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Topic: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY - page 302. (Read 1076368 times)

hero member
Activity: 658
Merit: 500
Greetings all,
i love the community of this coin. I'm glad i hold quite a bunch of them....

+ 1  Well said, all of it. When we loose site of the goal, we loose conviction and fall away. Lets stay focused...

+1 I have been in this coin for a long time and not going anywhere anytime soon :-) 
RJF
hero member
Activity: 616
Merit: 500
Online since '89...
Greetings all,
i love the community of this coin. I'm glad i hold quite a bunch of them....

+ 1  Well said, all of it. When we loose site of the goal, we loose conviction and fall away. Lets stay focused...
hero member
Activity: 658
Merit: 500
The announcement will be made tomorrow and we can then being to move forward to the next step. Thank you for your patience.
because waiting to this day to make any progress at all was necessary...
newbie
Activity: 8
Merit: 0
Greetings all,
i love the community of this coin. I'm glad i hold quite a bunch of them.
Was following the debate around this coin and maybe it's a bit late to reply but still. There has been a lot of negativity with this coin which i believe we all agree has been perfectly set up. The idea of funding science with crypto coin, plus the coin supply is really neat with the unique vortex feature.


From here on the developers have lost a track a bit and they have fallen under the negative sentiment people have put pressure on them (this is my personal opinion on the matter of course) because the price was not what we all expected.
But every beginning is hard and i remember a great AMA with the first and second winner. It was a good read and i'm sure right people got the coins.
For all of you that want to change anything with this coin please stop for a second and read again the first page of it and reand the official page of the coin.

This is what this coin is all about. Funding science. I'm sad to see this stopped because it was great purpose and publicity.
Besides that this coin lacks other marketing features. If you believe that changing anything with coin defaults without the marketing will change the price i'm afraid you will be very disappointed.

And one more thing..if it is not done perfectly you might as well kill the coin. If half of people will be on one side of the fork, one on the other it will not be pretty. This is a great responsibility to take over the coin and change the fundamentals. I hope it stays as they are and let's continue with what this coin started.
It doesn't matter the price right now. We should be funding science with this coin. Getting recognized and accepted in the science world and then the coins price will rise. It does not get the other way around.


My 2 EMC2 cents.
full member
Activity: 221
Merit: 100
"The only real valuable thing is intuition."
The announcement will be made tomorrow and we can then being to move forward to the next step. Thank you for your patience.
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
what time on saturday the vote results going to be announced?! Smiley

he he, maybe you'll get answer on Thursday next week  Wink
full member
Activity: 140
Merit: 100
what time on saturday the vote results going to be announced?! Smiley
hero member
Activity: 658
Merit: 500
Hello everyone

I have been watching this thread from time to time and would love to ask few questions regarding leadership of this community and further development. I do have some amount of this coin and looking at what is going on for last couple couple of months is not promising.  Roll Eyes

So, cut to the chase:

* Is there still someone left from the original Dev crew?
* Is there any Dev (person or a team) that can work with this coin?
* Is there someone that leading this crew or it is community driven coin?
* Is there any healthy pool that have more then 100Mh(?) power? Why half or more of the pools from ANN page are not accessible?
* Who is the spokesman for the community if there is one or for orig. crew?
* Do you have organized people from orig. crew or community members for PR jobs for promoting EmC2 (Twitter, Reddit, BCT, IRC, Newsletters, Facebook, Instagram... etc)?
* Do you have any amount of money for putting bounties for jobs yet to be done (for example PR jobs) or you have team of people working in background?
* Do you have someone that is in direct contact with health and science organizations and thus promoting this coin?
* Except PoS, is there something else that is discussed for future steps in putting some volume in EmC2?
* What are future plans of this community and EmC2?

As I see that PoS subject is currently active, would like to say in that case this coin is for long haul and no daily pumps/dumps you see on other coins. So with already spread majority of coins to market there is less chance for one whale to fill his pockets and if people start staking there will be less coins to sell. Less coins to sell leads to price going up. Community must stop selling @ this low prices if it comes to PoS idea. For now, only I see is that community is dumping this coin for it self causing this prices at exchanges...

Just my 2 EmC2  Wink

Cheers
B. 
full member
Activity: 196
Merit: 100
Top 100 Rich List
http://coinia.net/einsteinium/getbalance.php?top=100

rich list not working... for how long?

We've been having some server issues on the backend that I'm look to get resolved. If need be, I may buy and host the new servers myself.
Just open the source code. I can host it.
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
Top 100 Rich List
http://coinia.net/einsteinium/getbalance.php?top=100

rich list not working... for how long?

We've been having some server issues on the backend that I'm look to get resolved. If need be, I may buy and host the new servers myself.

hey ahumanbeingx, are you Dev for this coin or spoksman? Put some questions few posts earlier... Can you, or someone else, give us in short some info of what is corrently going on with this coin and what are the future short-term and long-term plans...

cheers
B.
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
Top 100 Rich List
http://coinia.net/einsteinium/getbalance.php?top=100

rich list not working... for how long?

We've been having some server issues on the backend that I'm look to get resolved. If need be, I may buy and host the new servers myself.

Awesome dev thank u

link still doesnt work, why ''thank u''  Wink
hero member
Activity: 658
Merit: 500
Top 100 Rich List
http://coinia.net/einsteinium/getbalance.php?top=100

rich list not working... for how long?

We've been having some server issues on the backend that I'm look to get resolved. If need be, I may buy and host the new servers myself.

Awesome dev thank u
full member
Activity: 221
Merit: 100
"The only real valuable thing is intuition."
Top 100 Rich List
http://coinia.net/einsteinium/getbalance.php?top=100

rich list not working... for how long?

We've been having some server issues on the backend that I'm look to get resolved. If need be, I may buy and host the new servers myself.
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
legendary
Activity: 3108
Merit: 1029
hero member
Activity: 658
Merit: 500
Hello everyone

I have been watching this thread from time to time and would love to ask few questions regarding leadership of this community and further development. I do have some amount of this coin and looking at what is going on for last couple couple of months is not promising.  Roll Eyes

So, cut to the chase:

* Is there still someone left from the original Dev crew?
* Is there any Dev (person or a team) that can work with this coin?
* Is there someone that leading this crew or it is community driven coin?
* Is there any healthy pool that have more then 100Mh(?) power? Why half or more of the pools from ANN page are not accessible?
* Who is the spokesman for the community if there is one or for orig. crew?
* Do you have organized people from orig. crew or community members for PR jobs for promoting EmC2 (Twitter, Reddit, BCT, IRC, Newsletters, Facebook, Instagram... etc)?
* Do you have any amount of money for putting bounties for jobs yet to be done (for example PR jobs) or you have team of people working in background?
* Do you have someone that is in direct contact with health and science organizations and thus promoting this coin?
* Except PoS, is there something else that is discussed for future steps in putting some volume in EmC2?
* What are future plans of this community and EmC2?

As I see that PoS subject is currently active, would like to say in that case this coin is for long haul and no daily pumps/dumps you see on other coins. So with already spread majority of coins to market there is less chance for one whale to fill his pockets and if people start staking there will be less coins to sell. Less coins to sell leads to price going up. Community must stop selling @ this low prices if it comes to PoS idea. For now, only I see is that community is dumping this coin for it self causing this prices at exchanges...

Just my 2 EmC2  Wink

Cheers
B. 
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
FINAL ALGORITHM VOTE

This will be the final round of voting to decide between PoS (Proof of Stake) or PoW using some Scrypt based mining alternative. Please weigh the options carefully and make sure to vote accordingly. This new vote will be running for 2 1/2 weeks and concluded on Saturday, July 19th. Share the word and let's get as many votes as possible.

Write in votes will be considered and accepted if the member has an actual post history.

So what's it going to be, PoW or PoS? Is that your final answer?

https://bitcointalksearch.org/topic/einsteinium-algorithm-vote-final-decision-for-change-pow-or-pos-676509

Bump.

Why do we need such a long time for the second ballot? These enough time to make a coin dead!

Cause if not someone will cry when it's over Wink... Get on twitter facebook message about emc2... Make is so the coins not dead don't want for the coin

Just a friendly bump to keep people voting. The FINAL announcement will be made on Saturday.

done...
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
I urge you all to watch what is happening with vericoin before moving to PoS.

over the weekend mintpal was hacked 30% of vericoins  (8M) were stolen.
the devs fearing 51% rolled back their blockchain in order to stop the theft.

this has created a huge controversy which can be seen in full detail on the vericoin thread (and the various a news articles)

they did this because if a thief gains 51% of a PoS coin they can have majority control of the coin forever because they can stake and very easily keep creating new coins.

this is not the same thing as a 51% PoW attack that only gives the attacker limited control while they hold 51% of the mining power which in a healthy coin ecosystem is continually growing and supported by new miners.

PoS encourages hoarding and centralization of power more so than PoW...
the effects are amplified the smaller the coin.

I expect in the future we will see more PoS coins suffer from this vulnerability

If that is true, then the biggest threads are the exchanges since they hold big amounts of coins.

No, the biggest problem is the posibility of a roll-back. Not only vericoin, but every coin. No retailer will ever accept a coin from where a transaction can be rolled back.

No serious investor will ever touch any coin now they know that their investment can be rolled back to block#1.

Now cryptocoins become a gamble, so all we can hope for that gamblers will risk their money.

All of this, thanks to MintPal.... their security is not how it should be. They should be the ones that should pay the theft. Now we know about the possibility of a roll back....it's a bad movie...

agree with you mate  Wink
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
I urge you all to watch what is happening with vericoin before moving to PoS.

over the weekend mintpal was hacked 30% of vericoins  (8M) were stolen.
the devs fearing 51% rolled back their blockchain in order to stop the theft.

this has created a huge controversy which can be seen in full detail on the vericoin thread (and the various a news articles)

they did this because if a thief gains 51% of a PoS coin they can have majority control of the coin forever because they can stake and very easily keep creating new coins.

this is not the same thing as a 51% PoW attack which only gives the attacker limited control while they hold 51% of the mining power.

PoS encourages hoarding and centralization of power more so than PoW...
the effects are amplified the smaller the coin.

I expect in the future we will see more PoS coins suffer from this vulnerability

I understand but emc2 need to do something to survive and the majority of people speaking wish for PoS. Will it change the way Emc2 is seen in the CC sphere, i don't know. Algo switch or switching to PoS doesn't do a thing if nobody knows it exist. People need to use it and right now everything is just a big speculative bubble.

What help emc2 prevent the kind of events that happened to VRC is that a lot of coins are already out, so harder for someone to steal the coins and get 51%. The volume is spread on 3 exchanges so i don't think it could happen to this coin but we never know.

indeed the majority of people will only support an action which benefits themselves in the short term.. this is the problem that politicians in all democracies face when they make policy decisions. Its also why we have such a corrupt and broken fiat system.

this is why I gave up arguing the toss on this forum.. I only posted that statement because real world events have demonstrated very clearly how vulnerable PoS can be.

I would rather see the coin prosper and grow in the longer term but if people are willing to risk that for the sake of short term gains then I wont continue to waste my energy arguing... I'll just check in from time to time with a comment here and there.

ultimately if the majority of people get what the want and the price rises in the short term then people like myself who do not support PoS systems in any large way will have a chance to exit the system.

what happened to VRC IS very questionable. First of, you can ask yourself WHY and WHY ONLY VeriCoin? As I understand MP statement, there is suspicious that attack was pointed to LTC and BTC wallets too but they have better protection (speaking as a layman), and VRC HOT wallet has more coins that should have in time and so it happened.... MP was robed. BUT is it all that happened? Maybe there is some other scam in play, we do not know?  Roll Eyes
Just saying that PoS coins are not staked on exchanges except ones that are jointly agreed by the dev team and exchange (or am I wrong?). If majority of this community want PoS, it is OK to implement it, but there is need for major marketing activity after changes and much more... Anyhow PoS IS NOT the only solution.  Wink

Cheers
B.
member
Activity: 109
Merit: 10
"If you are going through hell, keep going"-Sir WC
Hello everyone

I have been watching this thread from time to time and would love to ask few questions regarding leadership of this community and further development. I do have some amount of this coin and looking at what is going on for last couple couple of months is not promising.  Roll Eyes

So, cut to the chase:

* Is there still someone left from the original Dev crew?
* Is there any Dev (person or a team) that can work with this coin?
* Is there someone that leading this crew or it is community driven coin?
* Is there any healthy pool that have more then 100Mh(?) power? Why half or more of the pools from ANN page are not accessible?
* Who is the spokesman for the community if there is one or for orig. crew?
* Do you have organized people from orig. crew or community members for PR jobs for promoting EmC2 (Twitter, Reddit, BCT, IRC, Newsletters, Facebook, Instagram... etc)?
* Do you have any amount of money for putting bounties for jobs yet to be done (for example PR jobs) or you have team of people working in background?
* Do you have someone that is in direct contact with health and science organizations and thus promoting this coin?
* Except PoS, is there something else that is discussed for future steps in putting some volume in EmC2?
* What are future plans of this community and EmC2?

As I see that PoS subject is currently active, would like to say in that case this coin is for long haul and no daily pumps/dumps you see on other coins. So with already spread majority of coins to market there is less chance for one whale to fill his pockets and if people start staking there will be less coins to sell. Less coins to sell leads to price going up. Community must stop selling @ this low prices if it comes to PoS idea. For now, only I see is that community is dumping this coin for it self causing this prices at exchanges...

Just my 2 EmC2  Wink

Cheers
B. 
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