Topic: [ANN][TAC] TalkCoin - page 66. (Read 266731 times)

How is manipulation possible? The manipulators will lose a lot of money because the voting system is not free, it requires 5 TAC / vote and 10 votes minimum are necessary.

Well this is a great idea and ideally it should work, BUT that would be the case if you have a huge community and hundreds of people voting. This way you can counter the people that try to manipulate the supply/price/market. Right now all the people that wanna manipulate vote all the time and the rest of the people vote whenever they remember.
So well, lets do something to grow the community and coin acceptance so we can get that working
I guess a good idea would be to finish the message system

It's the same problem for all coins, litecoin, ppcoin, namecoin etc...
There are too many coins and not enough investors.

That's why a voting system was created. If you think there are too many mined coins, the community can use the voting to change the block reward. It's much better to control the money supply.

TAC is slow but TAC is sure

It will be never POS for several reasons.

- Security
There is the nothing at stake problem and I am not convinced from what I observed in the source code.
POS is in need of an independent audit to verify its security.

- POS vs. Ideolgy in Talkcoin
Talkcoin is more than currency and not a pump&dump coin, it's a P2P Communications Currency.
In 1, 2, 5, 10, 100 years time or more people won't chat anymore because all exchanges will more closed and nobody will be able to buy TAC.
People can always mine a POW coin, so they always will be able to talk.

Too much offer? What does not have is demand, that this same has been murdered by the vote of reward that separated all the miners who pay electricity.
Who are the investors real? The same miners that began with the currency in May and that abandoned the project and dumped their tacs.
It has been damaged the hashrate which is the same soul of the currency, who don't understand this, it is best to review 101 rules of economics failed.
Please, do not be condescending with me, I just want to help and do something positive.
 Question for the team ... You've made something with the project "reset the Net"? I have seen that have a open source software for secure communications on android and IOs platform...

It is an amazing feature.

But the fact that you have to explain it STILL in elaborate details present a big problem -- no one (not even TAC HOLDERS) still know why talkcoin is valuable and/or why it really differs from 15 other coins that has messaging features.

Presentation is key.

The fact of the matter, TAC is out and available and though the devs didnt want it to be put on the exchange and yet still released the coin makes me wonder.
On a coin that fundamentally needs community, it suffers severely.

I understand that. But right now there is only the chat, when the messaging/email part is ready, it would be really nice.
And now to the big question, okay the email or message is engraved into the blockchain, but is that secure ? After all i do not want that everyone can see my emails/messages.

People misunderstand how the technique works. Talkcoin is not simple a chat client, the message you typed is encoded to the blockchain and broadcasted all over the network. So it is decentralized and requires no server, no authority. The 20 second wait time is necessary because it's the block speed, the network needs to solve a block in order to "engrave" your message into the network. Talkcoin is better to be used as a decentralized communication tool (like email and sms, but without any need for server and so on), than to be used as a chat client (like iMessage, Yahoo Message).

POS does sound pretty good right now but dev's have to take a look which option is better for the purpose of this coin. After all for decent communications you need good speed. No one wants to type a message and wait 30 seconds until its in the chat.
I am sure that for video you need even a faster speed.
But yeah if we stick to POW i guess a reward in the range of 20 that is decreasing in time would be a good idea.
Would be good to hear what the dev's have to say from technical point of view.

That makes a lot of sense now you mention it...  As the wallet will be used for chat, it gives a reason for people to have the wallet open...

Soooo, maybe switching to PoS is a good idea?

We had 300 diff for a very brief moment, the coin was new and it got a little pump when we hit Poloniex...

Then everyone dumped when they realised the deflation on the coin.

Increasing supply does not increase demand.  Reducing supply is a good way to stop deflation.  Then you can work on demand by adding new features.

With higher block rewards we had up to 300 dif and up to 10-13k sat price. It doesn't work with crypto. Price and nethash is not only about supply.
Also, according to your thoughts, switching to PoS might be a good idea.

Also, if you want to wait for so long before going marketing, then yeah - when people notice this coin, supply will be 50mil and noone will pay 10k sat for it again.
And yeah - you should think about miners and investors too. Now you only care about future users. What about early followers, investors? What about miners who need to pay bills, who mined this coin from start and didn't dump at 10-13k sat?

There is already too much supply and deflation... A block reward of 50 would be suicide...

Economics 101 - Supply and Demand... Go do some reading...

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I think that there is a need for a point and apart from, return to put a reward of 50 and raise prices to 5k is paramount...

briefly said we need attracting aspects both for miners and people. and investors

the point is also, a lot of miners are needed from the beginning! with low prices we scared many of them. if 10 miners produce a great amount of coins, who will come later to entrich the first ones?? and if you add POS, this will definetely kill you coin in this sense.

we should attract many miners as possinble right now and not in a year orso..

the more participants are in a community the more conversations, noises... the more known the coin become, the russian thread is dead, there are 3 russian miners left and absolutely NOTHING to disuss. Create a noise and hubbub around Talkcoin!

sorry for "perfect english" )) I'm just writting quickly, I hope you understand my thoughts ..

I am a friend with a media specialist from China living in Germany, I tought she could write some professional articles about talkcoin, but what exactly is so special in talkcoin? the second question: where should people be directed to? there is no place with infos what is talkcoin done for and how much they need this!

* that is just what I was talking about, we need a website! a good and understanding one with superb attracting info for people and investors and miners too! sure content is significant, but without nice covering and explanation that has less chance

* there are three group playing their roles: miners, people and investors. you can not strike one off the list, they all are urgent important.

not only people, but also miners!

thats right for miners is profit the most important, but they could not be accused of this fact, each part cares of its own interest.

* a big difference, are there two miners or two tausend, they will mine the same amount fo coins, but with two miners a big amount of coins will be less valuable, with two tausend less amount coins are much valuable. the price of a coin is an important parameter

* first of all, for investors, who see the future in a coin coming from its worth, they bring their money and do it to a much more popular

* to people. who use your coin.... this is a permanently active circle, if you take off one setion, the whole conctruction will break.

sorry but in reality you cannot compare bitcoin with other coins. bitcoin was the first and the only one cryptocurrency on the market. there are milions invested in bitcoin, it does not need to do anything to be popular and useful. and generally it can replace all other coins.

no one coin has so much time, but it need the real special feature which will do the coin to outstanding one.

I think just for Talkoin the BITMASSAGE could be one of this features, please explain what difference is between talkcoin and skype or qq,.. now?

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