Topic: GlobalBoost-Y $BSTY GlobalBoost®, Yescrypt Social @NetworksManager™ - page 35. (Read 630537 times)

I'm sure it's hard to know exactly, so any approximate idea of when this might be resolved?

Hey tamara163.  Yeah we have been attacked by bstymaster.  bstdev is putting together a fix now.  The block reward will not increase or decrease it will stay the same.  bstymaster was not happy with our coin and decided to attack us, rather than be professional and post there concerns.  Once this is resolved everything should be re-enabled again at bittrex.

51% attack?

ok... please support me properly then:)

What is your feedback on my 1024 block reward? (too high? too low?)
And how do you think we should decrease this reward in time? 

For now I left it with the 4 year halving, inherited from the bitcoin source.
Which BSTY team copy pasted. Then copy pasted Yescrypt, and now they claim ownership over it, even though it's public open source code.

As for anonymity, I think I already explained how I would be doing it. But hey! why am I even engaging these scammers?   Nevermind.

At this point you agreed with the 50 reward that's why you mine. I cannot do anything about this. For now, should stop mining, as of now the coin has ZERO value. It is insecure, with the 50 block reward.
But if from block 29200 you like 1024 reward block, install my version.

Anyway for this to work, *most* users must install this, including exchanges and pools.

So we need many users to express their support.

Your work with 50 reward block will still be valid, because the reward change occurs only after block 29200, until then, the 2 versions are compatible.

edit:
As for compensation, if you are amongst the first to mine at 1024 reward, you will get a lot of coins, but eventually a lot of people will mine, so you will be finding less blocks yourself (but more valuable). But once more people start mining, the coin will once again be secure, and the exchanges should accept it, so it will have value. Still until the difficulty raises above 2.048, you will still earn more coins. For your reference, diff was never higher than 1.000 when the reward was 347.

In effect, by supporting the 1024 increase, you are getting compensated for 3 months worth of worthless mining, that the BSTY team forced you into.

And I must insist that it is not my fault that the coin is insecure, the BSTY team did this to you, I ONLY EXPOSED THE FLAW.

PS: don't forget to give me your feedback on what you think the reward should be after block 29200, and give me suggestions on how to schedule the reward decrease. Anything goes, it doesn't have to halve every 4 years, we can change it in any conceivable way, as long as everybody agrees to this.

how you plan to compensate the lost for us ( i hold >20000 BSTY) from mining , buying and pool fee... now if you make the block 1024 all my work is gone from 20 blocks?

how you plan to compensate the lost for us ( i hold >20000 BSTY) from mining , buying and pool fee... now if you make the block 1024 all my work is gone from 20 blocks?

Hi CPUcoins,
Coin price or value of block reward (same thing imo) will drive miners to BSTY.  The price was increasing as the supply had dropped, it was just a matter of time before we started to see higher prices.  The value, volume, and popularity of GlobalBoost has been growing at a steady and increasing rate.  We are working with multiple developers and the team will secure the network.  We will have GPU miner ported to Yescrypt very soon.  GlobalBoost BSTY will emerge a much stronger currency and company.

David Porter
Executive Director
https://twitter.com/PalmBeachHair

Coin price or value of block reward (same thing imo) will drive miners to BSTY.

The value, volume, and popularity of GlobalBoost has been growing at a steady and increasing rate.

Hi CPUcoins,
Coin price or value of block reward (same thing imo) will drive miners to BSTY.  The value was increasing as the supply had dropped, it was just a matter of time before we started to see higher prices.  The value, volume, and popularity of GlobalBoost has been growing at a steady and increasing rate.  We are working with multiple developers and the team will secure the network.  We will have GPU miner ported to Yescrypt very soon.  GlobalBoost BSTY will emerge a much stronger currency and company.

David Porter
Executive Director
https://twitter.com/PalmBeachHair

There is no Developers. Only one developer Me.  This is my wallet