Pages:
Author

Topic: [ANN] MemoryCoin - page 11. (Read 100341 times)

hero member
Activity: 695
Merit: 500
September 13, 2013, 01:59:25 PM
I think I was alrady voting for the MCF, but anyways I send 0.00000001 MEG to the MCF....hope that helps.
Hope you won´t lose your grand....but this only shows how important it is that we change the voting system.
legendary
Activity: 1470
Merit: 1030
September 13, 2013, 01:33:37 PM
I truly do hope that you're right about this, but I have a sneaking suspicion that there's plenty of people out there either too blindly greedy, or too stupid to not try this.

Looks like you're right - there is an attempt underway to privatize the grant again - I don't know if BTCoin is behind it, or if his story is true that he sold up, but whoever has those coins is battling to win the grant. Here's the last vote -

Candidate Eliminated: MVTEoEof5RLVTWaTzheC1oUci1f7gp9UzL 30190
Candidate Elected: MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN (42149)

Since then, more coins have moved to support this address, and it will soon win the vote.

As I mentioned before, if the owners of the coin collectively are not prepared to support development, I'm not prepared to continue to volunteer my efforts for free. If the grant falls into private hands, the coin is failed in my view and I'm out.

So, last ditch appeal . . .

1) If you're not voting, send 0.00000001 to  MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN
2) If you are voting, make sure MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN is your number 1 preference
3) If you have funds in an exchange, put them in a wallet and vote


Good luck.
full member
Activity: 196
Merit: 100
Google/YouTube
September 13, 2013, 11:54:49 AM
Well, I don't yet have "quality" videos, but I do have a good audience (over 250,000 views on YT), and as I begin to earn money online I can get better and better, and I am willing to accept lower payment for early work.

If you want to see my videos, search "FinShaggy" on YouTube. If you search for me on Google, there's like 50+ pages. So if I get paid, I can make sure your coin gets some exposure. And I can eventually help with art, and make slideshows and everything.

Hmmm - looking to target a rather narrow audience . . . those who understand CryptoCurrency (Bitcoin) already, but are looking for the next improvement in the field. The aim then is to explain the advantage of MC to an educated audience, rather than to explain the basics to a wide audience. What sort of followers do you have on YT?


I don't have any specific kind of audience. I post Bitcoin videos, Devcoin videos, Videos about the future, Videos about history, Videos about the bible, Videos about cooking, Videos about Growing weed, Videos about making hash, Videos about smoking cigars (tobacco). And more.
legendary
Activity: 1470
Merit: 1030
September 13, 2013, 11:40:03 AM
Well, I don't yet have "quality" videos, but I do have a good audience (over 250,000 views on YT), and as I begin to earn money online I can get better and better, and I am willing to accept lower payment for early work.

If you want to see my videos, search "FinShaggy" on YouTube. If you search for me on Google, there's like 50+ pages. So if I get paid, I can make sure your coin gets some exposure. And I can eventually help with art, and make slideshows and everything.

Hmmm - looking to target a rather narrow audience . . . those who understand CryptoCurrency (Bitcoin) already, but are looking for the next improvement in the field. The aim then is to explain the advantage of MC to an educated audience, rather than to explain the basics to a wide audience. What sort of followers do you have on YT?
legendary
Activity: 1470
Merit: 1030
September 13, 2013, 11:35:59 AM
No matter what happens...
Just repeat the same bullshit over and over and over.
full member
Activity: 196
Merit: 100
Google/YouTube
September 13, 2013, 11:01:38 AM
I am also willing to share links and make YouTube videos or anything else.

I'll do anything bloggy.

A video covering the three main MemoryCoin improvments could be very useful -
1. Rapid minting schedule
2. Foundation supported by grants in Block chain
3. CPU miners - for wide distribution.
http://memorycoin.org/manifesto/

You got any examples of videos you've made before? Happy to pay for it, but I want to make sure you're capable of quality work.




Well, I don't yet have "quality" videos, but I do have a good audience (over 250,000 views on YT), and as I begin to earn money online I can get better and better, and I am willing to accept lower payment for early work.

If you want to see my videos, search "FinShaggy" on YouTube. If you search for me on Google, there's like 50+ pages. So if I get paid, I can make sure your coin gets some exposure. And I can eventually help with art, and make slideshows and everything.
legendary
Activity: 1470
Merit: 1030
September 13, 2013, 10:53:08 AM
I am also willing to share links and make YouTube videos or anything else.

I'll do anything bloggy.

A video covering the three main MemoryCoin improvments could be very useful -
1. Rapid minting schedule
2. Foundation supported by grants in Block chain
3. CPU miners - for wide distribution.
http://memorycoin.org/manifesto/

You got any examples of videos you've made before? Happy to pay for it, but I want to make sure you're capable of quality work.


full member
Activity: 196
Merit: 100
Google/YouTube
September 13, 2013, 10:49:19 AM
Are there ways to earn this coin without mining, maybe by writing?

Absolutely - The MemoryCoin Foundation is looking to incentivize and reward any and all projects that help the coin. What is it you'd like to write?

http://memorycoin.org/foundation/

I write about history, and alkaloids and all kinds of stuff.
I am also willing to share links and make YouTube videos or anything else.

I'll do anything bloggy.
legendary
Activity: 1470
Merit: 1030
September 13, 2013, 10:45:30 AM
Are there ways to earn this coin without mining, maybe by writing?

Absolutely - The MemoryCoin Foundation is looking to incentivize and reward any and all projects that help the coin. What is it you'd like to write?

http://memorycoin.org/foundation/
full member
Activity: 196
Merit: 100
Google/YouTube
September 13, 2013, 10:14:37 AM
Are there ways to earn this coin without mining, maybe by writing?
legendary
Activity: 1470
Merit: 1030
September 13, 2013, 07:38:25 AM
Full 'private' message.
---------------------


BTCoin,

I see you're still trying to win the grant.

Maybe I haven't made this clear enough, but this is a foolish course of action. If you succeed in winning the grant, I'll regard the coin as a failure and abandon it - it will die, and your coins will be worthless, however many of them of you have.

You already have 3% of all the coins that will ever be issued. You'll do very well if MCF continues to win the grant and increases the value of the coin. I urge you to vote to support MCF - who else is going to fix the stability issues with the software?

Regards,

FT



sr. member
Activity: 332
Merit: 250
September 13, 2013, 07:17:05 AM
Another user (QuantPlus) has pointed this out already a few times (in not so kind words), but the only thing FreeTrade appears to be interested in is collecting his 20% mining tax.
I'm sorry you understood my advice to be a threat. It's just a statement of fact - if the MCF isn't funded, there is no way to pay for bounties for things like development, logos, pools, block explorers. That'll mean the coin dies.

I hope the people on the forum can read for themselves.
When you write: 'If you succeed in winning the grant, I'll regard the coin as a failure and abandon it - it will die, and your coins will be worthless'
I think this means something else as what you are trying to make us believe above.

I can understand you might be angry and disappointed that you lost your grant but you know very well that I'm advocating that the MCF should win the grant.

No, I'm not angry at all. I really enjoyed mining Memorycoin because of the challenge/game to grab a grant. There were 5 so there was plenty for everybody and it was good fun working for it and kept the coin interesting for me.
Now that challenge is gone, there is no fun in the coin anymore for me and that's why I sold my coins.

As mentioned before, I will keep an eye on the coin in the furure and I'm interested to see what good the grants will be put to.
legendary
Activity: 1470
Merit: 1030
September 13, 2013, 06:48:40 AM
Another user (QuantPlus) has pointed this out already a few times (in not so kind words), but the only thing FreeTrade appears to be interested in is collecting his 20% mining tax.

I can understand you might be angry and disappointed that you lost your grant but you know very well that I'm advocating that the MCF should win the grant.

MCF has been very transparent about its funds and awards - and the details are here.
http://memorycoin.org/foundation/

I'm sorry you understood my advice to be a threat. It's just a statement of fact - if the MCF isn't funded, there is no way to pay for bounties for things like development, logos, pools, block explorers. That'll mean the coin dies. It is a stupid course of action to try to privatise the grant, and I advise you and anyone else against it.
sr. member
Activity: 332
Merit: 250
September 13, 2013, 06:28:30 AM
Here are a few interesting facts for everyone who is still mining Memorycoin.
I was holding 2 out of the 5 grants up until the fork but calculated that my coins would not be enough to get the big grant so I sold them off to someone who was interested in making a go for the big grant. Obviously he didn't make it.
I was involved in Memorycoin because there was the option of getting a grant if you mine and buy enough coins. FreeTrade his new grant system has killed this option and that's why the coin is not fun anymore and I sold.

Freetrade did not know I sold the coins and thought I was still going for 'his' grant so here is the threat he made to me on my PM just now:
'I see you're still trying to win the grant.'
Maybe I haven't made this clear enough, but this is a foolish course of action. If you succeed in winning the grant, I'll regard the coin as a failure and abandon it - it will die, and your coins will be worthless, however many of them of you have.'

Another user (QuantPlus) has pointed this out already a few times (in not so kind words), but the only thing FreeTrade appears to be interested in is collecting his 20% mining tax.
Why go through all the trouble and hide it under grants and marketing talk? Why not just hardcode into the client that 20% of all the blocks automatically go to FreeTrade?
What will happen if the RevolutionPool will go for the grant and take it away from FreeTrade? In his posts before FreeTrade wrote that he would accept if this would happen but judging from what he wrote to me, I'm not so sure.

Anyway, I'm back to XPM mining and will be keeping an eye on Memorycoin to see if FreeTrade will finally solve the stability issues now he gets his 'development tax' Wink
hero member
Activity: 518
Merit: 500
Bitrated user: ahmedbodi.
September 13, 2013, 05:53:32 AM
right so it is scrypt jane. I guess i could try out one of my ideas
legendary
Activity: 1470
Merit: 1030
September 13, 2013, 05:49:15 AM
im working on a mining client and pool. memory coin is scrypt right? im guessing it doesnt use 1024,1,1, as the values?

More info on the pool and bounty here -
https://bitcointalksearch.org/topic/memorycoin-pool-100-usd-expires-soon-278782

It uses Scrypt-Jane, with three levels . . . hashing algorithm is on the first page of this thread.

hero member
Activity: 518
Merit: 500
Bitrated user: ahmedbodi.
September 13, 2013, 05:43:31 AM
im working on a mining client and pool. memory coin is scrypt right? im guessing it doesnt use 1024,1,1, as the values?
legendary
Activity: 1470
Merit: 1030
September 13, 2013, 03:46:29 AM
The fork seems to have gone according to plan, taking place at the first grant award (8720) after the fork height (8710).

The large grant was won by the MemoryCoin Foundation - thanks to everybody who voted for the MCF.

The maintainer of the Block Explorer went AWOL about 2 weeks ago - and so the Block Explorer wasn't updated in time for the fork and displays an incorrect chain from block 8720. I'm expecting we'll have a new Block Explorer shortly. Ditto with Linux builds.

Bter updated for the fork and is on the new chain.

Next I'll be updating the documentation to reflect the simplified grant system and updating to the new Bitcoin base code to help with stability issues.
newbie
Activity: 12
Merit: 0
September 11, 2013, 04:42:24 PM

However, if a private individual or consortium were able to take control of the grant, I think this would be viewed as a very negative development by the market and cause the price to fall significantly. Thus it would be a self-defeating strategy to try to privatize the grants and I don't expect it to happen.


I truly do hope that you're right about this, but I have a sneaking suspicion that there's plenty of people out there either too blindly greedy, or too stupid to not try this.
legendary
Activity: 1470
Merit: 1030
September 11, 2013, 01:11:35 PM
While both you and QuantPlus make valid statements on the grant system, your last remark really hits the nail on the head.
No matter how the grant system is implemented, as long as there are stability issues the coin will not be mined by a broad audience.
Fixing the stability issues should be the #1 priority on FreeTrades list and instead he is focussing on 'fixing' the grant system.
What will happen when the big grant after block 8710 will not go to FreeTrade? Will he go on strike again or do another fork to 'fix' the grant system again?

The grants are designed to support development and promotion of the coin. I imagine that if the grants aren't used to fund development and promotion, there won't be any development and promotion.

As far as I can see now, the MCF is in a strong position to win the grant and continue to fund development and promotion.

However, if a private individual or consortium were able to take control of the grant, I think this would be viewed as a very negative development by the market and cause the price to fall significantly. Thus it would be a self-defeating strategy to try to privatize the grants and I don't expect it to happen.
Pages:
Jump to: