OP logged in and out again without making a comment, not looking good.
excuse my ignorance, but what does it mean OP?
OP means Original Post, or Original Poster.
And here to the announcement.
The developer of this coin sadly made a mistake that ruined the PoS system.
The damage caused by first having multiple chains (Which we fixed, the community) was reduced.
But the issue with PoS is not something that can pass on.
The project is no longer going to continue as the trust between the users and the administration is lacking.
Stop your miners, delete the wallets, its over.
I am sorry for the people who spent money on hashrate to mine this currency.
Good luck everyone, I hope you all hit the next big currency
Hello Nugget community!
I am the dev for Nugget which sadly owner decided to abandone because he think the project is a failure.
1. The initial project was based on qubit which was ready some days ago awaiting launch date and we had to do an emergency switch to a Nist5 algorithm withing some few hours. As with every new modification in codes, there are likely to be unforseen certainties/circumstances in behaviour or outputs.
2. The launch was met with some issues because
a). others found the source code early and started mining.
b). the PoS code for testing was not properly removed and is available in this commit
https://github.com/hamuki/nugget/commit/19c518d1fe7b89461dc3f4e475ac7dd8c1d975da.
c). Some Miners where still on the old chain which contained old PoS rules and we had just one node running so I had to put up a second node to support which was not part of the deal.
2. This is not the first project that had not worked well from launch. Even some projects that had raised a lot of money during ICOs have failed on launch and had to postpone launch date to correct what ever problems that existed.
Nugget could have just relaunched easily on a clean chain without forks and there will be no issues.
Project owner decided to abondon project because he did not hear from me in 12hrs, for the very first time and calls project as failed
.
He disregards the fact that i spent many hours working on this and infact, it's the tiredness that made me forget to remove testcodes lines which i did quickly when i realised it but then again, that information was not updated in OP.
I have put all nodes down while i test PoS to be sure problem is well taken care off.
I'm still waiting for owner to respond to my messages on skype and if he doesn't by tomorrow same time, then it's obvious he has no interest in the project anymore, i'll invite a competent project manager, provide a new source repo and relaunch.