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Topic: [GLC] Globalcoin | 4 Year Anniversary 1.5.4! | NO IPO, NO PREMINE | [SCRYPT] - page 27. (Read 225833 times)

hero member
Activity: 868
Merit: 1000
Ah cool, someone is hungry for glc on the cheap.  .39 btc at 0.00000111
hero member
Activity: 868
Merit: 1000
Client updates cant be too far out.  I think the devs are trying for two seperate updates.
hero member
Activity: 868
Merit: 1000
The longer the hold the longer the potential hold rewards?
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
if you are hot for POS
pure stakes?
@2%?
You'll need quick min. time to encourage constant staking ... say 4hrs. (or less)
plus min. reward ( 1 GLC)
I also suggest long Max. window ... say 90days. (so people can hold in cold storage too and stake 4 times/year)
plus exponential 'weight' so long held coins move to the top of the 'wait' list to stake on the curve.
but if 10000 GLC and 100 GLC are staking at 4hrs held.  Both have basically the same weight, so it is a lottery open to all given no long held coins are staking.

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wild card (i have not seen this code yet)

1. stay POW say flat reward (1%)
2. (if it is possible) the POW miners also find and reward addresses that have held GLOBAL for xx days without spending aka frozen funds.
This is stakes without the staking, the POW miners do it.  Possible?

Example ... address with 1000 GLOBAL held for 90days spends 0.1 GLC ... blockfinder notes this transaction and pays 'holding' reward
POH

----
Moving to stakes can be done down the road, being ready for that move can be done now.
newbie
Activity: 44
Merit: 0
Well I'm going away for a "tech free" long weekend, looking forward to more updates when I get back Wink
hero member
Activity: 868
Merit: 1000
I have grown to love this idea. Central banks target 2% inflation.  There is likely a good reason to do so, plus as folks have stated, it rewards holders.
newbie
Activity: 44
Merit: 0
How about converting to PoS with 2% yearly interest and developing a multipool that pays out in GLC thus catering to miners of any kind whilst offering buying support on exchanges?
hero member
Activity: 868
Merit: 1000
pump 'n dump?


do you have to ask? of course it is

How did you even find the GLC thread and why come in and start bashing? GLC never did nothing to you.
legendary
Activity: 1008
Merit: 1022
pump 'n dump?


do you have to ask? of course it is

It's a 2 year old cryptocoin. I think that stage has long passed.
member
Activity: 68
Merit: 10
hero member
Activity: 868
Merit: 1000
legendary
Activity: 1008
Merit: 1022
Block Browser Added to Client

legendary
Activity: 1008
Merit: 1022
Good work!

Guess it should be stated that this is not a mandatory update (hardfork). The fix to the diff will be...da da dum.

Already on developer Github for 1.6.0.0 release
legendary
Activity: 1270
Merit: 1000
Good work!

Guess it should be stated that this is not a mandatory update (hardfork). The fix to the diff will be...da da dum.
done

Whoops, didn't mean on the OP...just here in the thread...but do what you think is best. Sorry..been a long day  Embarrassed
legendary
Activity: 1008
Merit: 1022
Enabled GCCs Stack Smashing Protection, Static Build to git. Lots more coming.
sr. member
Activity: 1638
Merit: 251
Good work!

Guess it should be stated that this is not a mandatory update (hardfork). The fix to the diff will be...da da dum.
done
legendary
Activity: 1270
Merit: 1000
Good work!

Guess it should be stated that this is not a mandatory update (hardfork). The fix to the diff will be...da da dum.
legendary
Activity: 1008
Merit: 1022
Add map port using UPnP enabled by default.



https://github.com/muddafudda/GlobalCoin/commit/5dfdb3f654239779e1aa405ebe1da08de5b44d08

thanks to whoever sent me GLC, it keeps me motivated.
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