Topic: [PRE-ANN] Expanse (EXP) - Fair Mining, Fair Launch, No ICO, Based on Ethereum. - page 10. (Read 25073 times)

The premine / reserve would also be used for DApps. Basically everything to increase the value, although it would be voted on and not just paid for anything of course.

I like the idea. Following.

I didn't understand few things , mates. Which algo will be mining and when do we start that project.
The concept is interesting to me...

Without apps and people using the "gas" this will not be anything good. In addition to the dev premine, there should be another small premine for app builders. If I could get like 0.01% of all EXP that would be amazing!

Maybe premine 1% for 100 different app builders. 0.01% each.

What do people think?

Could we get some bounties for people who want to dev DApps for this platform? It doesn't have to be anything big. I don't have many miners but I want to make DApps. ETH is too expensive to make apps for. The fuel costs too much.

Go go go !!! Let's have fun! I want that ETH bs to die in pain.

copy & paste bandwagon!

I suggest you to create something really new, people are bored of anon, markets and other already seen stuff.

Right now we are talking with people and making plans, but once it is ready. This is the beginning of the beginning as they say. Also a great time to get involved since we are listening very closely to what everyone thinks and wants.

Hero member and eth clone...sounds interesting. Dev, are you releasing your roadmap anytime soon?

That is an interesting idea there. Let me bring that up in Slack. (percentage of POW)

I actually like that, let me ask Franko about it.

edit: His concern is that it creates sort of a "tax" (although I think it is interesting)

Maximum, that is if we decide that much is needed. Also staged over a year, not available at once. This is still being discussed, but we are not going to try to mine it like mad and work based on what we mine, just wouldn't work unless we made the initial rewards very unfair, ninja launch it, and then have all that available at the same time. Which technically would be less fair and transparent, but is usually what happens if people look closely at most projects.

Why do most fail right away? No incentive for the devs, they mine and dump, it is over. That is not the plan here. This is something that would almost certainly maintain some value and perhaps grow.

okay im watching at here
may be this coin will be next Vanilla, start, arch ort other Big new shitcoin

We are still discussing details, the coin count will not be abnormally high and will make sense. We are very experienced in cryptos so you don't have to worry about that. Block rewards are still being discussed, I prefer a smooth reduction over halving, but that is just my vote. I do not want any ninja launch. The launch itself will be published with plenty or warning and at a time/day most people like. We want to make it fair and interesting for miners, but still need to compensate the talent we are hiring, so we are working out the details on how to do that over time with a multl-sig staged reserve. (very slow release and with trusted parties in control)

As of now we are sticking with the dagger GPU/CPU hybrid for mining, unless that changes. It is uncertain if it will change to POS after a year like ETH, that is still being discussed, and opinions are very welcomed with that. We have the lead dev who already made the build. We need the explorer and build bot, Python and Node. Some people are expressing interest, but we also need people that are serious, available, and that will definitely be there when needed, and willing to be paid in EXP and hopefully increase the value of it.

This is a pre-annoucement so all the details are not finalized, but once they are, the launch announcement will be made.

10% pre-mine, say whaaaa? 

more information dev, I think you give incomplete information .. No ICO, fair launch , get more... give me

Not finalized but around 10% and in a staged escrow over a year, releasing a little at a time, perhaps for up to a team of 10 people that are pros. Which is different than one person cloning LTC/BLK/DRK again. There has to be some incentive, and ninja launching and trying to mine it in secret, or big early blocks is generally less transparent. Everything would be in the open, nobody would be dumped on, but of course if people don't believe devs should be paid they should not be involved here, we can't hire people for nothing. This system is designed for the devs to stick around and have a lot of incentive to increase the value over time. Projects do need to be funded to be successful, and of course Ethereum had serious issues staying funded even after raising many millions. This might be a couple hundred dollars per dev, or less, an extremely small amount, but if the project is successful based on their work, and investors and miners make lots of profits over many months, then devs would be rewarded more over time by making it  more valuable. Ideally everyone wins, but we definitely want miners happy, but also need a realistic chance to be compensated for time spent.

We are getting the rest of the team going and want to get it as soon as possible, but we also want a good launch and this is quite unique, so no ETA yet, but as soon as it is ready. There will be plenty of notice once we have the date set.

hmm. finally something interesting and something new

ETA?