Topic: I/O Coin - Ticker: IOC - Stealth Blockchain Ecosystem - Dions - Chameleon - page 100. (Read 719184 times)

you caught me. not false, nor ignorant and hardly paranoiac. ive been doing all the auto trading...in mass quantities of course (though i never have been accused of having a sense of humor).
i thought i could hide it in a natural hux-flux of volatility....how silly and incompetent of me to think so. Probably because i was lost in this never ending trolling allegory.

with all this manipulation maybe you should stay clear

and in case your still wondering.... it was i who killed cock robin

well a simple "ok thanks" attitude won't stand in a debate where you have to argue your point. With that attitude I hardly doubt you'd succeed, it shows immaturity... I'm being very honest here. I wouldn't say these things if I don't know through experience of my own character development. Be warned...! I'm pro I/O coin, b.t.w so its a pity that you misread any intent in my statements. That doesn't mean I will molly-coddle...

Growing "iresome".
I'm not trolling. I'm expressing my fears. Its not a  personal add hominem attack. Wake up.
Your conceit evokes a stench in my nostrils.

Hi,

We are not going to compare anything with other projects. Our project is unique just like ETH is an unique project.
So you should do your own research in the differences. If we answer that question, then the next answer would be: compare it to Bitcoin, compare it to DGB, compare it to DCR, compare it to LYSK etc.

If you understand what the possibilities of sidechain technology are, why that should be needed and you have read our project Chameleon page on iodigital.io, then you will understand what the needs are for sidechain technology and understand the differences with ETH or any other project that just only rely on their own Blockchain.

Thanks
Richard

Could any of the devs elaborate on a more precise explication of how having sidechains is in any way relevant compared to ethereum? I am trying to get a vague idea here, it almost seems as though sidechains would be redundant? Why are they so special? What can they do that you can't do on Ethereum? I think it could benefit the audience to know this.

And a sad mention is today I see the chart on coinmarket cap, and it looks like a hemisphere with some noise added to it, like it is auto-trading and someone with a sense of humour thought it would look natural enough so no one could see the hemispherical arc underlying the supposed natural hux-flux of volatility, almost like a trolling allegory to the incompetence of the audience. Reminds me of DarkCoin's pump and dump in 2014 where they hit over $15 (when I should have sold, after having bought in at over just $1), and then slipping way down to $2-3 rapidly thereafter. suspiciously synthetic looking chart. Perhaps a false or ignorant, paranoiac allegation, but what can I say...

Very good work and long development !

IOC downtren bro 

Very True, Cash Rules, Theres  the Rich who get Richer and the Poor who get More Poor, that is the world we live in. Thinking about it, the staking rewards, i guess those who "risk" more money when investing should get more rewards, like any investment.  Banks are a classic example there more you keep in there the more interest you will earn.

So, to keep it simple....

If you want more staking rewards, then you need to have more coin in your wallet.  With all the wonderful developments IOC is "cooking up" it will certainly e a good idea to stock up on IOC before the price rockets when businesses are using the Unique Blockchain.

Thanks for the input everyone, always good to have a civil debate here.

PS: Regarding Developments, I/OCoin always makes sure things work 100% before releasing, take a look at other coins threads (like i like to do) you will often find many coins, with a year+ behind them, still cant even get wallets to work properly and thats just the basic QT.  IOC is pushing the boundaries and once the new HTML wallet is released i am sure it will work great.  The main reason for this, is dedication, pride in their work and also, more importantly, they really care and think about the community and always want to give the loyal followers and supporters, the best product, this is a true testament to IOC' strengths. IF i was a VC looknig at IOC, i would be very impressed by this work ethic.

Age old discussion had on many forums about many projects......

It is all good, but the money runs the show.  Even a successful project must produce it somewhere and somehow to remain relevant.

Keep building this great idea, lots of work and a little luck, it will go somewhere!  Don't hate the money, it moves the world.

Is Ethereum building a multi blockchain ecosystem? isn't augur and all the other projects build on top of ETH Chain?

mctaino you say you're building a blockchain ecosystem for the world. That's all dandy, however. Aren't you trying to do what Ethereum is already busy doing? How is I/O different or better? and how would the Dioex be in any way more popularizable than bitshares which in itself doesn't seem to be holding much sway even against risky centralised exchanges like poloniex and the now defucked, oops, I meant, defunct, cryptsy...? Please, this is not an ad hominem attack, and I'm not attacking I/O, I'm just taking stabs in the dark to see if you could perhaps enlighten me.

Lastly I remember a quote by a prof of the Wharton school of Management, J. Gharajedaghi, who said that "the world isn't run by those who are right, it is run by those who can convince others that they are right." So, even with your hard work becoming crystalized -and bless you for that - in the coming weeks and months, how is it that you will convince the general population - via the ring of cryptonoids to begin with, that what you offer isn't some arcane, sinister technology that has no basis in reality? These are poignant questions that, if asked and defined correctly, could lead to successful marketing results... I think if you had all the cryptonoids on your boat first, it would certainly straighten the path for the wider population - but everyone seems to be riding the ethereum bandwagon...

We are not building a crypto coin for crypto people, we are building a Blockchain ecosystem for the world, by the time we are done you can give your meaningless rewards to the less fortunate. That's if you are still around  

Consider this, most (i'd say 70%) people in crypto have less than 5btc.  less than this is not going to give you much in a way of staking rewards, so no incentive to stake, so IOC could be missing out on 70% new people wanting to buy and stake the coin.

And the "rich" people, could care less about taking rewards because its total peanuts to them.

See the point i am making?

I think it is a very valid one. Very few people will stake because they are loyal to the coin and stake to support network only.
(Like i do, i stake to support, rewards to me are meaningless)

Hey, rich guys, come and buy as much of this coin as you can, please!  Hehe, would work for me!

Large holders spent and have been spending thousands of dollars buying ioc. Some maybe spent thousands in rigs if they mined ioc in the beginning. From our early days, 70% of our entire supply has exchanged hands in the markets. The rest of our community like me bought and continue to stake. If people who believe in staking are buying assets/coins and risking money, which are non spendable or available for immediate dump, I believe they should get rewarded accordingly to their staking weight, just like saving money in an institution or hashing power in bitcoin. The more they bought and have held the more weight they get to get a reward, this for such a large commitment.

In the future as the price of ioc climbs also the value for each staking ioc. As newcomers come along, if the price of ioc climbs staking power will become more expensive as also an attack to our blockchain. The big one though unlike bitcoin the big difference is energy cost's, so new comers would be incentivised to stake as energy costs are extremely low. We can have stakers with raspberry pi that own 4k ioc earning a possible .25 within days. So again if the price of ioc swells this would be great incentive even for low coin holders. Now I must make it very clear, Larger holders could be more prone to attack and would have to have a more security surrounding their setups = more spendiatures.  This holders would have to incur in other costs to further to secure their wallets with VPN's, firewalls, etc to ensure safety of their networks.

Although our team has gone out of our way to promote staking since our launch, some miners and or traders have chosen to dump coins even as low as 500 sats. Once this coins are dumped to be re-captured by strong holders who have believed in our blockchain from day one, through thick and thin, I believe they should be rewarded accordingly. All have secured our network, while others have gone for quick profits.

Thanks to all the stakers who secure our network.


The one thing that I can say that always makes me proud to say, is the fact that stakers have sweat, loss sleep over, handled price climbs and worked very hard for our staking coins. Unlike many competitors (other blockchain projects) who created ICO'S and gave themselves free coins  and distributed within themselves, to have an unfair advantage over the ico buyers. Still people buy ICO because of this so called quick profit but in some cases they could end up getting burned and or the project could fail, even before it truly takes off. I also and always question this road as it clearly is a premine.


big hug everyone

rewarding loyal long time stakers has been talked about....and would be a nice gesture given that a lot of IOC strength and resilience come from the fact that anywhere from 55% to 65% of IOC coins are staking at all times...which no small feat.
problem being it may dissuade new comers...fine balance again.
btw i just looked and my first stake was received on 8/14/2014....pretty early on but i think Joel got me beat

Very good questions!

I thnk coin rewards so be given to people who have the oldest coins.  Not the biggest wallet.

This way you have loyals supporters who have bene here since day 1, getting rewards.

Rather than.

Some rich dude coming along, buying a ton of coins and getting more rewards than the loyal IOC supporter.

I know its  a fine balance, but i am really against, rewards going to the biggest wallets.  If you have big wallets in the first place, then a few extra coins a day is not going to matter so much.

Much better off giving to people who hold less if you ask me, give to the people less fortunate than others.

"It is based on stake size, large stakers have more chances of mining the winning tx."

couple of questions .....
under current pos....aren't rewards based on a constant interest rate of 2%..... so a staker with 100 ioc would earn 2 ioc per year in interest and a staker with 1,000 ioc would get 20 ioc per year ?

under the pos as you explain it larger holders will have an advantage and get larger overtime.....doesn't seem fair...or am I misunderstanding?

also

if I have a wallet with one address that holds 1,000 ioc....does that earn more than a wallet with 10 addresses each holding 100 ioc or do they earn they the same?
corollary - will two wallets,  each with one address holding 500 ioc (i suspect many holders like would like to have multiple wallets for safety and security)....also earn the same in total?

Thank you for update and HAPPY EASTER everyone!!!

Great stuff. Thanks for the update guys