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Topic: NanoTokens Information thread MOVED - page 20. (Read 38076 times)

hero member
Activity: 532
Merit: 500
July 02, 2013, 04:41:40 PM
where did everyone go lol

http://coinworld.us:8884
full member
Activity: 196
Merit: 100
July 02, 2013, 04:36:27 PM
we really do, and at this time I can't change it without tearing the prize/drawing logic apart.

Once the site is all consolidated and running smoothly I may take a look at handling donations and promos separately. The lottery script is fairly straightforward at the moment, and tracking these items outside of existing logic will add more to the lotto than the entire sum of the drawing code at this time. It's not something that's going to come online in the next few hours.

Coin devs and promoters wanting to donate was not part of our original plan. It's been brought up to me several times, and in each case when I give out an address it's made clear to them what will happen.

This lottery today is not for a bounty and may or not be made into a permanent part of the site.  I made several changes to the scripts after the drawing Sunday and wanted to run the script for something "small". r3wt liked the promo and decided to juice the pot.

So now it's not small - but that's how it works.

I plan to add a donations page to all of the lotteries, and it will be clearly explained there as well.
full member
Activity: 224
Merit: 100
July 02, 2013, 04:23:30 PM
r3wt did indeed visit the lotto:



Click the image to go play.



Did you really take the 500 'rake' from the money OP GAVE to the lottery?
full member
Activity: 196
Merit: 100
July 02, 2013, 04:17:04 PM
r3wt did indeed visit the lotto:



Click the image to go play.

newbie
Activity: 56
Merit: 0
July 02, 2013, 04:13:42 PM
I've purchased 11 Tickets...last of the big spenders lol   Wink Looks like a nice bit of fun.....waiting for the confirms........ Grin
full member
Activity: 224
Merit: 100
July 02, 2013, 03:57:33 PM
Going to run a quick lotto.  Not many people have nanotokens yet so we'll see how it goes.

http://lotto.coinworld.us/test/

Notice the test in the URL this isn't on the main page. We'll draw in just a little under 6 hours if anyone wants to play.

i will put up 5,000 for the lottery
To get in or have it in the main page ?
no, i'm just putting the money in for the lottery, i do not wish to enter it myself.

Awesome, communicate with the lottery organizer and get the price there ASAP. Will make the pool a LOT bigger Smiley
hero member
Activity: 686
Merit: 504
always the student, never the master.
July 02, 2013, 03:52:54 PM
Going to run a quick lotto.  Not many people have nanotokens yet so we'll see how it goes.

http://lotto.coinworld.us/test/

Notice the test in the URL this isn't on the main page. We'll draw in just a little under 6 hours if anyone wants to play.

i will put up 5,000 for the lottery
To get in or have it in the main page ?
no, i'm just putting the money in for the lottery, i do not wish to enter it myself.
hero member
Activity: 532
Merit: 500
July 02, 2013, 03:31:31 PM
Going to run a quick lotto.  Not many people have nanotokens yet so we'll see how it goes.

http://lotto.coinworld.us/test/

Notice the test in the URL this isn't on the main page. We'll draw in just a little under 6 hours if anyone wants to play.

i will put up 5,000 for the lottery
To get in or have it in the main page ?
hero member
Activity: 686
Merit: 504
always the student, never the master.
July 02, 2013, 03:06:40 PM
ok, i have purchased some space in the cloud to secure the network with a main node. if anyone knows how to set up/run this from ssh, please pm me. if you help me get it running i will pay you 2,500 NAN.
hero member
Activity: 686
Merit: 504
always the student, never the master.
July 02, 2013, 03:05:42 PM
Going to run a quick lotto.  Not many people have nanotokens yet so we'll see how it goes.

http://lotto.coinworld.us/test/

Notice the test in the URL this isn't on the main page. We'll draw in just a little under 6 hours if anyone wants to play.

i will put up 5,000 for the lottery
full member
Activity: 196
Merit: 100
July 02, 2013, 02:54:56 PM
Going to run a quick lotto.  Not many people have nanotokens yet so we'll see how it goes.

http://lotto.coinworld.us/test/

Notice the test in the URL this isn't on the main page. We'll draw in just a little under 6 hours if anyone wants to play.
hero member
Activity: 686
Merit: 504
always the student, never the master.
July 02, 2013, 02:20:03 PM
Sorry,
With 5 block reward, and 0.5 BTC investment "earning" you 24500 coins makes the coin virtually worthless and far too hard to mine at current diff. I'm out.

Either hard fork and up block reward considerably, or lower bounties by a factor of at least 10 and destroy 90% of premine. No one is going to mine this coin for 5 block reward when you hand out 1000s of coin as bounty and keep 30

Also: I am assuming that 0.5 BTC is for coin dev? Is this another Hazard coin?

no i paid .1 apiece to everyone who helped me compile and did little jobs for me. an attempt will be made to restore the block reward at the next checkpoint, as i've said now countless times.

Ah, cool. Well, something still has to be done about the block reward I think.

ok now you're just being funny.

Actually, I was just being stupid. Didn't ready the whole text. Sounds good. Do keep us updated on how it goes.

I will swede. check point will occur soon. probably today or tomorrow
full member
Activity: 224
Merit: 100
July 02, 2013, 02:03:43 PM
Sorry,
With 5 block reward, and 0.5 BTC investment "earning" you 24500 coins makes the coin virtually worthless and far too hard to mine at current diff. I'm out.

Either hard fork and up block reward considerably, or lower bounties by a factor of at least 10 and destroy 90% of premine. No one is going to mine this coin for 5 block reward when you hand out 1000s of coin as bounty and keep 30

Also: I am assuming that 0.5 BTC is for coin dev? Is this another Hazard coin?

no i paid .1 apiece to everyone who helped me compile and did little jobs for me. an attempt will be made to restore the block reward at the next checkpoint, as i've said now countless times.

Ah, cool. Well, something still has to be done about the block reward I think.

ok now you're just being funny.

Actually, I was just being stupid. Didn't ready the whole text. Sounds good. Do keep us updated on how it goes.
hero member
Activity: 686
Merit: 504
always the student, never the master.
July 02, 2013, 01:22:49 PM
Sorry,
With 5 block reward, and 0.5 BTC investment "earning" you 24500 coins makes the coin virtually worthless and far too hard to mine at current diff. I'm out.

Either hard fork and up block reward considerably, or lower bounties by a factor of at least 10 and destroy 90% of premine. No one is going to mine this coin for 5 block reward when you hand out 1000s of coin as bounty and keep 30

Also: I am assuming that 0.5 BTC is for coin dev? Is this another Hazard coin?

no i paid .1 apiece to everyone who helped me compile and did little jobs for me. an attempt will be made to restore the block reward at the next checkpoint, as i've said now countless times.

Ah, cool. Well, something still has to be done about the block reward I think.

ok now you're just being funny.
full member
Activity: 224
Merit: 100
July 02, 2013, 01:20:40 PM
Sorry,
With 5 block reward, and 0.5 BTC investment "earning" you 24500 coins makes the coin virtually worthless and far too hard to mine at current diff. I'm out.

Either hard fork and up block reward considerably, or lower bounties by a factor of at least 10 and destroy 90% of premine. No one is going to mine this coin for 5 block reward when you hand out 1000s of coin as bounty and keep 30

Also: I am assuming that 0.5 BTC is for coin dev? Is this another Hazard coin?

no i paid .1 apiece to everyone who helped me compile and did little jobs for me. an attempt will be made to restore the block reward at the next checkpoint, as i've said now countless times.

Ah, cool. Well, something still has to be done about the block reward I think.
hero member
Activity: 686
Merit: 504
always the student, never the master.
July 02, 2013, 01:05:20 PM
Sorry,
With 5 block reward, and 0.5 BTC investment "earning" you 24500 coins makes the coin virtually worthless and far too hard to mine at current diff. I'm out.

Either hard fork and up block reward considerably, or lower bounties by a factor of at least 10 and destroy 90% of premine. No one is going to mine this coin for 5 block reward when you hand out 1000s of coin as bounty and keep 30

Also: I am assuming that 0.5 BTC is for coin dev? Is this another Hazard coin?

no i paid .1 apiece to everyone who helped me compile and did little jobs for me. an attempt will be made to restore the block reward at the next checkpoint, as i've said now countless times.
full member
Activity: 196
Merit: 100
July 02, 2013, 12:38:22 PM
Also: I am assuming that 0.5 BTC is for coin dev? Is this another Hazard coin?

I can't believe I'm going to say this, but if this was a hazard coin the release would have been earlier and gone more according to plan.

Hazard knows how to squeeze out the shitcoin. If I recall r3wt said he was twiddling with blockchain management too, but i'm not 100% sure in the recent flood of coins.

This is definitely r3wt's project  and a lot of developers have touched it.  I've seen some of the saga both here and in some other chats around like cryptsy. The original plans (when I heard it) involved some very different numbers, and based on a combination of his ability to get it done and suggestions from the community this is what  we have today.

So far, what r3wt lacks in skill he's made up in enthusiasm. But everyone keeps encouraging him to a smaller and smaller coinbase.

Just IMO you should fork back to the announced block rewards as they were posted at release.

EDIT: The implication being that this isn't "just another shitcoin/hazardcoin" it's been a very open project for a novice developer. Some speed bumps are expected it's been a rough road to release.
full member
Activity: 224
Merit: 100
July 02, 2013, 12:21:40 PM
Sorry,
With 5 block reward, and 0.5 BTC investment "earning" you 24500 coins makes the coin virtually worthless and far too hard to mine at current diff. I'm out.

Either hard fork and up block reward considerably, or lower bounties by a factor of at least 10 and destroy 90% of premine. No one is going to mine this coin for 5 block reward when you hand out 1000s of coin as bounty and keep 30

Also: I am assuming that 0.5 BTC is for coin dev? Is this another Hazard coin?
hero member
Activity: 686
Merit: 504
always the student, never the master.
July 02, 2013, 12:09:09 PM
I'm surprisingly ok with a hard fork and client update over HUGE block rewards and massive instamine. Honestly don't even think its needed, keep block reward @ 5 and destroy 90% of premine (publicly send coin to null address) and we all good.

read the bounty list on cct. the premine is all reserved for one thing or another. destroying the premine makes no sense

My point here was that perpetually low block reward (5) the premine is all of a sudden very large and the bounties absolutely insanely large.

in comparison to the current supply yes, but a little ways down the road it shouldn't be an issue. me holding most of the coins should keep the value low enough when it hits the exchange that people will want to hold. i'm still thinking of increasing the block rewards. i may end up holding the NAN community, if there is one to a vote on it and see what everyone thinks. Let me be clear though, i 'm not gonna destroy the premine under any circustances. I've invested nearly .5 btc in the project so far and the 24,500 is my fair share. the rest is reserved for very good reasonsons as was mentioned in the bounty list.
full member
Activity: 224
Merit: 100
July 02, 2013, 11:50:00 AM
I'm surprisingly ok with a hard fork and client update over HUGE block rewards and massive instamine. Honestly don't even think its needed, keep block reward @ 5 and destroy 90% of premine (publicly send coin to null address) and we all good.

read the bounty list on cct. the premine is all reserved for one thing or another. destroying the premine makes no sense

My point here was that perpetually low block reward (5) the premine is all of a sudden very large and the bounties absolutely insanely large.
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