Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY - page 206. (Read 816010 times)

Quote from: Nite69 on June 23, 2014, 11:04:15 AM

Fellow members
I'm happy to report that synclub development will start this week which will collide with NiteSend transaction in the blockchain.
Your sincerely
Saeka Endo

Yay! Can't wait to see this in action

Do you maybe have some ETA on how long would it take to develop it?

I believe he's working on it now. they have shown a beta already on this forum.

Hmm..they did? I guess I missed it somehow, but what confuses me is the sentence "development will start this week"...

Development of synclub program rewards, NiteSend is already done just undergoing testing.

Testing by who? Is it being done on testnet? Why not make it public like darksend testing was?

I'm testing it personally, public tests will follow when it is ready. Need to finish all DoS preventions before that.

Keep up the great work. I would rather you guys test it and make sure it works so people to not sit here and complain that there are bugs.

agree - AND please donate to nite we all take this sometiomes for granted BUT IT ISN´T - look at other devs and Company - they Launch AND THEN THEY´RE somewhere else ... but not working at the coin

tom14cat14

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Activity: 826

Merit: 500

Quote from: Chronikka on June 22, 2014, 04:14:03 PM

Quote from: Chronikka on June 22, 2014, 04:14:03 PM

Fellow members
I'm happy to report that synclub development will start this week which will collide with NiteSend transaction in the blockchain.
Your sincerely
Saeka Endo

Yay! Can't wait to see this in action

Do you maybe have some ETA on how long would it take to develop it?

I believe he's working on it now. they have shown a beta already on this forum.

Hmm..they did? I guess I missed it somehow, but what confuses me is the sentence "development will start this week"...

Development of synclub program rewards, NiteSend is already done just undergoing testing.

Testing by who? Is it being done on testnet? Why not make it public like darksend testing was?

I'm testing it personally, public tests will follow when it is ready. Need to finish all DoS preventions before that.

Keep up the great work. I would rather you guys test it and make sure it works so people to not sit here and complain that there are bugs.

Nite69

sr. member

Activity: 477

Merit: 500

Quote from: LTCagt on June 23, 2014, 09:44:28 AM

Fellow members
I'm happy to report that synclub development will start this week which will collide with NiteSend transaction in the blockchain.
Your sincerely
Saeka Endo

Yay! Can't wait to see this in action

Do you maybe have some ETA on how long would it take to develop it?

I believe he's working on it now. they have shown a beta already on this forum.

Hmm..they did? I guess I missed it somehow, but what confuses me is the sentence "development will start this week"...

Development of synclub program rewards, NiteSend is already done just undergoing testing.

Testing by who? Is it being done on testnet? Why not make it public like darksend testing was?

I'm testing it personally, public tests will follow when it is ready. Need to finish all DoS preventions before that.

Kenta

sr. member

Activity: 420

Merit: 250

Quote from: mikeyfinn on June 23, 2014, 09:21:17 AM

Quote from: iawgoM on June 23, 2014, 07:01:19 AM

Question, if I go on a holiday for a few days, and my PC with SYNC wallet is shut down all the time - does that mean I'm not staking any more? Sad

As i understand it, think of it like interest. You are EARNING as long as you hold the coins, but you only RECEIVE that interest (staking) when you are actively open and staking. So, if you didnt open your wallet for a year, once you finally did you would get a single big stake payout, rather that a crapload of small ones, but it should equal the same amount.

Someone please correct me if this is wrong.

yes thats it - if you have mature coins it beginns staking and if you shut the wallet down and reopens it in one year - you will get one big payout

And it actually works,.. I have tested it on other coins like FBC

But how about interest of interest? I imagine you will get slightly more in total after one year if you let the amount stake at every possibility instead of only once in a while.. And after a long time or if interest is high like SYNC has today, it will be an essential difference.

LTCagt

full member

Activity: 154

Merit: 100

Quote from: mikeyfinn on June 23, 2014, 09:21:17 AM

Quote from: iawgoM on June 23, 2014, 07:01:19 AM

Question, if I go on a holiday for a few days, and my PC with SYNC wallet is shut down all the time - does that mean I'm not staking any more? Sad

As i understand it, think of it like interest. You are EARNING as long as you hold the coins, but you only RECEIVE that interest (staking) when you are actively open and staking. So, if you didnt open your wallet for a year, once you finally did you would get a single big stake payout, rather that a crapload of small ones, but it should equal the same amount.

Someone please correct me if this is wrong.

yes thats it - if you have mature coins it beginns staking and if you shut the wallet down and reopens it in one year - you will get one big payout

mikeyfinn

sr. member

Activity: 266

Merit: 250

Quote from: iawgoM on June 23, 2014, 07:01:19 AM

Question, if I go on a holiday for a few days, and my PC with SYNC wallet is shut down all the time - does that mean I'm not staking any more? Sad

As i understand it, think of it like interest. You are EARNING as long as you hold the coins, but you only RECEIVE that interest (staking) when you are actively open and staking. So, if you didnt open your wallet for a year, once you finally did you would get a single big stake payout, rather that a crapload of small ones, but it should equal the same amount.

Someone please correct me if this is wrong.

iawgoM

hero member

Activity: 602

Merit: 500

Question, if I go on a holiday for a few days, and my PC with SYNC wallet is shut down all the time - does that mean I'm not staking any more? Sad

turner3d

member

Activity: 76

Merit: 10

For those worried about there still being a 100% POS interest rate, keep in mind that it is only 100% annually, and only for those with an open wallet. The current total coin supply is still just a little over 1040.

LTCagt

full member

Activity: 154

Merit: 100

ist good not to be seen before tested - if there is a bug as example all the trolls floating back - thats not my Kind of good Entertainment

test it - and if ist good Show it - thats the right way - there will be enough to do after it

Chronikka

hero member

Activity: 658

Merit: 504

Fellow members
I'm happy to report that synclub development will start this week which will collide with NiteSend transaction in the blockchain.
Your sincerely
Saeka Endo

Yay! Can't wait to see this in action

Do you maybe have some ETA on how long would it take to develop it?

I believe he's working on it now. they have shown a beta already on this forum.

Hmm..they did? I guess I missed it somehow, but what confuses me is the sentence "development will start this week"...

Development of synclub program rewards, NiteSend is already done just undergoing testing.

Testing by who? Is it being done on testnet? Why not make it public like darksend testing was?

MsCollec

legendary

Activity: 1400

Merit: 1000

Quote from: MsCollec on June 18, 2014, 10:00:00 PM

Fellow members
I'm happy to report that synclub development will start this week which will collide with NiteSend transaction in the blockchain.
Your sincerely
Saeka Endo

Yay! Can't wait to see this in action

Do you maybe have some ETA on how long would it take to develop it?

I believe he's working on it now. they have shown a beta already on this forum.

Hmm..they did? I guess I missed it somehow, but what confuses me is the sentence "development will start this week"...

Development of synclub program rewards, NiteSend is already done just undergoing testing.

nexus00

member

Activity: 118

Merit: 10

Quote from: MsCollec on June 18, 2014, 09:57:18 PM

Please add SYNC -- https://bitcointalksearch.org/topic/ann1000-sync-proof-of-stake-now-run-by-blockchain-development-company-607919

NiteSend is an implementation of coinjoin to provides a high level of anonymity layers to the transactions on sync and vootcoin network. Nitesend will be similar to Darksend but with No master node making it a truly Decentralized Anonymous coin.

The response to the nitesend whitepaper has been remarkable. Let me know if you are interested in seeing the whitepaper

Code:

"This is gonna huge. 

DRK will certainly be threatened."

Nitesend will be released this week or next week.

Yep. Pretty sure he did post it. Only 3 pages back

I says you probably have the weekend left to get sync while there still less than .5btc.

iawgoM

hero member

Activity: 602

Merit: 500

Fellow members
I'm happy to report that synclub development will start this week which will collide with NiteSend transaction in the blockchain.
Your sincerely
Saeka Endo

Yay! Can't wait to see this in action

Do you maybe have some ETA on how long would it take to develop it?

I believe he's working on it now. they have shown a beta already on this forum.

Hmm..they did? I guess I missed it somehow, but what confuses me is the sentence "development will start this week"...

nexus00

member

Activity: 118

Merit: 10

Fellow members
I'm happy to report that synclub development will start this week which will collide with NiteSend transaction in the blockchain.
Your sincerely
Saeka Endo

Yay! Can't wait to see this in action

Do you maybe have some ETA on how long would it take to develop it?

I believe he's working on it now. they have shown a beta already on this forum.

iawgoM

hero member

Activity: 602

Merit: 500