Dreamcoin [DRM] - X13 - PoW/PoS

[Mathgamain]

That x11 Dreamcoin is gone now - we relaunched as x13. This thread is the only valid one, welcome bit1!

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[bit1]

That x11 Dreamcoin is gone now - we relaunched as x13. This thread is the only valid one, welcome bit1!

@Mathgamain

OK, Thank you! , Is good to know that, By the way, Thanks for the welcome too.

Cheers
bit1

[poolmn]

Here's a pool:

https://pool.mn/dream

[trademark]

Hi Tomi.   Congrats on the launch.  I noticed the OP states that there are 18.5million total coins.  Is that a mistake?  Before DRM was only 1.85million. 

[trademark]

Hi Tomi,

As much as I support DRM, this is a major issue for previous dreamers.  It pretty much makes our old DRM's worth 1/10th of what it is now.   Not saying that it's all your fault but it should of been caught before the launch.  Not sure how many total coins there are now but is it possible to end the POW early? 

Hi Kondiomir, I asked the Altcoin Guys to make us coin with 1.85 Million coins, but it seems they made us a coin with 18.5 Million instead.

This is the info: 6. Block number when POW ends  : 86400 blocks
(Roughly 2 months worth of POW, based on 60 second block time)

We are now at about block 5600 so still far to go

- Tomi

[bittamak]

Yes.  If you could reduce POW and let the remaining for POS. Just a suggestion.

[Mathgamain]

Hi Trademark - and everyone. I just founded out yesterday myself (that the POW is 18.5 million). This means that all the original Dreamcoin holders should get 10x the amount they signed for in the rebirth form (earlier this year). I will do everything in my power to make this happen. I think ending the POW now is not good idea since I cant even reach the Altcoin Guys at the moment.

- Tomi

[trademark]

Hi Tomi.  It's good to see that you will be trying your best to make things right.  Not sure how you'll be able to accomplish it though.  Unless you're planning to give away a large amount that you may or may not have. 

Also, what is the block rewards structure?  Will it be reduced soon?  If it stays at the current amount, the total amount will be way more than 18.5 million by the time it hits block 86400.  Anyways, good luck to you and DRM. 

Hi Trademark - and everyone. I just founded out yesterday myself (that the POW is 18.5 million). This means that all the original Dreamcoin holders should get 10x the amount they signed for in the rebirth form (earlier this year). I will do everything in my power to make this happen. I think ending the POW now is not good idea since I cant even reach the Altcoin Guys at the moment.

- Tomi

[Mathgamain]

Hi Trademark, I believe the block reward will be 1000DRMs all the way. I have send the Altcoinguys a letter and asked  explanation for the 10x amount of coins. At the moment the Dreamcoin Ecosystem does not hold enough coins to provide 10x return, but I will figure out a way to achieve this. Worry not brave Dreamers, the future belongs to the ones with courage to believe and heart to share.

[bittamak]

86 million would be way too much !! It needs to be fixed at the earliest.

[Mathgamain]

Yea - we have to reduce the POW, there will be way to many coins. I will work on this

- Tomi

[bittamak]

current block 13079....13 million coins have been mined already! what will be the cap for this coin now?

[Mathgamain]

It seems Trademark is right - there 86.4 Million of coins created. I have to find a solution to this issue, if you happen to know any skill full coders - let me know

- Tomi

[trademark]

Hi Tomi.  PM sent. 

[trademark]

Dreamers!

I sent Tomi some suggestions/solutions.  It's pretty much too late to rollback to the original 1.85million DRMs.  I think we should keep at the 18.5million or less as stated in the OP.  However, less shouldn't be less than the current block so that it doesn't upset anyone who have been mining DRM since the launch.  I think we're safe until block 18000 or so.  However, this is Tomi's coin and it's up to him to decide.  It's only my opinion but Tomi is a fair guy.  I'm pretty sure if many dreamers agree with me, he'll go for it. Anyways, keep mining and dream on!   

[bittamak]

Less coins, more value. I see around 14 millions have been mined till now. So, if a step taken early to cap it below or at least 18 mil, it would be good.

[nikl]

Less coins, more value. I see around 14 millions have been mined till now. So, if a step taken early to cap it below or at least 18 mil, it would be good.

"moneysupply" : 6547736.63493385
Stake blocks eat pow, so the total supply will be much less

[bittamak]

[+quote author=nikl link=topic=620418.msg12676166#msg12676166 date=1444745966]

Less coins, more value. I see around 14 millions have been mined till now. So, if a step taken early to cap it below or at least 18 mil, it would be good.

"moneysupply" : 6547736.63493385
Stake blocks eat pow, so the total supply will be much less
[/quote]

Well, the actual supply was supposed to be 1.85 mil. Keeping that in mind i was suggesting to reduce the coins. Anyways, I would be fine with whatever the final outcome.

[Collegestudent]

I am trying to find someone to recreate the coin as Math is trying to solve the problem with the proper specs in place.

[Mathgamain]

Hi everyone - Trademark suggested to limit the POS to 16 million - and I think it's a good idea. I will find us a coder that could hard fork DRM

Collegestudent - if you happen to know any good developers let me know (I will try to reach the one Trademark recommended)

- Tomi