Quote from: hanzac on March 15, 2017, 04:35:44 AM

I can support your decision as long as the terracoin base parameters specification is not changed and the protocol changes do not hurt the investors.
But I doubt that we have enough funds to pay to implement DASH voting system. (If someone can do this volunteered, this will be best.) That's why I'm thinking about the cheaper solution.
No matter what, if DASH voting system is set up, I'll support it.

Regarding the income for foundation from each block, I think this will hard fork or the mining pools can agree to use a modified node software. So this is not a easy task.

Gathering the funds for the DASH implementation will be the hardest part, and it would really be better to have a volunteer who will move into a paid position once the core dev payment proposal goes through.

I was speaking of doing either/or. I think the DASH proposals are more fair. It will cause a hard fork, but I don't think the mining pools will be upset because it will increase the value of the coin.

Quote from: johnwhitestar on March 15, 2017, 01:46:56 PM

Dear Clockuniverse,
thank you for your effort. I think that everybody appreciates it very much.

The idea of the real world use of TRC is still alive.
We are working on the legal aspect of it.
After we have an idea in this sense we are planning to begin with TRC/EUR gateway.
I'd like to ask you: would TRC Foundation hold our warranty provision, a bit as if it was an escrow service, in order our TRC/EUR gateway users to be sure we have serious intentions, so in case of any controversy our client would be able to make a claim to you and you'll decide whether he is right or wrong and possibly compensate him (using the TRCs we'll send to you as warranty) from the losses he had using our service?
The idea here is that if everything goes as planned we'll gradually donate the TRCs from our warranty provision to the TRC Foundation (so at some moment of time there will be no warranty provision left, but everybody will be sure that our service is working).
If instead we'll see that idea is not working, we'll just ask you our warranty provision back.

Speaking about masternodes, I'd suggest to consider the idea of the gradual increasing of the masternode price. Because if now a masternode will cost 10000 and in 10 months it will cost 1000 I'm afraid that everybody will prefer to wait.

I actually was talking with an API developer recently about your coin payment button idea and he said it was totally doable, but he didn't have time to work on it. He also said you would have to find an exchange with API access and the pairing you wanted. I looked into TRC/USD (I thought you were interested in that pairing) and there are some crazy low buy orders for TRC so you wouldn't want to use that pairing. You could use TRC/BTC then have it sell BTC for USD. I don't see many BTC\USD pairings where TRC is traded.

As for putting coins in escrow I think there are services that already do that and have real legal stuff backing them up.

So with DASH they have masternodes costing 1000 to run which is like $80,000 USD right now, which is impossible for the common man. I decided to put it to start at 10,000 TRC because the price of TRC is so low and each block is split 45% to the masternodes. If you get in earlier you will get more TRC each month because there are less masternodes and as the amount of TRC needed to run a masternode goes down you can sell of some of your starting TRC each month, or create another masternode. This will slow down the possible massive increase in price of TRC and protect TRC from some yahoo creating 1000 masternodes right off the bat and screwing over the voting.

TRC has a larger total number of coins so I think a final amount of 1000 TRC per masternode to create a masternode it would never cost more then $1000 to $5000 USD.

Quote from: bitbonbon on March 16, 2017, 12:17:06 AM

I'm really glad to see this coin up and running ). Do you have any plan to attract new holders? The value depends on userbase, you know....

We are going to add the DASH project implementation and masternodes so that people can put in their own projects. Some of these projects will be marketing, and payment buttons so that more people hear about TRC and they have the ability to use TRC in real life.