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Topic: [ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts - page 94. (Read 243361 times)

sr. member
Activity: 252
Merit: 250
Mmmmmmm, Burgsteaks.  Grin

I'll have mine prepared medium-rare!   Tongue
hero member
Activity: 644
Merit: 500
(●´ω´●) Nil de nihilo fit
Mmmmmmm, Burgsteaks.  Grin

Yeah, tell us, how Burgsteaks will mine coins, it will be tasty to hear that kind of story Roll Eyes

Watchoo talkin bout Willis?

Nevermind, it was a bad joke Wink
hero member
Activity: 644
Merit: 500
Mmmmmmm, Burgsteaks.  Grin

Yeah, tell us, how Burgsteaks will mine coins, it will be tasty to hear that kind of story Roll Eyes

Watchoo talkin bout Willis?
hero member
Activity: 644
Merit: 500
(●´ω´●) Nil de nihilo fit
Mmmmmmm, Burgsteaks.  Grin

Yeah, tell us, how Burgsteaks will mine coins, it will be tasty to hear that kind of story Roll Eyes
hero member
Activity: 644
Merit: 500
hero member
Activity: 980
Merit: 500
I vote yay .

edit: if you tell me exactly what your worried about and what you are looking for as an ICO investor, I can put a technical perspective on it, and im open to be convinced to changing the specs. things are dynamic, and flexible.

for example, other investors had asked that we switch to an alternative from CryptoNote. These are all not the core value of the coin, and ultimately the coin is owned by all of us, and if he makes a compelling argument I will bring it up myself. So lets hear what you, as a small or large investor would like .

 Smiley

Thanks for the replies.
1.  Do you know what the ICO pricing will be per BRO?  Because with 14 million outstanding BRO with a tremendously fast 33% 2 year dilution emission curve, then it could easily be the case that the ICO will represent peak prices over the near to medium term simply due to the bulk selling of miners over the next 2 years.  Add in the fact that users that got their BRO for free will be far quicker to dump for any price (because their cost basis was zero) and you have another huge 7million 33% dilution dumping on the market.

2.  Was there ever a consensus about the "coin killing flaw" that possibly exists in all Cryptonote coins?  If you haven't read the thread, you need to and this is not the scam thread, but the thread covering the possible coming attack on the Monero blockchain.  If all cryptonote coins do have either a backdoor, or a fundamental flaw, then it's best to iron this out now before launch.  Also, gaming and gambling cause more blockchain transactions that most everything and Cryptonote coins are vulnerable over the long term to blockchain bloat.  Maybe the 2 technologies are not as good a match as previously believed.  Have you considered just using energy efficient X11?  Still GPU only and will most assuredly stay that way for the remainder of the 2 year POW phase and most miners are already familiar with this protocol so you get your stated goal of reaching the widest distribution.  Plus, you don't have to worry about some secret super high hashing GPU miners as has been the case with the Cryptonote coins.  
Also, if you desired blockchain anonymity, You could still get the anonymity of cryptonote and others by allowing BRO users the option to simply plug into the SuperNET family of coins to gain access to Boolberry (a cryptonote coin) or BTCD's anonymizing Teleport technology.

3.  Consider giving away less BRO and deliver far more coins in the ICO with the goal of lowering the price per coin.  Kinda sucks asking someone to pay real money for an unknown price for a coin only to have that same company then give away almost twice as many BRO for free in order to drive customers to their for profit gambling business for the financial benefit of the owners of said business.  Just rubs investors the wrong way unless you were also going to give Bergstake or ICO holders real ownership shares in the actual Breakout Gaming corporation.....which I would be all for................the blockchain could be a certain percent owner of Breakout Gaming and then everyone that owned the coin would share that ownership.

Now it gets interesting!

On # 2, the energy efficient x11 algo is not really a good choice if one wants to distribute the coin more fairly.  I have seen X11 coins mined and dumped to death * there is even a strong possibility of FPGAs that can mine X11* .  There will relentless dumping by the mining farms and no coins will be able to sustain such abuse.  Of course, this is less of a problem with coins that will only have a short PoW period followed by PoS, such is not the case with BRO.

Regarding Cryptonote, I am aware of PGPU miners but the problem was only with Boolberry I think, due to it's departure from the Cryptonight hashing algo.  Boolberry uses wild kekak which is gpu "friendly", hence the problem.

I know I am not that good at this stuff but I am not resistant to learning Smiley

#3 The most important part is, to me, is the Bergstake.  This is the key to investors buying in the ICO and miners supporting the coin. BRO coins without Bergstake will not give you the ability to sign blocks later on.
The more people play on the site, the more rewarding it is for all Bergstake holders, no?
And Breakout gaming, in the end, will have far less Bergstake than the ICO investors and miners, no?  
hero member
Activity: 644
Merit: 500
(●´ω´●) Nil de nihilo fit

Thanks Wink It's in my watchlist since day 1 (or 2), idea is interesting for sure. What conserns me the most:
a) 3 min block time (it's really slow)
b) CryptoNote protocol (anonymity is nice, but bloat and problems monero like)
c) Unlimited ICO (people invest huge summs - you win, they lose, with miners dumping)

But even with these points, I will buy/mine some, to be sure it won't go x10/x100 without me Grin. Team backing this coin is great, you can't **** up.
 
Did someone say girl?  Grin



Outstanding.
sr. member
Activity: 246
Merit: 250
Did someone say girl?  Grin



awesome graphics. cant wait for the ICO, this one is going to be epic!

If you want to see the DEMO of the Digital Hub for all the games, please go to the following site:

http://fundraiser.breakoutgaming.com/breakout-gaming-preview/
member
Activity: 98
Merit: 10
Did someone say girl?  Grin



awesome graphics. cant wait for the ICO, this one is going to be epic!
sr. member
Activity: 252
Merit: 250
member
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sr. member
Activity: 246
Merit: 250
Question : How long will the ICO run for ?

The current plan is to run the ICO for 30 days.  We only recently made an announcement, so we want there to be plenty of time for people who learned about our ICO late to participate.
hero member
Activity: 980
Merit: 500
Dev, I have just one question. If I will mine on pool during PoW, how the pool will send me Bergstakes?

Current pool technology will not enable this. So the pool operator will keep all the Bergstake, and to compensate, they will have to distribute all or most of the BRO to miners. This is why we are developing a new kind of pool, where when a block is found, all miners will be entered into the coinbase transaction directly. So there will be 100s of outputs. This "feature" will keep pools smaller and less centralized.


So a P2P pool is not the answer?
hero member
Activity: 980
Merit: 500
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