Quote from: mullick on April 29, 2015, 10:11:38 AM

Quote from: Revelation on April 29, 2015, 09:31:23 AM

Quote from: mullick on April 29, 2015, 08:32:06 AM

http://www.primeblocks.com/ is done if anyone cares. ( Its still finishing its sync though ) I think its something that was needed regardless of if we acquired the one we did

searching 35016 will bring up the history for the key cryptsy was given as its keyID is 350:16

Thanks again for the help dooglus

I suggest you stop investing your time and resources toward XPY ecosystem. This is horrible - your exchange is creating a service for only one coin although hundreds are traded on the exchange. Are you an independent intermediary or another Ganza developer?

That was done in my free time to provide transparency that about them that nobody has offered yet including gaw

Quote from: cryptodevil on April 29, 2015, 09:31:44 AM

Quote from: mullick on April 29, 2015, 08:32:06 AM

http://www.primeblocks.com/ is done if anyone cares.

Mullick, seeing as BitJohn kept dodging the question, perhaps you can help to explain how your exchange holding a 'Prime Controller' serves to protect the coin network better than a regular wallet.

They still stake with the same frequency as a regular wallet, correct? PoS is based on amount being staked plus coin age usually so, again, I can't see how the fact the 'PC' awards a larger return on the stake than a regular wallet is going to make the 'PC' able to better protect the coin network.

From my perspective.

The larger stake rate makes the staking more worth wild. 5% annually on a small portion of our allocation to customers isnt enough to get people excited about the payouts they would receive I wouldnt think. They would be dust and just annoy people.

If the staking is worth the effort its one step torwards reducing gaw and the foundations stake weight % which grants the ability for malicious activity if they wished to do that

"netstakeweight" : 5242700.47762096,

I dont think its a stretch to say that likely 80% of that comes for Gaw, The foundation and the other unknown prime controller owners. If they chose they could perform numerous dos attacks on the blockchain. Or build their own chain on the side and attempt a double spend at cryptsy or any other exchange/service. Although it would be prety foolish of them as it would likely devalue the coin that they have so much of

1 Prime controller isnt going to do much. But if they distributed a lot more to a lot more people it would.

At this time cryptsy's prime controller is not active and all scraped coins remain untouched. It will remain this way until we make an announcement with what we plan to do. I dont expect many people to trust http://www.primeblocks.com/ but i built it to prove to ourselves that gaw or the foundation were not also using the key we were provided. But also to prove that we are not currently using it. I encourage someone to make an independent prime controller monitor

It doesn't matter if people are satisfied with the stake rate or not, it matters that a stake rate be adopted that won't cause the coin to die in a few months, which the 100% rate will. 1%, no more. Any more than that is based on complete greed. You are no better than the rest of the GAW/Paycoin crew...fueled by greed. Please explain how owning a prime controller helps to secure the network. a pc is nothing more than a wallet for special people to get more free money. Are you happy now that you are part of that club?

Either way, I won't be using Cryptsy or its not capable of positive ROI Mintsy cloud mining platform. Go back to stroking off your scam buddy Homero's cock. It is blatantly obvious Cryptsy and GAW think the same way.