Topic: [ANN] [BLTZ] [IPO Hybrid] BlitzCoin | proof of concept coin | pure speculative - page 16. (Read 200997 times)

Maybe having to keep the wallets open 10 days to stake? every 10 days 1%? Just throwing figures out there.

To get on an exchange like Mintpal we need BTC. I just sent Hect0r 12k Blitz to do as he thinks is necessary to get things rolling. I am willing to help out in the future with more bounties as needed. Lets make this one of the top communities in crypto!

.1% Interest for POS. Why? People think Blackcoin can go up so fast with its low interest for POS. If it is an even more ridiculously low amount people will still have an incentive to stake, but they will more importantly see .1% and think it could do even better than Blackcoin.

Minimum stake age: 1 hour. Why? The super low interest will be offset by the super low stake age minimum. People will see that and think it is much more convenient to hold the coin for short periods, encouraging them to stake in between trading or buying and selling.

Boom, 10K satoshi.

Hello,

A update from myself for a few of the posts I missed before :


well if you look here : https://bitcointalksearch.org/topic/m.6050454

Ive already had a reward to get this going, I dont need any more, however if you would like to donate this towards the original few in the ipo who got "screwed" then please do (well look at getting this setup sometime, talk to slavo or ipominer etc)



look, all is well and good saying this, but in my own mind I do not think he will do anything other than dump his stash, I have put messages this thread and I have pm'ed him and he has not responded to me or others who have requested his attention. the only time ive seen him online is @ 6am the last 2 days and he still will not reply, that tells me exactly what I stated above.

but its coming up to 6am now, so we will wait and see if he responds or even comes online.

The best thing I can say right now on the exchange side is we're (ipominer / slavo) in discussion with exchanges now to make sure this is done correctly, but if other exchange owners / pool owners are here then please again join the irc and you will get the latest developments as they are typed, remember we're (not just me, or the others, but you who is reading this...) changing this, we have a chance to secure this coin and make something of it.


Im not revealing to much about the further developments yet as it is not my choice to say, however proof of stake is simple, you firstly mine your coins, you hold them for a small amount of time before they start maturing and gaining compound interest (https://en.wikipedia.org/wiki/Compound_interest#Compound_Interest).


Well ok, does anyone want to start us off will a ball park figure of what would be a fair amount ? all are welcome to submit numbers, however the larger the more inflation, so think wisely on a percentage, but do not also forgot with pos you also have a minimum stake age and then a maximum stake age which is for how long it gains interest, with blackcoin (by rat4) the reward is 1%, the age minimum is 8 hours and the maximum is unlimited.

Hect0r.

just contacted poloniex exchange about adding blitz, they said it's on their list. Also volume is climbing.

PoS and multipool that will mine something hot from coinwarz top, and then convert to bitcoins and next to blitz is the most important, that can bring the coin to the top.

No. Pos does mean new coins minted.

POS means that there are no new coins found. It would probably be like NXT with only forging for transaction fees.

Very low interest rate please. 

Implementing PoS will be a great start, and is the only real major item that is urgently needed. All other future development can be done over a longer timeframe.

Extra thanks again to Hect0r (TetraHect0rCannabinol) for picking up development of BLTZ!

With you sir, this coin is going to the moon. I don't need anything else thank you.

Right im back,

Let me answer a few post here :


Ive updated the original post I made earlier to include the new transactions : https://bitcointalksearch.org/topic/m.6050454 (I would include it in my sig but I have a sizeof limit of 50)


Thank you, Ill try my best to be, I do have other commitments but right now this coin is number 1.

What would you guys like, we can go proof of stake yes, but is that all ? any other feature requests ?
Ill be here for the next few hours, so either post here any requests and we can all vote on them or come in irc and lets discuss this, I dont just want to change this coin with others disagreeing.

people don't get pos. Let's say it's even 10%. So in a year you get an extra 1100, which you probably won't since you won't be able to hold that long or you will move coins around. Even at 5000 sat you would have made about 20 bucks at today's price. It's a small incentive to keep the coin moving and may be lucrative to heavy hands so be careful with a large percentage of stake.

I can`t with 11k to be rich but to cover my expenses and have a very small profit

it just needs to be enough to keep the chain going. It's not there to make everyone rich. If you want to mine than mine pow.

Pos its a good idea but not for me because i have the poorest wallet with only 11000k

+1

The dev may be the most trustworthy person in the world, but reliable? No. The production of the coin is only part of the battle. He needs to be here to run things NOW. The community is the most important thing right now and what we do with the coin going foward. Doge coin is shit, but look what they have done together.
Also, everyone needs to quit with the mint pal crap. The exchange does not make the coin but vice versa. When I first started it was Mt gox then btce then cryptsy then blah blah. It's just the flavor of the month. Mint pal is great but there is shit coins on there too. We need infrastructure before we let it be a pump and dump.

If Hect0r can make this coin PoS and hook it up I am willing to send a nice sized bounty to him also

Coins That supported BY Community .. i like this idea but dear all the relation between real\CRPT Community is built over integrity,honesty ,and trust . I real believe in the DEV perhaps he has some special-circumstances that prevent him to be present .""" we have to wait :

IN CASE that he forget a bout the BLTZ the coin he create :

We need to build a trust and honesty through BLTZ Community First.. BY :

1- Collect a bounty that match the IPO to pay the first peoples who trust BLTZ and contribute to  It.

2-identifes new team leaders that can handle it . i think SALVO is the front line battle.

3-Keep -Voting in Diff EXG because Bittrx is ruining the coin
(..Specially MintPAL and there is two Community-GA to Support that ...Here  http://altcoingiveaways.com/index.php/topic,1366.0.html and http://bitcoingarden.tk/forum/index.php?topic=119.0 === If you want to participate PM)

We can wait and see Because trust and honesty is very important factor ,,,,,,,,,,,

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