Topic: [ANN][PHS][50% PoS ONLY!] PhilosopherStones | ACTIVE Dev! | ~64% Yearly | - page 29. (Read 69881 times)

An extra exchange would be nice indeed! But which one should we target?

VladK
- It's great to see your interest in developing services on PHS!!
- What is the "nothing to stake problem"? the fact that you need PHS to start earning interest?
- Changing the size of the message is a good idea if it's for good/interesting services. If not:

• if it has a small impact on blockchain size - fine that makes no difference
• if it has a sizeable impact on blockchain size, I don't think it's a good idea. PHS works because many people stake, a big(ger) blockchain may be a hurddle to installing/using the client/staking

I think it`s not just a little.

what about another exchange, mates? I'm worried because cryptsy a little sick.

Yeah we are still alive im coming here from time to time to watch if i need to download a new client or something, but its the only coin where you have to do nothing than staking silently and i really like it
The bad thing is, that its only been traded on cryptsy, i just hate theese market since the new tier-rules and their damn withdraw problems .

On MintPal we where short before getting added but than it was a scam ...
Is there any way to integrate PHS on some kind of de-central market maybe?

Greetings

thanks for you replies to my questions.

This coin seems to have a lot of nodes active which is a good sign.

I like the coins name and i like the fact it has been around for so long.

The interest rate seems very high but i guess that depends how many people are staking .

POS3 seems a very good way to ensure people keep the network healthy.

Anyway I'm keep hold of my phs for now and hope the community will grow over time.

Hi.
Current client code has no rules that would lower the interest rate. Palmdetroit is active and visit this thread regularly
and he already assured that  it's easy to implement these rules that would reduce interest rate later. I guess we need to come
to common terms on what these rules should be.

It's hard to say how many members this community have, most people just mint and wait for prices to go higher on the next
cripto hype. I think it's a good idea to make a poll about what scheme to use to lower the interest rate and invite people
 to the poll via alert system in the client. It will show how many active people here and what the majority thinks.

POW finished totally more than a year ago.

There is no any plans to move to POS3 as far as I know. And I have doubts that Palm would implement changes that
 requires lot of work if price of PHS won't go higher.

how long does the 50% or 64% interest carry on for? this does not sound sustainable long term

also is POW finished totally now?

will this coin move to POS3 in the near future? like black?

I collect a lot of POS coins.

How many regular members does the community have?

Is the dev palm detroit quite active and visit the board quite a bit?

PHS has been one of my go to coins since July of 2013, minting about 15-25 a day now. Always been nice and stable, and the qt looks nice and works good compared to some.

can't believe this oldie but goodie is still going.... mined a nice bit of this way back. may have to open her up and see whats stakes I'll get

wow healthy network too.... lots of connections. This is a nice blast from the past.

Low prices are great opportunity to get in, as well to start discution about Philisipher's Stones future.
Because staking is the only way to get new coins  it's obvious that 50% staking rate is great for now and will be sustainable for few years to come. We can easily grow 50% every year from users base we have now.
But at some point in the future it will  eventually become unsustainable.
And my argument is that we should have sane plan for the future, implemented in the code. Because it's very hard to market Philosopher Stone now when its future is not clear.
Whether we would half rewards every 4 years till they become 4 or 2% with compounding and can be easily offset with transaction fees. But in this case the whole amount of money supply would be unpredictable. Or we would half reward when we get 10m, 15m, 17,5m coins etc, to have about 20m coins in the end for easy value comparison with BTC. Or something completely different. But it should be coded into the client, so we could put all these sexy charts of money supply to marketing sites and pdfs.
Another question about every POS only coins is "nothing at stake" problem. I have not enough technical knowledge to give well informed opinion about this, and I personally think this problem is exaggerated but for marketing reasons we should give some reassuring solution to this, so this is question to Palmdetroit, what he thinks about, what is the best way to reassure potential PHS byers.
And the last question. PHS can store any information as transaction message but only 140 bytes. FlorinCoin was forked later to have more than 500 bytes messages, is it hard to do the same with PHS? I'm PHS fan and web developer who interested in building services that use PHS and not only web wallets but something more interested like twitter like service that use PHS blockchain as a storage, or something like this, but I'm not experience enough to really dig into C code and understand how the client works on the low level, I would prefer to work with phs daemon via rpc.

Dunno but PM me if you have an offer cause I'd love to put something in there lol But ya I'm quite frequently on BCT all the time in all the threads so it definitely would be worth someone's BTC to have their signature there lmao Cheers

NoobKid how much are you asking for the space in your signature? It looks like a terrific marketing investment

Thanks I just wanted to make sure that everything in the OP was up to date cause sometimes with these older coins the wallet downloads aren't completely up to date Cheers

You can find the link in the OP 

So PHS is strictly POS then and is only traded at Cryptsy? Also what is the latest windows wallet that is used? Thanks

launched in 2013... 1st wave of coins
$380 trading volume over the last 30 days...

64%
how could you estimate PHS supply over the next 10 years?
the information is needed for http://alt19.com/19/cryptocurrency.php
thanks

http://54.148.124.35:2850/

old one but seems to work.



I know Presstab was a developer on some PoS coins, I'm guessing same guy?  If someone wants to ask him to add it, great.  Also if he or another dev is interested in working on the PHS code , as long as community thinks is a trusted developer, I will support, as I would like to see PHS taken further just difficult to find the time atm.

block explorer seems broken.

Can we add PHS to presstab.pw site?

And another few - enjoy!