Topic: [NRS|NoirShares] POW ENDING at 50k | DACs | MANDATORY WALLET UPDATE 6/23/2014 - page 11. (Read 141590 times)

I pm-ed him about the accounting yesterday and got an answer:
NRSlogan: "I am still waiting on a few numbers.  We should have something together "Soonish" as we are trying to coordinate a few things at once."

This is top priority.

The NRS network is stuck. The developer has been notified, and he is working on an update. Any missing deposits or withdrawals should show up as soon as the network starts moving again. I apologize for the delay.

Poloniex Support

Is there a working block-explorer somewhere?

How about answering all the other questions?

Stop stringing everyone along so you can dump more of your NRB/NRS so you can fund your trip to Bahamas.

How about handing the project over to someone competent.

And where is NRSLogan? Unless you made that guy up and you are the same person.

 

Do you have GF shares or NRB? You are eligible to a % if you have either, so much so if you have bothe, you eat two pieces of the same cake.

I said I thought about selling. I got more offers. But to be honest, I doubt that it will be recorded in the books, as NRSlogan has not been online and has not given any accounting for the mining.

I thought that you were going to sell me your GF share for 1-100 satoshis...

People don't get fooled:
We asked some questions, still unanswered:
Where are the CFO, and other members of the team?
Where is the accounting for the premine and the BTC, NRS, NRB that have been paid for by the General Fund holders?
Where is the accounting for the mining that was done (BTC in Eligius)

I see a lot of promises, I don't see any code. The way that Dev talks about his plans is still vague. He is talking about it like a manager, not like a Dev.
The community has said they want to help testing the code, but Dev is hiding behind some excuses: There is no code!
My guess: NoirShares Lotto will come out as soon as the BitShares community has tested (or will be testing) BitSharesLotto. Guess what the code will look like....
Promises promises. Where is NoirShares Exchange? What happened to NoirShares Bank? NoirShares Talk?

BY THE WAY....

Guys I have a serious problem with NRS.
I made a deposit on poloniex from my wallet, but after 24 hours still have not arrived ...
I tried to check the tx-id with "noirshares block explorer" (http://nrs.argakiig.us/) but it does not work, seems off!
Does anyone have a similar problem?
I opened a ticket with poloniex, but I think that the problem does not depend on their.
Barwizi you can tell me something about it? maybe there are problems with the blockchain of nrs?

Thanks for the update. Gonna see if I can grab some cheap coins. 

Sharecoin - is dead (can´t sync wallet)!
Footballcoin - almost dead (wallet sync is really slow)

How can i catch my shares?

Good job...going on !!!

A lotto game? You're joking right?  This is the great innovation you talked about so much?

 

I'll grab my popcorn.

QT is fubar

Thanks for letting us know, 

Now I can get back to work.

Welcome back barwizi!

I'm a lottoshare holder and have played a game a lot (mostly I lost my money LOL). As you mentioned, POW is not suitable for lotto games because block generation is not stable nor quick. But Bitshares Lotto, which is expected to be released in October, has DPOS (delegate POS) system that usually has 10 second stable block generations. NoirLotto should consider the both cases.

That would be unfortunate, but rushing doesnt produce worthwhile results either.


Who is this we?? the we i know are NRS and NRB holders, of which none are mentioned above.

Freetrade is a very good dev, he was the first to actually implement momentum, he has my deepest respect and there are even times he gives me pointers on certain ideas and code. But tell me, how long did it take him to go from MMC to LTS? Or even MMC 1.0 to MMC 2.0?  I've been around a while and i've watched most of these projects from scratch, some i have even participated in, and i use that experience as well as my own ideas to introduce new ideas. These things take time.

Indulge me a bit while i point out some aspects :-

Service: Built in lottery game, 6 of 42
Block target: 2.5 minutes
// very nice, I even like his implementation, it's very unique

Proof of Work: Scrypt Merged Mining Capable
Codebase: United Scrypt Coin
Block Subsidy: Custom block subsidy (1 to 10 LTS) inversely related to difficulty
Difficulty Retargeting: Every block with Dark Gravity Wave
Total Shares: 100 Million

You'll note that above i expressed some concern about this, let me explain.  The PoW attribute potentially opens up an avenue of rewards through mining only, this means that there are two "serious" games at play here, ie mining and betting. I am thus far looking for a way around this because i want the only "game" to be betting. This means we need something else to make the blocks pass by quickly enough to maintain a viable betting and tx pace, i instead think PoS is a much better suited vehicle for a lotto, since a looto is not about the number of passing block or their speed, but about the bets themselves.

LottoShares allows shareholders to use their coins to play a lottery style game, choosing 6 numbers from 42.

Players can choose the size of their stake and prizes are fixed-odds -

6 numbers = 1,000,000 X stake
5 numbers = 5,000 X stake
4 numbers = 100 X stake
3 numbers = 10 X stake

Users can play tickets from the 'Play' tab. Make sure all 6 numbers played are different and the stake must be .00001000 or greater.

To check the numbers drawn, double click on the play transaction (after it is confirmed) in your wallet. This will bring you to the web interface.

Draws usually take place within about 5 to 10 minutes of tickets being included in a block.

If you had been on skype and/or read some of the comments i have made here earlier, you'll find that I agree with and actuall praise the idea of being able to choose numbers in a lotto style manner, however this implementation is centalized, basically, you are wagering then sending to an address, the actual lotto RNG is centralized at a website. This is not what we have in mind and has been one of the chief causes of blockchain bloat, below is an explanation of how we want ours to work:-

1) Bets are sent to the smae address :- same as above,
2) All bets are tallied and the "pot" is a field in the block struct that maintains a tally of entire day's bets (this eliminates most exploits we could think of)
3) Winners are chosen by the code it'self, using a still being discussed mechanism similar to the above.

The MAIN difference is that we want all the components to be on the chain. Easily viewable and auditable, not only for transparency sake but also so we can improve the code, quickly catch any exploits and at the same time keep our promise of "DECENTRALIZED". I would guess that LTS saw the bloating of the chain if you did it over a day and were keeping track of all tx in every block to keep an accurate tally, and chose to instead have a centralized component, i want to keep fighting because i know there exists a solution, most likely using timed expiry based on block count.

Distribution

(These coins are available to be played immediately)
20% Bitcoin - Each of the top 1,000,000 Bitcoin addresses received 20 LTS in the genesis block. (Block 302,000)
20% Dogecoin - Each of the top 250,000 Dogecoin addresses received 80 LTS in the genesis block. (Block 232,000)

(These coins are vested, and mature over a period starting 2 months from launch, finishing 14months after launch)
10% distributed to MemoryCoin (MMC) holders (Block #39,983)
10% distributed to ProtoShares (PTS) holders (Block #65,959)
10% distributed to AngelShares (AGS) holders (End of May 2014)
8.0% Devs for ongoing development and maintenance
6.6% FootballCoin - 7080 coins to each of the users on the distribution list (80 coins available for use immediately)
10.9% ShareCoin - 7080 coins to each of the users in the inital distribution (80 coins available for use immediately)
4.5% gifted to btctalk users, exchanges, crypto projects, bloggers (80 coins available for use immediately)

As you can see clearly, there is no WE, our distribution model may end up including some partner coins, especially from the devs who have taken time to chime in, but our main objective is to provide for our own ie NRB and NRS with a much more decentralized model without any point that cannot be verified or queried.

So yes, i need to go back to work before like you said, we lose everyone.

I can correct that price for you guys if you want, just let me know...

And no, there still has been no information posted about the premine.  I'm sure we'll see a spreadsheet with a bunch of transactions and maybe some names, but, that still won't prove anything. 

You're all being taken, at this point it's just comedic that you believe a word bitchwizi says...

Lol, sorry we aren't better cheer leaders for you!  At least you decided to say something, finally.

Just to counter the one thing you said. You and i both know the price took a nose dive when lajz started running his mouth in here. Information was asked for, who knows if anyone ever got it. That sent this coin into the death spin. And by golly, after you say something the price is almost double what it was. But yeah, it is the community bringing down the coin.

You can spend as much time as you want on your project. While you do that there are tons of other people working even harder in this very competitive space that is crypto currencies.

We will see what transpires in the future.