[GLC] Globalcoin | 4 Year Anniversary 1.5.4! | NO IPO, NO PREMINE | [SCRYPT] - page 25.

PoolMinor

legendary

Activity: 1844

Merit: 1338

XXXVII Fnord is toast without bread

Quote from: orco#2 on July 02, 2015, 11:10:37 AM

Not on dev team, but i do speak with them on occassion as to client upgrade progress. They are people with lives, problems, and other interests. They are working on the client and will at some point have it finished.

If anyone wants to help push client changes please do, but if not, we are beholden to their schedules.

I will donate 1 2 Million CENT to help this worthy cause.

-PoolMinor

CartmanSPC

legendary

Activity: 1270

Merit: 1000

Quote from: Griffith on July 02, 2015, 12:42:04 PM

block explorers last block was an hour ago. did chain stop or did it fork?

I think it's a problem with the block explorer. https://chainz.cryptoid.info/glc/ has been stuck on 1270711 and the client is past 1271331.

Griffith

legendary

Activity: 1400

Merit: 1000

block explorers last block was an hour ago. did chain stop or did it fork?

orco#2

hero member

Activity: 868

Merit: 1000

Not on dev team, but i do speak with them on occassion as to client upgrade progress. They are people with lives, problems, and other interests. They are working on the client and will at some point have it finished.

If anyone wants to help push client changes please do, but if not, we are beholden to their schedules.

Griffith

legendary

Activity: 1400

Merit: 1000

Quote from: orco#2 on June 29, 2015, 05:39:43 PM

They are working towards the ends, not easy to make changes or one of us would have done it by now. I guess Global turned 2 years old without anyone noticing.

are you on the development team? or do you just know what they currently are working on (please share if you do)

orco#2

hero member

Activity: 868

Merit: 1000

They are working towards the ends, not easy to make changes or one of us would have done it by now. I guess Global turned 2 years old without anyone noticing.

shveicar

legendary

Activity: 1414

Merit: 1013

DMD info: https://diamond-info.github.io/

As I thought that the lack of progress and review of the strategy leads to a lack of interest in globalcoin.
It is a pity that the developers do not realize it..

icodestuff

newbie

Activity: 44

Merit: 0

Been about a month since developers have posted, would be nice if they could chime in.

BitcoinNational

legendary

Activity: 1470

Merit: 1010

Join The Blockchain Revolution In Logistics

1 GLC per block and extending the subsidy halving timeline to 500 days ?

small detail
could the algo reward be stepped down .25 per week?
so 6.25 to 6.0 .... 1.5 to 1.25 to sustain rate 1.0^{reason being it would get the remaining scrypt mining pools interested in GLC before hitting sustain rate of 1.0.}
and once at r=1.0 some daily drop of 0.1% (sorry don't know how that maths with halving timeline to ~3.5 years)
i just like smooth curves vs. long run steps having

Cool

https://www.globalco.in/ Cool

Strong
Stable
Safe
Your Money Anywhere

orco#2

hero member

Activity: 868

Merit: 1000

Nice posts everyone.

I think we are going to be dropping to 1 GLC per block and extending the subsidy halving timeline to ~3.5 years that will mint 2160 GLC per day and at 0.00001000 that is just over .02 btc per day. That way we can keep the 70 million cap and have a decent subsidy for over a decade. During that time, there will likely be some changes, POW/POS Hybrid? Who knows.

In other news 1,175,000 GLC available to 0.00000250 on cryptsy. After then, I cam sure the sellers will be back, but it is clear now.

We should push to gobble them off the market.

BitcoinNational

legendary

Activity: 1470

Merit: 1010

Join The Blockchain Revolution In Logistics

yes. serious.

1. pow/pos hybrids good idea, bad IQ. if we can get a carbon copy of t3k/peer (go sha) or nova. those are the only ones that I know that actually work ... buggy such buggy.

2.
Infinitecoin (IFC)
Network Hashrate: 1 MH/s
market capital $3M

barely 40MHs is still x40 stronger than IFC
when NAUT, ltcd, and rzr are getting constantly destroyed by forks then I'll reconsider
until then lots of high value targets compared to humble lil'GLC

3. there seem to be checkpoint/roll back solutions that will allow a low hash coin to survive (see IFC)

4. pure stakes .... sure when GLC has a massive following and no other solution is possible. stakes market is saturated and lacks the security to invest/hold $millions. Let NXT, Black, and POT deal with the bugs for 2-3 years before it is a solid science.

5. antiASIC algo POW ... global is POW ... if you want to fork a working POW to stakes send me a PM I've got dozens in need of that service. but Global is POW Wink

6. even if do nothing .... basic crypto ... raise the price raise the hash (repeat) /&&/ counter rent a rig if malicious players show up

7. AuxPOW ... yes but we can survive a few more halvings until then ... and others will have worked out the way to AuxPOW (EZ) ... blake? vtc?

icodestuff

newbie

Activity: 44

Merit: 0

Quote from: BitcoinNational on June 23, 2015, 10:08:06 AM

stay POW
better to go anti-asic
neoscript, YSCRIPT or LYRA?

BUT

right now Global is very a-okay script network
it may not have to fork, just nice to have plan B on the table.

a-okay?? Are you serious? the network hashrate is barely 40MHs... for literally less than $5.00 any idiot can hire the hashrate needed to attack the network.

POS please. POW needs too much backing, the market is saturated and you're competing for POW hardware to mine this coin instead of others. Or AuxPOW but then the coin becomes a throwaway, something you get on the side.. I don't know POS just seems more logical with the current circumstances.

BitcoinNational

legendary

Activity: 1470

Merit: 1010

Join The Blockchain Revolution In Logistics

stay POW
better to go anti-asic
neoscript, YSCRIPT or LYRA?

BUT

right now Global is a very a-okay scrypt network
it may not have to fork, just nice to have plan B on the table.

orco#2

hero member

Activity: 868

Merit: 1000

I believe POS is something the devs are still looking to accomplish.

Telescopium

sr. member

Activity: 242

Merit: 250

Diamond good coin

Quote from: orco#2 on June 20, 2015, 10:43:38 AM

Please expand on your future plans notion.

This is a change the scrypt algorithm and adding POS.

orco#2

hero member

Activity: 868

Merit: 1000

Please expand on your future plans notion.

Telescopium

sr. member

Activity: 242

Merit: 250

Diamond good coin

So is there any change in the future plans of the coin, or everything will still be limited to the release of the new wallet in case the fork?

orco#2

hero member

Activity: 868

Merit: 1000

I think this is due to the hacking that was going on a while back. I had never seen anything like it.

CrazyCoins

full member

Activity: 182

Merit: 100

Just2CRAZY

Quote from: CrazyCoins on June 18, 2015, 11:15:23 PM

!!! WARNING: This user is a newbie. If you are expecting a message from a more veteran member, then this is an imposter !!!

Hey man. Is it you that is helping me ### ##### or are you waiting?

Wow!!! I have NEVER gotten a message like this with ANY of my names. Kinda sux. Oh well. Sorry I sent a message to you but I was curious about something and did not want for it to be in the open. Believe me..it will NOT happen to you again. LMMFAO!!!

CrazyCoins

full member

Activity: 182

Merit: 100

Just2CRAZY

Coin is moving WAY up as far as were it was volume wise. I wonder if it is close to the vol. of the copy globalcoin. (This one will always be the genuine and outdo the fakes)

Topic: [GLC] Globalcoin | 4 Year Anniversary 1.5.4! | NO IPO, NO PREMINE | [SCRYPT] - page 25. (Read 225833 times)