Topic: [ANN] ColossusXT (COLX) Private| Sustainable| Grid Computing - Mandatory Update - page 71. (Read 149033 times)

I’ll just leave this for you here to read and people will quickly figure out which one of us is brain dead.

https://m.imgur.com/gallery/01Oru

https://imgur.com/gallery/Wqayb

Edit: in case this wasn’t clear enough, this is coming directly from the dev chat on Telegram. That’s how they conduct business.

You’re just talking non-sense. Almost like a broken record.

Frankly you people should stop spamming. This coin is dead or about to be. Anyone with half a brain already dumped their coins.

There is no head dev, everyone is part time working for free with no prior experience and no overall vision. There isn’t even a project manager! Keep holding the bag.

WHY DO YOU LOVE COLX SO MUCH?

I, and probably others, thought that the recent 'Why do you love COLX so much' Competition was to run until the end of January... But it appears to be closed now...

So I'll open up a new one here for -

20,000 COLX 1ST PRIZE

10,000 COLX 2ND PRIZE

 5,000 COLX 3RD PRIZE

If you entered the original competition and didn't win then this gives you three more chances of winning a prize... So submit your entries on this tread and, at the end of the month, we'll pick our top three favourites as the winners and announce them here also.

Remember to submit your COLX address along with your entry as, if you don't, your entry won't be picked as we'll need the addresses to send the prizes to the three winners!


Good Luck!  And may the best COLXonian Win!!


Stay Strong & Enjoy A Truly COLLOSUS 2018 With COLX!

WHY DO YOU LOVE COLX SO MUCH?

I, and probably others, thought that the recent 'Why do you love COLX so much' Competition was to run until the end of January... But it appears to be closed now...

So I'll open up a new one here for -

20,000 COLX 1ST PRIZE

10,000 COLX 2ND PRIZE

 5,000 COLX 3RD PRIZE

If you entered the original competition and didn't win then this gives you three more chances of winning a prize... So submit your entries on this tread and, at the end of the month, we'll pick our top three favourites as the winners and announce them here also.

Remember to submit your COLX address along with your entry as, if you don't, your entry won't be picked as we'll need the addresses to send the prizes to the three winners!


Good Luck!  And may the best COLXonian Win!!


Stay Strong & Enjoy A Truly COLLOSUS 2018 With COLX!

I actually didn't expect it to half. From the information given on the website I concluded, somewhat hasty one might say, that we already passed block 300,000 and the staking reward would no longer decrease. How is the staking reward calculated? The website says:

   PoS Rewards Breakdown

   Block Reward: Split dynamically via the Seesaw Reward Balance System between masternodes and staking nodes

   Blocks 10,81 – 151,200: 2500 COLX
   Blocks 151,201 – 302,399: 1250 COLX
   Blocks 302,400 – Infinite:  1000 COLX
   Proof of Stake Schedule:   5% to proposals for all phases
   95% distributed to stake wallet and master node


So the masternodes get 60% of 1250 COLX and the staking nodes get 40%?
1250 COLX * 0.4 * 0.95 - fee = 473.2199852

And the staking reward will half one more time at block 302,400?

I guess I found the answer.

WELCOME BACK PETE!



Colossus has gone through some turbulent days and has experienced its first real correction. The weak hands are naturally selling there COLX coins currently.

Right now we are only listed for trading on very small Exchanges, but once Cryptopia has listed us there will be a potential daily trading volume worth of 130 million USD!! There will be also an update on Coinmarketcap for COLX. The Supply will be 10 billion coins and the marketcap will be about 150-170 million USD which will rank COLX in the top 200 of all coins!

As we have a functional COIN with great technology and strong fundamentals behind it we shall witness a great rise. Just compare Colossus with Electroneum for example: ETN is listed in the Top 100 and their wallet isn’t even working. With Colossus you can send money instantly with incredibly low Fees and the Staking and Masternode system is also very trendy as it provides passive income whilst also requiring very little computational energy. The future ambitions for Colossus remains strong and healthy, only the vision and the execution of it requires sharpening.

One last important point I would like to make is that we are still in the very early development stages of the cryptocurrency revolution. During and prior to the internet boom, many people when trying to enter that world worked hard to contribute and produce ideas and innovations all for the sake of improvement rather than a quick payment and that patience rewarded them heavily. The Colossus community should adopt the same attitude if we are going to have a bright future, having no ICO means that we lack the huge budgets that other tokens are spoilt with and the little funding that is available is reserved for the fundamental costs of building and maintaining Colossus. This is not a negative thing in my opinion as the slim budget will have us focused on delivering the best product we can with the help of the community which will reflect what they want, in a completely decentralized way.

This takes time and required the hard work of individuals who believe in Colossus enough to apply their skills to colx without worrying about what their first payment is! (If you want to be rewarded for work, then ask yourself, have you contributed all that you can for free to make a long term difference?). The core team are individuals like yourself, who sacrifice time out of their day, without pay, to work on Colossus so don’t think there is any benefit (financial or otherwise) in them playing games. We are all here to achieve one goal and make a difference! Rest assured colossus will continue to improve and thrive!

Some facts about COLX:
https://www.youtube.com/watch?v=bRo7xsjPozY

If you want to help the devs/work with them, aply here:
https://docs.google.com/forms/d/e/1FAIpQLSdwYLg_FDh-H8XbQ_IdMnEvBNEUljyJaHt0Lx0hR5YSp7MueQ/viewform

Dont be worried or alarmed look at the charts of almost every top 100/200 coin, just hold on and enjoy the ride.

Together We Are Concealed.

Staking reward cutted by half after block #150000, as expected