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Topic: [$NAUT] Nautiluscoin - First Coin w/Stabilization Fund - MODERATED - page 12. (Read 20514 times)

legendary
Activity: 2268
Merit: 1092
I've just installed NAUT for the first time, couple of minor niggles with the source code:

1) KGW uses printf instead of LogPrintf for debugging. This means that under *nix, it periodically prints info about KGW to the terminal that started the daemon... even though the daemon is running in the background and the terminal is now doing something else.

2) The help in init.cpp, rpcclient.cpp and rpcnet.cpp still specifies default ports of 8332/18332 8333/18333 for RPC and P2P respectively. These are not the ports that NAUT uses.

Just silly little mistakes, really. Disregard if this coin is going to be "rebooted" from another coin's source.

By the way, moving to PoS doesn't mean that mining has to "stop." PoS rewards do not necessarily have to be a tiny percentage of the block you're staking. Look at coins such as ORB and CLAM - they have a fixed reward, regardless of your stake size. If you can mint a PoS block, you are granted a normal reward (with ORB: 1 PoW block = 1 ORB, 1 PoS block = 1 ORB)
hero member
Activity: 1036
Merit: 500
Thank you! At least we see there's progress and work continues. Hopefully, we will all get a nice Christmas surprise.


i will bet you 1 bitcoin that there's no way in hell that's happening by the 25th of this year.  maybe by next year if there is a full blown community takeover.

And by "community" i mean 1 actually competent dev and a few bagholders.
At this point, i agree with you it's looking like 2015. But my interpretation of the mini update is that it's almost ready to unveil; just fixing bugs.

But think, once we have PoS the mining dumping will stop and the interest rate should rise to soak up the copious amounts of coins out there and encourage people to save. I think that alone will do a tremendous amount in increasing the price.

Uhhm, no. Sorry. The mining rewards have been lowered in the last "bryce-weiner-fix" back in october when the coin changed from Digishield to KGW. More importantly, look at other POS coins, take BC, PPC or NXT or whatever, they are pretty much all slowly (or faster in case of BC) losing value, though many POW coins look even worse (look at via to see what mining does). The change is still a good decission, but it wont make the price suddenly go up.

You need to attract fresh money, which is a struggle for every coin in a contracting, maybe close to collapsing market. Look how many coins have lost 80%+ of their value over the last months and the liquidity looks just horrible for most of them.



I also agree, if coins like BC, PPC or NXT is plummeting, then NAUT is very normal to plummet, no regular updates, etc as I mentioned in the other thread.
Hoping that this price recovers, I still hold my 90k NAUT (bought back again for the hope to recover my loss) even though I lost my faith in BK, waiting for Miracle to happen or I lose it all.

Update: Price is 4.3-4.6k now. More dump will follow if no updates etc.. Not being negative, just being realistic.

Hopefully we'll get some news before Christmas holidays begin but I don't see the need for an update because someone cashed out a few thousand NAUT.

Would be nice if BK or Julian tried posting on this thread because they won't get personally insulted here.
legendary
Activity: 1106
Merit: 1000
The future is bright with DigiByte.
Thank you! At least we see there's progress and work continues. Hopefully, we will all get a nice Christmas surprise.


i will bet you 1 bitcoin that there's no way in hell that's happening by the 25th of this year.  maybe by next year if there is a full blown community takeover.

And by "community" i mean 1 actually competent dev and a few bagholders.
At this point, i agree with you it's looking like 2015. But my interpretation of the mini update is that it's almost ready to unveil; just fixing bugs.

But think, once we have PoS the mining dumping will stop and the interest rate should rise to soak up the copious amounts of coins out there and encourage people to save. I think that alone will do a tremendous amount in increasing the price.

Uhhm, no. Sorry. The mining rewards have been lowered in the last "bryce-weiner-fix" back in october when the coin changed from Digishield to KGW. More importantly, look at other POS coins, take BC, PPC or NXT or whatever, they are pretty much all slowly (or faster in case of BC) losing value, though many POW coins look even worse (look at via to see what mining does). The change is still a good decission, but it wont make the price suddenly go up.

You need to attract fresh money, which is a struggle for every coin in a contracting, maybe close to collapsing market. Look how many coins have lost 80%+ of their value over the last months and the liquidity looks just horrible for most of them.



I also agree, if coins like BC, PPC or NXT is plummeting, then NAUT is very normal to plummet, no regular updates, etc as I mentioned in the other thread.
Hoping that this price recovers, I still hold my 90k NAUT (bought back again for the hope to recover my loss) even though I lost my faith in BK, waiting for Miracle to happen or I lose it all.

Update: Price is 4.3-4.6k now. More dump will follow if no updates etc.. Not being negative, just being realistic.
sr. member
Activity: 398
Merit: 250
Thank you! At least we see there's progress and work continues. Hopefully, we will all get a nice Christmas surprise.


i will bet you 1 bitcoin that there's no way in hell that's happening by the 25th of this year.  maybe by next year if there is a full blown community takeover.

And by "community" i mean 1 actually competent dev and a few bagholders.
At this point, i agree with you it's looking like 2015. But my interpretation of the mini update is that it's almost ready to unveil; just fixing bugs.

But think, once we have PoS the mining dumping will stop and the interest rate should rise to soak up the copious amounts of coins out there and encourage people to save. I think that alone will do a tremendous amount in increasing the price.

Uhhm, no. Sorry. The mining rewards have been lowered in the last "bryce-weiner-fix" back in october when the coin changed from Digishield to KGW. More importantly, look at other POS coins, take BC, PPC or NXT or whatever, they are pretty much all slowly (or faster in case of BC) losing value, though many POW coins look even worse (look at via to see what mining does). The change is still a good decission, but it wont make the price suddenly go up.

You need to attract fresh money, which is a struggle for every coin in a contracting, maybe close to collapsing market. Look how many coins have lost 80%+ of their value over the last months and the liquidity looks just horrible for most of them.

hero member
Activity: 623
Merit: 500
Fortune favours the bold!
Thank you! At least we see there's progress and work continues. Hopefully, we will all get a nice Christmas surprise.


i will bet you 1 bitcoin that there's no way in hell that's happening by the 25th of this year.  maybe by next year if there is a full blown community takeover.

And by "community" i mean 1 actually competent dev and a few bagholders.
At this point, i agree with you it's looking like 2015. But my interpretation of the mini update is that it's almost ready to unveil; just fixing bugs.

But think, once we have PoS the mining dumping will stop and the interest rate should rise to soak up the copious amounts of coins out there and encourage people to save. I think that alone will do a tremendous amount in increasing the price.
full member
Activity: 204
Merit: 100
Thank you! At least we see there's progress and work continues. Hopefully, we will all get a nice Christmas surprise.


i will bet you 1 bitcoin that there's no way in hell that's happening by the 25th of this year.  maybe by next year if there is a full blown community takeover.

And by "community" i mean 1 actually competent dev and a few bagholders.
full member
Activity: 238
Merit: 100
Direct e-mail content from BK to me when I e-mailed him asking;

Quote
I apologize for the delayed response-between the holiday and the book release I was swamped.

The latest update is that Julian and the other dev continue to work on the switch, they ran into a few problems but know how to fix it.

I got this update 7 days ago.

I don't know how much more work has been done since.

Thanks, thats awesome.

On another note, how's Nautijobs coming along?

Stand still. Holidays, new long term contract, recent marriage. Busy as hell preventing me from doing any real work on it right now. Which upsets me because I REALLY want to get it done. I do believe BK still intends for there to be an official forum and I've also offered to help him with that.
newbie
Activity: 46
Merit: 0
Direct e-mail content from BK to me when I e-mailed him asking;

Quote
I apologize for the delayed response-between the holiday and the book release I was swamped.

The latest update is that Julian and the other dev continue to work on the switch, they ran into a few problems but know how to fix it.

I got this update 7 days ago.

I don't know how much more work has been done since.

Thanks, thats awesome.

On another note, how's Nautijobs coming along?
hero member
Activity: 623
Merit: 500
Fortune favours the bold!
Direct e-mail content from BK to me when I e-mailed him asking;

Quote
I apologize for the delayed response-between the holiday and the book release I was swamped.

The latest update is that Julian and the other dev continue to work on the switch, they ran into a few problems but know how to fix it.

I got this update 7 days ago.

I don't know how much more work has been done since.

Thank you! At least we see there's progress and work continues. Hopefully, we will all get a nice Christmas surprise.
sr. member
Activity: 406
Merit: 250
full member
Activity: 238
Merit: 100
Direct e-mail content from BK to me when I e-mailed him asking;

Quote
I apologize for the delayed response-between the holiday and the book release I was swamped.

The latest update is that Julian and the other dev continue to work on the switch, they ran into a few problems but know how to fix it.

I got this update 7 days ago.

I don't know how much more work has been done since.
newbie
Activity: 46
Merit: 0
I can honestly understand why BK doesn't want to give one but yes, i think a little bone about POS is deserved.

Has anyone tweeted him to give a heads up about this new thread?
sr. member
Activity: 406
Merit: 250
yes i think we deserve an update
hero member
Activity: 623
Merit: 500
Fortune favours the bold!
Can anybody tell me how long PoS takes to implement? It has bee six months since the Finch fight and 3 developers now. I'm hoping Jyap is capable of implementing the more complex version BK had in mind.

An update by BK or Jyap in the moderated thread would be appreciated. I'm not talking timeline, just an update. Please for the love of Gawd, the longs here deserve a bone, especially, after having to put up with all the professional bs fudsters that had been running wild on the other thread.
full member
Activity: 238
Merit: 100
Though I believe IncreaseMyT said he exited some time back, I do appreciate him continuing to provide support here, I feel like it best to leave it to him, while I'll still poke my head in from time to time; I don't believe I'll be a primary source of info here anymore.
full member
Activity: 168
Merit: 100
just saying hello on the new thread... not sure what i'll do without having barabbas' ponderous posts to pore over Wink ... really, though, it will be nice to hopefully learn new things about NAUT in a sane way, rather than devote time to trying to fight the trolls.
sr. member
Activity: 406
Merit: 250
Glad everyone decided to come over xD

old thread is forked.
newbie
Activity: 3
Merit: 0
Just saying hi ..been keeping up with the old thread since June. Finally a moderated thread!
hero member
Activity: 707
Merit: 500
Hi everyone.. Posting in the new thread so that i continue to see updates.

StayNauti
sr. member
Activity: 398
Merit: 250
I know this is not Naut related, but whatever:

I am following the bay desaster right now (dont have any coins though). Whatever the truth is, I am seriuosly getting sick of all this drama called cryptos. I used to believe that those unregulated markets are going to have some sort of self-regulation, but it looks more like self-destruction right now. So sad to see this all go down like this.

If there werent a few good people really trying to achieve something I would probably sell most coins except BTC and two or three alts and not come back anytime soon.
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