[ANN] [AIRDROP] MorningStar Payment Systems 💰| 100% PoS | 20% interest 1st year - page 44.

Altcoinster

full member

Activity: 210

Merit: 100

Looks pretty nice for a airdrop. Better than all the other ANN airdrops threads that are created in 2 min. I am waiting for more information here. Whats the date of the airdrop? How much can we claim? Is there a way to get a bonus?

oli123

full member

Activity: 644

Merit: 100

I love this type of giving coins a few blocks to mining and then only POS. Mining I missed but I would wait for the airdrop conditions to be published. I wish a lot of happiness.

reserter

full member

Activity: 485

Merit: 100

the news of the airdrop project is so excellent. I will wait for further news.

varole

full member

Activity: 151

Merit: 100

I like the logo. Also the idea is promising. I am waiting for the airdrop and let me know if you need any Turkish translation.

testadimerlo

sr. member

Activity: 826

Merit: 263

Project sounds interesting. Waiting for news about the airdrop.

Mokel

sr. member

Activity: 364

Merit: 251

when the airdrop of this project will be started dev because I can not wait to participate in this project

lijoe408

sr. member

Activity: 434

Merit: 251

Branding looks terrible. Just being honest. Go with something more professional looking if you want to have any chance.

changeproject

full member

Activity: 240

Merit: 101

Quote from: bumblebee24 on September 04, 2017, 03:02:05 PM

It states that the initial stages will be PoW, followed by conversion to pure PoS.

What is the algorithm for PoW?

Or, could it be that PoW will not be available to general public?

PoW is now over. Block 100 was the last PoW block. The chain is now on block ~2433.

Miloudi0912

full member

Activity: 246

Merit: 105

Wait for Airdrop DEV Cheesy

I hope soon Wink

bumblebee24

full member

Activity: 154

Merit: 100

www.valuebetting.org

It states that the initial stages will be PoW, followed by conversion to pure PoS.

What is the algorithm for PoW?

Or, could it be that PoW will not be available to general public?

HermaRinti

newbie

Activity: 37

Merit: 0

Good luck! Airdrop Sounds great!

changeproject

full member

Activity: 240

Merit: 101

Quote from: ctyong on September 04, 2017, 02:52:14 PM

Reserved for bounty. Good luck for the project

Thank you.

ctyong

member

Activity: 145

Merit: 22

Reserved for bounty. Good luck for the project

changeproject

full member

Activity: 240

Merit: 101

Quote from: ?? on ??

Love the DeepOnion signature on your ICrapO

I am the Developer. He just posted the ANN thread for us since my account is still in Newbie phase.

claudieux

full member

Activity: 137

Merit: 100

Romanian translation is ready: https://bitcointalksearch.org/topic/ann-airdrop-sistemul-de-plati-morningstar-100-pos-20-in-primul-an-2150650

claudieux

full member

Activity: 137

Merit: 100

Quote from: ?? on ??

Love the DeepOnion signature on your ICrapO

I only helped them to post the ANN. Please contact changeproject for details regarding this project. Thank you!

claudieux

full member

Activity: 137

Merit: 100

NOTE: Please direct all messages regarding MorningStar to user changeproject or join Discord Channel and DM @Morningstar Payments. Thank you.

MORNINGSTAR OFFICIAL WEBSITE | DISCORD | WALLET DOWNLOADS

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WHAT IS MORNINGSTAR (MRNG)

MorningStar Payment Systems aims to end the current banking institutions that have a government-granted monopoly on the creation of money and credit. Federal Reserve Notes are paper promises backed by nothing of intrinsic value and they are only functioning as money because the government forces them on the public through legal tender laws. Federal Reserve Notes are referred to as dollars but are not. The definition of a dollar is a weight of silver (371 grains). To put it simply, the Fed is a group of banks running a national counterfeiting operation with the protection of the government. With MorningStar’s “finite”, decentralized, secure ledger system, we can begin making positive monetary change. The power of money creation is given back to the people where it should have been all along.

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SPECIFICATIONS

Ticker: MRNG
Pure PoS after initial PoW coins are mined (last block for PoW was block 100)
30 seconds block target
Difficulty retargets every block
PoS variable interests:
– 1st year: 20%
– 2nd year: 15%
– 3rd year: 10%
– 4th and subsequent years: 5%
4 confirmations for transaction, thus fast 2 mins confirmation for transactions
30 confirmations for minted blocks
Ports: 94722 (connection) and 94622 (RPC)
100 million total coins

MRNG Nodes (9/22/17): Morningstar.conf
Nodes Info: Official MorningStar, CoinsMarkets and Novaexchange nodes.

Code:

rpcuser=1234567
rpcpassword=kljsaklfhiosjfjkbsjkdfnisfsfsdf
rpcconnect=127.0.0.1
addnode=68.111.253.235
addnode=84.20.246.93
addnode=77.139.178.92
addnode=110.54.181.98
addnode=85.253.170.205
addnode=149.154.251.107
addnode=128.69.180.109
addnode=95.26.225.141
addnode=75.108.115.171
addnode=93.220.33.11
addnode=114.124.202.98
addnode=204.8.156.142
addnode=115.178.237.213
addnode=129.78.56.129
addnode=184.55.176.66
addnode=78.174.96.26
addnode=96.127.216.214
addnode=78.184.219.25
addnode=75.108.115.171
addnode=62.238.16.206
addnode=192.241.254.184
addnode=95.8.89.20
addnode=120.188.94.56
addnode=120.188.7.144
addnode=43.227.225.79
addnode=209.159.213.206
addnode=35.157.7.76
addnode=212.252.20.44
addnode=13.64.108.99
addnode=88.245.19.5
addnode=138.197.38.170
addnode=138.197.38.170
addnode=95.26.225.141
addnode=coinsmarkets.com:94722
addnode=122.114.173.21:29186
addnode=138.197.38.170:29186
addnode=192.241.254.184:29186
addnode=195.208.220.148:29186
addnode=83.128.77.100:29186
addnode=62.45.252.158:29186

▄▄▄
VISION

Our vision is to revolutionize monetary policy across the globe by establishing a secure Proof-of-Stake cryptocurrency that can grow to be a TRULY decentralized payment processing network outside of Federal and State regulations. Bitcoin is under attack and has lost its initial focus. It is becoming more and more centralized due to the amount of computing power and the cost of this equipment/electricity needed to "mine" new blocks. This will inevitably push out "the common man" and the "little guy". The initial idea of Bitcoin was a decentralized system that can not be controlled by single "actor". However, the rapid appreciation in Bitcoin's USD value has caused many to forget its initial case-use and look the other way. It is now under the microscope of Federal and State governments and subject to regulations. Aside from this, the Bitcoin network now "wastes" enough electricity to power a small country. With Proof-of-Stake mining, power consumption is negligible.

Proof of Stake currencies can be several thousand times more cost effective. Below is a chart of the wasteful use of energy consumed by the Bitcoin network.

Bitcoin’s current estimated annual electricity consumption* (TWh) 16.3
Annualized global mining revenues $3,677,569,788
Annualized estimated global mining costs $815,187,540
Country closest to Bitcoin in terms of electricity consumption Lebanon
Estimated electricity used over the previous day (KWh) 44,667,810
Implied Watts per GH/s 0.3
Break-even Watts per GH/s (based on 5 cents per KWh) 1.353
Electricity consumed per transaction (KWh) 172.00
Number of U.S. households that could be powered by Bitcoin 1,509,607
Number of U.S. households powered for 1 day by the electricity consumed for a single transaction 5.8
Bitcoin’s electricity consumption as a percentage of the world’s electricity consumption 0.08%

▄▄▄
EARN BY SIMPLY HOLDING MORNINGSTAR (MRNG)

Unlike proof-of-work (PoW) based crypto-currencies (such as Bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), the creator of the next block in a proof-of-stake crypto-currency is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are minted (in the U.S. Treasury sense of this word) rather than mined. It works much like a savings account at a bank.

MorningStar’s proof-of-stake system combines randomization with the concept of “coin age,” (number of coins multiplied by the amount of time the coins have been held). Coins that have been unspent for this amount of time begin competing for the next block. Older and larger sets of coins have a greater probability of signing the next block (i.e. creating new coins). However, once a stake of coins has been used to sign a block, they must start over with zero “coin age” and thus wait the specified amount of time before signing another block. This process secures the network and gradually produces new coins over time without consuming significant computational power. A malicious attack on the network is very difficult due to the lack of a need for centralized mining pools and the fact that purchasing more than half of the coins is very costly.

EXAMPLE:
1. You buy 100,000 MorningStar (MRNG) from an exchange.
2. You transfer your MorningStar (MRNG) to your desktop wallet.
3. You hold it for one year. (the first year with interest at 20%)
4. You will now have 120,000 MorningStar. A 20,000 increase for simply holding on your local wallet for 1 year.

▄▄▄
AIRDROP / BOUNTIES

Active Bounty

Join our Discord Channel to know know how to participate on Active Bounties

Another round of Airdrops will be announce soon! Be active in Discord channel to get the latest updates!

▄▄▄
EXCHANGES

CoinsMarkets.com
Novaexchange.com

▄▄▄
LINKS

Coin Market Cap
Coinhills
Blockfolio
MRNG FAUCET

TRANSLATIONS

Chinese - https://bitcointalksearch.org/topic/ann-morningstar-100-pos-20-2173818
Dutch - https://bitcointalksearch.org/topic/morningstar-payment-systems-2185049
Filipino - https://bitcointalksearch.org/topic/ann-airdrop-morningstar-payment-systems-100-pos-20-interest-1st-year-2159053
German - https://bitcointalksearch.org/topic/ann-airdrop-morningstar-zahlungssysteme-100-pos-20-zinsen-im-1-jahr-2159197
Indonesian - https://bitcointalksearch.org/topic/ann-mrngairdrop-morningstar-payment-sistems-100-pos-bunga-20-tahun-2164423
Romanian - https://bitcointalksearch.org/topic/ann-airdrop-sistemul-de-plati-morningstar-100-pos-20-in-primul-an-2150650
Russian - https://bitcointalksearch.org/topic/ann-airdrop-morningstar-100-pos-20-1-2168584
Spanish - https://bitcointalksearch.org/topic/ann-airdrop-morningstar-payment-systems-100-pos-20-el-primer-ano-2173059
Turkish - https://bitcointalksearch.org/topic/ann-airdrop-morningstar-odeme-sistemleri-100-pos-ilk-yl-20-faiz-2172979

OFFICIAL WEBSITE
EXPLORER
DISCORD
WALLET DOWNLOADS

NOTE: Please direct all messages regarding MorningStar to user changeproject or join Discord Channel and DM @Morningstar Payments. Thank you.

Topic: [ANN] [AIRDROP] MorningStar Payment Systems 💰| 100% PoS | 20% interest 1st year - page 44. (Read 33167 times)