All though interesting, I don't believe block reward voting to be useful as everyone regardless of large or small stake will vote for the lowest possible block reward to increase the value of any coins mined.
Increasing the coin supply does not increase the value. Likewise reducing the block reward increases the scarcity (value).
Why would anyone vote otherwise?
Topic: [PRE-ANN][HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 64. (Read 140040 times)
February 23, 2014, 11:16:41 PM
February 23, 2014, 10:52:11 PM
Looks interesting, except for the fact of no cap on the investments. Refund that 20 BTC investment (79.9465 % of all IPO) and introduce a sane cap of max. 1 BTC.
This is obviously an insider using funds to obtain more of the IPO. I wouldn't be surprised if they used funds that they were going to use for development for the IPO.
February 23, 2014, 08:30:15 PM
Looks interesting, except for the fact of no cap on the investments. Refund that 20 BTC investment (79.9465 % of all IPO) and introduce a sane cap of max. 1 BTC.
Yeah I'm gonna have to agree.
You guys realize you are telling them to refund their largest investment? Pretty silly if you ask me.
I think someone who is willing to drop 20BTC on a new and innovative coin, wouldn't be bothered by making disposable accounts (or probably already has them). I'm debating upping my IPO amount, just to even the distribution a little.
February 23, 2014, 07:38:14 PM
Looks interesting, except for the fact of no cap on the investments. Refund that 20 BTC investment (79.9465 % of all IPO) and introduce a sane cap of max. 1 BTC.
Yeah I'm gonna have to agree.
You guys realize you are telling them to refund their largest investment? Pretty silly if you ask me.
February 23, 2014, 07:25:04 PM
Looks interesting, except for the fact of no cap on the investments. Refund that 20 BTC investment (79.9465 % of all IPO) and introduce a sane cap of max. 1 BTC.
Yeah I'm gonna have to agree.
February 23, 2014, 06:32:56 PM
OK, so I'm a very small time miner.
What do I need to do to get ready for the launch?
Do I go here >> https://bitcointalksearch.org/topic/an-even-more-optimized-version-of-cpuminer-poolers-cpuminer-cpu-only-55038 and get the best suited? Or will there be a custom miner released in time?
Thanks,
Tim
What do I need to do to get ready for the launch?
Do I go here >> https://bitcointalksearch.org/topic/an-even-more-optimized-version-of-cpuminer-poolers-cpuminer-cpu-only-55038 and get the best suited? Or will there be a custom miner released in time?
Thanks,
Tim
You just need the wallet to mine and it has GUI controls for mining. At this stage there is no custom miner nor pool miner. We will advise if that changes.
Thanks cheif, but how do I play that if I want to use a number of machines? Do I have to wait for a pool to appear, or is there a way of telling them all about the others?
February 23, 2014, 06:22:59 PM
Looks great, but you cannot do both - be anonymous and expect people to give you btc without the escrow. 
February 23, 2014, 06:19:39 PM
Refund that 20 BTC investment (79.9465 % of all IPO) and introduce a sane cap of max. 1 BTC.
This ^ will (a) bring many more investors, (b) will ensure better distribution from the start, (c) will automatically create bigger community.
February 23, 2014, 06:14:02 PM
Looks interesting, except for the fact of no cap on the investments. Refund that 20 BTC investment (79.9465 % of all IPO) and introduce a sane cap of max. 1 BTC.
Theoreticly a person could still invest a large sum by investing severall smaller amounts,
offcourse he or she would have to make a bitcointalk account for every single investment.
February 23, 2014, 05:57:59 PM
Looks interesting, except for the fact of no cap on the investments. Refund that 20 BTC investment (79.9465 % of all IPO) and introduce a sane cap of max. 1 BTC.
February 23, 2014, 05:34:59 PM
You guys realize that the 20BTC bomb is sufficient in terms of Kilotons to be able to manipulate the market for months to come right? The Pandacoin debacle showed that (although the devs dumped it themselves, which didn't help). I like the idea you have here however. Still contemplating whether it is worth the risk though.
February 23, 2014, 04:41:52 PM
Anymore room for IPO?
Yes, you can still join the IPO.
IPO ends: Mon March 3rd 00:00 UTC
February 23, 2014, 04:33:45 PM
Anymore room for IPO?
February 23, 2014, 04:29:30 PM
Whoa! Finally something new. I like this coin!
Thanks!
February 23, 2014, 04:24:23 PM
Whoa! Finally something new. I like this coin!
February 23, 2014, 04:22:17 PM
031616780318a5bf6dad11cb9311dc889cb094e1a1b04a55e792c9742d788e93
btc:0.1999
btc:0.1999
Thanks and welcome aboard! We'll PM you your IPO stake details shortly.
February 23, 2014, 03:31:06 PM
031616780318a5bf6dad11cb9311dc889cb094e1a1b04a55e792c9742d788e93
btc:0.1999
btc:0.1999
February 23, 2014, 03:05:29 PM
We have changed the countdown timer on the Heavycoin website from a "Launch" timer to an "IPO" timer. We have done this to avoid confusion about when the IPO ends.
The IPO dates have not been changed and the "IPO" countdown timer will be replaced with the "Launch" countdown timer after the IPO is closed.
The IPO dates have not been changed and the "IPO" countdown timer will be replaced with the "Launch" countdown timer after the IPO is closed.
February 23, 2014, 12:06:30 PM
Heavycoin Public Key: 040d28239553f559908f2b5c9797123e0e274df944ec2ae79bafd72e9e4c28a2d33d69ddc5b3fd9 2b8d2e402255026ebcd4eb85016704dc72fa42767d97c3f85ac
Bitcoin Transaction ID: dac5fcf43638fc33526a65f8d24a338322f485c0e79f2810910254874bebff47
Amount sent: 0.02478 BTC
Bitcoin Transaction ID: dac5fcf43638fc33526a65f8d24a338322f485c0e79f2810910254874bebff47
Amount sent: 0.02478 BTC
Investment confirmed. Welcome aboard!
February 23, 2014, 11:50:24 AM
OK, so I'm a very small time miner.
What do I need to do to get ready for the launch?
Do I go here >> https://bitcointalksearch.org/topic/an-even-more-optimized-version-of-cpuminer-poolers-cpuminer-cpu-only-55038 and get the best suited? Or will there be a custom miner released in time?
Thanks,
Tim
What do I need to do to get ready for the launch?
Do I go here >> https://bitcointalksearch.org/topic/an-even-more-optimized-version-of-cpuminer-poolers-cpuminer-cpu-only-55038 and get the best suited? Or will there be a custom miner released in time?
Thanks,
Tim
You just need the wallet to mine and it has GUI controls for mining. At this stage there is no custom miner nor pool miner. We will advise if that changes.
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