[ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread - page 109.

Nullu

hero member

Activity: 532

Merit: 500

Quote from: moonmoon on February 18, 2014, 11:25:53 AM

The reason you don't see PoS implemented more is because it is a lot of modding to the out-of-box bitcoin code to do it. You could take something like PeerCoin I guess and base it on that. But, its a little more complex to implement it.

I would say we can keep PoS on the table as an option, but further down the road once we get the current Qt wallet updated and the new advanced wallet out the door. Need to space these major features out so we have realistic time for development ;-)

So, the question for the community is how would you like to adjust the block reward algorithm to encourage continued mining.

We could bump it back up to 180 coins, or 360, for a longer period of time?

Let's tackle the block reward first.

Do you know what would be really cool? To play into the idea of particles..

Change the block reward to the atomic weight of a random element from the periodic table each day. Only once for each one. Shuffle a list then each block record is the next atomic weight on the list. Then those who keep track will be able to "guess" what the next block reward will be by which atomic weights are left from the periodic table. Once all the elements have been cycled through, shuffle the the list and start again.

Pick one element to always start from. That will be the signal that the cycle has started over again. Particle would both be unique, interesting, and for those that want to play the game, they work out when best to mine Particle. Or they could always mine it and get an average reward over x amount of blocks.

Just a thought.

https://www.webelements.com/

qbd1313

sr. member

Activity: 332

Merit: 250

great

moonmoon

full member

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The reason you don't see PoS implemented more is because it is a lot of modding to the out-of-box bitcoin code to do it. You could take something like PeerCoin I guess and base it on that. But, its a little more complex to implement it.

I would say we can keep PoS on the table as an option, but further down the road once we get the current Qt wallet updated and the new advanced wallet out the door. Need to space these major features out so we have realistic time for development ;-)

So, the question for the community is how would you like to adjust the block reward algorithm to encourage continued mining.

We could bump it back up to 180 coins, or 360, for a longer period of time?

Let's tackle the block reward first.

lemfuture

hero member

Activity: 686

Merit: 500

Quote from: kikeda on February 17, 2014, 12:25:47 PM

Quote from: alxcoiner on February 17, 2014, 11:08:35 AM

It is great, that it possible to implement POS.
As we all talk about promotion, implementing POS can be something big with a lot of interest.. like 2nd big start or second level of coin evolutioning. Of course, for now almost everyone can mine some coins and POW is more than enough, but in the meantime, when cap is rising so far, POS can be good locomotion for stimulating people to buy amounts of PRT. Well, they can do it anyway, but, you know, when you bought some money and they work for you - it`s a good illusion and NXT coin all depend on it. So, such stimulation in future can give us best from both worlds. Also, there is none, or a very few coins with CPU only POW + POS. So, it is good to be unique $)).

Also, with wallet implementation, people are right - better less changes and frequent updates. People think that something happens - it seems, this psychological "illusion" support great beliefs in them.

And kids )) IT would be nice something, that let kids to use PRT... For example - parents buy coupon code in app store with some prt for use in kid`s application.

+1 im sure it will help particle in the long run, since the only way to move upwards is for particle to get creative.

im big fan of pos. i sure hope this'll be implemented

dyask

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Activity: 854

Merit: 510

Quote from: alxcoiner on February 18, 2014, 07:01:01 AM

Quote from: William Brok on February 18, 2014, 06:47:25 AM

Dykask,
You seem knowledgable so I'm asking...
If PRT's PoW algorithm is quark, why is PRT GPU mineable?

Because someone wrote smelterMiner... But it is questionable thing and for quarks only. At least, it was... What exactly used for PRT GPU mining? I found nothing...

I'm glad you answer that questions! I haven't dug into the mining code for the quark ... but in general the idea behind scrypt was to prevent GPUs from being used. Programmers are often very clever.

alxcoiner

newbie

Activity: 10

Merit: 0

Quote from: William Brok on February 18, 2014, 06:47:25 AM

Dykask,
You seem knowledgable so I'm asking...
If PRT's PoW algorithm is quark, why is PRT GPU mineable?

Because someone wrote smelterMiner... But it is questionable thing and for quarks only. At least, it was... What exactly used for PRT GPU mining? I found nothing...

William Brok

newbie

Activity: 1

Merit: 0

Dykask,
You seem knowledgable so I'm asking...
If PRT's PoW algorithm is quark, why is PRT GPU mineable?

^^^^^^^
| ≤≥ |
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|-------|

coinrudar

newbie

Activity: 56

Merit: 0

Quote from: ssshhh on February 17, 2014, 02:52:03 PM

A new article written about Particle!

http://tuckfheman.com/post/76832407935/particle-a-cryptocurrency-with-advanced-wallet

and after this value is going up Wink

check the charts

boristown

newbie

Activity: 15

Merit: 0

New QT wallet tonight? Grin

fxtt1040

newbie

Activity: 46

Merit: 0

Quote from: moonmoon on February 17, 2014, 07:02:05 AM

It's possible to add POS at any time... but, it does also add a fair amount of complexity to the wallet code. Maybe something to think about longer term.

I took a stab at tweaking the reddit CSS: http://www.reddit.com/r/particlecoin/
It's not great but a start.

It seems the blogosphere is starting to get interested in Particle now, based on my inbox, getting a lot of requests for info, backgrounders etc. for articles and posts. Very cool!

I'll be tied up most of the day today, but will have an update later tonight.

Thanks!

What about today's wallet？

ann_newcoin

newbie

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oh yeah

Hilux74

legendary

Activity: 912

Merit: 1000

I don't think it will be long before Particle (PRT) is trading at z4 levels to BTC (ie 0.0000x) and at strong volumes.

ssshhh

sr. member

Activity: 336

Merit: 250

A new article written about Particle!

http://tuckfheman.com/post/76832407935/particle-a-cryptocurrency-with-advanced-wallet

kikeda

sr. member

Activity: 364

Merit: 250

Super Smash Bros. Ultimate Available Now!

Quote from: alxcoiner on February 17, 2014, 11:08:35 AM

It is great, that it possible to implement POS.
As we all talk about promotion, implementing POS can be something big with a lot of interest.. like 2nd big start or second level of coin evolutioning. Of course, for now almost everyone can mine some coins and POW is more than enough, but in the meantime, when cap is rising so far, POS can be good locomotion for stimulating people to buy amounts of PRT. Well, they can do it anyway, but, you know, when you bought some money and they work for you - it`s a good illusion and NXT coin all depend on it. So, such stimulation in future can give us best from both worlds. Also, there is none, or a very few coins with CPU only POW + POS. So, it is good to be unique $)).

Also, with wallet implementation, people are right - better less changes and frequent updates. People think that something happens - it seems, this psychological "illusion" support great beliefs in them.

And kids )) IT would be nice something, that let kids to use PRT... For example - parents buy coupon code in app store with some prt for use in kid`s application.

+1 im sure it will help particle in the long run, since the only way to move upwards is for particle to get creative.

publicjud

legendary

Activity: 1120

Merit: 1003

twet.ch/inv/62d7ae96

PoS is a good model that I had suggested some time ago. I don't understand why more coins don't implement it.

alxcoiner

newbie

Activity: 10

Merit: 0

Quote

Can switching to POS solve our problem with mining PRT( low hashrate, little amount of miner) ?

It is about "today" (personally, I didn`t see such problem, or didn`t understand it

POS may help, when POW for average user becomes unreacheable. Anyway such addition make sense in long time term, for example, when 2/3 all PRTs are mined.

needmoreprofit

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Activity: 83

Merit: 10

Quote from: moonmoon on February 17, 2014, 07:02:05 AM

It's possible to add POS at any time... but, it does also add a fair amount of complexity to the wallet code. Maybe something to think about longer term.

I took a stab at tweaking the reddit CSS: http://www.reddit.com/r/particlecoin/
It's not great but a start.

It seems the blogosphere is starting to get interested in Particle now, based on my inbox, getting a lot of requests for info, backgrounders etc. for articles and posts. Very cool!

I'll be tied up most of the day today, but will have an update later tonight.

Thanks!

Can switching to POS solve our problem with mining PRT( low hashrate, little amount of miner) ?

alxcoiner

newbie

Activity: 10

Merit: 0

It is great, that it possible to implement POS.
As we all talk about promotion, implementing POS can be something big with a lot of interest.. like 2nd big start or second level of coin evolutioning. Of course, for now almost everyone can mine some coins and POW is more than enough, but in the meantime, when cap is rising so far, POS can be good locomotion for stimulating people to buy amounts of PRT. Well, they can do it anyway, but, you know, when you bought some money and they work for you - it`s a good illusion and NXT coin all depend on it. So, such stimulation in future can give us best from both worlds. Also, there is none, or a very few coins with CPU only POW + POS. So, it is good to be unique $)).

Also, with wallet implementation, people are right - better less changes and frequent updates. People think that something happens - it seems, this psychological "illusion" support great beliefs in them.

And kids )) IT would be nice something, that let kids to use PRT... For example - parents buy coupon code in app store with some prt for use in kid`s application.

lemfuture

hero member

Activity: 686

Merit: 500

tyt moonmoon

BrienLai

newbie

Activity: 12

Merit: 0

Quote from: ycm82 on February 17, 2014, 07:41:52 AM

Quote from: moonmoon on February 17, 2014, 07:02:05 AM

It's possible to add POS at any time... but, it does also add a fair amount of complexity to the wallet code. Maybe something to think about longer term.

I took a stab at tweaking the reddit CSS: http://www.reddit.com/r/particlecoin/
It's not great but a start.

It seems the blogosphere is starting to get interested in Particle now, based on my inbox, getting a lot of requests for info, backgrounders etc. for articles and posts. Very cool!

I'll be tied up most of the day today, but will have an update later tonight.

Thanks!

Hi, Moonmoon,
I am a loyal supporter of the PRT and holders of PRT, and one of the regional PRT head of marketing in China, many

marketers think: now differs from the new version of QT wallet purse as soon as possible, and released as soon as possible

. First public release as soon as possible with the most basic function of a new wallet, and then gradually modified in wallets, wallet has revised and

improved at a time when publishing a new version of the wallet. What are the benefits of doing so? Let people see the PRT

has been advancing, let people see Moonmoon has been working to promote PRT, efforts to improve the wallet, PRT supporters

feel more confident and able to attract more people to participate in the PRT market. Wallet delay if new releases, a lot of

people would think that PRT only months, flowers in the mirror, the markets will lose confidence in the PRT.
Now virtual currency market overall downturn, and many virtual currency abound, PRT to wanted to go in other virtual

currency of front, on need show more highlights, on need has more big of positive to support, now PRT in China of promotion

to has most important of stage, we need a positive to support promotion, such to promoting PRT in BETER/era network platform

on-line trading, has most basic function of new wallet of public released is we most need of support points.
Finally, the summary for a bit, first public release as soon as possible with the most basic function of a new purse, then

gradually modified in your wallet, this is now the most important thing, which is now the market needs the most!
Thank you.

It seems this China marketing leader used google translator to make his points. Let me take a summary:
Simply put, either promotion or prevent people losing confidence in PRT is to release the new version wallet as soon as possible. It has been months for waiting the new wallet, PRT is losing its attention and market share.

Topic: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread - page 109. (Read 354298 times)