Bitcoin Forum
June 24, 2024, 08:04:55 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 ... 133 »
  Print  
Author Topic: X13 [ANN] *SUMMERCOIN 2.0* [POW/POS][NAVAJO ANONYMOUS TECHNOLOGY][DECENTRALIZED]  (Read 171591 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
Loreto
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
May 27, 2014, 03:39:57 AM
 #41

please add coin here https://www.altcoincalendar.info/calendar
Cashmenwa
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
May 27, 2014, 03:42:35 AM
 #42

summer 2.0...
after this mon .want to summer 3.0?
why not get new coin name...
soopy452000 (OP)
Legendary
*
Offline Offline

Activity: 1302
Merit: 1001

Founder - NavCoin Ⓝ


View Profile WWW
May 27, 2014, 03:51:55 AM
 #43

summer 2.0...
after this mon .want to summer 3.0?
why not get new coin name...

When people want is Summer we give summer mate not winter! Cheesy

Working/Online Times
04:00:00 GMT - 12:00:00 GMT / 00:00:00 EDT - 08:00:00 EDT

Coin Developments & Contributions 1. SherlockCoin (SHC) (https://bitcointalk.org/index.php?topic=454981) 2. [RESURRECTION] Bringing Life to Growthcoin (GRW) , Community Backed Development! (https://bitcointalk.org/index.php?topic=469464) 3. [ANN][66][New Maintainer] ★Coin 66★ (https://bitcointalk.org/index.php?topic=493987) 4. [RE-ANN] Galaxycoin Revival!-FORK AT BLOCK 255145, KGW, RANDOM BLOCK REWARDS (https://bitcointalk.org/index.php?topic=495693) 5. [RESURRECTION] Taking Astrocoin to the Moon,KGW Implemented + HARD FORK AT 17520 https://bitcointalk.org/index.php?topic=516549 6. [RESURRECTION] Bringing Electric back to the grid, Community Backed Development! https://bitcointalk.org/index.php?topic=514790
Strugg
Legendary
*
Offline Offline

Activity: 882
Merit: 1000


NAV Coin [NAV]


View Profile
May 27, 2014, 04:54:24 AM
 #44

Good idea! We should add SUM2 there Smiley

NAV Coin [NAV] Community & PR Manager
Visit the Thread!
GREEDYJOHN
Legendary
*
Offline Offline

Activity: 1778
Merit: 1000


View Profile
May 27, 2014, 05:20:03 AM
 #45

PLEASE post replies on the link below, to make SUMMERCOIN popular:
https://bitcointalk.org/index.php?topic=625623.0

soopy452000 (OP)
Legendary
*
Offline Offline

Activity: 1302
Merit: 1001

Founder - NavCoin Ⓝ


View Profile WWW
May 27, 2014, 05:36:44 AM
 #46

We will have discussion with BITTREX but as I know the management at BITTREX are great people and understanding also I have previously worked with , they are great! Smiley

Will talk to Richela and see. Smiley

Regards,
~SoopY~

Working/Online Times
04:00:00 GMT - 12:00:00 GMT / 00:00:00 EDT - 08:00:00 EDT

Coin Developments & Contributions 1. SherlockCoin (SHC) (https://bitcointalk.org/index.php?topic=454981) 2. [RESURRECTION] Bringing Life to Growthcoin (GRW) , Community Backed Development! (https://bitcointalk.org/index.php?topic=469464) 3. [ANN][66][New Maintainer] ★Coin 66★ (https://bitcointalk.org/index.php?topic=493987) 4. [RE-ANN] Galaxycoin Revival!-FORK AT BLOCK 255145, KGW, RANDOM BLOCK REWARDS (https://bitcointalk.org/index.php?topic=495693) 5. [RESURRECTION] Taking Astrocoin to the Moon,KGW Implemented + HARD FORK AT 17520 https://bitcointalk.org/index.php?topic=516549 6. [RESURRECTION] Bringing Electric back to the grid, Community Backed Development! https://bitcointalk.org/index.php?topic=514790
neo666
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
May 27, 2014, 06:50:10 AM
 #47

if I'm not mistaken SUM was the first x11 POW\POS coin, right? Maybe promotion in this way is also a good thing Wink this was before BDG, that they advertise to be first Wink 
just a thought Wink
cheers
bcd
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


View Profile
May 27, 2014, 07:35:57 AM
 #48

SUM getting hot - 500K+ buy (May 26th) @Bittrex



bcd
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


View Profile
May 27, 2014, 09:07:43 AM
 #49

Pls create a twitter account and tweet the updates
gpuminer
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
May 27, 2014, 10:52:35 AM
 #50

summercoin and badger coin was among the first x11 pow + pos but summer coin is the first to enter PoS followed by badger coin. I still remember summer coin network hash hit 7 gh i was like WOW (it was the highest x11 network hash obtain at that time). But things has change since. Nowadays , x11 network hash hit up to 600 gh (xc coin). So little time, so much change.

Free SIGNs giving everyday. Be part, do not miss!. Sw4sYCL3h9NjLu1i9d6YSSsuQZQztFR7jW
BTCMS
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


View Profile
May 27, 2014, 12:14:37 PM
 #51

So should we perhaps put some bounties on the to do list?
Things like faucets/translations/wallets/multipool etc?
skidog
Legendary
*
Offline Offline

Activity: 1393
Merit: 1001


View Profile
May 27, 2014, 01:45:08 PM
 #52

I don't understand how to change my summer v1 to v2?
+1 I dont either...HOW? This is important should be on page one.
nfox
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


View Profile WWW
May 27, 2014, 01:49:42 PM
 #53

Whats the procedure? I could not read the entire thread , old SUM coins will be exchanged after launch?
Strugg
Legendary
*
Offline Offline

Activity: 882
Merit: 1000


NAV Coin [NAV]


View Profile
May 27, 2014, 03:19:04 PM
 #54

I don't understand how to change my summer v1 to v2?
+1 I dont either...HOW? This is important should be on page one.

Whats the procedure? I could not read the entire thread , old SUM coins will be exchanged after launch?

I'm sure that dev will give us details about this how it will work soon. Only ~ 5 days before launch! Get Your rigs ready guys Wink

NAV Coin [NAV] Community & PR Manager
Visit the Thread!
Remy_5
Hero Member
*****
Offline Offline

Activity: 1194
Merit: 502


View Profile
May 27, 2014, 03:49:26 PM
 #55

summer 2.0...
after this mon .want to summer 3.0?
why not get new coin name...

Instead of Summer why not instead call it Autumn?
After all, autumn is the time that you collect mature fruits of summer. Wink

And now I address myself to dev and to the foundation.
If I understand then new project / proposal, with a fixed exchange transaction or
in other manner, for every Sum possessed we could get 2 of the new coins.

From this, one quickly learns the true value of the new currency, inevitably will be very very low,
half of what is now worth a SUM.

So at current price, at the time of the launch of the new currency would be worth just 100 satoshi. !!
IMHO, with a low value does not promise well for the future, in a very short time would be almost 0.

Since you want to create a new currency, IMHO it would be better to reformulate the project to try
to get immediately a value much more "relevant".

This could be achieved, greatly reducing the number of new coins and its exchange rate with the old currency.
I mean, not a large total mass of 100M coins as proposed now, but only 10M, or better yet just 1M,
an exchange transaction a bit like it was made in France in the transition from old francs to new francs (100->1).

Of course you will be adapted \ scale all other parameters, including the fixed exchange rate with the V1 Sum.

At the beginning this drastic change could create a little bad mood in the old owners, but IMHO make the currency
more rare now could lead to a more promising future, when there will inevitably be dealing with the loss
of value due to the time and the creation of new coin with the POS.

Regarding the financing of the foundation with a block tax, I basically agree, but IMHO should be discussed better.

For example the fee should not be generated in the POW period, as was done with SUM V1, but especially
during the POS, as is done in HobokenNickel with the Stake for Charity, but with the difference that it would
not be a form of voluntary donation, but a commission proportional specifically used for the support of
the foundation that has the only task is to support the currency.

So not a substantial remuneration in the short initial phase, as occurs in other currencies,
where the amount paid can not longer be controlled, and the coins are soon left to
themselves by the dev (as has happened to so many coins recently), but instead a small
constant support, active only as long as the money lives.

Given the recent past, I think this method of refinancing, make everyone more relaxed about
the lasting commitment of the team of developers.

I say this with no offense to new developers and members of the foundation, it is primarily to
make sure that everyone can perceive the difference, to make it clear right from the
conception of the project.

Of course, these are just my opinions.

Strugg
Legendary
*
Offline Offline

Activity: 882
Merit: 1000


NAV Coin [NAV]


View Profile
May 27, 2014, 03:54:02 PM
 #56

SUMMERCOIN 2.0 is now live on altcoincalendar! Wink
https://www.altcoincalendar.info/coins/501-SUM2

NAV Coin [NAV] Community & PR Manager
Visit the Thread!
BTCMS
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


View Profile
May 27, 2014, 05:06:20 PM
 #57

summer 2.0...
after this mon .want to summer 3.0?
why not get new coin name...

Instead of Summer why not instead call it Autumn?
After all, autumn is the time that you collect mature fruits of summer. Wink

And now I address myself to dev and to the foundation.
If I understand then new project / proposal, with a fixed exchange transaction or
in other manner, for every Sum possessed we could get 2 of the new coins.

From this, one quickly learns the true value of the new currency, inevitably will be very very low,
half of what is now worth a SUM.

So at current price, at the time of the launch of the new currency would be worth just 100 satoshi. !!
IMHO, with a low value does not promise well for the future, in a very short time would be almost 0.

Since you want to create a new currency, IMHO it would be better to reformulate the project to try
to get immediately a value much more "relevant".

This could be achieved, greatly reducing the number of new coins and its exchange rate with the old currency.
I mean, not a large total mass of 100M coins as proposed now, but only 10M, or better yet just 1M,
an exchange transaction a bit like it was made in France in the transition from old francs to new francs (100->1).

Of course you will be adapted \ scale all other parameters, including the fixed exchange rate with the V1 Sum.

At the beginning this drastic change could create a little bad mood in the old owners, but IMHO make the currency
more rare now could lead to a more promising future, when there will inevitably be dealing with the loss
of value due to the time and the creation of new coin with the POS.

Regarding the financing of the foundation with a block tax, I basically agree, but IMHO should be discussed better.

For example the fee should not be generated in the POW period, as was done with SUM V1, but especially
during the POS, as is done in HobokenNickel with the Stake for Charity, but with the difference that it would
not be a form of voluntary donation, but a commission proportional specifically used for the support of
the foundation that has the only task is to support the currency.

So not a substantial remuneration in the short initial phase, as occurs in other currencies,
where the amount paid can not longer be controlled, and the coins are soon left to
themselves by the dev (as has happened to so many coins recently), but instead a small
constant support, active only as long as the money lives.

Given the recent past, I think this method of refinancing, make everyone more relaxed about
the lasting commitment of the team of developers.

I say this with no offense to new developers and members of the foundation, it is primarily to
make sure that everyone can perceive the difference, to make it clear right from the
conception of the project.

Of course, these are just my opinions.



I think you make some very valid claims.
- New name might work better then a 2.0 type of coin. Although it might be too late to change the name once again.
- I agree with # number of coins. It looks bad if the new coin is worth less satoshi then the coin it is trying to rejuvenate.
- Considering the block tax, I don't have the technical expertise to say something about that.
Hilux74
Legendary
*
Offline Offline

Activity: 912
Merit: 1000



View Profile
May 27, 2014, 05:08:45 PM
 #58

SUM swapping...sounds kinky.
BTCMS
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


View Profile
May 27, 2014, 05:44:42 PM
 #59

Can we perhaps get a roadmap going?
- When will the explanation be released of how the coins will be swapped
- release of wallets
- release of multi pool
- twitter account
- faucets
- promotions etc.

Strugg
Legendary
*
Offline Offline

Activity: 882
Merit: 1000


NAV Coin [NAV]


View Profile
May 27, 2014, 06:22:39 PM
 #60

Can we perhaps get a roadmap going?
- When will the explanation be released of how the coins will be swapped
- release of wallets
- release of multi pool
- twitter account
- faucets
- promotions etc.


We will make these things happen before launch of SUM2 (multipool will be ready after POW phase ofc.) Wink

NAV Coin [NAV] Community & PR Manager
Visit the Thread!
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 ... 133 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!