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Topic: [ANN][SILKCOIN][DARKSILK PREANN][TESTING STORMNODES/DarkSIlk MARKET/I2P] - page 88. (Read 289507 times)

sr. member
Activity: 597
Merit: 253
... and the swarm is headed towards us
How long (roughly) will the PoW/Pos phase, when it can be mined as well, on DarkSilk be?

The first 420001 blocks of the DarkSilk blockchain will be able to be mined however after block 43 coins will mature and people will stake (or maybe not) and this will produce mined PoS blocks which also go towards the total 420001.

With this information your welcome to sit and do the math but currently I am busy sitting testing the wallet.





well.. just noticing our difference in plans here lol 42k blocks or 420 k blocks pow..  should swapping start at the beginning?  should we have swap/burn phases perhaps?  start the weaver at a certain block?  I believe this is something to be discussed.


So about 120 days or over 3 years. The latter seems to make more sense, but I still don't get why you're having a PoW phase and not doing a straight swap to be honest. I know, I know sand and scorpians and 42 etc. but it'd be a reward to the people who've held tight to have the value increased by people buying Silk/DarkSilk. Instead that money, instead of coming direcly into the Silk economy, goes to electricity companies and the number of coins is increased dramatically.
hero member
Activity: 630
Merit: 505
How long (roughly) will the PoW/Pos phase, when it can be mined as well, on DarkSilk be?

The first 420001 blocks of the DarkSilk blockchain will be able to be mined however after block 43 coins will mature and people will stake (or maybe not) and this will produce mined PoS blocks which also go towards the total 420001.

With this information your welcome to sit and do the math but currently I am busy sitting testing the wallet.





well.. just noticing our difference in plans here lol 42k blocks or 420 k blocks pow..  should swapping start at the beginning?  should we have swap/burn phases perhaps?  start the weaver at a certain block?  I believe this is something to be discussed.


Im kinda liking the idea of burn phases.  activate weaver at different block heights.
hero member
Activity: 630
Merit: 505
How long (roughly) will the PoW/Pos phase, when it can be mined as well, on DarkSilk be?

The first 420001 blocks of the DarkSilk blockchain will be able to be mined however after block 43 coins will mature and people will stake (or maybe not) and this will produce mined PoS blocks which also go towards the total 420001.

With this information your welcome to sit and do the math but currently I am busy sitting testing the wallet.





well.. just noticing our difference in plans here lol 42k blocks or 420 k blocks pow..  should swapping start at the beginning?  should we have swap/burn phases perhaps?  start the weaver at a certain block?  I believe this is something to be discussed.
hero member
Activity: 630
Merit: 505
How long (roughly) will the PoW/Pos phase, when it can be mined as well, on DarkSilk be?

 42000 blocks for the pow phase on silk dark.  This will start once we are complete testnet.
newbie
Activity: 28
Merit: 0
How long (roughly) will the PoW/Pos phase, when it can be mined as well, on DarkSilk be?

The first 420001 blocks of the DarkSilk blockchain will be able to be mined however after block 43 coins will mature and people will stake (or maybe not) and this will produce mined PoS blocks which also go towards the total 420001.

With this information your welcome to sit and do the math but currently I am busy sitting testing the wallet.



sr. member
Activity: 597
Merit: 253
... and the swarm is headed towards us
How long (roughly) will the PoW/Pos phase, when it can be mined as well, on DarkSilk be?
hero member
Activity: 630
Merit: 505
Hello,

And what about my 19.5K SILK? Will they become worthless? Im not going to mine again. Im done mining.

Greetings,
Somebody who is in Silk since the beginning and never sold

no there will be an optional continuous swap/burn phase for anyone who chooses to.  this will be for any silk purchased at any time including the future.  both chains will coexist.

the only way silk would be done is if the entire supply was burned.  which i would assume is highly unlikely. 



Ok, but will the Silk value also go up as soon as DarkSilk is released? Because then i dont have to swap my SILK for DarkSilk.

Would depend on the value the miners have decided on after the dark silk pow phase. I would assume if it was higher then the price of silk, there would be lot of buying of silk to burn to dark.. which of course decreases the supply at the same time.  currently of course doesnt take much to double and triple price..
member
Activity: 105
Merit: 10
Hello,

And what about my 19.5K SILK? Will they become worthless? Im not going to mine again. Im done mining.

Greetings,
Somebody who is in Silk since the beginning and never sold

no there will be an optional continuous swap/burn phase for anyone who chooses to.  this will be for any silk purchased at any time including the future.  both chains will coexist.

the only way silk would be done is if the entire supply was burned.  which i would assume is highly unlikely. 



Ok, but will the Silk value also go up as soon as DarkSilk is released? Because then i dont have to swap my SILK for DarkSilk.
hero member
Activity: 630
Merit: 505
Hello,

And what about my 19.5K SILK? Will they become worthless? Im not going to mine again. Im done mining.

Greetings,
Somebody who is in Silk since the beginning and never sold

SILK will never be worthless, at least not in the sense that DarkSilk will be released and SILK will cease to have support etc.

The decision is the communities with whether DRKSLK replaces SILK.

This is why we are having this review period.

What about the honest Silk investors who bought silk, never sold even when SILK was dead.. You cannot just throw SILK away and start new DARK Silk..

obviously i will not be throwing away my silk. lol
hero member
Activity: 630
Merit: 505
From what I've heard we will have the option to burn our Silk to get Dark Silk IF wanted.

yep you are correct.
hero member
Activity: 630
Merit: 505
Hello,

And what about my 19.5K SILK? Will they become worthless? Im not going to mine again. Im done mining.

Greetings,
Somebody who is in Silk since the beginning and never sold

no there will be an optional continuous swap/burn phase for anyone who chooses to.  this will be for any silk purchased at any time including the future.  both chains will coexist.

the only way silk would be done is if the entire supply was burned.  which i would assume is highly unlikely. 

sr. member
Activity: 443
Merit: 251
From what I've heard we will have the option to burn our Silk to get Dark Silk IF wanted.
newbie
Activity: 28
Merit: 0
Hello,

And what about my 19.5K SILK? Will they become worthless? Im not going to mine again. Im done mining.

Greetings,
Somebody who is in Silk since the beginning and never sold

SILK will never be worthless, at least not in the sense that DarkSilk will be released and SILK will cease to have support etc.

The decision is the communities with whether DRKSLK replaces SILK.

This is why we are having this review period.

What about the honest Silk investors who bought silk, never sold even when SILK was dead.. You cannot just throw SILK away and start new DARK Silk..

Did you read my last post?
hero member
Activity: 514
Merit: 500
Hello,

And what about my 19.5K SILK? Will they become worthless? Im not going to mine again. Im done mining.

Greetings,
Somebody who is in Silk since the beginning and never sold

SILK will never be worthless, at least not in the sense that DarkSilk will be released and SILK will cease to have support etc.

The decision is the communities with whether DRKSLK replaces SILK.

This is why we are having this review period.

What about the honest Silk investors who bought silk, never sold even when SILK was dead.. You cannot just throw SILK away and start new DARK Silk..
newbie
Activity: 28
Merit: 0
Hello,

And what about my 19.5K SILK? Will they become worthless? Im not going to mine again. Im done mining.

Greetings,
Somebody who is in Silk since the beginning and never sold

SILK will never be worthless, at least not in the sense that DarkSilk will be released and SILK will cease to have support etc.

The decision is the communities with whether DRKSLK replaces SILK.

This is why we are having this review period.
member
Activity: 105
Merit: 10
Hello,

And what about my 19.5K SILK? Will they become worthless? Im not going to mine again. Im done mining.

Greetings,
Somebody who is in Silk since the beginning and never sold
newbie
Activity: 28
Merit: 0
DarkSilk Cometh......

https://i.imgur.com/D3fqQDg.png

BTW the font I'm using is the Android font available from DaFont Wink

Let's keep it opensource Cheesy
newbie
Activity: 28
Merit: 0
OK I just need a really good logo now and then the wallet graphically is good to go Cheesy
Ill try and come up with something soon.

Cool.

Well I have prepared the wallet when it comes to styling.

Temporarily I have placed the logo I made earlier into the wallet source.

PoS interest has been changed to.....................you guessed it, 4.2% Cheesy

To take a look simply clone and build following the repository instructions:

http://github.com/scdeveloper/darksilk

EDIT: I will change the PoS interest once one person can be contacted to clear their chain. Then the change can be made, we can rebuild and then start PoS mining again at the 4.2%

Let me know your thoughts on the styling. I am off to bed, 5.05am here now, night all Cheesy
legendary
Activity: 1918
Merit: 1001
OK I just need a really good logo now and then the wallet graphically is good to go Cheesy
Ill try and come up with something soon.
newbie
Activity: 28
Merit: 0
OK I just need a really good logo now and then the wallet graphically is good to go Cheesy
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