fonzerrellie
Legendary
Offline
Activity: 1190
Merit: 1000
Kaspa
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February 16, 2015, 01:26:57 AM |
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can't wait to see what you come up with, I hope you keep the 1000% Doubtful aww I was hope'n to have a giant stash by the time next winter rolled around lol anywho I guess I'll focus more on MMXIV till theres more details, I'm sure you have something neat in mind. PS we just spiked to 7 mill stake weight for a sec on 10k
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#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH WAVES
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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February 16, 2015, 02:24:13 PM |
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I'm gonna put the word out there right now. There is a 99% chance the BALLS change will be on a new chain. I'm changing too much fundamentally to try forking it. I can see a lot of problems coming up if I do
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halibit
Legendary
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Activity: 1596
Merit: 1006
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February 16, 2015, 06:58:11 PM |
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I'm gonna put the word out there right now. There is a 99% chance the BALLS change will be on a new chain. I'm changing too much fundamentally to try forking it. I can see a lot of problems coming up if I do
Hi spots. Let me know when you pull out your update. halibit alcurEX exchange
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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February 16, 2015, 07:35:10 PM |
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I'm gonna put the word out there right now. There is a 99% chance the BALLS change will be on a new chain. I'm changing too much fundamentally to try forking it. I can see a lot of problems coming up if I do
Hi spots. Let me know when you pull out your update. halibit alcurEX exchange Will do, thanks
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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February 17, 2015, 03:34:58 PM |
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What the fuck happened to BALLS? There is a sea of garabge which must be waded through daily. Why pick one coin over another? At this stage of the game, it's a crap shoot. What many people consider the end game, mass adoption, as the ultimate goal, there is a growing number of investors that see the negatives of such exposure. Let's use a company like Overstock. Now I know they just started offering employees salary in Bitcoin, which is exactly what needs to be done. Accepting Bitcoin as payment is a good thing, don't get me wrong, but when large corporations simply take these profits and dump to fiat to pay employees, bills, and taxes, they start doing more harm than good. There are enough people focused on merchant and mass adoption. It's a saturated market that only a few will thrive in. This is a very important step for the community as a whole or there will never be new cash flow into cryptos. I am not anti-adoption, but that is not the only channel for profit. This is where high staking chains come into play While others grind to be the top merchant token, there is a new wave of coins, such as MMXIV, BALLS, and 10k, that aim to be a hedge against flailing Bitcoin prices. While Bitcoin struggles to find a true price, our coins have held steady. Even in a falling market, high stake combats the falling per coin price. Every day staking increases your personal holdings of the entire network by percentage. Network inflation will NEVER be higher than personal staking gains. Which brings me back to the original point. What to do with BALLS. The staking protocol switch obviously did not go over well. So do we ignore the problem and move on? Definitely not. Very soon we will be doing a coin swap for BALLS to a new chain. It will be a 1:1 swap on a reputable exchange (TBD where). The reason for not forking the current chain is simple; the changes are far too drastic and won't work well with what we already have Blocks will be extremely fast. I've already proven with MMXIV and 10k that these chains are both quick and unattackable. BALLS needs to be brought up to the same level of speed and security as the other two. So for that reason, there will be drastic changes to the fundamentals of the coin. I have for a while wanted to do a coin with random stake percentages each block. Like all other randomness in coins, this would have been built on a system using previous hash seeds, making it predictable and pseudorandom at best. Stake modifiers already proved shitty with BALLS, so what's next? I'm not telling you yet I will say the way we are doing stake has not been done before. It is the same basic system as many others, but instead of using personal stake modifiers, we will be adjusting the stake percentage on the fly for the network as a whole. The waves used in BALLS earlier proved extremely popular, so we are currently working on our own algorithm that will give rewards enough of an oscillating median to stay interesting. Our system will not pretend to be random when it is not, thus predictable if you really want to put the time in to math it out, stock up stake weight, and pray you hit that block, but I feel it will be more interesting than the previous hash seeded pseudorandom systems, that have been advertising themselves as truly random, already fucking up other coins No ETA, yet, and all GorillaStake addresses will be on hold until the new fork is out, but I just wanted to let you guys know that I have a) not forgotten about you, or b) given up and moved on. I am the top address on all three Rich Lists and have more in smaller stacks I use for testing. I have not dumped; these drops are not me. I will lose much more than anyone else if these coins fail. I have more money invested in them than any of you do and I do not hand out my dollars easily. There is a reason I now only invest in coins that I am working on. I don't trust others to make me profit, so I can't blame you for not trusting me to have your best interest in mind, which I certainly do. If you guys don't make money, neither do I
TL;DR: None. If you can't read a few short paragraphs, then you don't deserve to know what's in it
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Youghoor
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February 17, 2015, 04:26:01 PM |
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What the fuck happened to BALLS? There is a sea of garabge which must be waded through daily. Why pick one coin over another? At this stage of the game, it's a crap shoot. What many people consider the end game, mass adoption, as the ultimate goal, there is a growing number of investors that see the negatives of such exposure. Let's use a company like Overstock. Now I know they just started offering employees salary in Bitcoin, which is exactly what needs to be done. Accepting Bitcoin as payment is a good thing, don't get me wrong, but when large corporations simply take these profits and dump to fiat to pay employees, bills, and taxes, they start doing more harm than good. There are enough people focused on merchant and mass adoption. It's a saturated market that only a few will thrive in. This is a very important step for the community as a whole or there will never be new cash flow into cryptos. I am not anti-adoption, but that is not the only channel for profit. This is where high staking chains come into play While others grind to be the top merchant token, there is a new wave of coins, such as MMXIV, BALLS, and 10k, that aim to be a hedge against flailing Bitcoin prices. While Bitcoin struggles to find a true price, our coins have held steady. Even in a falling market, high stake combats the falling per coin price. Every day staking increases your personal holdings of the entire network by percentage. Network inflation will NEVER be higher than personal staking gains. Which brings me back to the original point. What to do with BALLS. The staking protocol switch obviously did not go over well. So do we ignore the problem and move on? Definitely not. Very soon we will be doing a coin swap for BALLS to a new chain. It will be a 1:1 swap on a reputable exchange (TBD where). The reason for not forking the current chain is simple; the changes are far too drastic and won't work well with what we already have Blocks will be extremely fast. I've already proven with MMXIV and 10k that these chains are both quick and unattackable. BALLS needs to be brought up to the same level of speed and security as the other two. So for that reason, there will be drastic changes to the fundamentals of the coin. I have for a while wanted to do a coin with random stake percentages each block. Like all other randomness in coins, this would have been built on a system using previous hash seeds, making it predictable and pseudorandom at best. Stake modifiers already proved shitty with BALLS, so what's next? I'm not telling you yet I will say the way we are doing stake has not been done before. It is the same basic system as many others, but instead of using personal stake modifiers, we will be adjusting the stake percentage on the fly for the network as a whole. The waves used in BALLS earlier proved extremely popular, so we are currently working on our own algorithm that will give rewards enough of an oscillating median to stay interesting. Our system will not pretend to be random when it is not, thus predictable if you really want to put the time in to math it out, stock up stake weight, and pray you hit that block, but I feel it will be more interesting than the previous hash seeded pseudorandom systems, that have been advertising themselves as truly random, already fucking up other coins No ETA, yet, and all GorillaStake addresses will be on hold until the new fork is out, but I just wanted to let you guys know that I have a) not forgotten about you, or b) given up and moved on. I am the top address on all three Rich Lists and have more in smaller stacks I use for testing. I have not dumped; these drops are not me. I will lose much more than anyone else if these coins fail. I have more money invested in them than any of you do and I do not hand out my dollars easily. There is a reason I now only invest in coins that I am working on. I don't trust others to make me profit, so I can't blame you for not trusting me to have your best interest in mind, which I certainly do. If you guys don't make money, neither do I
TL;DR: None. If you can't read a few short paragraphs, then you don't deserve to know what's in it This explains a lot.
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vegasguy
Legendary
Offline
Activity: 1610
Merit: 1003
"Yobit pump alert software" Link in my signature!
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February 17, 2015, 05:09:08 PM |
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If I may ask. I know balls rewards where changed to a min stake of I think from 24 hrs to about 8.8 days. Can you tell us with the upcoming forked if the min stake age will be changed and what to?
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I want to make sure everyone knows that I just released my software called "Yobit pump alert". THis is custom software that uses an algo to detect the start of a pump here on yobit, the second it starts. YOu can even filter the coins you see by price. Most pumps start less than 100 sats , so you can easily filter the cheap coins, so they are the only ones displayed https://bitcointalk.org/index.php?topic=1945937.msg20241953#msg20241953
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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February 17, 2015, 05:14:09 PM |
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If I may ask. I know balls rewards where changed to a min stake of I think from 24 hrs to about 8.8 days. Can you tell us with the upcoming forked if the min stake age will be changed and what to?
Back to 24 hours. It will stake as often as it did before, but the amounts will be different
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freedomsr40
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February 17, 2015, 06:41:12 PM |
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havent staked since feb 9th, i have about 96k coins , any reason why?
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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February 17, 2015, 06:46:20 PM |
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havent staked since feb 9th, i have about 96k coins , any reason why?
Because today is 8 days since then and maturity is roughly 8.8
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rocoro
Legendary
Offline
Activity: 938
Merit: 1000
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February 17, 2015, 07:59:30 PM |
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So when is this new chain coming out or will we have a whole new client?
Edit: ah i see .. "It will be a 1:1 swap on a reputable exchange (TBD where). The reason for not forking the current chain is simple; the changes are far too drastic and won't work well with what we already have"
When about will this take place?
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fonzerrellie
Legendary
Offline
Activity: 1190
Merit: 1000
Kaspa
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February 17, 2015, 08:22:10 PM |
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right on sounds like it'll be much better than it is now, I'll have to try and stock on some more before it happens
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#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH WAVES
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eprocent
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February 17, 2015, 11:48:14 PM |
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If I may ask. I know balls rewards where changed to a min stake of I think from 24 hrs to about 8.8 days. Can you tell us with the upcoming forked if the min stake age will be changed and what to?
Back to 24 hours. It will stake as often as it did before, but the amounts will be different Thx iGotSpots for the changes. the amounts will be different in plus or in minus?
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iGotSpots (OP)
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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February 18, 2015, 12:11:13 AM |
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If I may ask. I know balls rewards where changed to a min stake of I think from 24 hrs to about 8.8 days. Can you tell us with the upcoming forked if the min stake age will be changed and what to?
Back to 24 hours. It will stake as often as it did before, but the amounts will be different Thx iGotSpots for the changes. the amounts will be different in plus or in minus? Both
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eprocent
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February 18, 2015, 12:19:25 AM |
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If I may ask. I know balls rewards where changed to a min stake of I think from 24 hrs to about 8.8 days. Can you tell us with the upcoming forked if the min stake age will be changed and what to?
Back to 24 hours. It will stake as often as it did before, but the amounts will be different Thx iGotSpots for the changes. the amounts will be different in plus or in minus? Both very interesting. total anual reward in percent?
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rocoro
Legendary
Offline
Activity: 938
Merit: 1000
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February 18, 2015, 01:27:06 AM |
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It will be a 1:1 swap on a reputable exchange (TBD where). The reason for not forking the current chain is simple; the changes are far too drastic and won't work well with what we already have
Which exchange and when does this take place, would be nice to know since balls seem very difficult to move/send.
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rhkazani1
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February 18, 2015, 02:43:34 AM |
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Is the pool down? stratum+tcp://balls.mmxivcoin.com:3333
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kawa900jc
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February 18, 2015, 07:00:35 AM |
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I like BALLS becouse there is a lot of development and unexpected moves or events. Keep me informed I'll follow my BALLS.
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blaiser
Member
Offline
Activity: 99
Merit: 10
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February 18, 2015, 07:23:08 AM |
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Is the pool down? stratum+tcp://balls.mmxivcoin.com:3333
It was, but not anymore.
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Hey man, can you spare some Teeth - GQZ1mXzbsviarDAjgGeVTRB5GmjyMtFj5N
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