Topic: Digital Credits : Proof of Burn Discussion Thread | burns canceled do to attacks - page 3. (Read 20887 times)
January 30, 2016, 07:34:14 AM
kind of excited to see what the next burn coin will be
January 30, 2016, 02:32:50 AM
DGCS can now be traded on a 4th exchange here : https://safecex.com/market?q=DGCS/BTC
January 29, 2016, 11:47:21 PM
some updates about the pool payouts https://bitcointalksearch.org/topic/m.13700101
Thanks for the info Tekyboy!
In other news, you now have 24 hours left to swap your FINDcoin for Digital Credits. The Burn period ends very soon. Our next burn will be announced within the next 48 hours. To date about 325k FIND have been swapped. Turning out not to be a very popular burn, we will see what happens.
Please keep in mind that the nodes, and explorer will be coming down about a week after the burn ends, the block chain may have issues after this happens. Good luck.
January 27, 2016, 11:55:44 PM
some updates about the pool payouts https://bitcointalksearch.org/topic/m.13700101
January 26, 2016, 05:51:16 PM
people seem to like the burns. No idea what will happen with find, I'm guessing most will dump the last day.
January 26, 2016, 05:39:09 PM
"... we offer a fair price so the value of DGCS wont go down. " - I hold you by the word!
any leaks what coins will burn as the next?
I like DGCS wallet, is design nice way to me, looking simple, easy to use, all in right place.
I get some staked DGCS too, so POS is working fine.
any leaks what coins will burn as the next?
I like DGCS wallet, is design nice way to me, looking simple, easy to use, all in right place.
I get some staked DGCS too, so POS is working fine.
The next coin has been selected already but we are not ready to release the name. It is listed on C-Cex and is a dead scam coin with lots of bag holders. The wallet is not syncing very fast so we are gonna make a bootstrap for it to make it easy for you guys. When everything is ready to go we will release the name with the new nodes and bootstrap in a few days. It's another POS only coin. We have been having a hard time finding PoW coins that we can afford to buy up. Check back in a few days.
but this coin that you say is listed on c-cex at least we know it's market cap? just saying if is on coinmarketcap can help as hint and i don't think is asking too much
LOL, if I tell you that you will know what coin it is, lol. I want to make sure everything is working smoothly before I release the name. I don't want another repeat of selficoin. I will say that it's market cap is close to ours with about twice the supply. Feel free to speculate.
well the fact that at least the market cap is close to dgcs is already something that we still need to see... too bad anyway that i don't have a c-cex account but let's still hope for some surprises, the already 5m (correct me if I'm wrong) find burned hit me on surprise and who knows what will happen next month
January 26, 2016, 05:35:28 PM
"... we offer a fair price so the value of DGCS wont go down. " - I hold you by the word!
any leaks what coins will burn as the next?
I like DGCS wallet, is design nice way to me, looking simple, easy to use, all in right place.
I get some staked DGCS too, so POS is working fine.
any leaks what coins will burn as the next?
I like DGCS wallet, is design nice way to me, looking simple, easy to use, all in right place.
I get some staked DGCS too, so POS is working fine.
The next coin has been selected already but we are not ready to release the name. It is listed on C-Cex and is a dead scam coin with lots of bag holders. The wallet is not syncing very fast so we are gonna make a bootstrap for it to make it easy for you guys. When everything is ready to go we will release the name with the new nodes and bootstrap in a few days. It's another POS only coin. We have been having a hard time finding PoW coins that we can afford to buy up. Check back in a few days.
but this coin that you say is listed on c-cex at least we know it's market cap? just saying if is on coinmarketcap can help as hint and i don't think is asking too much
LOL, if I tell you that you will know what coin it is, lol. I want to make sure everything is working smoothly before I release the name. I don't want another repeat of selficoin. I will say that it's market cap is close to ours with about twice the supply. Feel free to speculate.
January 26, 2016, 05:30:20 PM
"... we offer a fair price so the value of DGCS wont go down. " - I hold you by the word!
any leaks what coins will burn as the next?
I like DGCS wallet, is design nice way to me, looking simple, easy to use, all in right place.
I get some staked DGCS too, so POS is working fine.
any leaks what coins will burn as the next?
I like DGCS wallet, is design nice way to me, looking simple, easy to use, all in right place.
I get some staked DGCS too, so POS is working fine.
The next coin has been selected already but we are not ready to release the name. It is listed on C-Cex and is a dead scam coin with lots of bag holders. The wallet is not syncing very fast so we are gonna make a bootstrap for it to make it easy for you guys. When everything is ready to go we will release the name with the new nodes and bootstrap in a few days. It's another POS only coin. We have been having a hard time finding PoW coins that we can afford to buy up. Check back in a few days.
but this coin that you say is listed on c-cex at least we know it's market cap? just saying if is on coinmarketcap can help as hint and i don't think is asking too much
January 26, 2016, 04:53:59 PM
"... we offer a fair price so the value of DGCS wont go down. " - I hold you by the word!
any leaks what coins will burn as the next?
I like DGCS wallet, is design nice way to me, looking simple, easy to use, all in right place.
I get some staked DGCS too, so POS is working fine.
any leaks what coins will burn as the next?
I like DGCS wallet, is design nice way to me, looking simple, easy to use, all in right place.
I get some staked DGCS too, so POS is working fine.
The next coin has been selected already but we are not ready to release the name. It is listed on C-Cex and is a dead scam coin with lots of bag holders. The wallet is not syncing very fast so we are gonna make a bootstrap for it to make it easy for you guys. When everything is ready to go we will release the name with the new nodes and bootstrap in a few days. It's another POS only coin. We have been having a hard time finding PoW coins that we can afford to buy up. Check back in a few days.
January 24, 2016, 02:14:18 PM
been following this coin since launch. you should consider Arch as one of the burn coins 
Arch for what i saw it still have some activity but isn't reported on the thread, and anyway you're asking to burn a coin which market cap is higher then DGCS (205Btc of Arch vs 3Btc of DGCS) and anyway now i noticed that anybody is telling a possible coin to burn next month and i hope intristin have some plans about
January 24, 2016, 01:19:37 PM
been following this coin since launch. you should consider Arch as one of the burn coins
January 24, 2016, 10:07:05 AM
"... we offer a fair price so the value of DGCS wont go down. " - I hold you by the word!
any leaks what coins will burn as the next?
I like DGCS wallet, is design nice way to me, looking simple, easy to use, all in right place.
I get some staked DGCS too, so POS is working fine.
any leaks what coins will burn as the next?
I like DGCS wallet, is design nice way to me, looking simple, easy to use, all in right place.
I get some staked DGCS too, so POS is working fine.
January 24, 2016, 04:06:02 AM
Cool. New site and explorer are working quick from over here.
One thing I am having trouble finding an answer to... Is there a particular number of burns that will occur? I am wanting to figure out if all the coins reserved for burns will over time be completely distributed and how many burns that is supposed to take place over, or if it is a variable I would like to know that too.
Thanks!
One thing I am having trouble finding an answer to... Is there a particular number of burns that will occur? I am wanting to figure out if all the coins reserved for burns will over time be completely distributed and how many burns that is supposed to take place over, or if it is a variable I would like to know that too.
Thanks!
We normally do 1 burn each month on a different dead coin. The amount of new credits we release depends on the value of the targeted coin and how much of that coin is in circulation. The burns will continue until the burn fund is completely depleted. We have about 198 million credits left for this purpose, The process could take 5 or 10 years to distribute them all. If we run out of good targets before the fund in depleted, we will destroy whatever is left over. But with the number of dead or dieing coins in the altcoin space I don't see that happening anytime soon. I hope I have answered all your questions.
cool thanks. I picked a little bit up off the exchange and will see if the next burn is something I feel like participating in.
Cool man, stake them, it's a slow return but that is on purpose. We want to protect your investment. Fast way is to burn dead coins, but even then, we offer a fair price so the value of DGCS wont go down.
January 24, 2016, 03:58:52 AM
Cool. New site and explorer are working quick from over here.
One thing I am having trouble finding an answer to... Is there a particular number of burns that will occur? I am wanting to figure out if all the coins reserved for burns will over time be completely distributed and how many burns that is supposed to take place over, or if it is a variable I would like to know that too.
Thanks!
One thing I am having trouble finding an answer to... Is there a particular number of burns that will occur? I am wanting to figure out if all the coins reserved for burns will over time be completely distributed and how many burns that is supposed to take place over, or if it is a variable I would like to know that too.
Thanks!
We normally do 1 burn each month on a different dead coin. The amount of new credits we release depends on the value of the targeted coin and how much of that coin is in circulation. The burns will continue until the burn fund is completely depleted. We have about 198 million credits left for this purpose, The process could take 5 or 10 years to distribute them all. If we run out of good targets before the fund in depleted, we will destroy whatever is left over. But with the number of dead or dieing coins in the altcoin space I don't see that happening anytime soon. I hope I have answered all your questions.
cool thanks. I picked a little bit up off the exchange and will see if the next burn is something I feel like participating in.
January 24, 2016, 01:41:53 AM
What is the new coin to burn? Avatarcoin, Swagbucks? 
I would better love to dump these shitcoins and get a good coin, DGCS.
I would better love to dump these shitcoins and get a good coin, DGCS. January 24, 2016, 12:53:40 AM
Quote
January 2015 Burn Details.
DATES: NOW until JAN/30/2015
You will be able to burn this coin during the dates shown above and receive Digital Credits in exchange at a set rate. This rate was determined on NOV/29/2015 at 8pm EST time. The exchange rate will not change during the burn. You have until the 30th of December to exchange the target coin for Digital Credits at our Exchange Partner site. Please note that Spacecoin is both Proof of Work and Proof of Stake. This will allow you to mine and stake the coin until the 29th of December and then burn everything on the 30th.
DATES: NOW until JAN/30/2015
You will be able to burn this coin during the dates shown above and receive Digital Credits in exchange at a set rate. This rate was determined on NOV/29/2015 at 8pm EST time. The exchange rate will not change during the burn. You have until the 30th of December to exchange the target coin for Digital Credits at our Exchange Partner site. Please note that Spacecoin is both Proof of Work and Proof of Stake. This will allow you to mine and stake the coin until the 29th of December and then burn everything on the 30th.
the op could be updated a little
it's next year already .. and might be useful to mention burning FIND specifically with specific dates etc.
Why you got to make me look bad smarty pants, lol. And fixed.
January 24, 2016, 12:49:53 AM
Quote
January 2015 Burn Details.
DATES: NOW until JAN/30/2015
You will be able to burn this coin during the dates shown above and receive Digital Credits in exchange at a set rate. This rate was determined on NOV/29/2015 at 8pm EST time. The exchange rate will not change during the burn. You have until the 30th of December to exchange the target coin for Digital Credits at our Exchange Partner site. Please note that Spacecoin is both Proof of Work and Proof of Stake. This will allow you to mine and stake the coin until the 29th of December and then burn everything on the 30th.
DATES: NOW until JAN/30/2015
You will be able to burn this coin during the dates shown above and receive Digital Credits in exchange at a set rate. This rate was determined on NOV/29/2015 at 8pm EST time. The exchange rate will not change during the burn. You have until the 30th of December to exchange the target coin for Digital Credits at our Exchange Partner site. Please note that Spacecoin is both Proof of Work and Proof of Stake. This will allow you to mine and stake the coin until the 29th of December and then burn everything on the 30th.
the op could be updated a little
it's next year already .. and might be useful to mention burning FIND specifically with specific dates etc.
January 23, 2016, 09:48:24 PM
We have great news, Our Burns will be expanding to multiple exchanges soon, giving you more choices on where to burn your dead alt altcoins. More details coming soon. Only 1 week left to Burn your FIND coins, keep staking and make sure you burn them on the 30th. There will be no extension this time. Please keep in mind that any FIND coins left on BTCPool after the 30th will be considered a donation, you will not be reimbursed.
January 21, 2016, 11:19:49 PM
Cool. New site and explorer are working quick from over here.
One thing I am having trouble finding an answer to... Is there a particular number of burns that will occur? I am wanting to figure out if all the coins reserved for burns will over time be completely distributed and how many burns that is supposed to take place over, or if it is a variable I would like to know that too.
Thanks!
One thing I am having trouble finding an answer to... Is there a particular number of burns that will occur? I am wanting to figure out if all the coins reserved for burns will over time be completely distributed and how many burns that is supposed to take place over, or if it is a variable I would like to know that too.
Thanks!
We normally do 1 burn each month on a different dead coin. The amount of new credits we release depends on the value of the targeted coin and how much of that coin is in circulation. The burns will continue until the burn fund is completely depleted. We have about 198 million credits left for this purpose, The process could take 5 or 10 years to distribute them all. If we run out of good targets before the fund in depleted, we will destroy whatever is left over. But with the number of dead or dieing coins in the altcoin space I don't see that happening anytime soon. I hope I have answered all your questions.
January 21, 2016, 10:39:34 PM
Cool. New site and explorer are working quick from over here.
One thing I am having trouble finding an answer to... Is there a particular number of burns that will occur? I am wanting to figure out if all the coins reserved for burns will over time be completely distributed and how many burns that is supposed to take place over, or if it is a variable I would like to know that too.
Thanks!
One thing I am having trouble finding an answer to... Is there a particular number of burns that will occur? I am wanting to figure out if all the coins reserved for burns will over time be completely distributed and how many burns that is supposed to take place over, or if it is a variable I would like to know that too.
Thanks!
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