Topic: [ANN] IDAPAY Community Take-over! | MASTERNODE | X11 | - page 4. (Read 1903 times)

It will be great to make our D3s profitable again with IDA
lot of miners are waiting for a good x11 algo coin, so, this project could be it

For the masternode owner it is good; for the miner, not so good.  We have been discussing making adjustments that minimize the impact of any changes in percentage to the masternode owner, while also providing more incentive for the miners.  As we have seen multiple times in the past month... miners are essential to the stability of the network.

To your question, don't always look at the percent of the reward, but also the amount of the reward compared to the block time and the max supply of the coin.  For example, some coins out there look amazing at the surface, but when you think about it a little, it's really "too good to be true".  For example, a coin that gives 90% to the MN and 10% to the miner may have network issues if the miners all leave.  Combine that with a high payout, like 20% of the master node collateral for a block reward looks promising, but if you do the math it could turn out that is only sustainable for a couple months before the max coin cap is reached.

There is a balance that is necessary to keep both the miners and the masternode owners happy for a long life of the coin.  This often is not nearly as attractive as some of the coins that are out there; but that balance is necessary for a long stable life of the coin.

The project offering 80% reward for the masternode owner, does that a good reward value?
I've never had any experience with masternode before.

Thank you big_daddy.

I think it's important to add that the original developers made an announcement of abandonment with a 48 hour window for questions.  The coin was dead; and dropped to 1 satoshi very quickly.  So anyone saying the coin is worth less now... is just FUD. 

3 of us, with no prior affiliation, banded together to lead a community takeover.  None of us were planning on taking it over, but we had 48 hours to jump in and keep the coin from completely going dead.

Yes, it's been a few weeks now, and we still don't have full control of things yet.  There is plenty that we would love to do (exchanges, listings, giveaways, etc) but we pretty much have zero budget.  We are now a grassroots movement and 100% volunteers.  Everyone has a say in the direction, everyone has a stake in volunteering.

Yes, we don't have a formulated business plan, road map, team of developers, yada yada yada.  But we have the coin still alive; almost a month after it's death announcement.

So I won't accept anyone bitching about our progress.  If you don't like what you're seeing, I'll personally buy your coins for the 1 satoshi it bottomed out at when we stepped in.  If you don't like what you're seeing, step up and volunteer and join us.  If you just want to complain about the people that are bringing the coin back from the brink, and not have patience as we sort this out... there's a gazillion other coins out there, and we won't bat an eye at your departure, because we have much more important things to do for Idapay then to worry about anyone's armchair judgement.

Well, you have to be patient
There is no big development team, but they are going to do it right
Follow the news on discord & if you can, suggest some improvements that could help
This project now is a community run, so, there will be no hype & bull runs, but if the devs will complete all the tasks frim the roadmap we can have a goon and perspective project
Just keep calm and wait dor it

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Any plan to list on more exchange & parnership?

Idapay is a great project!

yes there will be , currently  you can join telegram and drop your ida address to get 5 ida https://t.me/idapay

We control the hen now, next is to make it lay eggs

It will be some giveaways and contests, but we need more activity overall.

The site will move to new webserver very soon, explorer and github get their respective subdomains, and there is room for more.

Be sure to join us at the Discord and help create a thriving community, and a worthy future of our coin.

https://discord.gg/GSfHnxz

Community takeovers are pretty cool!
Is there an airdrop?

The discord link works here, you may be banned? What's your discord name?

Even the explorer link works here?

BLOCK EXPLORER and Discord Link  - don't work, check

You could think about the rewards
Miners should have more than MNs
My opinion only
Think about it, lets try to make the D3 profitable again

theres no swap its the same chain. its not a fork, its simply a community takeover old dev gave premine funds 270k ida to the community before leaving along with access to other stuff

Is there a timeframe/deadline for the swap?

nice lets go ida community together to the stars and beyond  signature campaign and bounties to be announced soon

res