[ANN][PHS][50% PoS ONLY!] PhilosopherStones | ACTIVE Dev! | ~64% Yearly |

[sorrros]

This is a very quiet community...

I'm still holding on to my PHS but this silence sometime makes wonder; is this coin dead?

Or is everyone just quietly staking?

When things simply work there is no need for fuss or scammy innovation claims.
The community has over 1000 followers on Tsu and many staking nodes...

[ryanb]

We need a better explorer and richlist.
Maybe we can reach out to Presstab and add it to his explorer site.

[Palmdetroit]

Still working:  If anyone has code for the richlist I'm sure we can have the old explorer updated.
@
http://explorer.phstones.com/

And yes quiet, still awaiting the next big surge in cryptos, will look into the newest patches and improvements at that time.

[1echo]

this coins seems dead same as LGD

only HBN and EXCL stayed live of big PoS coins

[sorrros]

1echo I can only suggest you try the wallet and check it out yourself - surely judging from the thread the coin could be dead, but when you start staking you realize it's fucking kicking

[dexterw1n]

Yep, just sitting and staking and buying here and there, we are all just quiet. 

[therealbigcoin]

i love to watch the diff going up and down on this beautifull chart in the wallet

[1echo]

can somebody drop me few PHS so i can start PoSing it back?

9i6K9TCvJKZmmHqrNzcT1bKzhbJiCBvA8b

[therealbigcoin]

can somebody drop me few PHS so i can start PoSing it back?

9i6K9TCvJKZmmHqrNzcT1bKzhbJiCBvA8b

sure, just sent u some to start

[sorrros]

can somebody drop me few PHS so i can start PoSing it back?

9i6K9TCvJKZmmHqrNzcT1bKzhbJiCBvA8b

sure, just sent u some to start

And another few - enjoy!

[ryanb]

block explorer seems broken.

Can we add PHS to presstab.pw site?

[Palmdetroit]

block explorer seems broken.

Can we add PHS to presstab.pw site?

http://54.148.124.35:2850/

old one but seems to work.



I know Presstab was a developer on some PoS coins, I'm guessing same guy?  If someone wants to ask him to add it, great.  Also if he or another dev is interested in working on the PHS code , as long as community thinks is a trusted developer, I will support, as I would like to see PHS taken further just difficult to find the time atm.

[alt19]

launched in 2013... 1st wave of coins
$380 trading volume over the last 30 days...

64%
how could you estimate PHS supply over the next 10 years?
the information is needed for http://alt19.com/19/cryptocurrency.php
thanks

[NoobKidOnTheBlock]

So PHS is strictly POS then and is only traded at Cryptsy? Also what is the latest windows wallet that is used? Thanks

[Trimegistus]

So PHS is strictly POS then and is only traded at Cryptsy? Also what is the latest windows wallet that is used? Thanks

You can find the link in the OP 

[NoobKidOnTheBlock]

So PHS is strictly POS then and is only traded at Cryptsy? Also what is the latest windows wallet that is used? Thanks

You can find the link in the OP 

Thanks I just wanted to make sure that everything in the OP was up to date cause sometimes with these older coins the wallet downloads aren't completely up to date Cheers

[sorrros]

NoobKid how much are you asking for the space in your signature? It looks like a terrific marketing investment

[NoobKidOnTheBlock]

NoobKid how much are you asking for the space in your signature? It looks like a terrific marketing investment

Dunno but PM me if you have an offer cause I'd love to put something in there lol But ya I'm quite frequently on BCT all the time in all the threads so it definitely would be worth someone's BTC to have their signature there lmao Cheers

[VladK]

Low prices are great opportunity to get in, as well to start discution about Philisipher's Stones future.
Because staking is the only way to get new coins  it's obvious that 50% staking rate is great for now and will be sustainable for few years to come. We can easily grow 50% every year from users base we have now.
But at some point in the future it will  eventually become unsustainable.
And my argument is that we should have sane plan for the future, implemented in the code. Because it's very hard to market Philosopher Stone now when its future is not clear.
Whether we would half rewards every 4 years till they become 4 or 2% with compounding and can be easily offset with transaction fees. But in this case the whole amount of money supply would be unpredictable. Or we would half reward when we get 10m, 15m, 17,5m coins etc, to have about 20m coins in the end for easy value comparison with BTC. Or something completely different. But it should be coded into the client, so we could put all these sexy charts of money supply to marketing sites and pdfs.
Another question about every POS only coins is "nothing at stake" problem. I have not enough technical knowledge to give well informed opinion about this, and I personally think this problem is exaggerated but for marketing reasons we should give some reassuring solution to this, so this is question to Palmdetroit, what he thinks about, what is the best way to reassure potential PHS byers.
And the last question. PHS can store any information as transaction message but only 140 bytes. FlorinCoin was forked later to have more than 500 bytes messages, is it hard to do the same with PHS? I'm PHS fan and web developer who interested in building services that use PHS and not only web wallets but something more interested like twitter like service that use PHS blockchain as a storage, or something like this, but I'm not experience enough to really dig into C code and understand how the client works on the low level, I would prefer to work with phs daemon via rpc.

[Palmdetroit]

Low prices are great opportunity to get in, as well to start discution about Philisipher's Stones future.
Because staking is the only way to get new coins  it's obvious that 50% staking rate is great for now and will be sustainable for few years to come. We can easily grow 50% every year from users base we have now.
But at some point in the future it will  eventually become unsustainable.
And my argument is that we should have sane plan for the future, implemented in the code. Because it's very hard to market Philosopher Stone now when its future is not clear.
Whether we would half rewards every 4 years till they become 4 or 2% with compounding and can be easily offset with transaction fees. But in this case the whole amount of money supply would be unpredictable. Or we would half reward when we get 10m, 15m, 17,5m coins etc, to have about 20m coins in the end for easy value comparison with BTC. Or something completely different. But it should be coded into the client, so we could put all these sexy charts of money supply to marketing sites and pdfs.
Another question about every POS only coins is "nothing at stake" problem. I have not enough technical knowledge to give well informed opinion about this, and I personally think this problem is exaggerated but for marketing reasons we should give some reassuring solution to this, so this is question to Palmdetroit, what he thinks about, what is the best way to reassure potential PHS byers.
And the last question. PHS can store any information as transaction message but only 140 bytes. FlorinCoin was forked later to have more than 500 bytes messages, is it hard to do the same with PHS? I'm PHS fan and web developer who interested in building services that use PHS and not only web wallets but something more interested like twitter like service that use PHS blockchain as a storage, or something like this, but I'm not experience enough to really dig into C code and understand how the client works on the low level, I would prefer to work with phs daemon via rpc.

Hi,  Just doing a quick analysis of the chain and currently PHS is growing at a rate of 2,500 PHS per day this current year.  One thing that gets overlooked quite often is coin destruction due to lost PHS or destruction due to fees, which works an as offset to runaway inflation. I'ts why we are coming on 3 years and still have such a low total coins than most predicted.

As Far as a fork to lessen inflation at certain dates/times, yes this is relatively easy, as well as increasing message size.

Hope everyone is enjoying this new found interest in Cryptos, and the prices