June 1 has long come. It is necessary to introduce new technologies into the coin. Only after that will there be active coin growth!
-------------
The Dev Rent_a_Ray is working on an update to Zeitcoin's specs.
Update to a Ultra Low Inflation Coin
1. Interest rate change to 0.0005% (0.000005) per year.
2. Minimum Stake Age Changed to 1 Day, (24 Hours)
3. Blocks only Split , if they stake within 25 hours of being created, all blocks older than 25 hours would not split, just add the additional amount to the block.
* This will end the excess inflation that is keeping our price low, after it is activated,
Prices will stabilize and then begin a gradual but continuous increase in price per coin,*
Supply of new coins , at the old 5% rate was ~1 million per day , after the switch to Ultra Low Inflation less than 181,000 new coins will be created per year.
By moving to a minimum stake age of 24 hours instead of 20 days, we dramatically increase our network security.
By harnessing the law of supply & demand, it will cause the price of existing coins to increase due to the decrease in new coins created.
It also changes us to a PoST coin, as you will be able to earn more zeitcoins from processing Transactions per block than the interest earned.
Due to this ULI update , and the nature of random transactions fees, You have the highest earning potential by leaving your wallet running 24x7 after the new specs are active. In the past some users only synced and supported the network a few hours every month or so, and they can continue doing that if they wish, but it will decrease their earning potential if they don't run daily. So increased incentive for full time nodes and daily staking. Smiley
Dev is working hard to make these changes happen, and will announce more information ~June 1st as far as the scheduling of the hard fork.
Topic: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION] [MICRO-PAYMENTS] - page 85. (Read 1009334 times)
June 24, 2017, 02:03:08 AM
June 23, 2017, 11:11:12 PM
The coin has no innovative technology, and development must do this.
June 23, 2017, 10:36:59 PM
Due to our recent price spike a month or so ago.
Their are many members that feel going to ULI , is unnecessary and want to stay at the 5% forever.
It has come to my attention, that some of those plan a split (like ETH/ETC) once ULI goes into effect , basically causing a civil war in the Zeit community.
I personally feel ULI would have helped ZEIT reach its Destiny sooner than staying at the 5% rate.
However due to my inability to actually get the ULI activated and the possibility of splitting this great community in half.
I have no choice but to withdraw my future efforts to get ULI activated.
From here on out , my only purpose here will be keeping the snapshot updated.
I asked Zeitcoin to remove the ULI from the OP as no one will be attempting it's activation now,
and the 5% rate will be Final and Forever as originally intended.
I still Believe ZEIT will reach it's goals with the help of the Knights, it will just be at a slower pace.
Good Day, everyone.
Their are many members that feel going to ULI , is unnecessary and want to stay at the 5% forever.
It has come to my attention, that some of those plan a split (like ETH/ETC) once ULI goes into effect , basically causing a civil war in the Zeit community.
I personally feel ULI would have helped ZEIT reach its Destiny sooner than staying at the 5% rate.
However due to my inability to actually get the ULI activated and the possibility of splitting this great community in half.
I have no choice but to withdraw my future efforts to get ULI activated.
From here on out , my only purpose here will be keeping the snapshot updated.
I asked Zeitcoin to remove the ULI from the OP as no one will be attempting it's activation now,
and the 5% rate will be Final and Forever as originally intended.
I still Believe ZEIT will reach it's goals with the help of the Knights, it will just be at a slower pace.
Good Day, everyone.
I support the ULI. I have had enough Zeit to become a Knight but have not. If this is something that the Knights control, then if becoming one I will when the window opens again.
What is a ULI? Would that cut down the total number of coins each person owns? Just curious. If someone owns 500k coins, would it potentially become 250k? Just wondering how this would work. Thanks
Link to your own post answering this question a month ago. Ultra Low Inflation.
https://bitcointalksearch.org/topic/m.19147771
It would not affect the amount of coins you currently have.
June 23, 2017, 09:33:41 PM
Due to our recent price spike a month or so ago.
Their are many members that feel going to ULI , is unnecessary and want to stay at the 5% forever.
It has come to my attention, that some of those plan a split (like ETH/ETC) once ULI goes into effect , basically causing a civil war in the Zeit community.
I personally feel ULI would have helped ZEIT reach its Destiny sooner than staying at the 5% rate.
However due to my inability to actually get the ULI activated and the possibility of splitting this great community in half.
I have no choice but to withdraw my future efforts to get ULI activated.
From here on out , my only purpose here will be keeping the snapshot updated.
I asked Zeitcoin to remove the ULI from the OP as no one will be attempting it's activation now,
and the 5% rate will be Final and Forever as originally intended.
I still Believe ZEIT will reach it's goals with the help of the Knights, it will just be at a slower pace.
Good Day, everyone.
Their are many members that feel going to ULI , is unnecessary and want to stay at the 5% forever.
It has come to my attention, that some of those plan a split (like ETH/ETC) once ULI goes into effect , basically causing a civil war in the Zeit community.
I personally feel ULI would have helped ZEIT reach its Destiny sooner than staying at the 5% rate.
However due to my inability to actually get the ULI activated and the possibility of splitting this great community in half.
I have no choice but to withdraw my future efforts to get ULI activated.
From here on out , my only purpose here will be keeping the snapshot updated.
I asked Zeitcoin to remove the ULI from the OP as no one will be attempting it's activation now,
and the 5% rate will be Final and Forever as originally intended.
I still Believe ZEIT will reach it's goals with the help of the Knights, it will just be at a slower pace.
Good Day, everyone.
I support the ULI. I have had enough Zeit to become a Knight but have not. If this is something that the Knights control, then if becoming one I will when the window opens again.
What is a ULI? Would that cut down the total number of coins each person owns? Just curious. If someone owns 500k coins, would it potentially become 250k? Just wondering how this would work. Thanks
June 23, 2017, 07:20:00 PM
Due to our recent price spike a month or so ago.
Their are many members that feel going to ULI , is unnecessary and want to stay at the 5% forever.
It has come to my attention, that some of those plan a split (like ETH/ETC) once ULI goes into effect , basically causing a civil war in the Zeit community.
I personally feel ULI would have helped ZEIT reach its Destiny sooner than staying at the 5% rate.
However due to my inability to actually get the ULI activated and the possibility of splitting this great community in half.
I have no choice but to withdraw my future efforts to get ULI activated.
From here on out , my only purpose here will be keeping the snapshot updated.
I asked Zeitcoin to remove the ULI from the OP as no one will be attempting it's activation now,
and the 5% rate will be Final and Forever as originally intended.
I still Believe ZEIT will reach it's goals with the help of the Knights, it will just be at a slower pace.
Good Day, everyone.
Their are many members that feel going to ULI , is unnecessary and want to stay at the 5% forever.
It has come to my attention, that some of those plan a split (like ETH/ETC) once ULI goes into effect , basically causing a civil war in the Zeit community.
I personally feel ULI would have helped ZEIT reach its Destiny sooner than staying at the 5% rate.
However due to my inability to actually get the ULI activated and the possibility of splitting this great community in half.
I have no choice but to withdraw my future efforts to get ULI activated.
From here on out , my only purpose here will be keeping the snapshot updated.
I asked Zeitcoin to remove the ULI from the OP as no one will be attempting it's activation now,
and the 5% rate will be Final and Forever as originally intended.
I still Believe ZEIT will reach it's goals with the help of the Knights, it will just be at a slower pace.
Good Day, everyone.
I support the ULI. I have had enough Zeit to become a Knight but have not. If this is something that the Knights control, then if becoming one I will when the window opens again.
June 23, 2017, 06:50:28 PM
Well that seems a shame as I think we do need a cut to new supply to stabilize Zeitcoin's exchange rates. Even if that means a simple interest rate cut to say 1% or .5% and staking parameters remain the same, it should be undertaken imo.
To that end I'd be willing to contribute to a fund to get this accomplished. ULI was voted upon and seemed to be overwhelmingly supported, it's a shame to let it go after some have cited this initiative specifically as a primary incentive for increasing their stack of Zeit.
What say other knights and holders of Zeitcoin on this?
To that end I'd be willing to contribute to a fund to get this accomplished. ULI was voted upon and seemed to be overwhelmingly supported, it's a shame to let it go after some have cited this initiative specifically as a primary incentive for increasing their stack of Zeit.
What say other knights and holders of Zeitcoin on this?
June 23, 2017, 06:11:35 PM
Due to our recent price spike a month or so ago.
Their are many members that feel going to ULI , is unnecessary and want to stay at the 5% forever.
It has come to my attention, that some of those plan a split (like ETH/ETC) once ULI goes into effect , basically causing a civil war in the Zeit community.
I personally feel ULI would have helped ZEIT reach its Destiny sooner than staying at the 5% rate.
However due to my inability to actually get the ULI activated and the possibility of splitting this great community in half.
I have no choice but to withdraw my future efforts to get ULI activated.
From here on out , my only purpose here will be keeping the snapshot updated.
I asked Zeitcoin to remove the ULI from the OP as no one will be attempting it's activation now,
and the 5% rate will be Final and Forever as originally intended.
I still Believe ZEIT will reach it's goals with the help of the Knights, it will just be at a slower pace.
Good Day, everyone.
Their are many members that feel going to ULI , is unnecessary and want to stay at the 5% forever.
It has come to my attention, that some of those plan a split (like ETH/ETC) once ULI goes into effect , basically causing a civil war in the Zeit community.
I personally feel ULI would have helped ZEIT reach its Destiny sooner than staying at the 5% rate.
However due to my inability to actually get the ULI activated and the possibility of splitting this great community in half.
I have no choice but to withdraw my future efforts to get ULI activated.
From here on out , my only purpose here will be keeping the snapshot updated.
I asked Zeitcoin to remove the ULI from the OP as no one will be attempting it's activation now,
and the 5% rate will be Final and Forever as originally intended.
I still Believe ZEIT will reach it's goals with the help of the Knights, it will just be at a slower pace.
Good Day, everyone.
June 23, 2017, 05:57:53 PM
doenst matter if it is undervalued it and its crashing again we will see what happens will it reach havens or will it go straight to hell
we are into this for the long haul my friend. if you have enough pls fasten your seatbelt and enjoy the ride, otherwise it is time to buy ...
June 23, 2017, 05:56:27 PM
doenst matter if it is undervalued it and its crashing again we will see what happens will it reach havens or will it go straight to hell
Everyone knows you are a fud account.
June 23, 2017, 10:08:26 AM
doenst matter if it is undervalued it and its crashing again we will see what happens will it reach havens or will it go straight to hell
June 23, 2017, 02:59:39 AM
Zeitcoin is unbelievably undervalued.
June 22, 2017, 06:05:26 PM
I'm nowhere near becoming a Knight here but I know that holding Zeit for the long term will pay off one day. I'm only a small fish so I'm not able to buy a lot of Zeit coins but I do buy some every week from my signature campaign earnings along with some other funds I can come up with.
June 22, 2017, 03:42:01 PM
Went to tradsatoshi to see if their wallet is synced yet and got nothing but cloudfare. Anyone been in contact with them recently?
It seems like having issue with their hosting provider for a while. They just posted the site should be back by Sunday a bit ago.
June 22, 2017, 03:18:20 PM
Went to tradsatoshi to see if their wallet is synced yet and got nothing but cloudfare. Anyone been in contact with them recently?
June 22, 2017, 12:50:14 PM
I want to keep my zeit in my wallet for 5 years
What price do you think will come in 5 years?
What price do you think will come in 5 years?
Do you mean the ZEIT/FIAT market?
ZEIT (and others) could become a good investment while FIAT crashes (again).
It's not the question of if but when...
HODL!
Cheers,
Ray
June 22, 2017, 10:59:55 AM
I want to keep my zeit in my wallet for 5 years
What price do you think will come in 5 years?
What price do you think will come in 5 years?
June 22, 2017, 06:52:53 AM
Back to the original, the coinexchange market is gone 
It is on it.
June 22, 2017, 06:36:42 AM
Back to the original, the coinexchange market is gone
June 21, 2017, 10:15:09 PM
*what is it that makes this coin special and worth more than it is now?
*how do people think that zeitcoin can reach 0.01$?
*what are the main goals as what I checkt i don't think that with this goals we will reach any popularity and we wont even reach 0.01$ not trying to bash or anything but iam curious what makes it worth for example 0.01$ in the future
*how do people think that zeitcoin can reach 0.01$?
*what are the main goals as what I checkt i don't think that with this goals we will reach any popularity and we wont even reach 0.01$ not trying to bash or anything but iam curious what makes it worth for example 0.01$ in the future
1st.
The Knights that each hold 100 million coins, act as a stabilizing influence on ZEIT ,
no other coin has that.
Once the Knights reach 300 , the world will finally understand the power of global cooperation.
2nd.
The move to ULI , will greatly enhance the stabilizing influence of the Knights.
In Math Terms,
300 knights holding 100 million coins = 30 Billion
Leaving less than 7 Billion for currency use.
Now imagine that many of the Knight enjoy trading ZEIT like everyone else
and only hold 25 million extra to sell when the price is higher
Then we have
300 knights holding 125 million coins = 37.5 Billion
FYI: Total Supply of ZEIT is less than 37 billion
Just to compare history when their were no knights,
ZEIT's Marketcap was only ~$22,000 , less than 3 years ago,
as of today , ZEIT's Marketcap is ~$5 Million Dollars and only 14 official Knights.
That is an increase in Market cap of ~227 X in less than 3 years.
If what we are doing seem unlikely to you.
Then observe how I give you an answer different from every other coin community.
If what I said makes sense then you want to become a Knight as it is apparent , it is only a matter of time til our price is hitting $1 and you can be one of the few to make it happen.
or
If the above makes no sense to you, then don't buy ZEIT , and good luck in whatever other ventures you choose.
** Just to be clear the path to success is not a straight line, there will be many storms that curve our path ,
however the destination is fixed and certain, the only variable is time of arrival.
** FYI:
Like it says on the Website, The Will to make a Difference.
June 21, 2017, 10:50:55 AM
Thanks for the confirmations from all the knights. I know we all are millionaires now just have to have the right pair of FIAT.
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