Quote from: STOPBEINGREEDY on September 04, 2017, 03:25:47 PM

Quote from: PeterTheGrape on September 04, 2017, 02:20:26 PM

Quote from: STOPBEINGREEDY on August 31, 2017, 12:24:03 AM

... masternode.
...

... masternodes a...

Hi peter.
Very much appreciate your responses. Am actually very very keen on this project. But am really not technically literate very much. I cannot tell you definitively what a masternode is, but it's like

Maybe an advanced proof of stake method.
And it is a form of mining from the little I know. But don't be too quick to qoute me.

Am certain MND coin will pick up interest bit by bit.
As a community forms around it, some community members will be either very technical or they will know someone who is.

Peace and love.

Here is what we can try and do. I saw some other coins doing masternodes, Bitcoinfx was going to do them for gapcoin and some coin I saw yesterday made a big deal of them so it is something important I guess.

If Mike will hold an exchange wallet to stabilize the price, for example guarantee a minimum price so there are miners, I'll contribute a little to start that. He would have to agree to buy mnd for a certain minimum price as long as funds are available to buy at that price. He would sell large blocks at maybe that price plus 10% and use profits to do something with the coin, maybe some of his donation ideas.

If you want to figure out how much it will cost to experimentally start a masternode project and post a btc address I'll donate enough to start it as long as it is within my means. Then you see if it is easy and if it helps the coin, and if it does I'll offer bounties for starting more

.

Once the coin is stable and not prone to hijacking then Mike is a good public figure. Coin devs take a lot of abuse and especially for this coin it is important to have somebody up front to take the heat from trolls. Then others can start sideprojects.

add

https://themerkle.com/what-is-a-masternode/ I think it's something that requires redoing the coin somewhat, not clear. If you or somebody who knows about tech can figure out what is required and the cost and how to do it then post. i'll try to research

https://steemit.com/masternode/@jasonforish/masternode-investing

add2
This is what I noticed yesterday https://chainz.cryptoid.info/flax/#!network You can see at the top it lists masternodes instead of hashrate and on the thread there is a lot of chatter about masternodes. That coin used to struggle a bit so it sure helped them.

Here we go http://masternodes.pro/ I'll message Mike Wheeler and see if we can get that set up, if he thinks it's wise

Quote from: STOPBEINGREEDY on August 30, 2017, 11:55:49 PM

...

...What exchanges is mnd on apart from yobit?

As far as I know only Yobit is keeping the coin going and somebody seems to have a helpful node in France that helps synch quickly. Exchanges are important to stay alive at the moment, but the trend in coins will definitely be toward some other solution. In a few years probably every business, maybe even every person will have their own coin. There will have to be some sort of instant network that arbitrages all coins and there will have to be some more deliberate way a person allocates their funds between coins, like maybe a wallet that arbitrages coins and lets you say how much of your 'wealth' you want in each coin. Hopefully mindcoin can stay ahead of that trend.