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Topic: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY - page 307. (Read 1076368 times)

hero member
Activity: 658
Merit: 500
That's exactly the situation I did point out before: if you weigh all PoW algos combined they're ahead of PoS. I guess doing a "PoW vs. PoS vs. PoW/PoS combined" poll would make sense. If PoW still comes out ahead just make a seperate poll for algos.

Would be kinda awesome if the result of those two polls would lead to 1. stay with PoW and 2. stay with Scrypt - eh? No hard fork required! Wink

I want to do what's best for the community and what our supporters, investors, and miners generally agree upon. For that reason, there will be another poll to solidify the change (or lack thereof).
You sir seem to be a fine dev. Makes me confident about my decision to become a holder of this coin again.

Actually I think its pretty easy to deduct from the poll that the majority wants a change. And which change is fairly clear too. Not sure why you really wanna bring in 2 additional polls.

Btw, as a disclosure, I voted X11. It didnt go my way, but I still see a clear winner here.


I think these prices will soon be a distinct memory.. but beyond just the price... POS is a great choice IMO.... Now it is everyones job to get out there and tell people!!! Emc2 for everyone!!! Family Friends Neighbours Schools scientists!!! Try try try !!!
newbie
Activity: 13
Merit: 0
Why is einsteinium.org website currently down?

"Error establishing a database connection" Huh
hero member
Activity: 559
Merit: 500
That's exactly the situation I did point out before: if you weigh all PoW algos combined they're ahead of PoS. I guess doing a "PoW vs. PoS vs. PoW/PoS combined" poll would make sense. If PoW still comes out ahead just make a seperate poll for algos.

Would be kinda awesome if the result of those two polls would lead to 1. stay with PoW and 2. stay with Scrypt - eh? No hard fork required! Wink

I want to do what's best for the community and what our supporters, investors, and miners generally agree upon. For that reason, there will be another poll to solidify the change (or lack thereof).
You sir seem to be a fine dev. Makes me confident about my decision to become a holder of this coin again.
hero member
Activity: 658
Merit: 500
Actually I think its pretty easy to deduct from the poll that the majority wants a change. And which change is fairly clear too. Not sure why you really wanna bring in 2 additional polls.

Btw, as a disclosure, I voted X11. It didnt go my way, but I still see a clear winner here.
legendary
Activity: 1164
Merit: 1000
Einsteinium Foundation Board Member and Treasurer
ANNOUNCEMENT

I've created a new thread for voting on our new algorithm implementation. Please take into consideration all possibilities and cast your vote accordingly. The poll will last 5 days and I will announce the winner on both threads this coming weekend.

HERE IS THE POLL:
https://bitcointalk.org/index.php?topic=654552.new#new


Please feel free to quote this post and keep discussion alive so that we can make the most balanced decision for everyone. I know that there is no way to make everyone happy, but an open and democratic vote lasting 5 days should help alleviate concerns. Please let me know if you there any other mining options you would like me to add to the poll.

Thanks everyone!

Bumping the poll to make sure everyone gets their vote in! PoS has the clear lead here on Bitcontalk while 'Scrypt (No change)' is the clear winner on the Facebook poll. You can also cast your vote on Reddit here: http://www.reddit.com/r/einsteinium/comments/28bcu4/poll_vote_for_einsteinium_coins_new_algorithm/

Bumping the poll again, there's only a few days left before the decision is made. Our facebook poll is overwhelmingly leaning toward "No Change" while Bitcoin talk is leaning heavily for PoS. Which algo wins? YOU decide!

We Have a Winner!

It looks like EMC2 is headed for PoS people!

Even without weighting the votes from BTCTalk, PoS has won the majority user votes when calculating all voting channels. Taking BTCTalk as the primary voting channel (also promoted on twitter), it is clear what direction you guys want to EMC2 take!

BTCTalk: PoS (20), Scrypt (9)
Facebook: Scrypt (13), PoS (2)
Reddit: PoS (3), Scrypt (0)

Totals: PoS (25), Scrypt (22)

Thanks to everyone for voting! Now it's time we discuss implementation of the new PoS system. I'd like to hear member opinions here so that we can try to do what's best for Einsteinium. What do you think?



On BTCTalk only, x11 (3) , x13 (4), scrypt-N (4), Groestl (2), Qubit (2) so this is 15 people voting for a PoW algo add scrypt (9) = 24 vote to keep a PoW algo versus 20 to switch for a PoS algo.
I think that is trying to find a flaw where there isnt really. It is pretty clear that the mativation for voting was change or no change above anything else.

I'm not trying to find a flaw, i'm only pointing out that the result aren't enough conclusive to change anything right now. If PoS had 30 votes and all the other PoW algo together 29 votes. It would be clear that we had to switch to PoS but since it's not the case we can,t decide to switch to PoS when the community voted for more PoW algos than PoS alone.
Ok, lets we do a PoW vs POS poll. Lets say PoW wins, and now you need to make a poll for which PoW (which were all options in the first poll). You now have a similar poll with the cleae winner of the poll where ALL were an option, is now left out.

Doesnt make it much more logical to me.

Stick to what you did, making a poll and comming back on the interpretation doesnt give much confidence.

The poll is not clear enough to say if the community still want a PoW algo or PoS, we can't switch each month because there's a new hype. If we do a switch right now it have to be clear what the community want. We have to show stability and fairness towards the community if we want this coin to get bigger. ahumanbeingx did a great job by setting up a poll but the majority need to win in a fair way.
The decision have to be interesting for future investors and right now i don't think it is that way.
hero member
Activity: 658
Merit: 500
ANNOUNCEMENT

I've created a new thread for voting on our new algorithm implementation. Please take into consideration all possibilities and cast your vote accordingly. The poll will last 5 days and I will announce the winner on both threads this coming weekend.

HERE IS THE POLL:
https://bitcointalk.org/index.php?topic=654552.new#new


Please feel free to quote this post and keep discussion alive so that we can make the most balanced decision for everyone. I know that there is no way to make everyone happy, but an open and democratic vote lasting 5 days should help alleviate concerns. Please let me know if you there any other mining options you would like me to add to the poll.

Thanks everyone!

Bumping the poll to make sure everyone gets their vote in! PoS has the clear lead here on Bitcontalk while 'Scrypt (No change)' is the clear winner on the Facebook poll. You can also cast your vote on Reddit here: http://www.reddit.com/r/einsteinium/comments/28bcu4/poll_vote_for_einsteinium_coins_new_algorithm/

Bumping the poll again, there's only a few days left before the decision is made. Our facebook poll is overwhelmingly leaning toward "No Change" while Bitcoin talk is leaning heavily for PoS. Which algo wins? YOU decide!

We Have a Winner!

It looks like EMC2 is headed for PoS people!

Even without weighting the votes from BTCTalk, PoS has won the majority user votes when calculating all voting channels. Taking BTCTalk as the primary voting channel (also promoted on twitter), it is clear what direction you guys want to EMC2 take!

BTCTalk: PoS (20), Scrypt (9)
Facebook: Scrypt (13), PoS (2)
Reddit: PoS (3), Scrypt (0)

Totals: PoS (25), Scrypt (22)

Thanks to everyone for voting! Now it's time we discuss implementation of the new PoS system. I'd like to hear member opinions here so that we can try to do what's best for Einsteinium. What do you think?



On BTCTalk only, x11 (3) , x13 (4), scrypt-N (4), Groestl (2), Qubit (2) so this is 15 people voting for a PoW algo add scrypt (9) = 24 vote to keep a PoW algo versus 20 to switch for a PoS algo.
I think that is trying to find a flaw where there isnt really. It is pretty clear that the mativation for voting was change or no change above anything else.

I'm not trying to find a flaw, i'm only pointing out that the result aren't enough conclusive to change anything right now. If PoS had 30 votes and all the other PoW algo together 29 votes. It would be clear that we had to switch to PoS but since it's not the case we can,t decide to switch to PoS when the community voted for more PoW algos than PoS alone.
Ok, lets we do a PoW vs POS poll. Lets say PoW wins, and now you need to make a poll for which PoW (which were all options in the first poll). You now have a similar poll with the cleae winner of the poll where ALL were an option, is now left out.

Doesnt make it much more logical to me.

Stick to what you did, making a poll and comming back on the interpretation doesnt give much confidence.
legendary
Activity: 1164
Merit: 1000
Einsteinium Foundation Board Member and Treasurer
ANNOUNCEMENT

I've created a new thread for voting on our new algorithm implementation. Please take into consideration all possibilities and cast your vote accordingly. The poll will last 5 days and I will announce the winner on both threads this coming weekend.

HERE IS THE POLL:
https://bitcointalk.org/index.php?topic=654552.new#new


Please feel free to quote this post and keep discussion alive so that we can make the most balanced decision for everyone. I know that there is no way to make everyone happy, but an open and democratic vote lasting 5 days should help alleviate concerns. Please let me know if you there any other mining options you would like me to add to the poll.

Thanks everyone!

Bumping the poll to make sure everyone gets their vote in! PoS has the clear lead here on Bitcontalk while 'Scrypt (No change)' is the clear winner on the Facebook poll. You can also cast your vote on Reddit here: http://www.reddit.com/r/einsteinium/comments/28bcu4/poll_vote_for_einsteinium_coins_new_algorithm/

Bumping the poll again, there's only a few days left before the decision is made. Our facebook poll is overwhelmingly leaning toward "No Change" while Bitcoin talk is leaning heavily for PoS. Which algo wins? YOU decide!

We Have a Winner!

It looks like EMC2 is headed for PoS people!

Even without weighting the votes from BTCTalk, PoS has won the majority user votes when calculating all voting channels. Taking BTCTalk as the primary voting channel (also promoted on twitter), it is clear what direction you guys want to EMC2 take!

BTCTalk: PoS (20), Scrypt (9)
Facebook: Scrypt (13), PoS (2)
Reddit: PoS (3), Scrypt (0)

Totals: PoS (25), Scrypt (22)

Thanks to everyone for voting! Now it's time we discuss implementation of the new PoS system. I'd like to hear member opinions here so that we can try to do what's best for Einsteinium. What do you think?



On BTCTalk only, x11 (3) , x13 (4), scrypt-N (4), Groestl (2), Qubit (2) so this is 15 people voting for a PoW algo add scrypt (9) = 24 vote to keep a PoW algo versus 20 to switch for a PoS algo.
I think that is trying to find a flaw where there isnt really. It is pretty clear that the mativation for voting was change or no change above anything else.

I'm not trying to find a flaw, i'm only pointing out that the result aren't enough conclusive to change anything right now. If PoS had 30 votes and all the other PoW algo together 29 votes. It would be clear that we had to switch to PoS but since it's not the case we can,t decide to switch to PoS when the community voted for more PoW algos than PoS alone.
hero member
Activity: 658
Merit: 500
Honestly, you did a poll and should stick to it. Cant make polls until it suits some people best and then the next ones.

POS won in a pretty clear fashion. No other PoW algo really did any competition other than the one that conveyed "no change" more than the algo. The poll was pretty much (despite the intentions) a poll of change vs no change. Change clearly won, and within the change category theres a pretty clear winner.
RJF
hero member
Activity: 616
Merit: 500
Online since '89...
Out of fairness I'm willing to host another poll here on BTCTalk for PoW and PoS only. That should clear the air a bit and allow is to move forward with a clear winner. How does that sound?

Sounds like a fair option and, good way out of the current uncertainty...

Supporter - Investor - Miner
hero member
Activity: 658
Merit: 500
ANNOUNCEMENT

I've created a new thread for voting on our new algorithm implementation. Please take into consideration all possibilities and cast your vote accordingly. The poll will last 5 days and I will announce the winner on both threads this coming weekend.

HERE IS THE POLL:
https://bitcointalk.org/index.php?topic=654552.new#new


Please feel free to quote this post and keep discussion alive so that we can make the most balanced decision for everyone. I know that there is no way to make everyone happy, but an open and democratic vote lasting 5 days should help alleviate concerns. Please let me know if you there any other mining options you would like me to add to the poll.

Thanks everyone!

Bumping the poll to make sure everyone gets their vote in! PoS has the clear lead here on Bitcontalk while 'Scrypt (No change)' is the clear winner on the Facebook poll. You can also cast your vote on Reddit here: http://www.reddit.com/r/einsteinium/comments/28bcu4/poll_vote_for_einsteinium_coins_new_algorithm/

Bumping the poll again, there's only a few days left before the decision is made. Our facebook poll is overwhelmingly leaning toward "No Change" while Bitcoin talk is leaning heavily for PoS. Which algo wins? YOU decide!

We Have a Winner!

It looks like EMC2 is headed for PoS people!

Even without weighting the votes from BTCTalk, PoS has won the majority user votes when calculating all voting channels. Taking BTCTalk as the primary voting channel (also promoted on twitter), it is clear what direction you guys want to EMC2 take!

BTCTalk: PoS (20), Scrypt (9)
Facebook: Scrypt (13), PoS (2)
Reddit: PoS (3), Scrypt (0)

Totals: PoS (25), Scrypt (22)

Thanks to everyone for voting! Now it's time we discuss implementation of the new PoS system. I'd like to hear member opinions here so that we can try to do what's best for Einsteinium. What do you think?



On BTCTalk only, x11 (3) , x13 (4), scrypt-N (4), Groestl (2), Qubit (2) so this is 15 people voting for a PoW algo add scrypt (9) = 24 vote to keep a PoW algo versus 20 to switch for a PoS algo.
I think that is trying to find a flaw where there isnt really. It is pretty clear that the mativation for voting was change or no change above anything else.
member
Activity: 109
Merit: 10
The 1%~5% annual dividend of more appropriate
full member
Activity: 221
Merit: 100
"The only real valuable thing is intuition."
That's exactly the situation I did point out before: if you weigh all PoW algos combined they're ahead of PoS. I guess doing a "PoW vs. PoS vs. PoW/PoS combined" poll would make sense. If PoW still comes out ahead just make a seperate poll for algos.

Would be kinda awesome if the result of those two polls would lead to 1. stay with PoW and 2. stay with Scrypt - eh? No hard fork required! Wink

I want to do what's best for the community and what our supporters, investors, and miners generally agree upon. For that reason, there will be another poll to solidify the change (or lack thereof).
hero member
Activity: 559
Merit: 500
That's exactly the situation I did point out before: if you weigh all PoW algos combined they're ahead of PoS. I guess doing a "PoW vs. PoS vs. PoW/PoS combined" poll would make sense. If PoW still comes out ahead just make a seperate poll for algos.

Would be kinda awesome if the result of those two polls would lead to 1. stay with PoW and 2. stay with Scrypt - eh? No hard fork required! Wink
legendary
Activity: 1164
Merit: 1000
Einsteinium Foundation Board Member and Treasurer
Out of fairness I'm willing to host another poll here on BTCTalk for PoW and PoS only. That should clear the air a bit and allow is to move forward with a clear winner. How does that sound?

or we could do a something like a 20% PoW/ 80% PoS if it can be done but i'll go with the community if other people want a new pole, let's do it if not, let see our options with the results we have
full member
Activity: 221
Merit: 100
"The only real valuable thing is intuition."
Out of fairness I'm willing to host another poll here on BTCTalk for PoW and PoS only. That should clear the air a bit and allow is to move forward with a clear winner. How does that sound?
legendary
Activity: 1164
Merit: 1000
Einsteinium Foundation Board Member and Treasurer
ANNOUNCEMENT

I've created a new thread for voting on our new algorithm implementation. Please take into consideration all possibilities and cast your vote accordingly. The poll will last 5 days and I will announce the winner on both threads this coming weekend.

HERE IS THE POLL:
https://bitcointalk.org/index.php?topic=654552.new#new


Please feel free to quote this post and keep discussion alive so that we can make the most balanced decision for everyone. I know that there is no way to make everyone happy, but an open and democratic vote lasting 5 days should help alleviate concerns. Please let me know if you there any other mining options you would like me to add to the poll.

Thanks everyone!

Bumping the poll to make sure everyone gets their vote in! PoS has the clear lead here on Bitcontalk while 'Scrypt (No change)' is the clear winner on the Facebook poll. You can also cast your vote on Reddit here: http://www.reddit.com/r/einsteinium/comments/28bcu4/poll_vote_for_einsteinium_coins_new_algorithm/

Bumping the poll again, there's only a few days left before the decision is made. Our facebook poll is overwhelmingly leaning toward "No Change" while Bitcoin talk is leaning heavily for PoS. Which algo wins? YOU decide!

We Have a Winner!

It looks like EMC2 is headed for PoS people!

Even without weighting the votes from BTCTalk, PoS has won the majority user votes when calculating all voting channels. Taking BTCTalk as the primary voting channel (also promoted on twitter), it is clear what direction you guys want to EMC2 take!

BTCTalk: PoS (20), Scrypt (9)
Facebook: Scrypt (13), PoS (2)
Reddit: PoS (3), Scrypt (0)

Totals: PoS (25), Scrypt (22)

Thanks to everyone for voting! Now it's time we discuss implementation of the new PoS system. I'd like to hear member opinions here so that we can try to do what's best for Einsteinium. What do you think?



On BTCTalk only, x11 (3) , x13 (4), scrypt-N (4), Groestl (2), Qubit (2) so this is 15 people voting for a PoW algo add scrypt (9) = 24 vote to keep a PoW algo versus 20 to switch for a PoS algo.
full member
Activity: 221
Merit: 100
"The only real valuable thing is intuition."
ANNOUNCEMENT

I've created a new thread for voting on our new algorithm implementation. Please take into consideration all possibilities and cast your vote accordingly. The poll will last 5 days and I will announce the winner on both threads this coming weekend.

HERE IS THE POLL:
https://bitcointalk.org/index.php?topic=654552.new#new


Please feel free to quote this post and keep discussion alive so that we can make the most balanced decision for everyone. I know that there is no way to make everyone happy, but an open and democratic vote lasting 5 days should help alleviate concerns. Please let me know if you there any other mining options you would like me to add to the poll.

Thanks everyone!

Bumping the poll to make sure everyone gets their vote in! PoS has the clear lead here on Bitcontalk while 'Scrypt (No change)' is the clear winner on the Facebook poll. You can also cast your vote on Reddit here: http://www.reddit.com/r/einsteinium/comments/28bcu4/poll_vote_for_einsteinium_coins_new_algorithm/

Bumping the poll again, there's only a few days left before the decision is made. Our facebook poll is overwhelmingly leaning toward "No Change" while Bitcoin talk is leaning heavily for PoS. Which algo wins? YOU decide!

We Have a Winner!

It looks like EMC2 is headed for PoS people!

Even without weighting the votes from BTCTalk, PoS has won the majority user votes when calculating all voting channels. Taking BTCTalk as the primary voting channel (also promoted on twitter), it is clear what direction you guys want to EMC2 take!

BTCTalk: PoS (20), Scrypt (9)
Facebook: Scrypt (13), PoS (2)
Reddit: PoS (3), Scrypt (0)

Totals: PoS (25), Scrypt (22)

Thanks to everyone for voting! Now it's time we discuss implementation of the new PoS system. I'd like to hear member opinions here so that we can try to do what's best for Einsteinium. What do you think?

hero member
Activity: 658
Merit: 500
As Alphi has repeatedly said, messing up with the coin's fundamentals is the worse thing to do.
I remind you all that what the main reason of Bitcoin's value is: the fact that unlike with fiat money YOU CAN'T change the quantity of scheduled coins or the way they get produced.
If this rule gets violated, who would ever want to invest in a coin which you can't trust? Total coins may be lowered today, but who guarantees that when the mood changes tomorrow unexpected billions of new coins will be "created out of thin air" - just like fiat money? Once the fundamentals are gone, what's left is just only monopoly money.
Messing with quantity is a receipe to disaster. And those who want to change to PoS just because they own a lot of coins (I have a lot myself, by the way, and I like the idea of PoS, but I think it's not feasible now), could you please explain to me why people would come to you to buy them? Nobody would be able to mine them, only a bounch of people would be able to produce them by PoS, but I don't really understand who would ever suddenly wish to come and buy them from you.
Instead of trying to rise the PRICE of the coin through tricks, I'm inviting once again the community to focus on rising the VALUE of the coin, and the only way to do that is to focus on the reason to be of the coin and to try to get people of the scientific community involved, by accepting EMC2 or by using EMC2 for tipping. I'm doing my best to this extent, until now without much success since so many scientists are still so ignorant and suspicious about cryptocurrencies. But I'll keep on trying. If more people in the community will do the same at some point we will succed, and the VALUE of Einsteinium will rise. And the price will follow.
By the way, the price is recovering quite well even on low volumes, maybe the bottom is now behind us.

Well I think that changing the coin supply has never been in the equation and should never be. So that part is moot.

And about why people would buy your POS coin? This coin had a 6 month distribution vs those all new 10 days pow/pos coins.  (Since you seemed to imply that it would benefit people who hold some already, as with any other coin).
sr. member
Activity: 1148
Merit: 307
As Alphi has repeatedly said, messing up with the coin's fundamentals is the worse thing to do.
I remind you all that what the main reason of Bitcoin's value is: the fact that unlike with fiat money YOU CAN'T change the quantity of scheduled coins or the way they get produced.
If this rule gets violated, who would ever want to invest in a coin which you can't trust? Total coins may be lowered today, but who guarantees that when the mood changes tomorrow unexpected billions of new coins will be "created out of thin air" - just like fiat money? Once the fundamentals are gone, what's left is just only monopoly money.
Messing with quantity is a receipe to disaster. And those who want to change to PoS just because they own a lot of coins (I have a lot myself, by the way, and I like the idea of PoS, but I think it's not feasible now), could you please explain to me why people would come to you to buy them? Nobody would be able to mine them, only a bounch of people would be able to produce them by PoS, but I don't really understand who would ever suddenly wish to come and buy them from you.
Instead of trying to rise the PRICE of the coin through tricks, I'm inviting once again the community to focus on rising the VALUE of the coin, and the only way to do that is to focus on the reason to be of the coin and to try to get people of the scientific community involved, by accepting EMC2 or by using EMC2 for tipping. I'm doing my best to this extent, until now without much success since so many scientists are still so ignorant and suspicious about cryptocurrencies. But I'll keep on trying. If more people in the community will do the same at some point we will succed, and the VALUE of Einsteinium will rise. And the price will follow.
By the way, the price is recovering quite well even on low volumes, maybe the bottom is now behind us.
hero member
Activity: 658
Merit: 500
Won`t be long and emc2 will be back on the first page on coinmarketcap Smiley
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