I am a bit confused with Hyperloan concept...
What is the goal ? Making people discover the coin ?
But if someone ask to be on the list for Hyperloan, he must have already a good vision of the coin ? ???
HyperLoan is a reward for outstanding promotional efforts. It also plays a role of a product sampling for those who don't have any HYP but like the idea.
HyperLoan is first and foremost a way to increase the
visibility of HyperStake by giving a one-time access to "super-faucet". This acces, though; comes with a price: you must ask for it, create a dedicated address and give the principal back. All of this requires you to
understand how HyperStake works. That's why I also compare HyperLoan to a serious game: you learn something (HYP) by playing (staking and using coin control). Experience proves that even longtime holders learn things about Hyperstake (creating a address, splitting block to try to optimise their staking...)
The outstanding promotional efforts are "just" a way to prioritize candidates - I did not expected such a success, so I had to find a way to sort people.
If just updated
http://hyperstake.wikia.com/wiki/HyperLoan to make it clearer for newcomers.
At okay. So the HYP Wiki is also wrong because I see it says stacking several times throughout?
Yes, since I wrote most of the content. :)
IDEAWhile all this talk goes around about a multipool for HYP and we already have a POS pool there should be a way/incentive to combine the two....
HyperPool and MultiPool are different things, although the confusion is easy to make and so shall be worked upon.
- The multipool is an "alt multipool" like what exist since Blackcoin invented the concept: a multipool (that is, a coin-switching pool, mining the most profitable coin and dumping it for BTC) that uses the BTC to buy HYP, creating a constant buy pressure. We might improve upon it by using something similar to DMD, which, instead of using its own code, build upon experienced multipools like wafflepool or mining services like nicehash. So, it becomes a sort of "meta-alt-multipool" (like there are "meta-search engines").
- HyperPool on the other hand is a first of its kind, a real innovation. It continues the comparison of PoS with PoW. PoS is just another way of mining (a greener one, by the way). So, like for PoW, we see a concentration of mining power which leaves small miners unable to mine much. Just like, for PoW, solo-mining ultimately becomes useless (except for securing the network) because "the fat boys get it all" and thus pool mining was created, with HyperPool, we are doing the same thing for PoS. Giving small miners a chance to stake in a reasonable amount of time. United we stand :).
I hope the difference between multipool and HyperPool is more clear. For information, HyperPool was first called StackingPool - which doesn't uses our marque "Hyper" but is easier to understand, I believe. Probably one could say that HyperPool is the first ever stackingpool.
(this also means that your Idea #1 is not applicable)
IDEA(2nd)
Why not start a signature campaign? If we have enough HYP staking the rewards should be able to keep the HYP signature payout self sustaining. It wouldn't have to be much, perhaps we could start with 1-10 HYP per post.... Extra if it points to HYP in some way. What we don't want is to start spamming HYP tho, which most sig campaigns do.... I wouldn't be able to design a sig campaign, but sure would love to manage it via excel, or google spreadsheets for transparency.
Do you mean something like Primedice, where people get some BTC just for displaying the primedice link on their signature? If yes, it could only be considered if it can be automated.
I will investigate your
Greencoin link later.
Multipool is also a great feat and community strenghtener. Not trying to sound copycat, but the multipool website 2.0 that Blackcoin devs designed was great and gave a sense of strenght. Also the multipool fees had an option to, for example, set up 1 or 2 % to the pool operators AND 1% or 2% towards the Shield.
Im still not much convinced about the success of the shield, tho. Seen lots of them and they eventually always fail if macro fails. But maybe is a matter of size, for example, i dont think XMR dumpers will be able to break Rpietila 100 Wall on Polo... Lets see. Also i expect great things from David's shield. With his experience im sure he will have one or two tricks under his sleeve.
Either the HyperPool website (centralised) or
Multisend with a
triggers on originating address (decentralised) could be used for HYP. Daisy-chaining the pool to the buy wall? (pool to wallet to buy wall)? Yep, possible, that the power of daisy-chaining :)
We yesterday had a brainstorming session on IRC and the result looked like this:
"Preemptive action, progressive retaliation"
1.
Preemptive action. Whales use S4C/
HyperSend to kill the pump before it explodes (remember; "
HyperShield is a set of practices more than a technology"). For instance: if the price is below 5K, they don't sell. If the price is above 5K, they send 25% of their stake to the exchange for selling (StakeHunter pledge). If the price rises too quickly ("too quickly" being decided by the community), they raise the percentage of staking to be sold. 33%, 50%, 75%, 100%. The will generate an increasingly high sell pressure that will neutralizes the pump. Why just the whales? First, everyone can do it; second, "
noblesse oblige" (with great powers come great responsabilities - read
Rich man's problems).
2.
Progressive retaliation. If this doesn't suffice and the pump does explode into a dump, then the first retaliation is to activate a market bot for helping in a "soft landing".
3.
Progressive retaliation. If it is not enough, then we "go nitro". This means using some of BTC accumulated by HyperShield (donation, eaten buy walls...) to buy hashing power at nicehash. The multipool mines like crazy(loaf), much like a car with nitromethane. And I like the imagery more than "steroids" :)
4
Progressive retaliation. Finally, as a last resort, we erect a buy wall with the rest of BTC from HyperShield (it is important that a buy wall is not constantly erected). Worst-case scenario (the buy wall gets eaten), we have more HYP to sell later at higher price.
This strategy is inspired by the
defense in depth strategy in IT security.
