Topic: [SNRG] 🔥 Synergy 🔥 Cloud.Synergycoin.com Cloud Bot Now Live!! 🔥 - page 32. (Read 162183 times)

For proof of work coins, that may hold true. Proof of stake coins don't respond as directly to inflation.

shouldn't do inflation it will just drop the price

   You're one interesting chap, that's for sure. 

MOON! BUY QUICK BEFORE SUPER INFLATION.

Oh, I understand now. Sorry for my noob question.

I think the "group" is SNRG holders, not an actual group behind it.  I may be wrong but I think that's why it's decentralized because the group is unknown to each other.

Dear Grandpa!

I like your updates, and your work, you are a really great dev as i said before.

But please, tell us a little from the pump group. Who is behind this group, etc, etc.

Or you will tell this when the newest release come?

Sorry, but i haven't got any information from this "pump group"

Everything you said is correct.

At the moment, the minimal balance for entry is 200 SNRG. This number may go down as the price goes up. We came up with that number when the prices was about 8000 sat.

Yes there will be a hierarchy. Bigger wallets will get early notifications. Participants must maintain the minimal balance (200 SNRG) for at least two weeks before the pump start. The minimum balance over that time will be used for ordering notifications.

It is important to make sure that the registration address maintains the minimum balance. A balance split among many different addresses will not work. A participant will register with a single address, and this address determines the participant's ordering.

If it sounds complicated, don't fret, I have been working fanatically to make this as simple as possible. We will have instructions after release and hopefully a professional video (hinting to the rest of the team here).

On that note, I'm happy to report my progress with the pump group organization page. Tonight I debugged the two scans that track the "ongoing" pump. The screen shot below shows the results of a testing cycle. One can see that the GUI client can now automatically scan all transactions to find the registration address for the current pump (here "STTG547MFDcSB36miRyX6c8SwXSVzY9jsz") and then find the encrypted communication that indicates the coin to be pumped and the exchange where the pump will be focused (here "SNRG / Bittrex" -- and no, we won't actually pump SNRG).

I have yet to do the final scan to find the minimum balance, but this will be trivial compared to the previous scans, which presented several challenges. My current estimation is to have a beta release within 3 days. I will continue making regular updates in the meantime.

Not that I have seen.

Has a decision been made on the increased block reward?  I am in favor, see no reason not to make the change.

You're right about that.  The fact that updates are broken down and released in pieces rather than a "big bang" says a lot about the experience of the developer. 

Quicker is good, at least it's not hanging up at all requiring restarts like most these days.  The bootstrap is really apprecaitd.

I found the problem and added an adjustment. It should be quicker to sync after the next release.

The forum mood seems in very good shape, and I guess that the vast majority are happy for you to take the time required to get it right.
I certainly am
Measure twice, cut once - as an old gaffer used to say.

It's going slower than expected. I've finished the second scan.


To-Do for Pump Group Release

• scan for previous registrations to know which stealth transactions will relay the pick for the current pump
• scan for said stealth transaction and extract the pick information
• scan transactions belonging to the registration address to report the minimum balance
• gui refinements (lock input fields for manual entry and other "fool-proofing")
• full-cycle testing and associated debugging
• block reward adjustment (assuming consensus for higher rewards remains unchallenged)
  
• deployment (versioning, building, & bundling)

Hey Jwtech, welcome.  Glad to hear all is well now.

Sorry took a bit longer then expected to sync up.

Thanks.