Topic: [ANN] CommunityCoin (COMM) | Pure PoS | Original COMM MultiPools Coming Soon - page 104. (Read 523781 times)

Community popularity is fire, but the price is very low.

Long term investrment for what? I haven't seen a dev team that oppupies itself with projects to bring the coin forward.

yeah, just be patient. COMM is a long term invest.

Maybe I am too impatient. But I bought COMM at price above 200. I lost some btc for this. I am waiting for the price up.

Ok thanks I'll be patient.

Microcoin has been around for more longer than COMM.People are just waiting for the rise on COMM>Than you will see the trade volume. 

There is harly any trade. Volume is around 4 BTC in the last 24 hours. If you look for example at Microcoin which sells for 1 or 2 SAT it has a volume for more tham 36 BTC. Why is this, maybe someone can explain this?

Receiving deposits doesn't do anything to the previous transactions. The problem is when you send coins because that transaction is "consumed" and its time reset (remember that in crypto one transaction has to be entirely consumed and if there is any change it is sent to you as a brand new transaction).

Also, when you "mint" new coins, what exactly happens is the following: only one of your transactions is chosen as input, the minted amount is calculated based on that transaction and two new transactions are generated as output, each one with half of the new value. That's why at the beginning you mint higher values less often and after some time you mint lower values but more often.

Lets see an example:

1. you receive 1000000 as one transaction
2. after 24 hours your wallet will start try submit minted coins over this transaction;
3. at some point your minted coins will be accepted, lets say you earned 2000 new coins;
4. the old transaction of 1000000 is used to create two new outputs of 501000 each, this makes the time start over;
5. after 24 hours of the step 4, your wallet will choose one of the two transactions to mint;
6. at some point it will succeed and your coins will be accepted by other nodes, lets say this minted 1000 coins;
7. one of the old transactions of 502000 is used to create two new outputs of 251500.

After step 7 you have in your wallet:
1 transaction of 502000 (which your wallet will keep trying to mint new coins over as it is older than 24 hours);
2 transactions of 251500 which have their age zeroed

If you receive new coins it does nothing with those transactions so the first one will keep trying to submit minted coins.
If you spend coins, it is possible that the transaction is used as input, generating a new transaction as change with age = zero; that's why spending coins might interfere in the process of stake

I hope this can bring some light on the issue and help with the recurring doubts people have about it.



Adriano

@secondleo: The dev has already a bounty pot, but there are no projects. There are many people with tech skills but it looks like they don't want to work for comm.

Dude, you know the communitythingy? Like, people working together n' shit?
Coming here and bashing people who actually do something while demanding that more has to be done, is kinda ridiculous. Internet at it's best.

Go pledge a bounty for something you think is interesting or look around and find a project of your own.

@foroplus: Sorry I'm not interested in stupid dice games. I was really exited when I read that you made a site, but it really is not what we need 

I want the dev to show leadership and progression or collect a team that is able to do so, otherwise ZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzzzz

Hi everyone. I've been following communitycoin during the last three-four weeks and I think the project is awesome, as it's community is really vibrant. The voting on Mintpal was incredible.

So, I want to work with this community. I've coded a site which is on

http://comm.hopto.org/comm/

The original coding was done for Pesetacoin for me recently and I have changed it to fit comm requirements.
The site is under construction, but fully operational to play dice game.

If you think it is interesting, please donate a small amount to the address listed on my footer signature to start rolling it, and of course, have a good time playing dice.

You can use the site, on account page,  as an online wallet, as well

Further development are to be done if comm users are interested.

Thanks in advance for donations/pledges.

The block reward is nil. There is no PoW.

If you meant the stake rate, it is not high enough IMO.

No. This is point of discussion at the forum. There are a lot of points to consider.

Has the dev updated the wallet to allow minting a locked wallet?

It´s not FUD the price was 36 on Cryptsy  today after another drop of 3 million coins. Price now around 67 satoshi

I don't think he is.
I can speak of ideas being bounced around in here and discussed at the forum. But I know of nothing concerning the dev.
I am no spokesperson though.

Do you know about them so that we can promote it via social media?

I have been here from the beginning.I am not dev's communicator and yes there are development going on.You don't know about it doesn't mean its not happening.

I've been here for a very long time and didn't sell in the beginning when it was high.
Can you tell me what projects the dev is working on if you think you know more than me? Are you also a dev's communicator?