[ANN][XC] >> Mandatory Update to new Wallet - The first POS X11 anonymous wallet - page 245.

atcsecure

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Activity: 756

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Quote from: niceman on May 23, 2014, 09:41:32 AM

It's hilarious what anyone want reduce block reward and coin supply. BECAUSE PRICE GOES DOWN.

Price goes down because where is no any real value in this coins, you can't buy anything real for this coins.
Block reduction mean only what miners (only one type of people who make decision put some recourse in this coin) will have much less reason to do it.
Without miners no one (except you who hold this numbers in wallets an waiting 'the MOON') will be interested in higher prices.

Interesting discussion... one of the reasons around the original total # of coins was to provide a base of liquidity to the system because of phase ][ we need coins in the marketplace... so its a mix of too much/too little or just right :-)

Quantumbud

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Activity: 238

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Quote from: niceman on May 23, 2014, 09:41:32 AM

It's hilarious what anyone want reduce block reward and coin supply. BECAUSE PRICE GOES DOWN.

Price goes down because where is no any real value in this coins, you can't buy anything real for this coins.
Block reduction mean only what miners (only one type of people who make decision put some recourse in this coin) will have much less reason to do it.
Without miners no one (except you who hold this numbers in wallets an waiting 'the MOON') will be interested in higher prices.

I'll still mine it,and if less people mine it all the better for me if the difficulty decreases Grin

dadon

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Activity: 1190

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Pecvniate obedivnt omnia.

Quote from: niceman on May 23, 2014, 09:41:32 AM

It's hilarious what anyone want reduce block reward and coin supply. BECAUSE PRICE GOES DOWN.

Price goes down because where is no any real value in this coins, you can't buy anything real for this coins.
Block reduction mean only what miners (only one type of people who make decision put some recourse in this coin) will have much less reason to do it.
Without miners no one (except you who hold this numbers in wallets an waiting 'the MOON') will be interested in higher prices.

it's not all about miners...

niceman

sr. member

Activity: 336

Merit: 254

CoinMine.pw

It's hilarious what anyone want reduce block reward and coin supply. BECAUSE PRICE GOES DOWN.

Price goes down because where is no any real value in this coins, you can't buy anything real for this coins.
Block reduction mean only what miners (only one type of people who make decision put some recourse in this coin) will have much less reason to do it.
Without miners no one (except you who hold this numbers in wallets an waiting 'the MOON') will be interested in higher prices.

cyberhacker

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Activity: 1330

Merit: 1000

Quote from: atcsecure on May 23, 2014, 09:30:12 AM

Quote from: Quantumbud on May 23, 2014, 09:29:32 AM

No one would loose any coins,i'm no tech expert but i presume there would be a hard fork with the wallet release,correct me if i am wrong ofc Tongue

Yes, it would hard fork at a certain block #

hard fork it when new wallet is available. this coin will make a history!!!

Alisho

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Activity: 206

Merit: 100

Quote from: atcsecure on May 23, 2014, 09:29:41 AM

Quote from: Teka on May 23, 2014, 09:24:39 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.

I'm in as long as it means that I don't loose any of my coins.

NO coins would be lost, it will actually reduce the total # of POW blocks and switch directly to POS, the mining period would be drastically reduce to what ever block# is coded... I'd said maybe we could down to 10million max coins.... , and POS blocks will still eat some of those coins

that would be great!

dadon

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Activity: 1190

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Pecvniate obedivnt omnia.

Quote from: bitcoinwonders010 on May 23, 2014, 09:35:55 AM

Quote from: Teka on May 23, 2014, 09:24:39 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.

I'm in as long as it means that I don't loose any of my coins.

guys i don't mean to burst your bubble but the post looks like a fake

DEV

Quote

anyone can make this quote and say dev has said it

taner is legit, it's true

Quantumbud

full member

Activity: 238

Merit: 100

Quote from: niceman on May 23, 2014, 09:34:16 AM

Quote from: Quantumbud on May 23, 2014, 09:29:32 AM

No one would loose any coins,i'm no tech expert but i presume there would be a hard fork with the wallet release,correct me if i am wrong ofc Tongue

Hardfork is always problem for network stability. Forks, disabled trading, pools on wrong forks wastes hashpower.

I doubt very much this would be an issue as long as the exchanges and pools are all notified in time and everything is handled correctly

jasemoney

legendary

Activity: 1610

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Forget-about-it

sounds great, and hardforks happen, it causes a temp delay but we are professionals by now. we can manage a little hardfork Wink

also stooge above me, atcsecure posted replies to those quotes so...

bitcoinwonders010

hero member

Activity: 686

Merit: 500

nice can't wait

niceman

sr. member

Activity: 336

Merit: 254

CoinMine.pw

Quote from: Quantumbud on May 23, 2014, 09:29:32 AM

No one would loose any coins,i'm no tech expert but i presume there would be a hard fork with the wallet release,correct me if i am wrong ofc Tongue

Hardfork is always problem for network stability. Forks, disabled trading, pools on wrong forks wastes hashpower.

dragnar

sr. member

Activity: 280

Merit: 250

Quote from: provenceday on May 23, 2014, 09:25:04 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.

how about start a vote on this?

that's mean more pos coin? more green, you do not waster you GPU card to mine this, you just need to open you wallet.

it is better!

agree reduction !

dadon

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Activity: 1190

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Pecvniate obedivnt omnia.

7 would be awesome but 10 is still sweet, thank you!!!

CryptoClub

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Activity: 1470

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cryptocollectorsclub.com

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!!!!!!!!!!!!!!

+1 lol....

AlexGR

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Activity: 1708

Merit: 1049

Do it... the scarcer it is the better.

atcsecure

hero member

Activity: 756

Merit: 500

Quote from: Quantumbud on May 23, 2014, 09:29:32 AM

No one would loose any coins,i'm no tech expert but i presume there would be a hard fork with the wallet release,correct me if i am wrong ofc Tongue

Yes, it would hard fork at a certain block #

atcsecure

hero member

Activity: 756

Merit: 500

Quote from: Teka on May 23, 2014, 09:24:39 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.

I'm in as long as it means that I don't loose any of my coins.

NO coins would be lost, it will actually reduce the total # of POW blocks and switch directly to POS, the mining period would be drastically reduce to what ever block# is coded... I'd said maybe we could down to 10million max coins.... , and POS blocks will still eat some of those coins

Quantumbud

full member

Activity: 238

Merit: 100

No one would loose any coins,i'm no tech expert but i presume there would be a hard fork with the wallet release,correct me if i am wrong ofc Tongue

provenceday

legendary

Activity: 1148

Merit: 1000

Quote from: Taner on May 23, 2014, 09:27:24 AM

Quote from: Teka on May 23, 2014, 09:24:39 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.

I'm in as long as it means that I don't loose any of my coins.

No one lose any coins.

agree with this.

Taner

sr. member

Activity: 686

Merit: 250

Quote from: Teka on May 23, 2014, 09:24:39 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.

I'm in as long as it means that I don't loose any of my coins.

No one lose any coins.

Topic: [ANN][XC] >> Mandatory Update to new Wallet - The first POS X11 anonymous wallet - page 245. (Read 268507 times)