Topic: [ANN][MZC][SHA-256] MAZACOIN *First Sovereign Currency* ANDROID WALLET AVAIL.!! - page 5. (Read 278477 times)

Maza has a lot going for it, but the focus needs to shift from "mazacoin as currency for many tribes" to "each tribe has its own currency and mazacoin helps those economies develop".

The best model is probably a currency for each tribe, distributed initially only to fluent speakers from those tribes, with a secondary, much smaller distribution, to tribal members who don't speak the language.

There is a lot of politics and profiteering everywhere, including amongst tribes, so nobody should jump on any  bandwagon without examining things first.

It's really hard to "kill" a coin, but there are dead coins worth way more than Maza is, so saying that the story is used to boost price is a little ironic. Adoption may not be widespread but it takes time and there is real involvement.

I just bought some of these coins because i like what it is all about but after reading this thread im worried just like the above poster that it may not be used for what it is intended for just quick profits. I have hope and belief that the disenfranchised will become the leaders of the earth one day and i believe cryptocurrency can aid in paving that road, but that is simply a belief and i keep my eyes and ears open always looking for what is coming on the horizon.

With that said i wish good luck and blessings to this coin and what the creators hope to accomplish that would be an amazing tale

I agree that if it does what it claims then it would be useful. My point is that it seems the same as any PoW coin with a long history. It is only using the tribe coin story to boost price without any evidence of adoption by tribes.

If Maza focused on helping tribes establish and secure their own currencies then it would be a useful coin supporting Native interests.

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It used to be that humanity benefited from "melting pots" where cultures were forced to assimilate and be destroyed. That allowed a lot of global development etc.

Now we are moving in the other direction and isolated groups that have developed their own traditions must be left to survive independently.

Mazacoin has a good concept, a Native economy, but too many of its supporters are distracted by profit, speculation. Some people need to decide whether Maza should be a coin for short term profits or a coin whose goal is to support more authentic local Indigenous economies.

One video is not enough evidence to do anything legitimate for this coin. Where did you get your info about Vice? Maza markets itself as "a cryptocurrency network for all sovereign tribes" but it is decentralized and the price can be manipulated by anyone. Especially by a whale with nearly 10% of the circulating coins and a market that is extremely illiquid.

This is an old PoW coin with a long history which is good to see. Having an Android wallet is a cool feature that many older, low marketcap coins do not have. The high number of Github commits by many different contributors might make it seem like there is a strong community but that is because it was forked from Bitcoin. Overall, there is nothing that makes Maza stand out other than its claim as a crypto for tribes and I can't see much value in that.

Most people who own Mazacoin are supporters of Native interests but are trying to make a profit from that, which is fine as long as they see that.

For a coin to be genuinely helpful to a tribe it must be distributed to that tribe primarily, and new coins should arrive mostly to members of the tribe.

A solution previously mentioned is to have proof of stake coins that have a balance that cannot be spent, but can generate interest. The only coins that would leave the economy initially are coins spent by buying from outsiders or coins sent to an outside exchange for trading to other coins.

One of the big issues facing some tribes is decline in speakers of their language, which ultimately forces assimilation and the death of the culture. Coins made by tribal groups and distributed only to speakers of their language would do more to maintain local culture than any of the so called emergency measures done by politicians for example https://www.upi.com/Top_News/US/2018/03/22/Alaska-lawmakers-declare-linguistic-emergency-to-save-states-native-languages/3881521774312/

Mazacoin could have a significant place outside local tribal economies, as a separate reserve currency or something else. But anybody who promotes it as a tribal currency is making a mistake.

I am not Native, but I do follow enough issues to know that soon it will be strongly in everybody's interests for Natives to have their own currencies which they control. The United States dollar is like a Halloween turd with a firecracker in it. When it explodes there have to be other currencies available. For a lot of complicated reasons it is in the best interests of everybody, including non Natives like myself, to have a strong economy centered in Native interests and not derived from the U.S.

Admin must change the initial topic to the relation of the accepted exchanges, since I tried to locate this coin in poloniex, but it seems that it was deslisted

Due to the pseudo-anonymity of the coin, how can we tell who really controls it? This is part of the issue in my opinion.
It could also be a tribe member who wants to remain secret that own either those 85 M or the ~8% at the top address.

But I also agree that control is important since it is somewhat the whole purpose of the coin, otherwise tribes could just use Bitcoin.
Apart from ownership, any minority hash coin also has the possibility of being attacked by miners. So I'd like to hear of possible solutions to both of these issues.

That wallet has 85 million mzc now.

There are two very different competing interests.

a) There are investors, speculators, who want to make money selling the coins later. Most mzc are in the hands of speculators.

b) There are some Natives trying to solve issues by developing their own economy.

I do not want to start a shitstorm abut badmouthing a coin or whatever but there is a very big difference between the economy of a tribe that controls its currency and another that does not control its currency.

There just is no way to justify promoting a Native economy around a coin that is not controlled by Natives. Who can argue against that? I gave a substantial amount of my mzc to help cover the premine and have given some to various people. It won't be Natives who benefit from that, it will be whoever owns 85,000,000 mzc.

Many solutions, but maybe mzc should be used as a reserve or side currency to support more authentic Native currencies.

There is nothing wrong with ambition and greed, in its place, but if a person is actually interested in helping Natives develop a healthy economy then the problems with mzc should be addressed directly. The whale can buy up all the coins and drive them to the moon, and he or she will make a fortune, which is fine but has nothing to do with helping the Sioux nor any other tribes.

Have a look at the 3 month chart of MAZA, and then tell me it's not a big buy signal!

Multipool.us seems to be the only pool that I've seen having so many orphans.  How are the connections into the network?  I'm not seeing the blocks claimed as orphans hitting the network as a fork so seems they are hitting the network delayed behind the block that was accepted.  But with profit switching pools coming on and off when difficulty changes I'm not surprised that there could be more orphans during the low difficulty periods when large amounts of hashrate move onto the network.

Are you guys planning to do somthing to address the orphan issue?

Mixed feelings about the huge wallet on Cryptopia.
While it is great that someone is accumulating coins, if that person is not willing to get involved with moving the coin forward such as funding development or marketing efforts, then it's less likely that other people will help for free. Since they would essentially be working for free for the big holder moreso than for themselves or the greater community. AFAIK, most of the people actively doing work are not Maza whales and would have a small fraction of what this whale has

also the BIG NEWS, the Great Sioux Nation have adopted Mazacoin as their currency, they are applying for recognition from U.N as well and this may help
video here
again, bad quality sound etc, but was done on fly on reservation
no pretty graphics and vaporware for the icomonsters I'm afraid   just a decentralised sovereign cryptocurrency

https://www.youtube.com/watch?v=EXRrKgQZpOA

HUGE news but don't expect to see it on cointelegraph or coindesk, the centralised cryptomedia

Vice are looking to run an article though

again join the telegram channel
no pumpers/dumpers . just news, development, ideas, discussion, friendships

we like you to help MAKE the news

coders, designers, graphic artists, crypto journalists especially welcome
https://web.telegram.org/#/im?p=@mazatribe

remember Native American people are not braggards, they are always understated and thoughtful people so don't even post here or twitter really about developments so i'm updating people

which should mean this very soon:

that big wallet holding is consolidating more and more Maza,
now on about 10% of current supply!
currently only exchange so chunks to accumulate

up to over 100 MILLION!



I have been watching this and still sold a chunk in 20's!
like an idiot, but rent needed paying

anyway, imho we're going up, we won't be revisiting those levels unfortunately
classic cup and handle pattern formed

...all looks well, except the wallet is not syncing since a few hours.

"No block source available" it say's ...

...anyone....anyone...Bueler?

edit:
...is working again after a few hours.

CLOUDMINT.NET MINING POOL

I have setup a new Mazacoin mining pool and would love for users to make use of it.

http://cloudmint.net/

It's based in South Africa to help all the miners in Africa with a low latency option. Will be running it with 0% fees for the first few weeks and thereafter will change 2% in order to cover the running costs.

Simply point your miner to stratum+tcp://cloudmint.net:3334 with your wallet address as your username.

Payments are processed every 24 hours. Any feedback is welcome and please PVT me if you would like other coins added.

here's the Brock Pierce/Payu tweet
https://twitter.com/kimitsucapital/status/961607882457468928

here's the telegram group, let's get as many members as possible. is a great community, with no pumping talk, just dev talk and what people can do to grow coin
https://web.telegram.org/#/im?p=@mazatribe