Topic: [ANN][KARM] Karma / ₭ / X11 - page 285. (Read 583278 times)

Take a deep breath. We're all in this together. (Together we stand, divided we fall!). If you want to express what's on your mind you can always send a PM to any of us, saving the community any negative vibes which does not help anyone or Karma itself.

I hope you'll get through nicely from whatever personal issues you're having atm. Sleep is indeed our friend.

What is your twitter account?

It may be the lack of sleep and other issues going on in my life right now but I'm pretty annoyed at how this has been handled.

Hi easteagle13!

I have nothing personal with you or with the KARMA's Team, I simply didn't received that bounty.
I understand that are others persons in my situation.
My address it is the same ( K9BHMZ3mMZh8qrCYJ6ffTcddEBjMCKKSXE ), I can't remember how much was that bounty.
My best regards,
Crocko

Lol I'm sure you had no idea that was coming...

Well you did something I wasn't really expecting based on announcements, you closely missed what I think is best.

Like:
-Pegged against gold (or similar, I can't imagine a better peg)
-Variable interest, depending on how it works exactly
-Can buy KARMX during PoW

Dislike:
-Merged mining (any mining) to get it started
-We are using a potentially less valuable PoS system by market cap to help secure a more valuable by market cap PoW system. It isn't just an added security measure, it can lock in abuses. It is like if Bitcoin were to decide to use Blackcoin to implement check pointing. Why can't people who hold Karma directly secure Karma directly? My coin holdings (lets say 1 billion for arguments sake, which it is not the amount I really hold) would be a much better protection than somebody that mines or cheaply buys KARMX on an exchange - who could theoretically buy them for a fraction of my holdings. KARMX could become worthless just like any another coin unless you can always trade KARMX back into Karma at a set rate and rebuy at a set rate, however you may just end up with nobody holding KARMX or KARM. You are far more likely to have nothing at stake on KARMX than KARMA.

I hope PO* is something to do with actual KARM holdings. If it is releasing that as 3 out of 2 announcements is foolish because there could be billions of Karma on the market before you have a chance to announce it.

I hope people doing trades for 100s of Litecoin don't know the 3rd of 2 announcements.

I will not buy KARMX to secure KARM, that is an unreasonable expectation.

We are looking at a catastrophic mistake if done poorly and a big mistake if done correctly, with the level of mistake centering around how little or much KARMX is involved in securing KARM. Luckily you left out Karmashares so nothing can go wrong in that respect.

Great news!

Thank you for your help. I manage it my way
The old wallet get synched (after 1h). I install new wallet and just send coins from old to a new wallet. Everything went ok.
Thanks everyone
 

Hi crocko , you followed me in twitter for a certain bounty, can I ask which one is it? So I can check If I have indeed overlooked paying you. Thanks.

BTC is on the horizon! But first, we need to add some additional security features to help guard against a variety of attacks. That is our priority now for the continued health of the coin, especially as we move back into our BTC pairing. We've already begun work on it and will likely be finished in a couple of weeks (with a good lead time for exchanges and miners).

If we're trading on BTC we expect a TREMENDOUS amount of volume compared to where we are now. This also means additional security measures are needed from what we have. If we don't fork soon then we risk someone else forking the coin for us, which nobody wants. (And nobody wants 200 confirmations just to move money around.)

The second announcement is coming shortly. Writing it now, but we've already hinted at it in the first announcement

Thanks. Based on previous comments that were made and in particular reading into what I just quoted from you. I guessed 40% chance of what I commented on above, 40% chance of what I want and 20% chance of something I never even thought of. I'm probably underestimating the what I never thought of but I'm always confident.

Hello!
I am back and here it is my address: K9BHMZ3mMZh8qrCYJ6ffTcddEBjMCKKSXE
I will donate the entire amount to TPB (IMHO this is a good cause) if KARM will worth something on the BTC market.

These announcements are not about Karmashares, but Karma coin  

What makes you think it has anything to do with Karmashares?

X11:
Good.

Automatic Checkpointing to prevent transaction rollback via 51% attacks.
Great if done correctly, could be catastrophic mistake if not.

Time Travel limitation to reduce the ability for attackers to try and force on old or too-new blocks to change difficulty adjust behaviour.
Excellent.

An improved retargeting solution in Nite's Gravity Well. This will allow us to respond quickly to hash rate changes and recovery from high difficulty. This will also help prevent against multipools abuse.
Excellent.


I hope if there is a "side chain" that is meant to be checkpointing Karma it isn't Karmashares under any algorithm or combination thereof (being PoS+PoW or whatever) because that would be a catastrophic mistake if done poorly and a big mistake if done correctly.

Just making Karmashares PoW or PoS or anything in itself could be a major mistake.

Even making Karmashares easily tradeable could be a big mistake.

I will not post why nor answer why by private message. I'm already shooting myself in the foot enough by posting this in the vain hope that it can avert problems before they arise.

Yes this is worth posting even if it is highly confrontational.

Chargin.

they are the same coins, you just need to update to the latest wallet software in order to spend them.

exactly, this will give the exchanges the confidence to give us our btc market back.

This is extremly important and it's not getting the recognition it deserves. We're putting a lot of code to strengthen the network. Tons of system defense to minimize any exploit. Put an end to time warps and cut off the code from releasing faster blocks.

From the P2pool page:

"I have received 22 mio karma in donations that will be used to pay a 20% bonus reward to miners.
 This means you should see a 20% increase in your payouts until the donation runs out.
 At the current rate we will have bonuses for the next 20 days (July 15th). "

My wallet has been receiving the 20% from the gitgo. When I look at the payout on the mining site, sometimes its dead on 20% with same block number sometimes a few numbers away, sometimes not there at all. I dunno. sort of bouncing around.
Not here for the 20% Just like mining the coin.

Cheers!