Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 215. (Read 901856 times)

Quote from: BTCrawl on July 26, 2014, 01:25:49 PM

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No. I think BK's original wish was to link the PoS reward rate to some external financial instrument like t-bill's or something.

That said, I can't see how that is possible without some centralized server each wallet would have to get the rate from.

He also said he'd like to link it to supply and demand back in the thread. If it was a widely available rate would it still have to go through a centralized server?

I guess to avoid someone messing with it or something? Think we're going to need Bryces and Brians input on this as we're all just speculating at this point

Could he have something innovative planned with POS? https://twitter.com/BrianKellyBK/status/493127724081238017

Nice catch

And I'm sure he does. He did say that Blocktech thought it possible to implement his original idea of a dynamic PoS. As I've posted previously that will give Nautiluscoin both a technical and economical advantage, so I'm super stoked to see what they're planning! We'll probably not see too much yet though to avoid copycats Sad

Doging

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Activity: 1036

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Quote from: Doging on July 26, 2014, 01:18:16 PM

Quote from: PilotofBTC on July 26, 2014, 12:29:35 PM

Quote from: Doging on July 26, 2014, 01:18:16 PM

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No. I think BK's original wish was to link the PoS reward rate to some external financial instrument like t-bill's or something.

That said, I can't see how that is possible without some centralized server each wallet would have to get the rate from.

He also said he'd like to link it to supply and demand back in the thread. If it was a widely available rate would it still have to go through a centralized server?

I guess to avoid someone messing with it or something? Think we're going to need Bryces and Brians input on this as we're all just speculating at this point

Could he have something innovative planned with POS? https://twitter.com/BrianKellyBK/status/493127724081238017

BTCrawl

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Merit: 100

Damn, a ton of blocks are being solved right now. We'll soon be at 5 million coins :/

BTCrawl

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Activity: 154

Merit: 100

Quote from: PilotofBTC on July 26, 2014, 12:29:35 PM

Quote from: BTCrawl on July 26, 2014, 12:52:47 PM

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No. I think BK's original wish was to link the PoS reward rate to some external financial instrument like t-bill's or something.

That said, I can't see how that is possible without some centralized server each wallet would have to get the rate from.

He also said he'd like to link it to supply and demand back in the thread. If it was a widely available rate would it still have to go through a centralized server?

I guess to avoid someone messing with it or something? Think we're going to need Bryces and Brians input on this as we're all just speculating at this point

Doging

hero member

Activity: 1036

Merit: 500

Quote from: CryptoLTD on July 26, 2014, 12:43:38 PM

Quote from: Soul_eater_123 on July 25, 2014, 12:10:59 PM

Quote from: PilotofBTC on July 26, 2014, 12:29:35 PM

PoS Update

I have asked Blocktech to take over the PoS implementation. They have a strong team who can execute my original vision of a dynamic PoS. As well, they are visible and accessible.

It is my view, that this change will dramatically improve NAUT.

-BK

Well BK you have now killed NAUT for me and many others. I can't buy into anything involving the Weiner any more.

+10000

Don't like it leave. It's done and it's a big positive, as time will tell.

Theres nothing positive when Bryce Weiner and his scams infiltrate.

I forgot if it was you or someone else who claimed that Bryce was lying about the 25k Naut he'll buy Dirac for in August. Anyhow, here it is: https://twitter.com/jyap/status/492835405893361664

Who would prefer the previous dev situation to the current even if they really don't like Bryce?

Doging

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Activity: 1036

Merit: 500

Quote from: CryptoLTD on July 26, 2014, 12:43:38 PM

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No. I think BK's original wish was to link the PoS reward rate to some external financial instrument like t-bill's or something.

That said, I can't see how that is possible without some centralized server each wallet would have to get the rate from.

He also said he'd like to link it to supply and demand back in the thread. If it was a widely available rate would it still have to go through a centralized server?

BTCrawl

full member

Activity: 154

Merit: 100

Quote from: Soul_eater_123 on July 25, 2014, 12:10:59 PM

PoS Update

I have asked Blocktech to take over the PoS implementation. They have a strong team who can execute my original vision of a dynamic PoS. As well, they are visible and accessible.

It is my view, that this change will dramatically improve NAUT.

-BK

Well BK you have now killed NAUT for me and many others. I can't buy into anything involving the Weiner any more.

+10000

Don't like it leave. It's done and it's a big positive, as time will tell.

Theres nothing positive when Bryce Weiner and his scams infiltrate.

I forgot if it was you or someone else who claimed that Bryce was lying about the 25k Naut he'll buy Dirac for in August. Anyhow, here it is: https://twitter.com/jyap/status/492835405893361664

CryptoLTD

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Activity: 196

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Quote from: Soul_eater_123 on July 25, 2014, 12:10:59 PM

Quote from: PilotofBTC on July 26, 2014, 12:29:35 PM

PoS Update

I have asked Blocktech to take over the PoS implementation. They have a strong team who can execute my original vision of a dynamic PoS. As well, they are visible and accessible.

It is my view, that this change will dramatically improve NAUT.

-BK

Well BK you have now killed NAUT for me and many others. I can't buy into anything involving the Weiner any more.

+10000

Don't like it leave. It's done and it's a big positive, as time will tell.

Theres nothing positive when Bryce Weiner and his scams infiltrate.

BTCrawl

full member

Activity: 154

Merit: 100

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No. I think BK's original wish was to link the PoS reward rate to some external financial instrument like t-bill's or something.

That said, I can't see how that is possible without some centralized server each wallet would have to get the rate from.

Yeah I'm also very curious on how they're going to structure it

PilotofBTC

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Activity: 1736

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Quote from: Vlad2Vlad on July 25, 2014, 05:22:41 PM

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No. I think BK's original wish was to link the PoS reward rate to some external financial instrument like t-bill's or something.

That said, I can't see how that is possible without some centralized server each wallet would have to get the rate from.

resya

sr. member

Activity: 294

Merit: 250

Quote from: Soul_eater_123 on July 25, 2014, 04:48:39 PM

Also to all the people complaining about price - SHUT UP! I'm waiting until I can get more NAUT and you'll spoil the ability to buy more coins cheaply:)

Yeah, can people stop the whining and can Bryan Kelly maybe hold off on any stabilizing buys for just 1 week. Let the price find its natural bottom for just a short while.

My first buy was at 30,000 Satoshi and I didn't have any BTC to buy when it dropped so it would be nice to see the price hit 8,000 one more time.

Those who believe in this coin will buy more at that price - I know I would.

Cheers!

We're hitting the ground at 10k - 11k already and it wouldn't go any lower. It's prefect time to jump in and save yourself, or you will miss the NAUT train in near future, next week will be a different week

HKBvM

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Activity: 398

Merit: 250

Quote from: Soul_eater_123 on July 25, 2014, 04:48:39 PM

Quote from: BTCrawl on July 25, 2014, 04:42:44 PM

Quote from: cinnamon_carter on July 25, 2014, 10:29:30 PM

Community has also grown with the POS difficulties, that's worth mentioning because this thread was fairly quiet before. Does dynamic POS mean people with bigger wallets get more interest?

No, it means that the dividend differs based on external events. Vericoin has something similar, where the more people that stake the higher the payout will be. I'm not sure exactly how they're going to structure it, so I'm really looking forward to more details

Yes I think that would be a good idea. The Vericoin system rewards increase for everyone (the percentage goes up) when more people stake. Would be good to reward holders this way with NAUT. Also to all the people complaining about price - SHUT UP! I'm waiting until I can get more NAUT and you'll spoil the ability to buy more coins cheaply:)

I am not quite sure why the money supply should increase faster when more people are "saving". Seems weird from an economic perspective to me. Besides it didnt really work out, as roughly 30% of the total supply was parked at mintpal alone when the attack happened.

Doging

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Merit: 500

We hit 20 GH/s last night.

Vlad2Vlad

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www.ixcoin.net

PoS Update

I have asked Blocktech to take over the PoS implementation. They have a strong team who can execute my original vision of a dynamic PoS. As well, they are visible and accessible.

It is my view, that this change will dramatically improve NAUT.

-BK

----------------
make sure they know how to compile

HELLO WORLD first......

Hahahaaaa.

Sorry, that funny made me laugh. More truth to that than Bryan could possibly ever know.

cinnamon_carter

legendary

Activity: 1148

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It's about time -- All merrit accepted !!!

make sure they know how to compile

HELLO WORLD first......

i would dump it now /lol