Topic: [ANN] [TTY] Trinity | SHA + Scrypt + Groestl [Exchanges Now Available!] - page 13. (Read 71826 times)

Wow, that surge in difficulty is lovely!  We went from 500 to 40k!!   Nice work everyone!

Works great, thank you kindly.

Having difficulty connecting to the SHA pool with my S3's.  Probably because the initial difficulty is too low.  Any way to have this fixed?

Sounds good to me!  I'm happy to help in any way I can.

Long live the Collective! Non nobis solum sed omnibus.

Hey everyone! Glad to see some more interest in the coin. We are starting to evolve into something that could actually have some legs. I would like to make some changes tonight if needed. It seems the issue with faster blocks traces directly back to an error in the difficulty code. I meant to just make it more reasonable for smaller machines, but it appears that I went too far. We really need more hashpower to confirm that, but im fairly sure that the block times would not greatly increase with hashpower alone. I have also noticed a catch that may cut the blocks off at 900k and thats why we are planning on making the change there to 1 TTY. I plan on there being no block cap or perhaps set it at 5,000,000 total blocks. I don't think this will effect the overall supply in the end very much, but that is very difficult to calculate with the random blocks. Either way, we will be well within reason of lower end coin cap territory. Thanks.   

Thank you! We hope that you enjoy this coin with it's new and upcoming projects we have coming

i vote for PoS+PoW, forever 

I love this coin, I've stocked up on a whole lot of it.

It is indeed.

Thank you for helping support it

Can anyone verify if wallet version 1.0.0.1 is current.

And thanks for reviving the coin.

Hi there!  I'm one of the people that's also helping to work on this coin's re-design, and maybe I can help you understand a little of what we're trying to do.  Not trying to argue with you, just maybe explain things so they make more sense.

1.  The reason we want to increase the total number of blocks after a certain point with a fixed reward of 1 TTY is to continue the security of the blockchain, as well as give miners the chance to still invest in the coin if they don't feel like buying into it.  Many coins have a PoW that ends, and that prevents a lot of people from hopping on board if they don't have the btc to buy into it.  And we are currently working on why blocks are being mined so fast as well, that's why we're planning a difficulty retargeting along with our changes.

2.  The PoS implementation in many coins is not only for staking more coins and rewarding coinholders, but it also serves as additional blockchain security.  However, there are a few aspects of PoS that will still allow versatile coin movement in trading.  We have been discussing not only the PoS percentage, but also the minimum age for coins to mature before they can stake.  I'm not sure if I can go into specifics right now without consent of the main dev, but you will see our plan when it is unveiled.  Just know that it won't be solely based on holding coins - I agree with you.  Too much holding of coins is bad for its market, but if you do it just right it can end up quite nice.

Thank you for your input and your interest!
-Voltarius

1) Increasing total number of blocks - No!
Left more than 1,000,000 of blocks. It's more than 22 months of minning (one block per 1 minute). In my opinion the number of block is sufficient. I don't see reason to increase it. Better concentrate why blocks are mining too fast (please see my previous post).

2) PoS - No!
There are many crypto currencies with PoS implementation. But what for? To keep coins on wallet and wait for interest which are extremely low? I think that keeping coins isn't good for coins. I think that trading is more valuable for coins. I don't see any advantages of PoS. So no. PoS is bad idea. Please do not implement PoS.

It's my opinion. You will do what you want :-)

If I may ask, what did you mean by "No!" --- did you mean it as in, don't do it? or did you mean it as, you don't see it in effect right now?
Cause if you don't see it implemented right now, that's because we haven't coded it yet, the increase of number of blocks Or the PoS.
We should be able to get the Proof of Stake implemented within the next 2 months, hopefully less though

1) Increasing total number of blocks - No!
2) PoS - No!

why not.
look at hyperstakes feature of max limit on staking blocks
(it encourages distributed vs hoarded)

also AuxPow is interesting

So your working on making this the first multi algo POW+POS coin. Nice. I'm now mining and put a miner in to match your hash so not to drive up the difficulty so we can crank out some coins.

I added a big picture of projected events and approx dates for some of the projects we intend to do to keep TTY Alive and kick off the relaunch.
You can see the big picture on page 1 the first post, right before you see the coin specs
Enjoy!

The first 100TTY has already been claimed!  Come get yours!

Also just started a Twitter giveaway!!!  Hop on this twitter, follow me and retweet, then comment your addy ON THE TWITTER POST and I'll give you 100 free TTY!

https://twitter.com/Shadowwalker7/status/550878186452447232