Topic: HyperStake Development Journal (HDJ) - page 6. (Read 18423 times)

Love it David. Great that you still have the original posts of how HYP came to be. One day a book will be written on HYP and how it changed the crypto POS world.

We decided to create HyperStake for at least two reasons:

• We wanted to experiment in cryptoeconomics. Only by doing our own coin we could place an emphasis on experimentation ("something crazy like 750%" dixit presstab), without the burden of existing holders feeling betrayed. So the creation of the coin itself was an experiment, since it became the very first fork launch (that we know of).
• We wanted to do something good for TRK holders who got burnt by what was by then (that is, before noise23's take over) just a fast-POW-dump-on-POS coin like many others. As the ANN says: "After buying into TruckCoin and seeing the diminishing exchange rate because of lack of dev support, we decided to take things into our own hands. We are giving the TRK community a chance to make their coins worth something again.  We get to take the coin into our own hands through a voluntary hard fork and we plan on adding many features through time. Join the experiment with us.". Caritas at work.

Then came the time to choose the name. We did not want the name to end with -coin but that was our only requirement. Then lighting stroke:


Tadam!

(to be continued)

P.-S.: Three anecdotes.

• 750% was first considered for NOBL, but technical difficulties prevented (and still prevent) a pure PoW like NOBL to become PoS. So we recycled the idea for TRK.
• TRK was supposed to have a min age of 8 hours, like Blackcoin - and that's why I was interested in it first : 200% like BottleCaps and min age 8 hours like Blackcoin. Unfortunately, the so-called "dev" of TRK messed something up and the min age became 8.8 days. I wanted this fixed for HYP but ultimately it was not (presstab could not wait to launch HYP , so we have 8.8 days. I still miss the 8 hours, but well, c'est la vie.
• I planned the original ticker to be HYPE, but several people (including me at a time), were concerned with this ticker giving HyperStake a bad reputation. So we sticked with HYP.

Thank you everyone, I'll try to post at least once a week, but I can't promise. Presstab, mafort1469, zeewolf, feel free to post to about coding practices, management practices, background... this is HYP dev journal, not only David's. But you can also just read, no problem either

You are a very professional project manager, David, and your projects are the proof of it.

Good post David, interesting to hear about your background.

All I can say is Bravo David!

Alright so where should I start? Oh yes. The Holy Trinity.

I like to say than when you want to create a project (and make it work), you shall focus on these three things:

1) Gather a (good) team
2) Focus on what really matters
3) Keep on going
(addition from my teacher: have a vision)

I have some experience with managing groups. I started with Might and Magic: Heroes Kingdom (I just learnt they shut it down on September 1, 2014, two weeks ago) - I still remember what it felt like to be one of the very first users (it was French-only by that time), a bit like I felt on these days of April 2014 with Monero. On MM:HK, I learnt to handle an alliance, to be sure people were happy, to delegate, to negociate, to grow... and to spend too much time on it, to develop bad sleeping and eating habits, to endanger the rest of my life.
Later on, I created a still-running publishing house, Scriptarium (Fighting Fantasy and Lone Wolf) and I learnt (we learnt) to face adversity and calomny, to handle growth, to get a reputation as being reliable enough that we are routinely signing international contracts. And again I learnt how do delegate better, how to spare my own life more, how to better handle stress and criticism and, maybe more importantly, to be proud when the pupils became better than the master (hint: the master was me).
Same again for the International Longevity Alliance and, closer to what is at stake '(oops, pun not intended), with the Mintcoin Fund, the world first-legally registered NGO for an altcoin. I'm so glad I found Jessica Hartmann (happy birthday, Jess'!), she is doing an awesome work with the team on Mintcoin.

In all of these projects, a good team was instrumental. The more it goes, the lesser the time ratio of my time over total time on a project, because the more proficient I became at finding people who would do better than me and be happy about it.
A project is as good as the people running it. Remember this, always. And always remember that strength doesn't come from uniformity, but from diversity. The great Saint-Exupery once wrote (Citadelle, 1948): "If you differ from me, my brother, you do not hurt me; you make me richer".

This is how I approached HyperStake. Two souls both different and similar. Presstab is a great coder, I've seen him working on TEK, MINT and NOBL. I do not code (save HTML) but I dare say I have some ideas and I'm pretty good with communication. And above these complementary differences, we both have the same thirst for honesty, exploration, optimisation and giving something to the community.

And thus came HyperStake.

(to be continued)

Awesome idea David 

Excellent David. Look forward to this thread and topics!

Welcome everyone to the HyperStake development journal. Here we will share our thoughts on HyperStake on a bit more personal way that we do on the official HyperStake thread. Not that we feel constrained in any way of course, but we feel it is better to have two different threads for two different goals - one for the coin, one for more personal considerations - and as a courtesy to people not interested in long theoretical speeches.

The title itself is an obvious nod to one of my favourite thread, tokyoghetto's late HBN Investment Journal (by the way, this thread will be self-moderated, so no abusive trolling problem here). I really enjoyed reading tokyoghetto all these weeks and he was instrumental in my interest in PoS. So tokyo, if you read this, a big thank you.

Thanks to the polysemy of the word development I can use this word in the title without being incorrect. So I will mostly speak here about considerations regarding the future of HyperStake, the faster-than-light crypto.

1. Project management
2. Inception
3. Stone=1; Birds=many
4. Where no coin had gone before
5. HyperDigest #1
6. HyperDigest #2
7. Live and let dump
8. Rich man's problems
9. The virtues of inflation
10. HyperDigest #3
11. Hyperstake for everyone - Stake and Cash
12. Miners dump, stakers don't
13. HyperDigest #4 - HyperStorm
14. Teaming up for new heights
15. HyperPool, the first PoS pool mining
16. Max generation and its consequences (mostly incorrect)
17. Network security and why it matters
18. Features galore!
19. Feature: disablestake if X
20. HyperDigest #5
21. Development entry not in the development journal