Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY - page 232. (Read 816006 times)

I have been looking at prepaid credit card. One of the requirement is a registered company name in order to issue a personalized credit cards.

With prepaid credit card, you can convert your rewards point to $ faster.

Oh what a tangled web has been woven, lets hope all the spiders can keep the web strong.  Only time will tell.

Thanks for the easy to understand, explanation!

There won't be a central server for verifying anything. The way features like Darksend work is by using nodes that essentially put up collateral to run. For darkcoin they're called Masternodes and the requirement is 1000 darkcoin. Long story short, any transaction relayed through a master node automatically have its coins "mixed" with coins from other transactions and from the 1000 dark held by the master node operator. I'm leaving some details out but that's basically how it works

So the more master nodes you have, the stronger the network and the mixing function will be. As compensation for hosting a master node and putting up the required collateral, a small portion of newly minted coins is paid out directly to the master node operators. Think of it like a network transaction fee, but its enforced every time a block is found and the payout is only to master node operators.

But I'm curious to see how they will implement this for Sync. A master node will not be able to stake any coins simply because once they stake they can't move. Makes mixing a little hard. So if a large holder wants to run a master node they will lose potential stake. There will have to be some form of transaction fee or block solving fee paid out to the master nodes. Otherwise nobody will run one. Also, if the largest holders are all running master nodes then they aren't staking. If they aren't staking they aren't helping the network...

by the way multipool is growing

www.multipoolmining.com 

rubbish - its Clearing by making it faster and stable - you´re not in and by marking the times youre allegedly selling im not sure if you were in - so please .....

Glad to here it   .   Good news .   And Good luck with the Voot project too  .  I think that project should help subsidize the Sync   development costs.  

And who cares  what Raskul  thinks anyway  ...Im glad he dumped his  sync . Proves that he is an idiot  who thought he had a say in it.  Why he is still here in the thread?    No clue.

All put Raskul  on ignore and your quality of life will improve immensely.

you fucked up sync by making it faster. I told you a hundred times, don't change it, i like it.
you wouldn't listen.  

this is the only reason I dumped all my Sync, before the hard fork.

This will be more faster

well gl.  XC anon/mixer is still in very early stages, and a lot more work to be done. At least it will pump the price a bit.

also, no prizes for guessing who the core dev will be.

Not sure what to think about this mixer. Will that make us dependent from a central server that will have to validate each transaction, or will the coin still survive a targeted DDOS attack?

Good news development on Anon/mixer similar to XC starts tomorrow  



I dont have to tell you the core dev

we're still waiting for the fun to start daddy...

are we still having fun, kids? 

We can always hope for some synergy effects...

Exactly, all these plans will now be put on the back burner. This feels like a massive slap in the face to all that invested in sync.

to abandon your sync investors? I dont know what you're thinking, you should have at least put it to a vote to see what the sync community feels about you taking on a second coin project

Synclub Rewards program and prepaid credit card. But i do all this alone

Someone else will be doing the market but i dont want it to be like slikroad   So it will be moderated

I don't know yet if sync will be accepted

The Voot market on Bittrex seems to like the idea, hopefully we'll see some positive trends for Sync as well.