Hi Steven,
Looks like Sterling is safe.
Thanks,
Bill
Many thanks to all of you that have helped us dodge this bullet, again. I, for one, do realize and accept the obligation this does place on the development team to deliver the revival.
I think you do. I hope the others also want to put in some efforts. Maybe the biggest holder and devs should have a talk about what direction this coin should go. They have the most to lose.
I saw that you have not got your account back. This forum is so slow to do things.
Yes, opinions of direction and/or features of the new wallet would be very valuable at this point. You have brought up some interesting ideas, Rols, and I thank you for that. The one I personally am pondering the most at the moment is having another PoW phase. Not only would this adjust the supply as stated, but the attention minable coins get and retain has value also. Miners discussing the coin could be viewed as free publicity. Others seeing that discussion would be reminded the project is alive. But yes, a lower block reward might help the market absorb all the miner dumps, lessening/slowing the negative price impact. This could also help make the minimum volume requirement not such a repeated obstacle. Certainly an algo change would be needed as X13 is no longer ASIC-resistant.
If anyone has an opinion, on a new PoW phase or other features such as masternodes, please do chime in. Your input is wanted and will be reviewed by the team.
p.s. Yes, ridiculously slow. I understand the forum admins may be flooded with similar issues, so I continue to wait.
I'm a SLG big holders and I'm
NOT interested by any concept in diluting my participaton.
Focus on the end user is the way to create value.
Mining is diluting the capital and not the best the way to promote a coin.
Guldencoin (NLG), is the benchmark to follow for the countrycoins.
- Focus on local end user.
https://gulden.com/ site for the end user
https://developer.gulden.com/ site for the developers and community
- Easy of use wallets
https://developer.gulden.com/roadmap/- Easy for merchants to join
https://nocks.co/toolbox I would agree to move to PoW if we start reducing the 5,5% inflaction we have each year.
Reducing 0,5% the interest each year.
About the total available coins, I believe it's too low. SLG is more scarce than Bitcoin.
People will use SLG as their day to day coin.
Real life comparison would be the £60bn in physical notes and coins in circulation.
Taking NLG as comparison:
NLG marketcap: $6,068,000 price: 3,044sat Available coins: 322,160,303 NLG
SLG marketcap: $42,000 price: 1,751sat Available coins: 3,881,156 SLG
