riceberry
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December 27, 2015, 06:38:58 PM |
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Yes, this is what i thought, too. i am sure that there was an upper limit once in the old opening post. It is PoS and there is no hard limit.
thanks, I have been in Btcd since september and I still believed there was an upper limit. I must have misread something in the old OP How can it have 5% interest every year, AND have an upper limit?
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barbierir
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December 27, 2015, 08:59:06 PM |
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Yes, this is what i thought, too. i am sure that there was an upper limit once in the old opening post.
... and we didn't hallucinate I found the old page in the internet archive: it says the limit was 22 millions. How can it have 5% interest every year, AND have an upper limit?
Why not? The interest could be paid only until the upper limit is reached. It seems to me there are other coins who do this way.
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riceberry
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December 27, 2015, 09:21:26 PM |
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Yes, this is what i thought, too. i am sure that there was an upper limit once in the old opening post.
... and we didn't hallucinate I found the old page in the internet archive: it says the limit was 22 millions. How can it have 5% interest every year, AND have an upper limit?
Why not? The interest could be paid only until the upper limit is reached. It seems to me there are other coins who do this way. Wow, does that mean there is a limit at 22 million ? Or is it definitly no limit? I see, if that was the case, does that mean that stakers would only support the network in return for transaction fees once the limit is reached?
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barbierir
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December 27, 2015, 09:51:34 PM |
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Wow, does that mean there is a limit at 22 million ? Or is it definitly no limit?
I hope Azeh can clarify this point, maybe it was changed after James took over the development I see, if that was the case, does that mean that stakers would only support the network in return for transaction fees once the limit is reached?
I suppose so, exactly like Bitcoin, but if the limit is 22millions (and everyone's staking) it would take almost 60 years to reach it. By then the fee will suffice, and the whole Btcd's platform will be so different in ways that are now unimaginable.
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jl777
Legendary
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Activity: 1176
Merit: 1134
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December 27, 2015, 11:40:01 PM |
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Wow, does that mean there is a limit at 22 million ? Or is it definitly no limit?
I hope Azeh can clarify this point, maybe it was changed after James took over the development I see, if that was the case, does that mean that stakers would only support the network in return for transaction fees once the limit is reached?
I suppose so, exactly like Bitcoin, but if the limit is 22millions (and everyone's staking) it would take almost 60 years to reach it. By then the fee will suffice, and the whole Btcd's platform will be so different in ways that are now unimaginable. before July 7, 2077 we will need to figure out a reason for people to stake without the 5% staking. until then, the compounding at 5% can continue and probably past due to attrition due to lost privkeys and non-stakers. this is not a high priority item for now James
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bhokor
Legendary
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Activity: 966
Merit: 1000
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December 27, 2015, 11:50:48 PM |
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Nice the see the price of BTCD going up like this project deserve, i would like to know if there are some way to have a wallet of btcd without download the blockchain? thanks
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criptix
Legendary
Offline
Activity: 2464
Merit: 1145
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December 28, 2015, 12:02:22 AM |
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Wow, does that mean there is a limit at 22 million ? Or is it definitly no limit?
I hope Azeh can clarify this point, maybe it was changed after James took over the development I see, if that was the case, does that mean that stakers would only support the network in return for transaction fees once the limit is reached?
I suppose so, exactly like Bitcoin, but if the limit is 22millions (and everyone's staking) it would take almost 60 years to reach it. By then the fee will suffice, and the whole Btcd's platform will be so different in ways that are now unimaginable. before July 7, 2077 we will need to figure out a reason for people to stake without the 5% staking. until then, the compounding at 5% can continue and probably past due to attrition due to lost privkeys and non-stakers. this is not a high priority item for now James Ah ok so it is correct to say that for now there exist a 22 million limit? I think that should be definitely added to the OP again.
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tyz
Legendary
Offline
Activity: 3360
Merit: 1533
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December 28, 2015, 12:07:58 AM |
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You could use the Supernet wallet. You do not need to download the blockchain at all. Supernet Lite is downloadable from http://www.supernet.org/download.phpNice the see the price of BTCD going up like this project deserve, i would like to know if there are some way to have a wallet of btcd without download the blockchain? thanks
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jl777
Legendary
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Activity: 1176
Merit: 1134
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December 28, 2015, 12:09:00 AM |
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Nice the see the price of BTCD going up like this project deserve, i would like to know if there are some way to have a wallet of btcd without download the blockchain? thanks
Is 30 minutes too long for blockchain download? That is my target time to sync from scratch James
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jl777
Legendary
Offline
Activity: 1176
Merit: 1134
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December 28, 2015, 12:10:50 AM |
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Wow, does that mean there is a limit at 22 million ? Or is it definitly no limit?
I hope Azeh can clarify this point, maybe it was changed after James took over the development I see, if that was the case, does that mean that stakers would only support the network in return for transaction fees once the limit is reached?
I suppose so, exactly like Bitcoin, but if the limit is 22millions (and everyone's staking) it would take almost 60 years to reach it. By then the fee will suffice, and the whole Btcd's platform will be so different in ways that are now unimaginable. before July 7, 2077 we will need to figure out a reason for people to stake without the 5% staking. until then, the compounding at 5% can continue and probably past due to attrition due to lost privkeys and non-stakers. this is not a high priority item for now James Ah ok so it is correct to say that for now there exist a 22 million limit? I think that should be definitely added to the OP again. 22 million total is what BTCD was created with and I do not foresee anything changing that as BTCD is a serious crypto that doesnt change total emission
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habraken
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December 28, 2015, 10:51:15 AM |
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Is 30 minutes too long for blockchain download? That is my target time to sync from scratch
Perfectly fine if UI informs the user
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bitkokos2
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December 28, 2015, 03:59:14 PM |
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Nice the see the price of BTCD going up like this project deserve, i would like to know if there are some way to have a wallet of btcd without download the blockchain? thanks
Is 30 minutes too long for blockchain download? That is my target time to sync from scratch James 30 minutes is what it takes my wallet to catch up a week's download
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polycryptoblog
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December 28, 2015, 05:52:11 PM |
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Hi, I have been following BTCD's developments for several months and all I can say is keep up the good work!
I am interested in contributing to this project because I think that it is simply revolutionary. I was curious on how to get in contact with the team developing this project? I am unfamiliar with Slack and am confused on how to join the channel.
If anyone can point me in the right direction it would be most appreciated.
*pardon the noob acct, long time lurker first time poster
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gnargnar
Legendary
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Activity: 1111
Merit: 1000
crypto-enthusiast since 2012
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December 28, 2015, 06:44:34 PM |
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Bad news for those holding BTCD at cryptsy
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barbierir
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December 28, 2015, 07:55:57 PM |
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Hi, I have been following BTCD's developments for several months and all I can say is keep up the good work!
I am interested in contributing to this project because I think that it is simply revolutionary. I was curious on how to get in contact with the team developing this project? I am unfamiliar with Slack and am confused on how to join the channel.
If anyone can point me in the right direction it would be most appreciated.
you should ask for an invite on Supernet slack where you can follow the latest development of Btcd and related projects: http://slackinvite.supernet.org/ (I think this link should be added to the OP). Slack is very simple to use, it's unfortunate that I waited months before joining. Once you join Supernet Slack you find there are a number of sub-channels, you're automatically subscribed to "general" but must manually join the others. I suggest the channels "btcd", "iguana" and "announcements". You also find a list of people and can send private messages.
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tyz
Legendary
Offline
Activity: 3360
Merit: 1533
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December 28, 2015, 08:56:41 PM |
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What happened with BTCDs on Cryptsy? Have not followed the happenings around Cryptsy over the last weeks. Bad news for those holding BTCD at cryptsy
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nwfella
Legendary
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Activity: 1610
Merit: 1000
Well hello there!
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December 29, 2015, 03:42:14 AM |
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Cryptsy has been experiencing wallet w/d issue(s) for well over a month now. People only intermittently reporting successful withdrawal's (I had one just two days ago but for trivial amount) and no ETA as to when it will be resolved. Not unusual for Cryptsy to constantly have wallet issue(s), but sustained across the board w/d issues for just about everybody for so long is disconcerting to say the least.
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¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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bitkokos2
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December 29, 2015, 10:58:30 AM |
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Cryptsy has been experiencing wallet w/d issue(s) for well over a month now. People only intermittently reporting successful withdrawal's (I had one just two days ago but for trivial amount) and no ETA as to when it will be resolved. Not unusual for Cryptsy to constantly have wallet issue(s), but sustained across the board w/d issues for just about everybody for so long is disconcerting to say the least.
Over a month now? We are always suffering with w/d issues on craptsy. Even jl777 was suffering 16 months ago. Look at the date https://bitcointalk.org/index.php?topic=684090.msg8630177#msg8630177They are not stupid enough to send BTCD as their wallet is fat and they get a nice 5% by staking.
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Azeh (OP)
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December 29, 2015, 05:04:42 PM |
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Hi, I have been following BTCD's developments for several months and all I can say is keep up the good work!
I am interested in contributing to this project because I think that it is simply revolutionary. I was curious on how to get in contact with the team developing this project? I am unfamiliar with Slack and am confused on how to join the channel.
If anyone can point me in the right direction it would be most appreciated.
you should ask for an invite on Supernet slack where you can follow the latest development of Btcd and related projects: http://slackinvite.supernet.org/ (I think this link should be added to the OP). Slack is very simple to use, it's unfortunate that I waited months before joining. Once you join Supernet Slack you find there are a number of sub-channels, you're automatically subscribed to "general" but must manually join the others. I suggest the channels "btcd", "iguana" and "announcements". You also find a list of people and can send private messages. Thanks. I added the SuperNET slack invite link under the new logo graphic in the OP. When you join supernet slack, where all the development is occuring, you should be sure to join the channels #btcd and #iguana. @polycryptoblog, we'd love to have new contributors. The more the better Let us know how you'd like to help out.
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riceberry
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December 29, 2015, 07:45:13 PM |
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Hi, I have been following BTCD's developments for several months and all I can say is keep up the good work!
I am interested in contributing to this project because I think that it is simply revolutionary. I was curious on how to get in contact with the team developing this project? I am unfamiliar with Slack and am confused on how to join the channel.
If anyone can point me in the right direction it would be most appreciated.
you should ask for an invite on Supernet slack where you can follow the latest development of Btcd and related projects: http://slackinvite.supernet.org/ (I think this link should be added to the OP). Slack is very simple to use, it's unfortunate that I waited months before joining. Once you join Supernet Slack you find there are a number of sub-channels, you're automatically subscribed to "general" but must manually join the others. I suggest the channels "btcd", "iguana" and "announcements". You also find a list of people and can send private messages. Thanks. I added the SuperNET slack invite link under the new logo graphic in the OP. When you join supernet slack, where all the development is occuring, you should be sure to join the channels #btcd and #iguana. @polycryptoblog, we'd love to have new contributors. The more the better Let us know how you'd like to help out. Welcome @polycryptoblog. You should really join slack, that's where the development action is.
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