Update: In the development process I realized that not many people will want their transactions to be followed by anyone typing their publically known social media username in the explorer.
This changes things, but in a good way.
Following features:
- 84 million PIE hardcap
- Anonymous transactions on the blockchain
- Social media username transactions only known to sender and receiver
- Masternodes to host nodes, but we may need to have another vote on the size
- Virtual company: Fully secure instant transactions through mobile and web wallets with low fee structure, maybe 0.2%
- Revenue sharing with masternodes (masternodes get 20% for simply hosting the node)
Participation in the virtual company is via investment. Investors receive 50% of gross revenue according to their investment share. The rest is used as a development fund to secure the long term success of PIE. Investors get to vote on expenditures/other company issues according to their investment in %.
If you are interested, please PM me with the amount of BTC you would be interested in investing (non-binding). This is to know how much interest there is. Further details will be shared with those who send PM with BTC. Messages without BTC amount will be discarded.
On the blockchain, the following steps will be taken independent of this virtual company:
- Hardcap 84 million PIE: implementation in progress
- Masternodes: we are expecting a quote for the price of programming this week. Masternodes will have a public and private key (not private key of coins, but for masternode only). This is to ensure that safety is guaranteed when hosting a masternode on a server. Coins can be held in cold storage. New vote on size of masternode is possible (depending on feedback)
This changes things, but in a good way.
Following features:
- 84 million PIE hardcap
- Anonymous transactions on the blockchain
- Social media username transactions only known to sender and receiver
- Masternodes to host nodes, but we may need to have another vote on the size
- Virtual company: Fully secure instant transactions through mobile and web wallets with low fee structure, maybe 0.2%
- Revenue sharing with masternodes (masternodes get 20% for simply hosting the node)
Participation in the virtual company is via investment. Investors receive 50% of gross revenue according to their investment share. The rest is used as a development fund to secure the long term success of PIE. Investors get to vote on expenditures/other company issues according to their investment in %.
If you are interested, please PM me with the amount of BTC you would be interested in investing (non-binding). This is to know how much interest there is. Further details will be shared with those who send PM with BTC. Messages without BTC amount will be discarded.
On the blockchain, the following steps will be taken independent of this virtual company:
- Hardcap 84 million PIE: implementation in progress
- Masternodes: we are expecting a quote for the price of programming this week. Masternodes will have a public and private key (not private key of coins, but for masternode only). This is to ensure that safety is guaranteed when hosting a masternode on a server. Coins can be held in cold storage. New vote on size of masternode is possible (depending on feedback)
Discussion here on ANN is welcome!
I am discussing with myself
Feel free to jump in any time. It will be a good idea to pay the programmer of wallets (virtual company) with PIE. So you can invest some PIE to make the value of your remaining PIE go up and earn a profit share of future revenue. It's a really fair deal I think. So PM with PIE also possible....The best solution would probably be that we have the hardcap on coins (84 million) and implement the 100k masternodes on the blockchain. The existing PC wallet could function as such and the masternodes with public key/private key set up on servers as nodes.
Masternodes would have no direct revenue share. They would enjoy their value going up with the price of PIE. Incentive through price appreciation.
We could then facilitate an escrow service where entire masternodes could be traded. This could be done without heavily influencing open market price of PIE and we could get strong hands holding PIE in the long run. Pumpers and dumpers could naturally choose to dump their PIE in the open market also.