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Topic: [Ħ] ►HYPER v2.0►Game Currency ►Space MMO►Game Servers ►Community Driven►AD ASTRA - page 65. (Read 79104 times)

legendary
Activity: 1315
Merit: 1002
Almost missed this one (thanks to crazyjack for the PM), HYPER was a great one to test with new wallet updates & will have to watch how the new chain turns out  Wink

I am glad i woke you up from the deep Hyper-hibernation state (damn, this sounds good).

You are welcome to test new chain, by the way, it works flawlessly. Many stuff need to be added but first, swap process is a priority number one.

If you need any help let me know? Just to satisfy my curiosity, when was the last time you open your (old) HYPER wallet?  Grin

Anyway, some additional changes might happened in the future, nothing seriously, take a look at this voting poll and leave your vote if you have not yet.

Click on picture to vote
(it will take you to "Google Forms")

And RESPONSES can be seen here.
hero member
Activity: 614
Merit: 506
Applications
Almost missed this one (thanks to crazyjack for the PM), HYPER was a great one to test with new wallet updates & will have to watch how the new chain turns out  Wink
member
Activity: 65
Merit: 10
I also agree with HiggsBosunBlues and foroplus regarding the stake increase going from 5% to 10%.

One of the things that made HYPER popular in the beginning was the generous staking rewards. If we are going to make a change, it shouldn't be because a developer made a mistake, it should be because the new staking rewards are going to make HYPER unique and potentially more valuable.

The healthy discussion is good for the community and I think it'll only make us stronger and more likely to be successful.
legendary
Activity: 1212
Merit: 1052
Coins like HBN, CAP, TRK, TEK had huge user bases and they were all due to the generous staking rewards, all were set way above the stake rate of HYPER. The mistakes they made was to leave them running for so long with a high stake reward, the devs no longer work on the coins and it they slowly die due to massive inflation.
We could take lessons from these coins, Hyper is still at a low supply and needs as many users to jump on board as possible during the rebirth. I dont want to inflate it to the numbers these coins reached.

Perhaps a simpler short term plan is something we could think about. Something like 20% for a year, then 10% for a year.
This will give us a supply around the 10 million mark in two years time and that is if we all stake at MAX, which we wont. We could then move to 5% forevermore. Hopefully by then, HYPER has a whole bunch of other uses that will attract new users. Right now, it doesn't.
The current setup of 5% for 3 years, then rising to 10% makes no sense to me anyway.

Good discussion either way chaps.
I completely agree with Higgbosunblues.
This can be an intermediate solution.
legendary
Activity: 1315
Merit: 1002
So i am against this 5% annual stake rate for another 3 years, although this is against HYPER but its in favor of my integrity.

I will put together a simple voting poll where we will be able to cast our votes. Although i don't like putting this question to vote again, cause it has been already decided in the past. But...i don't matter, community does.

But again, this is not something relevant that has to be changed right now. It can wait.

Ok, guys, i put together this voting poll, where you can express your opinion about our little problem, as said, we already voted about that, but that was before new wallet came.

Some would prefer and stay with new "mistakenly" added specification, some would like to see old specification back.

Anyway, express your feelings as you wish. But keep in mind that even along the road to AD ASTRA ("to the stars") many things happen (bad and good) and we all have to adapt to new situation. Just take a look at APOLLO 13 for an example.

Click on picture to vote
(it will take you to "Google Forms")

And RESPONSES can be seen here.

member
Activity: 103
Merit: 10
I can appreciate the desire to limit the supply but I am not a fan of 5% a year. It may as well be nothing in my opinion.
This kind of rate is for coins with 100 million+ in supply, not Hyper.

Lets not be too quick to keep the current mistake made in stake rates because its easier to leave it as it is. Again, I can see the reasoning behind the suggestion but the drop from 5% a month to 5% a year changes the coins fundamentals completely.

20% a year might keep me interested, 5%.. meh. I dont think i'd even bother, I just dont get any joy from obtaining meaningless stakes of dust in my wallet.

I can see your point too in enjoying large stakes, but what is the point of these large stakes if over time the coin becomes worthless? All the high stake coins like HBN are trading for peanuts now, so unfortunately i think it has been proven that high stake coins become worthless over time.

It was a mistake the wallet has this stake % rate, but I am very happy with the mistake.

If we have a poll I want to run it in such a way that each user only gets 1 vote, perhaps they need to send a vote from their wallet as a message. I will think about this and let you know how we will do it.

Coins like HBN, CAP, TRK, TEK had huge user bases and they were all due to the generous staking rewards, all were set way above the stake rate of HYPER. The mistakes they made was to leave them running for so long with a high stake reward, the devs no longer work on the coins and it they slowly die due to massive inflation.
We could take lessons from these coins, Hyper is still at a low supply and needs as many users to jump on board as possible during the rebirth. I dont want to inflate it to the numbers these coins reached.

Perhaps a simpler short term plan is something we could think about. Something like 20% for a year, then 10% for a year.
This will give us a supply around the 10 million mark in two years time and that is if we all stake at MAX, which we wont. We could then move to 5% forevermore. Hopefully by then, HYPER has a whole bunch of other uses that will attract new users. Right now, it doesn't.
The current setup of 5% for 3 years, then rising to 10% makes no sense to me anyway.

Good discussion either way chaps.

legendary
Activity: 1315
Merit: 1002
Where I can buy old Hyper, there are any exchangers?

There is no market exchange for someone to purchase old HYPER anymore.

@Community, please give a response as to whether we would like to keep the current PoS reward at 5%/year or to have it changed to 5%/month.  The developer made a mistake and put the wrong stake percent in for the next 3 years.

Its really hard to say now what is the best way to handle this particular situation for HYPER. All your arguments about each situations are good and solid enough for each way HYPER will go. As fair as I can see, the current specification goes in favor of HYPER in long term view. I've already told CryptoDatabase my point of view about that and it hasn't changed since then.

As far as like this new specifications, personally i can not pass what i have stood for in the past in that voting poll. Stake rates and periods should stay the same or at least should not differ that much from the old HYPER version.

So i am against this 5% annual stake rate for another 3 years, although this is against HYPER but its in favor of my integrity.

I will put together a simple voting poll where we will be able to cast our votes. Although i don't like putting this question to vote again, cause it has been already decided in the past. But...i don't matter, community does.

But again, this is not something relevant that has to be changed right now. It can wait.

I recommend firstly we collect our votes, then end this swap process and after a swap we either fork HYPER to new version or not.

And in the same time, it would be good to ask if HYPER can get any compensation, a reimbursement maybe, from developer not delivering a product as it was planned.

Owner of the project! Read my last messages! You had to record claims... And to lay down the conditions since April 21!!!

I don't really understand what you are trying to say.


I agree with CryptoDatabase.

pressing207, maybe you should do posting in your native language and we will, with the help of appropiate tool for translation, able to understand you completely. No offense, all nationality are very much welcome. The sad part of not writing properly is a loss of essential informations you are trying to pass on us. Believe me, english isn't my first language either, so i am struggling sometimes putting right words together to make any sense.


I received the PM and will see if crazyjack can verify it as my wallet is offline, thanks.

I will try to verify it as soon i get an old HYPER wallet online again.

Anyway...why are my posts always so long, i hope you don't fall asleep while reading.
legendary
Activity: 1596
Merit: 1005
https://cryptodatabase.net
Solutions to above possibilities,
1. No solution
2. Sign a message from BTC address 1DAXoynA9hMQ1fY6nPeBCA2YnmLjptaaev or DOGE address DM6XDBtWNrDHmywfHfuJ6XYn9eoPwcfvSf to prove ownership of account
3. 20,500 will be sent to desired address

That is an old multibit wallet that I haven't used in years, but I'm sure I can figure out how to sign a message.  

My reasoning for wanting to keep hidden isn't for a $105 dispute, it's the fact that more info can be gained from that transaction, like my full wallet size.  Do you post your exact holdings on a public board? Maybe no one else cares about stuff like that but my financial business is no one elses business.

edit- alright message sent


I do actually share my holding information and have for years. I own about $10,000 in cryptocurrencies with the largest being BTC at just over 4 BTC. Assets I own total another $10,000 bringing my worth to around $20,000.

This is a community matter and the community has to know who it is going to make a decision on. They cannot do this if they don't know who they are even talking about. It is the communities business because it is their coins at stake.

I received the PM and will see if crazyjack can verify it as my wallet is offline, thanks.
legendary
Activity: 1386
Merit: 1000
I can appreciate the desire to limit the supply but I am not a fan of 5% a year. It may as well be nothing in my opinion.
This kind of rate is for coins with 100 million+ in supply, not Hyper.

Lets not be too quick to keep the current mistake made in stake rates because its easier to leave it as it is. Again, I can see the reasoning behind the suggestion but the drop from 5% a month to 5% a year changes the coins fundamentals completely.

20% a year might keep me interested, 5%.. meh. I dont think i'd even bother, I just dont get any joy from obtaining meaningless stakes of dust in my wallet.

I can see your point too in enjoying large stakes, but what is the point of these large stakes if over time the coin becomes worthless? All the high stake coins like HBN are trading for peanuts now, so unfortunately i think it has been proven that high stake coins become worthless over time.

It was a mistake the wallet has this stake % rate, but I am very happy with the mistake.

If we have a poll I want to run it in such a way that each user only gets 1 vote, perhaps they need to send a vote from their wallet as a message. I will think about this and let you know how we will do it.
member
Activity: 91
Merit: 10
“Create Your Decentralized Life”
Solutions to above possibilities,
1. No solution
2. Sign a message from BTC address 1DAXoynA9hMQ1fY6nPeBCA2YnmLjptaaev or DOGE address DM6XDBtWNrDHmywfHfuJ6XYn9eoPwcfvSf to prove ownership of account
3. 20,500 will be sent to desired address

That is an old multibit wallet that I haven't used in years, but I'm sure I can figure out how to sign a message.  

My reasoning for wanting to keep hidden isn't for a $105 dispute, it's the fact that more info can be gained from that transaction, like my full wallet size.  Do you post your exact holdings on a public board? Maybe no one else cares about stuff like that but my financial business is no one elses business.

edit- alright message sent
full member
Activity: 443
Merit: 100
Where I can buy old Hyper, there are any exchangers?
newbie
Activity: 42
Merit: 0
A revival for HYPER! Hope to be nice and successful!
sr. member
Activity: 537
Merit: 251
What inflation? Now the price of a coin of HYPER is equal to zero! God grant HYPER will revive! It is impossible to change the principles!!! It is unambiguously necessary to do 5 percent A MONTH!!! It is that motive which attracts people to hold and attract new people!
member
Activity: 103
Merit: 10
I can appreciate the desire to limit the supply but I am not a fan of 5% a year. It may as well be nothing in my opinion.
This kind of rate is for coins with 100 million+ in supply, not Hyper.

Lets not be too quick to keep the current mistake made in stake rates because its easier to leave it as it is. Again, I can see the reasoning behind the suggestion but the drop from 5% a month to 5% a year changes the coins fundamentals completely.

20% a year might keep me interested, 5%.. meh. I dont think i'd even bother, I just dont get any joy from obtaining meaningless stakes of dust in my wallet.
legendary
Activity: 1386
Merit: 1000
5% per year interest will help keep HYPER more valuable. I actually think this is great unintended affect of the relaunch, and it should be kept this way.

Should we start a poll though, just take make sure most of the community agree with me?

I also believe this would benefit HYPER more than setting it to 5%/month again. If we decrease the large inflation and there are less coins being introduced then the coins will have more value. The higher HYPER's value is the higher the chances of attracting bigger services into incorporating it.

If HYPER was set at 5%/month then just the swapped coins already confirmed, if they stake it, will introduce an additional 93,000+ HYPER in 1 month. That amount will compound monthly and grow at a substantial rate decreasing HYPER's worth even greater. 93k this month, 98k next month, etc. At it's current rate the inflation would only be 1/12th that at around 8,000 HYPER.

A poll on this would be great.

crazyjack has proven himself to be completely trustworthy when it comes to helping users with the HYPER swaps.

If the user has the old HYPER wallet.dat, perhaps they can give it to crazyjack, he can then verify the balance and process the swap for the user.

This should help sort out most of the problems regarding authenticity CryptoDatabase, what do you think? At least for the people that may very well be having genuine issues with the old wallet. I agree we need to be careful, it would be disastrous if someone somehow claims a large amount of fraudulent HYPER.

He mentioned he can sign a message from the address that it was sent from. If everyone thinks the coins should be sent out again then it can be done, just depends on what everyone wants to do.

I think everyone who has participated in the swap and relaunch wants to see their HYPER become more valuable.

So I think we should stick with the new 5% per year staking rate, unless there are considerable objections here that will then warrant a vote.

So if you want to see HYPER go back to 5% monthly interest please let us know, but looking at other high PoS rate coins like Hobonickels, it hasn't worked out too well for them, and I strongly believe that we should keep the rate at 5% per year to help make HYPER more valuable for all of us.

Glad the swap issue is being resolved, you're dong a great job. We obviously want people to be able to swap their HYPER, but it is important no scammers get through and effectively steal HYPER from legitimate users that haven't swapped yet.
legendary
Activity: 1596
Merit: 1005
https://cryptodatabase.net
5% per year interest will help keep HYPER more valuable. I actually think this is great unintended affect of the relaunch, and it should be kept this way.

Should we start a poll though, just take make sure most of the community agree with me?

I also believe this would benefit HYPER more than setting it to 5%/month again. If we decrease the large inflation and there are less coins being introduced then the coins will have more value. The higher HYPER's value is the higher the chances of attracting bigger services into incorporating it.

If HYPER was set at 5%/month then just the swapped coins already confirmed, if they stake it, will introduce an additional 93,000+ HYPER in 1 month. That amount will compound monthly and grow at a substantial rate decreasing HYPER's worth even greater. 93k this month, 98k next month, etc. At it's current rate the inflation would only be 1/12th that at around 8,000 HYPER.

A poll on this would be great.

crazyjack has proven himself to be completely trustworthy when it comes to helping users with the HYPER swaps.

If the user has the old HYPER wallet.dat, perhaps they can give it to crazyjack, he can then verify the balance and process the swap for the user.

This should help sort out most of the problems regarding authenticity CryptoDatabase, what do you think? At least for the people that may very well be having genuine issues with the old wallet. I agree we need to be careful, it would be disastrous if someone somehow claims a large amount of fraudulent HYPER.

He mentioned he can sign a message from the address that it was sent from. If everyone thinks the coins should be sent out again then it can be done, just depends on what everyone wants to do.
legendary
Activity: 1386
Merit: 1000
@Community, please give a response as to whether we would like to keep the current PoS reward at 5%/year or to have it changed to 5%/month.  The developer made a mistake and put the wrong stake percent in for the next 3 years.


5% per year interest will help keep HYPER more valuable. I actually think this is great unintended affect of the relaunch, and it should be kept this way.

Should we start a poll though, just take make sure most of the community agree with me?
legendary
Activity: 1386
Merit: 1000
crazyjack has proven himself to be completely trustworthy when it comes to helping users with the HYPER swaps.

If the user has the old HYPER wallet.dat, perhaps they can give it to crazyjack, he can then verify the balance and process the swap for the user.

This should help sort out most of the problems regarding authenticity CryptoDatabase, what do you think? At least for the people that may very well be having genuine issues with the old wallet. I agree we need to be careful, it would be disastrous if someone somehow claims a large amount of fraudulent HYPER.
sr. member
Activity: 537
Merit: 251
I am sure that my 40000 coins will turn into one million dollars soon!!!
legendary
Activity: 1596
Merit: 1005
https://cryptodatabase.net
It just popped across my mind but this is something great about the HYPER community. If you look at the majority of other coins there are a lot of trolls and shit talkers but if you look at ours its actually quite pleasant most of the time. We have the occasional one, but overall its an okay place.
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