Topic: [ANN][CASH] Crypto CASH | Proof of Stake & COIN CONTROL | On Cryptsy | 0 PREMINE - page 67. (Read 248249 times)

It won't hurt to get a few skilled folks interested to donate a bit of their time. If nothing else, will be a challenge.

With so many scammy coins coming out on a nearly daily basis and just on a permanent sell spiral, it would be good to have a nice decent size coin for smaller miners who want to know what they are getting. Even with my 18Mhs, it really is not easy to jump around coins in time or abandon when diff is stuck high.

Small timers beavering away on their home PCs are just getting ripped off most of the time. This is the target audience for CASH, while big boys and auto-pools can hop around at pleasure.

Does seem odd for the dev just to vanish, even with a tiny bit more effort could have kept the price 20x higher and really cash out his coinage, so .. dump and run? Nahh .. or really needs to re-think his dumping strategy. PANDA .. now that was a pro dump  

OK, I see.

We don't have access to the checkpoint server though, we therefore need to change it and therefore we need to point the wallets to the new server.

No doubt someone will correct me if I am wrong, but I don't think even the wallets need an upgrade to clear the checkpoint error. Only the checkpoint server.

All coins are taken over by the community at some time. They are not always the property of the original developer. If anyone here has the skills to do it, please declare themselves.

A hard fork is only needed if some aspect of the code or function is a serious problem.

at least can download cash wallet and synch
i do like the diff go down, because i still like cash coin
i do love the name.

Hey Chris
Do you know if we'll need a hard fork? I'm really not sure if we will, it's only the checkpoint server we need to change afaik and I hope that just needs the wallets to be updated for which a few us would like to update anyway (need to include the conf and hopefully install it automatically).

I don't follow many coins, I prefer to pick a few decent ones and work them (a few so not all eggs are in one basket), but community coins do seem to be rare which is a shame, I think it's how it should be. They're not very decentralised if only a hand full of folks control it and if they disappear, everyone else is screwed.

Well i'd chip in to hire someone to hard fork if we are going to take it over.

Would this be the first altcoin to ever be taken over by the community?

We need more people to step up and help get this coin moving again.
We only have 4 people so far who have offered their services.
If you're wanting 'others' to do all the work so you can profit, then we'll all fail.

Please, email [email protected] or PM myself with your offer of assistance, be it CASH donation, offer of skills you have, people you know could help, ideas for CASH promotion, ways to improve the coin, whatever. The power of many is greater than the few!

30 day stake payouts
Stakes winds down to 1%, don't KNOW yet but should take a few years to get to 2-5% or so I'd imagine.

Thanks for writing the post Alt, GJ


I'm not sure about this, the Dev mined a hell of a lot of coins in the early days An address I know to be the Dev's and was actively transferring them after he'd stopped logging in here, so I can't imagine something 'happened' to him.

Regardless of what the Dev's intentions, we have a good coin here and being in the hands of the community rather than singular control is far better IMO and will be more attractive to others if it's being controlled in an open and transparent manner, which, if I've going to be involved in its development, that's how it'll be. Just need folks to bare with us while we get things going.

The Dev's dead, long live the community!

EDIT:

View the WIP document. This is a copy of the private document and will be updated when there are changes.
https://docs.google.com/document/d/1PbDa7x_r7zNTVYX6RSeLBgQlpEJ2ghGwYacIqBWxl4Q/edit?usp=sharing

Everyone is entitled to their opinion, and yes this is the easy route to take.  I won't blame anyone for thinking this way.

However, nothing comes from taking the easy road.  If you want something, it takes hard work and sacrifice.  Even if the dev moved on to another coin, he's left us a gift that we have an opportunity to take what he started and create a coin ran by a community.  I'm willing to do this, any one else?

Now, anyone that wants to dump their coins feel free to send them to the address in my SIG.  Coins will be used for the reworking of CASH.

Why would ppl dump and let it die? Just go away troll.

Guys just Dump your coins and let it die. This aint going up in value.

Dev dont wanna work for free and already released other coins with premine/instamine, I noticed the OP looks similar to other coins released

I'm here because Cashcoin is a good concept. I know there is no proof and it is just speculation, but I think the coin was simply abandoned when it didn't meet the expected hype when it hit Cryptsy. I could be completely wrong, but maybe not.

I am not averse to the idea of perhaps changing the block reward structure. Provided it has overall community consensus.

Quick Update for the forum:

There are several of us that are looking to take control of CASH.  We simply ask for your patience while we sort out the hows and who's of the take over. 

As to the original Dev, I'm more inclined to say something happened to him.  I doubt very much that he would have just abandoned this, and it was way too sudden.  There was no pre-mine, no insta-mine, 10 whole blocks for testing then he released it.  That equated to 1000 coins, which in the first few days people were making more than that per hour.  Not much of a chance of a dump and run by the dev.  Wouldn't have made much.

As to the low price/interest in the coin on exchanges.   Well, that can be fixed just by getting the word out about CASH.  Dev was supposedly in process of getting publications out, but I only saw 2 articles posted on some "back water" crypto websites. 

What you can do to help:

Basically, for now, just keep mining.  I just checked the links for the pools listed in the OP, and surprisingly, all of the are still working.  Not all of them have people mining at them, but there were no errors.  Spread the word.  I've put my Hash where my mouth is, and turned off the anon account over at  http://cash.minebig.com to prove my support for this coin.  (course I blew another GPU last night...  dang power outages)

Wallet error:

If you are seeing the "checkpoint is old" error, ignore it.  Everything seems to be working fine.  Once we get things switched around, we'll implement a new check point system and that error should go away.

From me personally:

I want everyone to know, I'm commited to keeping this coin going.  I've burned a lot of hash, lost 3 GPU's, 2 PSU's and a MB, along with a TON of electric these last 2 months.  I've yet to sell a single coin.  I'll post my transaction if I have to in order to prove it.  Maybe I'm a fool....  Who knows... 

buy support for cash was low from the very start. we all gambled that investors would eventually see the potential with this coin and jump on it. as it stands now, i think cash may have too high a stake. as well the block rewards must halve or reduce block reward by some percentage more regularly. other than that it's perfect.

im still holding my cash and mining some here and there as its obvious that cash will definitely take a while to pick up. a longer while than we were all hoping for. it requires alot of investment so for one i think maybe our community is too small. lastly, someone did mine a tonne of cash from the start.. at least 1million maybe more. whether that was the dev or not we may never know. but id be up for a slightly modified version of cashcoin.

if we think that the dev has too much cashcoin and is dumping on us then that would mean we'd have to abandon this coin altogether. but we can also look at cashcoin as longterm based on the block halving rate. if cash doesnt fall off the exchange.. give it 4 years or so and im willing to bet it will be at the 1 dollar mark steady. maybe better. it's a big gamble. but im not dumping or selling. the low diff and investor interest means we can all pick some up here and there during the course of the year and build up our stash. but i would support endeavours to make a coin we think would be an improvement upon cash and why it has failed to gather interest as of yet must have to do with the very long block halving periods.

i suppose in the end, it seems cash did fail to achieve one of its primary goals.. to prevent dumping but still.. by the numbers im seeing on the exchanges.. it would seem alot of cash is being withheld from the markets still so im not too sure we have a dump problem so ill stick to the fact being low investor interest.. and that must be because cash is not rare enough yet. it will need time. so we'll just have to pace our investment.

either way, any new developments we'd like to undertake for a different version of cashcoin would have my support. hopefully we will get a response from the dev at some point and see if he is willing to help us with another project. cash is indeed an innovative coin that works so maybe he feels like he doesnt need to be around since everything regarding cash technologies is working. hopefully he is also working in the background to grab investors. but i guess if everything is working.. then the dev really has no need to be on the forum every day.

sorry for wall of text. just typing my thoughts on the subject.

p.s. - one question.. if an investor did come around tomorrow and pump cash to .001btc would you say you had enough? we have all this time now to stash cash as long as its cheap and diff is low. use the time to get closer to having 1mill cashcoin ;p but we'll just have to adjust our thinking to a longterm investment. 2-5 years or more. what choice do we have if ur like me and refuse to sell cash for 2 cents each lol

did you download version 1.1 of the client? make sure you have the latest version of the cash-qt.

Things are happening behind the scenes to re-do the entire design. Also if that happens, an online casino and a hardware store will be open accepting CASH.

Not sure if a fork is needed, not clued up on that, but it just needs a few BTC buys and to bring hashing back towards 1Ghs. When re-design and marketing are done, it will be fairly easy to bring back interest.

Technology behind the coin is 2nd to none, CASH name can be a burden but also a boon, just needs interest.

this doesn't matter i think it's been like this for ages.