can not accept, so more than one million of the total 48, in order to let the people behind accept TAC, while the previous talkcoin has lost fans, which is detrimental to the development of tac.
TAC development time some people just chat with the wallet, and now almost no one to chat with the wallet. If you can free chat, so that more people chat with TAC wallet, accept more people, the effect will naturally marketing advertising, start charging until the TAC development and expansion of the time.
talkcoin is a failure of the coin.
Because if nobody chat with TAC wallet.

 Grin Grin Grin
Ignition75
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August 27, 2014, 12:01:42 PM
 #2871

Marketing will happen soon, we need to clean up all the legacy code first to give us a nice platform to innovate.

Every night we speak in IRC, talking about the best way to make TAC a communications platform.

Hard fork is coming then new roadmap, exciting times ahead for TAC.  Wink

The new generation have arrived and they brought their own currency...
bit_world
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August 27, 2014, 01:52:05 PM
 #2872

Marketing will happen soon, we need to clean up all the legacy code first to give us a nice platform to innovate.

Every night we speak in IRC, talking about the best way to make TAC a communications platform.

Hard fork is coming then new roadmap, exciting times ahead for TAC.  Wink
could you tell us from which block will you begin hard fork?
duboisi
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August 28, 2014, 05:12:08 AM
 #2873

Price down, net hash dropped.   Huh
Litejavichu
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August 28, 2014, 07:53:34 AM
 #2874

Don't know how begin this ..... First express my most sincere apologies to the people who discovered the trap in the code, I feel a great sadness for not having believed before and by the replies foul language.
Second ... DEV DEV DEV, you have been a great disappointment, compared to a deception between friends, have a little bit of shame and not dump their TAC won dishonestly
You have acted as an ignorant, you could win thousands of dollars with good reputation, but has preferred the quick way and the only thing that has been achieved is to stop many machines, here and in other currencies of their compatriots.

Third .... New team Talkcoin, please remove currency exchanges until hard fork
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August 28, 2014, 08:26:07 AM
 #2875

Seems like price is extremely low. Someone is trying to kill this coin?
Is Dev still stealing tac now?
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August 28, 2014, 08:27:46 AM
 #2876

DEAD COIN,OVER~
Ignition75
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August 28, 2014, 09:09:25 AM
 #2877

We are about to start testing the new code on testnet, soon we will be free of the dishonest code.


The new generation have arrived and they brought their own currency...
Litejavichu
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August 28, 2014, 09:46:15 AM
 #2878

We are about to start testing the new code on testnet, soon we will be free of the dishonest code.


Thanks Ignition75 If you need provided Betatester please send me an MP
nicemycoin
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August 28, 2014, 11:24:39 AM
 #2879

We are about to start testing the new code on testnet, soon we will be free of the dishonest code.


you guys should listen to the members of the community!

Coin Developer,Translator(Chinese).
Ignition75
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August 28, 2014, 11:43:31 AM
 #2880

We are about to start testing the new code on testnet, soon we will be free of the dishonest code.


you guys should listen to the members of the community!

We are, we made decisions based on the best interests of everybody, present and future.

Once we start marketing the demand will go up and the inflation will not be much for the coin.

The new generation have arrived and they brought their own currency...
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