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Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 142. (Read 901826 times)

sr. member
Activity: 398
Merit: 250
doesnt it seem odd the Brian Kelly and Devon Read are not throwing Bryce Weiner under the bus? Why not distance themselves? I would think if I wanted my company or project to prosper post the Bryce Weiner era they would at minimum want to distance themselves?

At this point we dont know what happened to BW (at least I dont). Throwing someone under the bus publicly would actually be unprofessional. Just say that the partnership/whatever has ended, no need to give the exact reason, even if you are tempted to do so. I have been there more than once irl.

Or did I miss something really important, that there is the need to distance from BW?

It is highly likely that no one will care anyway about BW in regards to NAUT in half a year or so. Anyone outside cryptoworld definately wont.

You are right though, that this is too imortant of a news that a post here to clarify things is needed. 
sr. member
Activity: 448
Merit: 250
its been disappointing to say the least, that we still don't have POS
.

at least you kicking ass in our league Smiley

lol yea I got pretty lucky this week.  I don't know who is running the team I am playing but he could have easily beat me.

He left 3 people out of his lineup.  I actually just made a post about it, when pople do that I need to bench their whole team Smiley

Just remember though record doesn't mean anything, all that matters is making it to the play offs Smiley

still got a ways to go, a lot of things could change.

Good luck

i hAd 3 bad weeks where my winning team was on bench, but yesterday i did well hopefully now i'm back to a winning streak Smiley good luck to you as well ..
sr. member
Activity: 406
Merit: 250
its been disappointing to say the least, that we still don't have POS
.

at least you kicking ass in our league Smiley

lol yea I got pretty lucky this week.  I don't know who is running the team I am playing but he could have easily beat me.

He left 3 people out of his lineup.  I actually just made a post about it, when pople do that I need to bench their whole team Smiley

Just remember though record doesn't mean anything, all that matters is making it to the play offs Smiley

still got a ways to go, a lot of things could change.

Good luck
sr. member
Activity: 448
Merit: 250
its been disappointing to say the least, that we still don't have POS
.

at least you kicking ass in our league Smiley
sr. member
Activity: 448
Merit: 250
doesnt it seem odd the Brian Kelly and Devon Read are not throwing Bryce Weiner under the bus? Why not distance themselves? I would think if I wanted my company or project to prosper post the Bryce Weiner era they would at minimum want to distance themselves?

hopw long ago is this bryce info happen? give people time to prepare a statement  Grin
member
Activity: 62
Merit: 10
doesnt it seem odd the Brian Kelly and Devon Read are not throwing Bryce Weiner under the bus? Why not distance themselves? I would think if I wanted my company or project to prosper post the Bryce Weiner era they would at minimum want to distance themselves?
sr. member
Activity: 406
Merit: 250
its been disappointing to say the least, that we still don't have POS
member
Activity: 62
Merit: 10
who cares about Bryce, he was working for company BK hired, how hard is it to hire someone else Smiley (third time is the charm lol)

The only thing about that is that Brian Kelly and Blocktech, and Bryce Wiener are all allowing this FUD dumping to continue with no statements or information.

 Not very responsive to an obviously bad situation. Going forward how confident are people going to be if BK makes no statement regarding this situation. Of course we can get another dev to take over the coin development. But in this situation I think it's more about responding to the situation. Or lack there of. Imagine one the lead software engineers at Apple suddenly going MIA. Right as Apple was about to announce a significant new development, the stock price plummeting 30% based on FUD. And no one saying anyhting in a timely manner. I understand this aint wall street. But sure makes me feel like the timeline for serious investors to enter Alt's, especially now Naut as further out then I had hoped.
member
Activity: 78
Merit: 10
What do you know, Bryce turned out to be full of shit.  If only people were warned months ago  Grin
sr. member
Activity: 448
Merit: 250
who cares about Bryce, he was working for company BK hired, how hard is it to hire someone else Smiley (third time is the charm lol)
member
Activity: 62
Merit: 10
not looking good for all coins Bryce has been working with, no news from bryce, blocktech, or Brian Kelly, Naut down 30% atm on bittrex Shocked
sr. member
Activity: 542
Merit: 250
So does anyone know what's up with Bryce disappearing from Blocktech's website? Who is working on NAUT now?

Interesting catch. Is there any official statement from Blocktech or Bryce?
sr. member
Activity: 350
Merit: 250
So does anyone know what's up with Bryce disappearing from Blocktech's website? Who is working on NAUT now?
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net


so first 50 blocks paid 161,800 , what is the block award now and total money supply Huh  

Be skeptical of coins that change large paramaters after launch .....  1% reduction a week,  i guess something happend ....


Don't worry cinnamon, Bryce Wiener is hard at work [for nearly 2 months now with no results] to give Nautilus a new and innovative "dynamic PoS" system.

It's hard for me to talk about Bryce [a guy who can't get a simple wallet to compile] and innovation without bursting out in laughter.  lol
legendary
Activity: 1148
Merit: 1018
It's about time -- All merrit accepted !!!
originally ....
* Scrypt
* 159.39 coins per block
* 1 minute block target
* 16,180,000 total coins
* 1% reduction every week
* DigiShield difficulty retargeting
* 1% premine

from the source https://github.com/nautiluscoin/nautiluscoin/blob/development/src/main.h

int64_t GetBlockValue(int nHeight, int64_t nFees)
{
int64_t nSubsidy = COIN;
if(nHeight < nDiffChangeTarget) {
//Reward is 3236 1st 50 blocks.
nSubsidy = 3236 * COIN;
} else if ( nHeight >= PROOF_OF_WORK_FORK_BLOCK){
nSubsidy = GetNAUTSubsidy_V2(nHeight);
} else if ( nHeight < PROOF_OF_WORK_FORK_BLOCK ){
nSubsidy = GetNAUTSubsidy(nHeight);
} else {
//Drop reward to zero once total amount has been minted
nSubsidy = 0;
}
return nSubsidy + nFees;
}

so first 50 blocks paid 161,800 , what is the block award now and total money supply Huh 

Be skeptical of coins that change large paramaters after launch .....  1% reduction a week,  i guess something happend ....
legendary
Activity: 1106
Merit: 1000
The future is bright with DigiByte.
I had to sell the rest of my NAUT for some other investment.... So good luck with this coin. If I can get back later, I will try.
Regards,
newbie
Activity: 14
Merit: 0
A bittrex chart for NAUT on bitcoinwisdom would be nice.
hero member
Activity: 540
Merit: 500
I wonder what connection he is making in the Special Drawing Rights section. That is certainly interesting for Nautilus.
legendary
Activity: 1736
Merit: 1001
dusty .. very dusty around here.

premine 'stab' fund weekly statements would be great BK
naut held
btc held

-------

Also what is the POS yield?
2% 5% 10% 50% HuhHuh

that's not a tough Q to address

It's isn't a flat percentage. It is based on the money supply and usage. Did you read the white paper?

http://static.squarespace.com/static/53593f0be4b0c3ad738404f5/t/541b30fae4b03814779c9256/1411068154967/Nautiluscoin%20White%20Paper.pdf
full member
Activity: 238
Merit: 100
Not sure if this has made it to the forum but saw this link and thought it was worth a post , its for BK's book chaper 7,8,9  NAUTI!!
http://www.wiley.com/WileyCDA/WileyTitle/productCd-1118963660.html
Cut down for cleaner post, click the post ID at the top of the quote to see original

Nice catch!
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