Topic: [ANN] FIX Network - Securing Digital Identities ⚡Master Node/ PoS⚡ - page 4. (Read 7895 times)

Edwin [new.capital]:
We would like to share a progress update on the blockchain infrastructure development. As you may know, we are working on an innovative dynamic “supply/demand” inflation model. This feature will allow the network to automatically make decisions on block rewards paid to network participants. The factors for this decision will be price, volume and transaction fees paid to the network. We expected this feature to be completed some time ago, however, we discover more and more unexpected issues on our development environment, but this encourage us even more to “crack it down”.  We do have good progress and we hope to complete this important feature as soon as possible, however, it is difficult to make an estimation in terms of timing.

If you are willing to follow the progress and read some code, you are welcome to review the code contributions here:
https://github.com/NewCapital/catapult-server/commits/main

Can we launch the network without this feature now and complete is later?
Yes, we can. However, the expect for lots of issues and resources required by us and the community with such a network upgrade. Therefore, it would make more sense to launch the network with the newly introduced block reward consensus mechanism.

Do we think this feature is necessary? 
Definitely! This unique functionality is easy to explain and justify. The more people are using TWINS, the more TWINS are generated, versus our current linear 25 years inflation that is disconnected from the actual market need and usage. In fact, we feel that this feature is one of the top reasons to upgrade the networks.

Will we provide enough time in advance for users to upgrade?
Yes! Once we are ready for public testing, we will upgrade the TWIX network first and monitor the performance of the new feature with the real-world inflation indicators for at least 90 days. Next, we will introduce a mandatory update for current TWINS network with 2 TWINS block reward with the goal to stop the inflation and motivate users to migrate to the new network ASAP. Next, the new TWINS and FIX networks will be launched and the coin swap service will be introduced on NCE, allowing users to deposit old coins and withdraw new ones. This service will be available for at least one year.



Can we introduce the mandatory update with zero inflation for TWINS/FIX already?
 Yes, we can. However, we are not in a position to make such a decision, and if you think it is a good idea, please vote. Should we stop the inflation already with 2 TWINS block reward? YES/NO
https://discord.com/channels/465818373305925633/523070899792904212/878235498722779177

Meet and greet new great business which joins TWINS family!
https://racinglife.news/

Every opinion is important to us! Write to us on the discord channel, together we will make the perfect product. https://discord.gg/Yv7kjGkN4z

Let me remind you that you can take part in promoting the project and receive a reward. More details in the discord.
https://new.capital/sourceforce?q%5Bslug_eq%5D=new-capital&view=project
https://my.new.capital/
https://discord.com/invite/US9Fvs4

Everything is progressing to the previously outlined plans (sometimes there are delays not due to the team's fault), in more detail you can get an answer in real time discord, to a specific question of your interest, join us, we are glad to everyone!  https://discord.gg/US9Fvs4

It looks intriguing. At what stage is the project now?

http://SymbolBlog.com - community run site bringing you the latest Symbol/NEM news from around the world
https://twitter.com/blog_symbol

Give feedback to the New Capital team so we can make more informed product decisions
https://feedback.new.capital/

The Symbol Handbook
Everything you need to know about the Symbol Syndicate.
https://docs.symbolplatform.com/handbook/en/

Experience gained through the LBCOIN project used to study the feasibility of a digital euro

More: https://www.lb.lt/en/news/the-experience-gained-through-lbcoin-project-used-to-study-the-feasibility-of-a-digital-euro
https://new.capital/exchange/trade/LBC01_BTC

Happy 1 year anniversary LBCOIN!

LBCOIN is the world's first digital collector coin based on blockchain technology. Turning a new page in the history of numismatics, LBCOIN is an important experiment in exploring the potential of CBDC.
https://lbcoin.lb.lt

Join the trade! Get a piece of history!
https://new.capital/exchange/trade/LBC01_BTC

How come XYM be abandoned then and bereft of anything that even remotely resembles liquidity volume and users? XYM was and is a failure. U might have misinterpreted it there are no royalties going out to accounts making transactions, instead of royalties accounts will be given a middle finger with a poopberry attached to the fingernail as a reference to how this new revolutionary way of distribution screwed most of original XEM holders.

partnership:
I highly recommend everyone to read this article as in my opinion it very well describes some aspects of unique Symbol technology we take as TWINS base, meaning TWINS will have same features and we develop on top of it.

"One of the first planned subChains to launch on Symbol will be NIS1 and its native token XEM. Alongside NIS1 two new concepts — royalties and taxes — will be introduced. Adapted from the levy feature, royalties enable a percentage of a given token sale to be directed to an account every time it is transferred; while taxes are an additional fee added on top of a transfer. Both transaction types will be denominated in XEM and can be swapped for XYM (or other subChain tokens) at a liquidity provider."

Also I liked very much the presenting of the culture and ideology of how project is managed and people are given responsibilities to lead, etc. Maybe we will have team expressing their point of view if we follow the same ideas and path on building the culture in future TWINS development, or are there some key differences on it? But I think I could recall quite a lot of the same in how we grow and develop and maybe this article will serve us as some set of rules for TWINS as well?

https://docs.symbolplatform.com/handbook/index.html

Version 1.0.5 Symbol is now available.
This update includes stability improvements and minor bug fixes.
Download the new XYM wallet here: https://github.com/symbol/symbol-desktop-wallet/releases/tag/v1.0.5

Symbol XYM now has a powerful presence on discord

 

• Multiple community channels
• International Waters (13 languages supported)
• Jukebox
• #NEM Bar
• And most importantly - Internal communications are publicly viewable!

Please join us here: https://discord.gg/xymcity
https://twitter.com/LeonRedinger/status/1415491798030553090

Join the Wallet.app beta!
One more step accomplished:
1. Logins to wallet.app OAuth service, discord only so far (not new capital)
2. New homepage allows user to select your desired coins (long tap on a coin)
You can download by direct link from discord, channel =wallet-app     https://discord.com/channels/465818373305925633/540119684658364426/864769668367253524

We've got some new stuff, thanks marker!
https://shop.new.capital/collections/clothing/products/twins-coin-sports-bra-buy-the-dip
Edwin [new.capital]:
Anyone is more than welcome to post ideas for merchandise in this channel. Our designers djjedclash and marker may take these ideas into their next batch of designs. In fact, anyone who is capable to produce high quality PDF file for print and can use photoshop to simulate the shirt, is more than welcome to submit your designs here. We will be very happy to consider eligible designs for production (and a bounty from dev fund) for your contribution.
More details in the discord in the channel =shop
https://discord.gg/AkrNZtf

Questions often arise
What will happen to funds that would not be claimed by anyone on migration set term?

Edwin [new.capital]:
The new FIX could be claimed at any time. We will support the automated swap on NCE during one year, but the network could stay operating much longer if community will keep the wallets and nodes live. So technically, the coins could be claimed even after the official support, and I think it would be fair to allow it, but perhaps manually. We may, however, think of a way to burn all swapped coins on the old network, so everyone could watch the remaining supply. If sometime in a future we will come into conclusion that some coins are unclaimed for sure, we can then decide together what is the right thing to do. Burn, spend or airdrop - all the options are valid and it’s for the community to decide what option will offer the best value to the project.

To keep abreast of the latest events, join the discord channel   https://discord.gg/US9Fvs4

New addition to the win.win website, thanks djjedclash!
https://win.win/    Now you can go to all information sites from one place.

NEM NIS1's API-interface is developer-friendly for those new to blockchain, & also provides power for experienced developers to create cutting edge apps. Visit the incredible team at    https://www.asiainnovationsummit.com/