Topic: [ANN]FREEDOMCOIN - Yobit - page 4. (Read 46872 times)

Thanks "MoonBoy" for removing any remnaing doubt there might be about your sanity.
Ever heard of throwing stones in glass houses?
This was way beyond a stone, you just fired a bazooka in your little glass house.

 

Hilarious

https://bitcointalksearch.org/topic/m.14228711

This is not btc and btc was the first coin ever. You seem like the most useless dev in the last year. Making a statement that it can take years for FreedomCoin to be worth something.

Did btc run an ico, yes or no Placebo?

Maybe it is time that you stop hyping other coins and concentrate on your own project, with respect most I ico coins do not take years to develop.

The bottom line is you lied to each investor who bought into your ico.

No offense placebo but your known for running some sketchy ICO escrows, what exactly are you doing to advance this?

I still try to get something achieved here... just don't sell your coins. BTC took years before it move up a little. This maybe will also take years to move up, but selling at current levels is ridicules.

I don't think he has planned it to be this way. Most probably things turned to be harder than he expected, and he postponed this, focusing to more promicing opportunities at the moment.

It's been dead since he pocketed the ICO money.
But then what were we actually expecting from this little scammer.
Us buyers were all kidding ourselves, he was the only one who knew what he was doing.

Think we can just agree that this cat is dead?

Aye, I'll be honest I don't run the client all the time.
Keep forgetting since there is no reward whatsoever for keeping it open.

Interesting research. Based on that, the best approach here would be to keep the regular interest rate at 1%, but on top of that add fixed rewards of not very big size (so they cause about 4% of yearly inflation). This will ensure there are at least few persons leaving their wallets staking all the time, and chain will move well. If others are not willing to do the same, its ok for them to get practically just 1% yearly rewards, while the ones who support the network will get much more (depending on how many people will join).
The rewards structure in that case will be similar to masternode-enabled network rewards actually... but with added bonus - the wallets will move the network unlike regular masternodes.

The goal - network running smooth - will be reached then.

I'd say it does give more incentive to do so but does not necessarily has an impact. For one the effect depends heavily on how much reward is paid of course.

Then some things I noticed: Interest based rewards work well if there's quite some community interest in the coin. If not there is the problem that, especially with no or a high max age cap, people tend to do one input, let it age and stake it once for the interest in the max age period or week. There is no incentive to stay online because more stakes just result in the same reward in more smaller chunks instead of a bigger one.
Fixed block rewards work better in this situation because every block counts, if few people are there the better for the single one since quite few coins are enough to reap quite an impressive return. But unless the block rewards are quite high it doesn't drives a hype as well since with lots of people staking the amount appears less attractive compared to the amount of coins needed to get blocks regularly whereas interest based rewards scale up and even with getting a block just now and then it makes up with delivering a higher reward (and the wallet can be offline for some initial maturing/aging).

I'd suggest to raise the reward slightly and perhaps pay a small fixed base block reward with the interest based reward on top.

Edit: The coin is based on a hybrid code. Is it disabled or can people solo mine some zero reward PoW blocks to push the chain?

That is a question to found out if more people will stake to secure the network.

This is the question for the comunity?
My opinion it will have impact.

Will increasing POS rate result in more people staking?

ok, mine are 500. then i will make them a bit smaller

Chunks don't have to be big actually. In case when not much people are staking, I think even small chunks have good chances. But I am not sure how the difficulty works in case of PoS. In case of PoW coins, when some big miner increases the diff, then leaves the network, small miners have to spend days or weeks to resolve a single block... Not sure if something similar could happen in case of PoS.

Anyway, I split them by blocks of about 100-200 coins.

maybe not everybody has enough coins, to make 10-20 chunks. how big are your chunks? maybe we can optimize it over all stakers.

As the network have finally moved (congratulations!! ), I am splitting my coins to have more staking inputs. I would recommend everyone do the same, to prevent chain from stopping again. All we need to keep the blockchain running is just about 40-60 staking inputs, so if evertone makes sure he has 10-20 inputs, the chain will move flawlessly. If someone is unsure how to split coins, just ask here for instructions...

As Placebo plays deaf and prefers not to notice the "incentive" request in every second post in this thread, the coin holders have to help themselves somehow

Yes 1% PoS for me is pretty low and because of that this coin isn`t tempting for staking.

if the price goes down to 10% of ico price, you can't blame the people for getting their coins to exchange, hoping to sell them with a minimized loss.
1% interest needs really long to cover a loss of 90%