Topic: [ANN] [VELD] - Veldspar - A new type of coin, trying to solve different problems - page 2. (Read 4401 times)

It's been delayed for now, I guess the dev is probably busy doing other things but he's still active and working on an update.

There were no messages here for two weeks...
How is work going on? Is there any news?
What are the plans for the near future?

Ok that's understandable, take your time. I'm confident that in due time with all the work you're doing and with the help of the community Veldspar will be a success in many ways.

i think he was looking for room101.

what? wrong thread perhaps?

Normally a bounty campaign should start parallel or even before ICO starts, so that you can attract more potential investors. They are still organizing the bounty campaign and the half of the ICO is already finished then.

It will be next Sunday, it's too soon to test all the changes that are being made.

Thanks for the update dev, so I'm guessing after the update the new wallet and miner will be available this Sunday right?

Hi, here is the latest news and network plan.  Also has first semblance of economic information and supply etc.
https://medium.com/p/969b942a713d?source=linkShare-c1d186c98e27-1536246452

After reading your Medium article, I think it actually makes more sense switching to the fiat style denomination and 100M Veldspar would be best in order to keep the blockchain size small.

Hey, i'm up for anything.  I love a challenge!

Damn I just didn't take the blockchain size into account, what you're proposing is actually a lot more reasonable then.  

Yes it's still open until I feel everyone has had a fair say and put their positions forward.  So is that 10BN + 8dp, would be 1,000,000,000,000,000,000 units. I'd hate to think about the size of the blockchain at that point (around 7TB).  8dp, and 100M feels more sustainable.  But I will take note of your wants.

Maybe I should phrase it as how many tokens should it be likely possible to mine.

What were your reasons for wanting satoshi 8dp?  Trading?

Is the poll still ongoing? I would vote to move to satoshi style denomination and for supply I guess I'm ok with 10BN Veldspar.

Oh, i missed this?!

So, the poll posted on Discord was as follows:  (This probably isn't the best place to hold a poll but hey!)

1) Should we stick with the current Fiat style of denomination or move to satoshi style? (0.00 :thumbsup: , 0.00000000 :thumbsdown: ) ?


2) There will be another Blockchain restart, no-one will loose any tokens, does everyone understand this or will I get loads of DM's and Mentions on here (Yes I Understand :thumbsup: , no I need to be banned :smiley:  :thumbsdown: )



You have to think about more than just the perceived value of what you have mined so far when thinking about the next question.  Because just because something is scarce does not automatically add value, there also has to be liquidity.

People HODL'ing really hurts a currency if there is not enough to have movement on exchanges, so wanting only 10MM in circulation will kill everything flat if you want this coin to succeed.  But also you do not want everything to be too numerous either.

With that in mind, would you like the economic target to be (estimated) (all at 0.00 denominations, otherwise far more tokens need to be produced :

1)   100M Veldspar (around 50M Tokens)
2)  500M Veldspar (around 250M Tokens)
3)  1BN Veldspar (you get the point)
4)  10BN, Veldspar
5)  100BN Veldspar
6)  1TN Veldspar
7)  Other(edited)

Really glad to see something different, welcome Veldspar and good luck! Will keep an eye on you...

Another blog detailing some of the short term, future plans.

https://medium.com/@napoleonbonafrog/falling-apart-under-pressure-cdfa55636ae3

muthafucker cant even SPELL github, and they try talk like they know how code works. 
if he did he would have realized how what he was saying was one of the dumbest coding sentences you could ever speak
and that it would be OBVIOUSLY an environment problem if he knew what he was saying, as YOU said

this is what spammers have made this forum

Looking forward to velspar development, this is finally something INTERESTING atleast

No, what you're saying does not make sense. The difference could be because of the versions of libraries and dependencies that I used to compile it.