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Topic: AndroidsTokens - ADT - proof of stake Coin - 66 Billion - Trade on Cryptsy! - page 38. (Read 130796 times)

legendary
Activity: 868
Merit: 1000
ADT developer
What I am about to say may sound crazy but I assure you that its totally doable



I have been thinking a lot about this idea the last 2 days.

Ok we have got to the point where the code in ADT is letting us down far too often. I have an idea that would both permanently fix ADT as well as improve it.

This is just an idea and will not be implemented unless it has the ADT community's backing.

My plan is to get a new fully customised block chain that is cloned from a stable coin (the current blockchain is based on starcoin and it sucks)

It will have 66,800,000,000 coins in the 1st and only POW block. The POS will be 0.05% every 15 days (around 0.1% a month or 1.2% a year).

Average POS block time of 30 seconds.

I want to get a fully customised client made for

Windows
Linux
Mac OS

I also want to get an android wallet made.

I will be updating those details as needed.

Now for the important stuff:    

How I would implement this

1. I would get the new client coded by a real coder like sunny king.

2. I would contact cryptsy and ask for the trading of ADT to be paused  for 48h.

3. I would provide cryptsy with the new client and the same amount of coins that are currently on the exchange.

4. I would post the new client on this thread.

This is the bit that's not fully worked out yet but it will be something like this:

5. I would swap coins on the old chain for coins on the new chain at a 1:1 ratio.
By my best guesses there will be approximately  1 bill coins remaining after all the coins are handed out, due to coins that were lost during older issues.
I would leave it up to the community what would happen with the remaining coins I would suggest a faucet or something similar

(This is just the concept post I will be making a more detailed post when I wake up later today ( I am posting this at 7am after being up all night )
full member
Activity: 196
Merit: 100
I have looked at github linux source code briefly there seems to be minor issues such as sharing network port with infinite coin v2. POW seems to be broken but fixable.

I compiled linux client from source its synching slowly. Overall if someone can fix stuff it may be something Smiley
hero member
Activity: 742
Merit: 500
I'm dying.
we have found more issues while testing the client so it will be delayed a little longer we are working on it right now
You're waiting to dump. As I see. I don't see any progress in the ADT storyline.
newbie
Activity: 56
Merit: 0
legendary
Activity: 868
Merit: 1000
ADT developer
we have found more issues while testing the client so it will be delayed a little longer we are working on it right now
legendary
Activity: 868
Merit: 1000
ADT developer
Update

currently testing the new ADT client Smiley

Any word on increasing the PoS mining %. I wish Jag was more vocal in this thread, he seems to be very absent during this critical time. What can you tell us about the new client. Communication with stakeholders is key, or else you can expect people to dump the coin.  Hopefully BTC38 is still able to add the coin if the new client is released and working in time!

I have talked to jag about the POS% and he is reluctant to change it

I suggested changing it to 0.05% and halving the POS time to 16 days

to make 0.1% a month or 1.2% / year

I will keep talking to jag and hopefully we can work something out Smiley nothing will be changed until me jag and the community on any changes Smiley

thanks

zack 

legendary
Activity: 1232
Merit: 1000
Update

currently testing the new ADT client Smiley

Any word on increasing the PoS mining %. I wish Jag was more vocal in this thread, he seems to be very absent during this critical time. What can you tell us about the new client. Communication with stakeholders is key, or else you can expect people to dump the coin.  Hopefully BTC38 is still able to add the coin if the new client is released and working in time!
member
Activity: 101
Merit: 10
Hi,

where can I find the Total Supply of coins in real time? So, it can be added http://coinmarketcap.com/

thanks!
B.
legendary
Activity: 868
Merit: 1000
ADT developer
Update

currently testing the new ADT client Smiley
legendary
Activity: 868
Merit: 1000
ADT developer
Well I am helping. I decided to run 1 node now and I can launch 6 more nodes each on 1 GB link in USA.


Plus some behind scenes lil help. Even this coin may be basic well who cares Smiley

Donations welcome Smiley

xv2hDBZw6HwNR76DpNV1UDmL3s6LV5ivr

Thank You Smiley

I have replied to your pm


thanks

zack
full member
Activity: 196
Merit: 100
Well I am helping. I decided to run 1 node now and I can launch 6 more nodes each on 1 GB link in USA.


Plus some behind scenes lil help. Even this coin may be basic well who cares Smiley

Donations welcome Smiley

xv2hDBZw6HwNR76DpNV1UDmL3s6LV5ivr
legendary
Activity: 868
Merit: 1000
ADT developer
I think the problem with ADT is that there is a node out there with the complete blockchain that must have closed their wallet. ADT needs a dedicated PoS miner so that anyone can connect to that node and download the complete blockchain.

Perhaps the devs can sell some of that premine and setup a VPS, or several VPS with the ADT wallet running 24/7. This is critical to the success of ADT. BTC38 will not add the coin if the wallets can't sync. We had this problem before and we managed to pull through by just leaving our wallets open until we connected to the node with the complete blockchain.

ADT needs to get it together, you guys are blowing a great opportunity here.

I also suggest that as compensation for PoS miners, you need to increase the % that miners will earn. NVC increased theirs to 5% and the price exploded. .001% is too low and doesn't really give incentive to PoS miners to mine. Think of ADT as a tradeble bond, why would anyone take on market risk for .001%. I can lose 50% of my ADT in value if the price dumps, why would I take on that risk for .001%? If you guys issue a hardfork, increase the %, reward your miners and give more value to ADT.

I would suggest something conservative like 5%. We can put it to a vote and let the people decide.


cryptsy has a high % of the coins in there wallets when there server is down there is not many pos blocks being made

this is not helped by the bad nodes

there will be a fix as soon as its possible I have 2vps and will be hosting a node my self as soon as the new client is done I will have them setup
( there paid for by me personally I will talk to jag about the premine paying for 2 more servers )

as to the POS % I will talk to jag about it ( I have brought this up in the past but I will do so again Smiley )


And you guys believe this crap. ADT has no dev, no patch in the pipeworks and these showgirls really no no clue what their coin does and how it works. I lol'd so hard.

you do realise how this make you look Right ?

Well considering everyone your asking to fix adt is coming to me it's quite funny. As I say to everyone, zachclark70 is a super dev with a $100,000 premine I'm sure he can handle it.



have you considered that if people work together things will get fixed you need the same fix for COL as it has the same issue so me paying people to fix ADT will benefit you

as I have said to you plenty of times now I don't have the premine jag does over 50% of what's been spent on repairs is out of my own pocket  do you see me complaining about it ?

as you know half of the premine went to paying back coins that were lost during past issues and a fair bit went into repairing the coin

the biggest issue we have is that most people refuse to help each other around here
newbie
Activity: 16
Merit: 0
Does anyone has an idea how to make the wallet work?   I tried with version V1.5.1 but still in status 'out of sync' after all the blocks had been downloaded.
legendary
Activity: 1008
Merit: 1022
I think the problem with ADT is that there is a node out there with the complete blockchain that must have closed their wallet. ADT needs a dedicated PoS miner so that anyone can connect to that node and download the complete blockchain.

Perhaps the devs can sell some of that premine and setup a VPS, or several VPS with the ADT wallet running 24/7. This is critical to the success of ADT. BTC38 will not add the coin if the wallets can't sync. We had this problem before and we managed to pull through by just leaving our wallets open until we connected to the node with the complete blockchain.

ADT needs to get it together, you guys are blowing a great opportunity here.

I also suggest that as compensation for PoS miners, you need to increase the % that miners will earn. NVC increased theirs to 5% and the price exploded. .001% is too low and doesn't really give incentive to PoS miners to mine. Think of ADT as a tradeble bond, why would anyone take on market risk for .001%. I can lose 50% of my ADT in value if the price dumps, why would I take on that risk for .001%? If you guys issue a hardfork, increase the %, reward your miners and give more value to ADT.

I would suggest something conservative like 5%. We can put it to a vote and let the people decide.


cryptsy has a high % of the coins in there wallets when there server is down there is not many pos blocks being made

this is not helped by the bad nodes

there will be a fix as soon as its possible I have 2vps and will be hosting a node my self as soon as the new client is done I will have them setup
( there paid for by me personally I will talk to jag about the premine paying for 2 more servers )

as to the POS % I will talk to jag about it ( I have brought this up in the past but I will do so again Smiley )


And you guys believe this crap. ADT has no dev, no patch in the pipeworks and these showgirls really no no clue what their coin does and how it works. I lol'd so hard.

you do realise how this make you look Right ?

Well considering everyone your asking to fix adt is coming to me it's quite funny. As I say to everyone, zachclark70 is a super dev with a $100,000 premine I'm sure he can handle it.

sr. member
Activity: 308
Merit: 251
Giga
Can someone show me the thing which says that ADT will go to China?
If so, I'm buying ADT worth of 100 LTC.

https://bitcointalk.org/index.php?topic=362895.new#new
legendary
Activity: 868
Merit: 1000
ADT developer
I think the problem with ADT is that there is a node out there with the complete blockchain that must have closed their wallet. ADT needs a dedicated PoS miner so that anyone can connect to that node and download the complete blockchain.

Perhaps the devs can sell some of that premine and setup a VPS, or several VPS with the ADT wallet running 24/7. This is critical to the success of ADT. BTC38 will not add the coin if the wallets can't sync. We had this problem before and we managed to pull through by just leaving our wallets open until we connected to the node with the complete blockchain.

ADT needs to get it together, you guys are blowing a great opportunity here.

I also suggest that as compensation for PoS miners, you need to increase the % that miners will earn. NVC increased theirs to 5% and the price exploded. .001% is too low and doesn't really give incentive to PoS miners to mine. Think of ADT as a tradeble bond, why would anyone take on market risk for .001%. I can lose 50% of my ADT in value if the price dumps, why would I take on that risk for .001%? If you guys issue a hardfork, increase the %, reward your miners and give more value to ADT.

I would suggest something conservative like 5%. We can put it to a vote and let the people decide.


cryptsy has a high % of the coins in there wallets when there server is down there is not many pos blocks being made

this is not helped by the bad nodes

there will be a fix as soon as its possible I have 2vps and will be hosting a node my self as soon as the new client is done I will have them setup
( there paid for by me personally I will talk to jag about the premine paying for 2 more servers )

as to the POS % I will talk to jag about it ( I have brought this up in the past but I will do so again Smiley )


And you guys believe this crap. ADT has no dev, no patch in the pipeworks and these showgirls really no no clue what their coin does and how it works. I lol'd so hard.

you do realise how this make you look Right ?
legendary
Activity: 1008
Merit: 1022
I think the problem with ADT is that there is a node out there with the complete blockchain that must have closed their wallet. ADT needs a dedicated PoS miner so that anyone can connect to that node and download the complete blockchain.

Perhaps the devs can sell some of that premine and setup a VPS, or several VPS with the ADT wallet running 24/7. This is critical to the success of ADT. BTC38 will not add the coin if the wallets can't sync. We had this problem before and we managed to pull through by just leaving our wallets open until we connected to the node with the complete blockchain.

ADT needs to get it together, you guys are blowing a great opportunity here.

I also suggest that as compensation for PoS miners, you need to increase the % that miners will earn. NVC increased theirs to 5% and the price exploded. .001% is too low and doesn't really give incentive to PoS miners to mine. Think of ADT as a tradeble bond, why would anyone take on market risk for .001%. I can lose 50% of my ADT in value if the price dumps, why would I take on that risk for .001%? If you guys issue a hardfork, increase the %, reward your miners and give more value to ADT.

I would suggest something conservative like 5%. We can put it to a vote and let the people decide.


cryptsy has a high % of the coins in there wallets when there server is down there is not many pos blocks being made

this is not helped by the bad nodes

there will be a fix as soon as its possible I have 2vps and will be hosting a node my self as soon as the new client is done I will have them setup
( there paid for by me personally I will talk to jag about the premine paying for 2 more servers )

as to the POS % I will talk to jag about it ( I have brought this up in the past but I will do so again Smiley )


And you guys believe this crap. ADT has no dev, no patch in the pipeworks and these showgirls really no no clue what their coin does and how it works. I lol'd so hard.
hero member
Activity: 742
Merit: 500
I'm dying.
Can someone show me the thing which says that ADT will go to China?
If so, I'm buying ADT worth of 100 LTC.
legendary
Activity: 1030
Merit: 1000
I think the problem with ADT is that there is a node out there with the complete blockchain that must have closed their wallet. ADT needs a dedicated PoS miner so that anyone can connect to that node and download the complete blockchain.

Perhaps the devs can sell some of that premine and setup a VPS, or several VPS with the ADT wallet running 24/7. This is critical to the success of ADT. BTC38 will not add the coin if the wallets can't sync. We had this problem before and we managed to pull through by just leaving our wallets open until we connected to the node with the complete blockchain.

ADT needs to get it together, you guys are blowing a great opportunity here.

I also suggest that as compensation for PoS miners, you need to increase the % that miners will earn. NVC increased theirs to 5% and the price exploded. .001% is too low and doesn't really give incentive to PoS miners to mine. Think of ADT as a tradeble bond, why would anyone take on market risk for .001%. I can lose 50% of my ADT in value if the price dumps, why would I take on that risk for .001%? If you guys issue a hardfork, increase the %, reward your miners and give more value to ADT.

I would suggest something conservative like 5%. We can put it to a vote and let the people decide.


cryptsy has a high % of the coins in there wallets when there server is down there is not many pos blocks being made

this is not helped by the bad nodes

there will be a fix as soon as its possible I have 2vps and will be hosting a node my self as soon as the new client is done I will have them setup
( there paid for by me personally I will talk to jag about the premine paying for 2 more servers )

as to the POS % I will talk to jag about it ( I have brought this up in the past but I will do so again Smiley )


Nice!

Your next update should send ADT soaring once again!

While you're at it, maybe make ADT support transaction comments as well. Good luck
legendary
Activity: 868
Merit: 1000
ADT developer
I think the problem with ADT is that there is a node out there with the complete blockchain that must have closed their wallet. ADT needs a dedicated PoS miner so that anyone can connect to that node and download the complete blockchain.

Perhaps the devs can sell some of that premine and setup a VPS, or several VPS with the ADT wallet running 24/7. This is critical to the success of ADT. BTC38 will not add the coin if the wallets can't sync. We had this problem before and we managed to pull through by just leaving our wallets open until we connected to the node with the complete blockchain.

ADT needs to get it together, you guys are blowing a great opportunity here.

I also suggest that as compensation for PoS miners, you need to increase the % that miners will earn. NVC increased theirs to 5% and the price exploded. .001% is too low and doesn't really give incentive to PoS miners to mine. Think of ADT as a tradeble bond, why would anyone take on market risk for .001%. I can lose 50% of my ADT in value if the price dumps, why would I take on that risk for .001%? If you guys issue a hardfork, increase the %, reward your miners and give more value to ADT.

I would suggest something conservative like 5%. We can put it to a vote and let the people decide.


cryptsy has a high % of the coins in there wallets when there server is down there is not many pos blocks being made

this is not helped by the bad nodes

there will be a fix as soon as its possible I have 2vps and will be hosting a node my self as soon as the new client is done I will have them setup
( there paid for by me personally I will talk to jag about the premine paying for 2 more servers )

as to the POS % I will talk to jag about it ( I have brought this up in the past but I will do so again Smiley )
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