Topic: ***MARX COIN****** NEW DEV ******NEW PURPOSE ***MINEABLE - page 3. (Read 22035 times)
Marx Coin on EZPool.net now.
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stratum+tcp://eu.ezpool.net:6679
Username: your_marx coin_address
pass : x
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Good luck !
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stratum+tcp://eu.ezpool.net:6679
Username: your_marx coin_address
pass : x
-----------------------------------
Good luck !
ANNOUNCEMENT
Sometime next week I'm going to make an announcement about the coin/project. The project needs better focus, something to grab on to and aim for. It's not a total departure from its original activist purpose, that sort of remains but with a difference and a better focal point. I see it as a relaunch and I think it will require a new thread and website redesign. Keep an eye on the thread next week. I will announce the coming changes here first. Quite certain what I'm about to propose next week will really help this project. Stay Tuned
I guess dev is gone on vacations
We are waiting for the announcement?
waiting for the news 
POW up to block 169000 then POS. 1% inflation for POS. Mandatory fee on transaction. Fee is burnt.
Monthly limit of 0.1% of supply on funding/investing projects/activities.
Project proposer pay fee to submit proposal and receiving address. Fee is burnt.
Each voter commit desired percentage of coin stake in wallet to vote on proposals. Final votes are tallied on voting date and committed coin stake are deprecated.
Vote again to generate reward block to pay completed projects.
Projects not approved or paid are delisted after 1 year.
Wallet will function as proposal repository, forum and voting.
Only coin owners can participate in forum. Limit of one comment per proposal. Comment can only be edited by original commenter. Comments are listed in order of commenter total coin age.
ANNOUNCEMENT
Sometime next week I'm going to make an announcement about the coin/project. The project needs better focus, something to grab on to and aim for. It's not a total departure from its original activist purpose, that sort of remains but with a difference and a better focal point. I see it as a relaunch and I think it will require a new thread and website redesign. Keep an eye on the thread next week. I will announce the coming changes here first. Quite certain what I'm about to propose next week will really help this project. Stay Tuned
when will you make an announcement about the project ?
SOpool.us has added MARX, only 1.25% fee!
Mine on one of the fastest most reliable pools on the net! We are hosted on the top cloud platform, with built in DDOS resistance!
Multi-Pool is now enabled!
Use your wallet address as your username, and c=MARX as your password.
No Registration required. Rewards will be sent to your address every 3 hours!
Example config below
To get paid in MARX:
Code:
-a x11 -o stratum+tcp://sopool.us:3533 -u MhxVc8biBgSrttNm35vKerxU6WbgQyaoaj -p c=MARX
To get paid in BTC:
Code:
-a x11 -o stratum+tcp://sopool.us:3533 -u MhxVc8biBgSrttNm35vKerxU6WbgQyaoaj -p c=BTC
Donation Address: MhxVc8biBgSrttNm35vKerxU6WbgQyaoaj
Nice update Dev, surprise us all 😂
Thanks for the news, we are waiting for the update
ANNOUNCEMENT
Sometime next week I'm going to make an announcement about the coin/project. The project needs better focus, something to grab on to and aim for. It's not a total departure from its original activist purpose, that sort of remains but with a difference and a better focal point. I see it as a relaunch and I think it will require a new thread and website redesign. Keep an eye on the thread next week. I will announce the coming changes here first. Quite certain what I'm about to propose next week will really help this project. Stay Tuned
Dear Dev,
What percentage will be on the pos and when do you plan to update the coin?
What percentage will be on the pos and when do you plan to update the coin?
I think the swap has been cancelled but that's a good move.
I've been buying up this coin but so have others. Why else would someone have orders in for over a million on both exchanges.
Problem is I'm not getting enough sells*hint*
Traders are holding on to them and as there isn't a large supply
we are only seeing miners sell probably to recover costs.
Continue the mining phase and when the time comes this coin will work out well for holders.
Problem is I'm not getting enough sells*hint*
Traders are holding on to them and as there isn't a large supplywe are only seeing miners sell probably to recover costs.
Continue the mining phase and when the time comes this coin will work out well for holders.
Dear Dev,
What percentage will be on the pos and when do you plan to update the coin?
What percentage will be on the pos and when do you plan to update the coin?
Announcement
Hi folks.
As some of you know I created a new POS coin and the intention was to have the coin swapped. That can't happen now. I contacted the exchanges but heard nothing back so from that alone I wasn't able to initiate the swap. Then the miners mined heavily and went above 40mil coins I created for the swap. Will now have to let the coin go through the process of POW. Lets keep in mind 40 mil wasn't enough for the coins global supply so its no bad thing we allow the mining phase to continue. Once that has completed I would have to switch the coin to POS anyway. if the exchanges got back to me I think it would have happened but I didn't want to push them to hard in case they decided to delist the coin for some reason. Long haul guys.
Hi folks.
As some of you know I created a new POS coin and the intention was to have the coin swapped. That can't happen now. I contacted the exchanges but heard nothing back so from that alone I wasn't able to initiate the swap. Then the miners mined heavily and went above 40mil coins I created for the swap. Will now have to let the coin go through the process of POW. Lets keep in mind 40 mil wasn't enough for the coins global supply so its no bad thing we allow the mining phase to continue. Once that has completed I would have to switch the coin to POS anyway. if the exchanges got back to me I think it would have happened but I didn't want to push them to hard in case they decided to delist the coin for some reason. Long haul guys.
Don't worry about it. It's good you are allowing the mining phase to complete and ensure fair distribution.
Your coins is doing fine. Strong buy support, its clear people want in & they want in for a reason.
Patience
Announcement
Hi folks.
As some of you know I created a new POS coin and the intention was to have the coin swapped. That can't happen now. I contacted the exchanges but heard nothing back so from that alone I wasn't able to initiate the swap. Then the miners mined heavily and went above 40mil coins I created for the swap. Will now have to let the coin go through the process of POW. Lets keep in mind 40 mil wasn't enough for the coins global supply so its no bad thing we allow the mining phase to continue. Once that has completed I would have to switch the coin to POS anyway. if the exchanges got back to me I think it would have happened but I didn't want to push them to hard in case they decided to delist the coin for some reason. Long haul guys.
Hi folks.
As some of you know I created a new POS coin and the intention was to have the coin swapped. That can't happen now. I contacted the exchanges but heard nothing back so from that alone I wasn't able to initiate the swap. Then the miners mined heavily and went above 40mil coins I created for the swap. Will now have to let the coin go through the process of POW. Lets keep in mind 40 mil wasn't enough for the coins global supply so its no bad thing we allow the mining phase to continue. Once that has completed I would have to switch the coin to POS anyway. if the exchanges got back to me I think it would have happened but I didn't want to push them to hard in case they decided to delist the coin for some reason. Long haul guys.
Is there noc what an abdate or something?
Hi Dev
There is no thread link (Announcement) in coinmarketcap so the people no idea about the community interaction,
as the investor always looking for the announcement.
There is no thread link (Announcement) in coinmarketcap so the people no idea about the community interaction,
as the investor always looking for the announcement.
did miners go over the limit just recently and if so how much is produced from pow? Could probably check the op to find that out, but I'm pretty lazy. If exchanges are taking their time you might have to keep going over the limit over and over again depending on how long they take to swap but it is up to you. I'm more in favor of less coins especially if pos reward is going to be generous. A coin count can increase fast depending on the staking reward. Good staking in itself can almost be like having a masternode. So my vote is for best pos reward possible if you want to increase the number of coins and have it reduced after a certain period of time. Don't know how hard this would be to do, but just a suggestion. Have coins for the swap regardless and will be around for whatever you decide.
Current supply is 40502440.00000000
If it could be swapped over in a day or two then it would be fine. The extra would be made up from the premine development fund. But, I think by the time the exchanges got around to the swap that number could be 42 million and I wouldnt have enough coins for development. I currently have around 4.2 Million for that and based entirely on a hunch I think I will need 3 million to pay for stuff. Im even happy to put those in to Escrow until they are needed. No way is any of this a ploy for personal gain. Im a socialist, I share stuff
This is what I would do.
Scrap the newest blockchain. Create new POS coin 90 million. Easily enough for over mining and covers all holders and provides them with X2 of their balance at the time of the swap. Or if there is no X2 I would create 45 million. Again more than enough to cover all holders and whatever is left they would be destroyed. If it were to happen this second I would need exactly 40502440.00000000. With hindsight I realise now I created to few coins.
Lesson learned. Hi Dev. Don't coin swaps typically reduce the amount of coins?
Why do you think that? Will unswapped coins be burned? Or will the old chain still function? Also, I believe to do a swap, Cryptopia will require a relisting. Which is a significant amount of money right now. So I am thinking that MARX would end up on another exchange. Or do you know how to do it so that doesn't happen? You could do the swap on Nova, but this would end up losing Cryptopia. Just some thoughts.
Also, I agree with losing the MARX positioning.
Quote
I think the project needs more than 42 mil coins
Why do you think that? Will unswapped coins be burned? Or will the old chain still function? Also, I believe to do a swap, Cryptopia will require a relisting. Which is a significant amount of money right now. So I am thinking that MARX would end up on another exchange. Or do you know how to do it so that doesn't happen? You could do the swap on Nova, but this would end up losing Cryptopia. Just some thoughts.
Also, I agree with losing the MARX positioning.
Typically its a 1 for 1 basis but Ive seen swaps that double the amount. Can't recall seeing a current supply coin reduced. If I am to secure a wide distribution for the coin outside the Crypto scene 40 million is probably not enough. I understand that traditionally a scarce coin can be good for price but in this case I dont think it would make any difference. Consider the available supply of coins like ETH, Waves, Ripple etc which are in the billions compared to this coin. One person could end up owning 50% of Marx coins which might not be advantageous for the rest of us. The exchanges simply need to swap the wallets and all accounts (Marx) are swapped over to the new blockchain.
did miners go over the limit just recently and if so how much is produced from pow? Could probably check the op to find that out, but I'm pretty lazy. If exchanges are taking their time you might have to keep going over the limit over and over again depending on how long they take to swap but it is up to you. I'm more in favor of less coins especially if pos reward is going to be generous. A coin count can increase fast depending on the staking reward. Good staking in itself can almost be like having a masternode. So my vote is for best pos reward possible if you want to increase the number of coins and have it reduced after a certain period of time. Don't know how hard this would be to do, but just a suggestion. Have coins for the swap regardless and will be around for whatever you decide.
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