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Topic: [NYC] New York Coin - "TronREX TAKEOVER & OVERHAUL" - page 29. (Read 66013 times)

sr. member
Activity: 374
Merit: 251
The REX is here!!!
Any news about POS?!

Swap is incoming...  Grin Grin With a new hybrid algo.  Tongue Tongue

Looks like the coin is in the right hands...bookmarked

Thanks. Most importantly it is in the hands of a New Yorker  Wink Grin Cool I am looking to release the official roadmap once the swap is done. This will allow for a very new approach to the future of the coin. I am glad to see this trucking away to a very bright and prosperous future.
sr. member
Activity: 444
Merit: 250
Any news about POS?!

Swap is incoming...  Grin Grin With a new hybrid algo.  Tongue Tongue

Looks like the coin is in the right hands...bookmarked
sr. member
Activity: 374
Merit: 251
The REX is here!!!
Any news about POS?!

Swap is incoming...  Grin Grin With a new hybrid algo.  Tongue Tongue
hero member
Activity: 770
Merit: 500
Any news about POS?!
sr. member
Activity: 486
Merit: 250
Technician
sr. member
Activity: 374
Merit: 251
The REX is here!!!

As stated before I will add it when the logo is fixed.

Rex,
sr. member
Activity: 486
Merit: 250
Technician
sr. member
Activity: 374
Merit: 251
The REX is here!!!
sr. member
Activity: 1204
Merit: 253
hero member
Activity: 770
Merit: 500
nice to see that the NYC community increases... more people... more activity... bigger overall value

good work TronREX

member
Activity: 105
Merit: 10
hahaha  Grin  Cheesy
 
Thanks!
sr. member
Activity: 374
Merit: 251
The REX is here!!!
You have clinical eyes for good things and good paths to NYC.

Exchanges. beautiful site, with lyrics, gold and the beautiful labels, accepted here! Well presentable. Thanks TronREX!  Kiss

You are very welcome. It is my pleasure to take this coin to new heights. And I don't mean block height....  Roll Eyes Roll Eyes Roll Eyes Grin Grin Grin Cheesy
member
Activity: 105
Merit: 10
You have clinical eyes for good things and good paths to NYC.

Exchanges. beautiful site, with lyrics, gold and the beautiful labels, accepted here! Well presentable. Thanks TronREX!  Kiss
sr. member
Activity: 374
Merit: 251
The REX is here!!!
We are a dead coin now listed on 3 exchanges  Wink
sr. member
Activity: 374
Merit: 251
The REX is here!!!
This coin is like flappycoin rubbycoin redcoin rubbycoin and others ... just old but haven't any new ideas and innovations ...
I mined it 1 years ago but the coin was a deadcoin so i delete my wallets ..... Now new developer wants to improve it ... it's impossible rebirth for a deadcoin

Everything is possible my guy. I'm from NY I'll make it possible.
hero member
Activity: 546
Merit: 500
This coin is like flappycoin rubbycoin redcoin rubbycoin and others ... just old but haven't any new ideas and innovations ...
I mined it 1 years ago but the coin was a deadcoin so i delete my wallets ..... Now new developer wants to improve it ... it's impossible rebirth for a deadcoin
sr. member
Activity: 374
Merit: 251
The REX is here!!!
sr. member
Activity: 1204
Merit: 253
Acceptance and usage in NYC will be the only thing that truly increases the value of NewYorkCoin. Reducing total coins will not do the trick. Placing a NewYorkCoin sticker in just a few storefront windows in the 5 boroughs WILL increase the value of NewYorkCoin. With just a little NEW YORK SUPPORT this coin as currently configured can be valued and actively trade at 10+ Satoshi. I am an early miner and believer in the future potential of NewYorkCoin. I no longer live in NYC nor have the ability to promote NewYorkCoin to local business owners face to face. Once TronREX has finished updating and reviving NewYorkCoin (I highly suggest leaving current coin total) it can easily be marketed to brick-and-mortar businesses already accepting Bitcoin. As another option - not to replace. They already understand cryptocurrency. And now they can rep for NYC. For micro-transactions. Have the business owner set a limit on amount they are willing to accept. Or hold off accepting all together until exchange rate is liquid. JUST LET US HAVE A STICKER IN YOUR WINDOW! People will notice. And the buzz will begin. Are you ready Tron? You and yours are the boots on the ground. Once technicals are resolved - get this sticker on store-front windows/doors.

BOUNTIES AVAILABLE:

100,000,000 NewYorkCoin for each merchant that places a sticker on their door/window (first 10 brick-and-mortar NYC storefront businesses)
This will be worth 10 Bitcoin if interest/usage rises and NYC = 10 Satoshi (0.00000010 BTC)

500,000,000 NewYorkCoin is earmarked for donation once NYC exchange rate is liquid at 5+ Satoshi.
10,000,000 NewYorkCoin will be donated to 50 local New York City charities and organizations

NewYorkCo.in has been redirected to http://www.newyorkcoin.xyz

Good luck TronREX!

OLD NewYorkCo.in sticker




member
Activity: 105
Merit: 10
As stated all request can be done by the actual users. I am in the mist of getting POS integrated to the current chain. We also have new rich list for the community, and paper wallets should be ready for this week.

POS is a good idea to any coin.

So wich your strategy is?

Supply is aprox. 108,000,000,000  if you  do a swap 1:10000  would leave a supply of 10,800,000. This leaves a wide margin for do the POS. The way more easy is run a new blockchain parallel and do a manual swap clearly counting on the consensus of the majority. The current blockchain could stop of work when everybody get new coins and all work ok, Obviously price could be increase dramatically.

Do an POS over current blockchain could increase and flood exchanges and prices down even more.

Another options can be achieved. For example change algo, Supply, Do it only POS, Do it hybrid POW+POS, And do swap to the new.



I think this will be the most likely route for us. "SWAP" We are also looking at alternate algos, something more new and something less used. This can drive innovation for those algos. The new algo will also be applied for use with the non profits that are backing NYC, where we agreed that through funds attained by NYC holders we will start a after school program to teach students to code for future hardware adaption and implementation of Blockchain Technologies.

By doing this we will also have new users circulating the currency. Which is one of my main push for this currency. The circulation !

Although, before I make my final decision I need to see and test which will be the best route.

Rex,


''alternate algos, something more new and something less used'' :
What about AXIOM? At hte moment CPU mining only!? And also promoted at NiceHash:
https://www.nicehash.com/?p=news&id=25

About SWAP: I think that 1:10000 is a bit too drastic ratio.. I think that we should reduce to 100,800,000 volume... just my opinion  Grin




It's actually a great ratio. There is aprox 108 billion coins, and at this rate it won't work. A reduction is greatly needed. It will automatically increase the value to 1 satoshi at least or even further.

like I said it is just my opinion about the ratio  Grin   
But I really agree that we need to reduce coin volume to increase the value of NYC



I also support reduce NYC, he has a lot of stupid people who sell NYC like water. To increase its value, and maintained its value, it is necessary that the coins are in the right hands. So it was with Bitcoin, many smart people bought most of them, and maintained so that the donkeys were mining bitcoin and maintain its value. If everyone start selling bitcoin the price will fall, and many will discredit in bitcoin. In the same way NYC.

Sorry if I offended any miner who mines million NYC, and then sold all the time.

I am in favor of reducing New York Coin!  Smiley


legendary
Activity: 938
Merit: 1000
1:1000 -->  1  digit  POS    *Constant

1:10000-->  2 digits  POS   *With a decrease each year on it  ->> target same supply than BTC


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