[ANN][XC] >> Mandatory Update to new Wallet - The first POS X11 anonymous wallet - page 243.

battbot

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Quote from: dadon on May 23, 2014, 10:35:23 AM

if you want to keep this fair for all halve the blocks and reduce the pow to 10m, easy.

My advice: Do NOT reduce block reward, but reduce PoW blocks. Maybe make total supply 12m --> that will mean about 1/2 the total coins can still be mined once wallet releases (assuming it releases in a day or so). That will give around 1-1.5 weeks left of mining to get to 12m total PoW coins

CryptoGretzky

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Activity: 322

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Quote from: sixteendigits on May 23, 2014, 10:27:35 AM

This board, and all alts, are hopeless. Alts, and this forum, have been overrun by blatant scam artists and spoiled impatient children.

Dev specifically stated he did NOT want this coin to be yet another pump and dump scam.

Now CINNI dev seems to be poking his head in for whatever reason, red flags go off on that one.

Now there is talk of PoW reward reduction, because god forbid anyone needs to wait 3 WHOLE MONTHS for their coin to go to the moon. 3 days is an acceptable amount of time to allow for fair and even distribution of coins these days.

If a coin cannot stand more than a week of PoW (so that it is easy for a small group of people to hoard the majority of the coins and fix the price), then it stands to reason that coin has no real value or else it wouldn't need to resort to such tactics to see price rise.

Now guess what, XC is becoming exactly what atcsecure said it wasn't supposed to be, a pump and dump scam.

Fuck XC, fuck alts and their "communities" (ie, shills waiting to pass their bag along to the next guy at a higher price), I'm out.

Hope the pump and dump goes well for y'all.

Ok, see ya. Don't post again in this thread if you are out.

Taner

sr. member

Activity: 686

Merit: 250

Quote from: sixteendigits on May 23, 2014, 10:27:35 AM

This board, and all alts, are hopeless. Alts, and this forum, have been overrun by blatant scam artists and spoiled impatient children.

Dev specifically stated he did NOT want this coin to be yet another pump and dump scam.

Now CINNI dev seems to be poking his head in for whatever reason, red flags go off on that one.

Now there is talk of PoW reward reduction, because god forbid anyone needs to wait 3 WHOLE MONTHS for their coin to go to the moon. 3 days is an acceptable amount of time to allow for fair and even distribution of coins these days.

If a coin cannot stand more than a week of PoW (so that it is easy for a small group of people to hoard the majority of the coins and fix the price), then it stands to reason that coin has no real value or else it wouldn't need to resort to such tactics to see price rise.

Now guess what, XC is becoming exactly what atcsecure said it wasn't supposed to be, a pump and dump scam.

Fuck XC, fuck alts and their "communities" (ie, shills waiting to pass their bag along to the next guy at a higher price), I'm out.

Hope the pump and dump goes well for y'all.

Please read my first message about reduce. 5M coin still mined over 3 months. Minin will contiune.

dadon

legendary

Activity: 1190

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Pecvniate obedivnt omnia.

if you want to keep this fair for all halve the blocks and reduce the pow to 10m, easy.

battbot

hero member

Activity: 616

Merit: 500

I'm "poking my head in" because I own a decent share of this coin -- so naturally, I'm voicing my thoughts to help progress this coin. I am not part of the XC team in any way. I'm still 100% committed to and working for Cinni. I just hired on two coders for our encrypted messaging system to get it released faster.

solid12345

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Activity: 1246

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Quote from: sixteendigits on May 23, 2014, 10:27:35 AM

Now there is talk of PoW reward reduction, because god forbid anyone needs to wait 3 WHOLE MONTHS for their coin to go to the moon. 3 days is an acceptable amount of time to allow for fair and even distribution of coins these days.

POW is really only fair for miners, never for investors. I actually never understood why POS coins even need a POW phase, it seems pointless, the truly FAIR thing is to IPO all coins at the same price and let the market decide its value. But this is just my general statement on POS coins period.

dadon

legendary

Activity: 1190

Merit: 1002

Pecvniate obedivnt omnia.

Quote from: philipvdlinde on May 23, 2014, 10:31:16 AM

Quote from: sixteendigits on May 23, 2014, 10:27:35 AM

This board, and all alts, are hopeless. Alts, and has forum, have been overrun by blatant scam artists and spoiled impatient children.

Dev specifically stated he did NOT want this coin to be yet another pump and dump scam.

Now CINNI dev seems to be poking his head in for whatever reason, red flags go off on that one.

Now there is talk of PoW reward reduction, because god forbid anyone needs to wait 3 WHOLE MONTHS for their coin to go to the moon. 3 days is an acceptable amount of time to allow for fair and even distribution of coins these days.

If a coin cannot stand more than a week of PoW (so that it is easy for a small group of people to hoard the majority of the coins and fix the price), then it stands to reason that coin has no real value or else it wouldn't need to resort to such tactics to see price rise.

Now guess what, XC is becoming exactly what atcsecure said it wasn't supposed to be, a pump and dump scam.

Fuck XC, fuck alts and their "communities" (ie, shills waiting to pass their bag along to the next guy at a higher price), I'm out.

Hope the pump and dump goes well for y'all.

He does have a point. People should get the chance to obtain XC with mining.

why??? i don't mine i buy, fuck miners, maybe they should buy as well

dadon

legendary

Activity: 1190

Merit: 1002

Pecvniate obedivnt omnia.

Quote from: sixteendigits on May 23, 2014, 10:27:35 AM

This board, and all alts, are hopeless. Alts, and has forum, have been overrun by blatant scam artists and spoiled impatient children.

Dev specifically stated he did NOT want this coin to be yet another pump and dump scam.

Now CINNI dev seems to be poking his head in for whatever reason, red flags go off on that one.

Now there is talk of PoW reward reduction, because god forbid anyone needs to wait 3 WHOLE MONTHS for their coin to go to the moon. 3 days is an acceptable amount of time to allow for fair and even distribution of coins these days.

If a coin cannot stand more than a week of PoW (so that it is easy for a small group of people to hoard the majority of the coins and fix the price), then it stands to reason that coin has no real value or else it wouldn't need to resort to such tactics to see price rise.

Now guess what, XC is becoming exactly what atcsecure said it wasn't supposed to be, a pump and dump scam.

Fuck XC, fuck alts and their "communities" (ie, shills waiting to pass their bag along to the next guy at a higher price), I'm out.

Hope the pump and dump goes well for y'all.

yawn...

u done yet community will decide go away

cyberhacker

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Activity: 1330

Merit: 1000

Quote from: sixteendigits on May 23, 2014, 10:27:35 AM

This board, and all alts, are hopeless. Alts, and has forum, have been overrun by blatant scam artists and spoiled impatient children.

Dev specifically stated he did NOT want this coin to be yet another pump and dump scam.

Now CINNI dev seems to be poking his head in for whatever reason, red flags go off on that one.

Now there is talk of PoW reward reduction, because god forbid anyone needs to wait 3 WHOLE MONTHS for their coin to go to the moon. 3 days is an acceptable amount of time to allow for fair and even distribution of coins these days.

If a coin cannot stand more than a week of PoW (so that it is easy for a small group of people to hoard the majority of the coins and fix the price), then it stands to reason that coin has no real value or else it wouldn't need to resort to such tactics to see price rise.

Now guess what, XC is becoming exactly what atcsecure said it wasn't supposed to be, a pump and dump scam.

Fuck XC, fuck alts and their "communities" (ie, shills waiting to pass their bag along to the next guy at a higher price), I'm out.

Hope the pump and dump goes well for y'all.

you fucking missed the train!

philipvdlinde

hero member

Activity: 826

Merit: 1000

Quote from: sixteendigits on May 23, 2014, 10:27:35 AM

This board, and all alts, are hopeless. Alts, and has forum, have been overrun by blatant scam artists and spoiled impatient children.

Dev specifically stated he did NOT want this coin to be yet another pump and dump scam.

Now CINNI dev seems to be poking his head in for whatever reason, red flags go off on that one.

Now there is talk of PoW reward reduction, because god forbid anyone needs to wait 3 WHOLE MONTHS for their coin to go to the moon. 3 days is an acceptable amount of time to allow for fair and even distribution of coins these days.

If a coin cannot stand more than a week of PoW (so that it is easy for a small group of people to hoard the majority of the coins and fix the price), then it stands to reason that coin has no real value or else it wouldn't need to resort to such tactics to see price rise.

Now guess what, XC is becoming exactly what atcsecure said it wasn't supposed to be, a pump and dump scam.

Fuck XC, fuck alts and their "communities" (ie, shills waiting to pass their bag along to the next guy at a higher price), I'm out.

Hope the pump and dump goes well for y'all.

He does have a point. People should get the chance to obtain XC with mining.

sixteendigits

sr. member

Activity: 462

Merit: 250

This board, and all alts, are hopeless. Alts, and this forum, have been overrun by blatant scam artists and spoiled impatient children.

Dev specifically stated he did NOT want this coin to be yet another pump and dump scam.

Now CINNI dev seems to be poking his head in for whatever reason, red flags go off on that one.

Now there is talk of PoW reward reduction, because god forbid anyone needs to wait 3 WHOLE MONTHS for their coin to go to the moon. 3 days is an acceptable amount of time to allow for fair and even distribution of coins these days.

If a coin cannot stand more than a week of PoW (so that it is easy for a small group of people to hoard the majority of the coins and fix the price), then it stands to reason that coin has no real value or else it wouldn't need to resort to such tactics to see price rise.

Now guess what, XC is becoming exactly what atcsecure said it wasn't supposed to be, a pump and dump scam.

Fuck XC, fuck alts and their "communities" (ie, shills waiting to pass their bag along to the next guy at a higher price), I'm out.

Hope the pump and dump goes well for y'all.

Taner

sr. member

Activity: 686

Merit: 250

Quote from: CryptoGretzky on May 23, 2014, 10:21:00 AM

Quote from: philipvdlinde on May 23, 2014, 10:17:22 AM

Quote from: CryptoGretzky on May 23, 2014, 10:15:45 AM

Quote from: cyberhacker on May 23, 2014, 09:22:15 AM

Quote from: Taner on May 23, 2014, 09:18:30 AM

--------------- IMPORTANT ---------------

I spoke with the Dev around 30 mins ago regarding the reduction of PoW coins, and he basically said that the decision to do so would be left with the community, so it is up to us whether he goes ahead or not.

DEV:

Quote

I'm open to anything, but can't think about that now, too much anon work to do - if the community agree's to reduce POW them I will do

MY VOTE:

Reduce PoW Blocks to about 10M coins (Remaining coins still need to 8-15 weeks mining until PoS) After 10 to 33 Just PoS.

The Dev is willing to do so if us, as a community, really wants this, but the decision must be taken before the wallet release.

DO IT FUCKING DO IT!!!

WE ARE WITH YOU!!!!!!!!!!!!!!

+ 10000 !!!! Let's DO THIS!!! CUT OFF POWER BEFORE MULTIPOOL DUMP THIS LIKE CRAP!!!

Lets to this, we should reduce the block rewards.

Yes, reduce it to ZERO and let POS begin... IMMEDIATELY!

Minners human to. Zero? lol

Taner

sr. member

Activity: 686

Merit: 250

Quote from: battbot on May 23, 2014, 10:10:46 AM

Quote from: dadon on May 23, 2014, 10:06:51 AM

can someone start a thread with a vote yes or no and how many coins total pow, just so no one screams latter it's not fair?

Just be prepared for trolls to FUD on the move. But the anon wallet release should silence any noise they may make -- because they will be too busy panic buying like everyone else!

CryptoGretzky

sr. member

Activity: 322

Merit: 250

Quote from: philipvdlinde on May 23, 2014, 10:17:22 AM

Quote from: CryptoGretzky on May 23, 2014, 10:15:45 AM

Quote from: cyberhacker on May 23, 2014, 09:22:15 AM

Quote from: Taner on May 23, 2014, 09:18:30 AM

--------------- IMPORTANT ---------------

I spoke with the Dev around 30 mins ago regarding the reduction of PoW coins, and he basically said that the decision to do so would be left with the community, so it is up to us whether he goes ahead or not.

DEV:

Quote

I'm open to anything, but can't think about that now, too much anon work to do - if the community agree's to reduce POW them I will do

MY VOTE:

Reduce PoW Blocks to about 10M coins (Remaining coins still need to 8-15 weeks mining until PoS) After 10 to 33 Just PoS.

The Dev is willing to do so if us, as a community, really wants this, but the decision must be taken before the wallet release.

DO IT FUCKING DO IT!!!

WE ARE WITH YOU!!!!!!!!!!!!!!

+ 10000 !!!! Let's DO THIS!!! CUT OFF POWER BEFORE MULTIPOOL DUMP THIS LIKE CRAP!!!

Lets to this, we should reduce the block rewards.

Yes, reduce it to ZERO and let POS begin... IMMEDIATELY!

mojun7982

full member

Activity: 269

Merit: 100

The Standard Protocol - Solving Inflation

Quote from: cyberhacker on May 23, 2014, 10:11:16 AM

Quote from: mojun7982 on May 23, 2014, 10:03:39 AM

will be first XC anno wallet is ?

SURE!

coooooooool!

philipvdlinde

hero member

Activity: 826

Merit: 1000

Quote from: CryptoGretzky on May 23, 2014, 10:15:45 AM

Quote from: cyberhacker on May 23, 2014, 09:22:15 AM

Quote from: Taner on May 23, 2014, 09:18:30 AM

--------------- IMPORTANT ---------------

I spoke with the Dev around 30 mins ago regarding the reduction of PoW coins, and he basically said that the decision to do so would be left with the community, so it is up to us whether he goes ahead or not.

DEV:

Quote

I'm open to anything, but can't think about that now, too much anon work to do - if the community agree's to reduce POW them I will do

MY VOTE:

Reduce PoW Blocks to about 10M coins (Remaining coins still need to 8-15 weeks mining until PoS) After 10 to 33 Just PoS.

The Dev is willing to do so if us, as a community, really wants this, but the decision must be taken before the wallet release.

DO IT FUCKING DO IT!!!

WE ARE WITH YOU!!!!!!!!!!!!!!

+ 10000 !!!! Let's DO THIS!!! CUT OFF POWER BEFORE MULTIPOOL DUMP THIS LIKE CRAP!!!

Lets to this, we should reduce the block rewards.

CryptoGretzky

sr. member

Activity: 322

Merit: 250

Quote from: cyberhacker on May 23, 2014, 09:22:15 AM

Quote from: Taner on May 23, 2014, 09:18:30 AM

--------------- IMPORTANT ---------------

I spoke with the Dev around 30 mins ago regarding the reduction of PoW coins, and he basically said that the decision to do so would be left with the community, so it is up to us whether he goes ahead or not.

DEV:

Quote

I'm open to anything, but can't think about that now, too much anon work to do - if the community agree's to reduce POW them I will do

MY VOTE:

Reduce PoW Blocks to about 10M coins (Remaining coins still need to 8-15 weeks mining until PoS) After 10 to 33 Just PoS.

The Dev is willing to do so if us, as a community, really wants this, but the decision must be taken before the wallet release.

DO IT FUCKING DO IT!!!

WE ARE WITH YOU!!!!!!!!!!!!!!

+ 10000 !!!! Let's DO THIS!!! CUT OFF POWER BEFORE MULTIPOOL DUMP THIS LIKE CRAP!!!

dadon

legendary

Activity: 1190

Merit: 1002

Pecvniate obedivnt omnia.

cool then

cyberhacker

legendary

Activity: 1330

Merit: 1000

Quote from: mojun7982 on May 23, 2014, 10:03:39 AM

will be first XC anno wallet is ?

SURE!

battbot

hero member

Activity: 616

Merit: 500

Quote from: dadon on May 23, 2014, 10:06:51 AM

can someone start a thread with a vote yes or no and how many coins total pow, just so no one screams latter it's not fair?

Ya, we don't need a thread for that. Dev just needs to make a decision on the matter soon and announce it in advance before he releases the wallet.

I don't care if he cuts the # of blocks or reduces the reward (or both), but max PoW coins should be anywhere from 10-15m, IMO. Maybe just make it 12m --> that will mean about 1/2 the total coins can still be mined once wallet releases (assuming it releases in a day or so).

Just be prepared for trolls to FUD on the move. But the anon wallet release should silence any noise they may make -- because they will be too busy panic buying like everyone else!

Topic: [ANN][XC] >> Mandatory Update to new Wallet - The first POS X11 anonymous wallet - page 243. (Read 268507 times)