Post
Topic
Re: [ANN] Iridium - People are Power - PoW - Community Built - Low Supply
by
hmfundInD
on 03/10/2017, 09:45:18 UTC
Am I wrong or global hash rate is decreased?

ird.globalpool.cc --> 222 KH
mine77              --> 222 KH
[Suspicious link removed]           --> 324 KH  (why is different?Huh)

Seems we are losing interest from miner...


Yeap, moved my rig to another coin. T_T Even that I donated few $$.
A lot of coins with more dynamic development.
Mined from 12 of September till ~28 of Sept, but lost the faith. T_T Maybe I'm wrong, but I cant see any dynamic here.
Just a theory, maybe people are losing interest because it seems like the priority is getting this coin on any exchange regardless of the reputation rather than developing the community that is supposed to "power the coin". Shouldnt our focus be on attracting new people to this coin, do we have any other developers working on this project, is there a way for another dev to be involved? Do we have a subreddit that can attract more people? IMO,we need to have some people dedicated to the project other than the og dev. Maybe instead of  only donating to get the coin on an exchange, we should raise money to compensate the participants for their work on the project. Otherwise, wheres the incentive for people to get involved, how will they be compensated for their work? And what happens when the OG dev decides to move on to another project, who takes over, who will be there if we need a fork or a wallet update? And the whitepaper, is two pages really all that we can say about this coin? if the goal is get this coin to "get on an exchange and the people and money will come" and we dont have any real support, who would want to dedicate their resources when there are many other coins that you can mine that have strong community support and a dev team behind it. NoT criticizing anyone in particular but we as a community should agree to what the priorities should be for this project that has real potential.
Tl_Dr:
Maybe people are losing interest because the priority on this thread is to get on an exchange rather than an active discussion of the long term vison for this coin or at the very least  working to finish the white paper, and the only place to hear of this coin is this thread, slack, and twiter page with little activity. IMO, we should raise money to compensate work and attract talent to this project.

Heya, yeah I do feel the same, but how would we get more people involved and expand our reach? Are there any other methods of publicity that we can use? And where can we find people who would like to help with the project?

Maybe it's soon, but we can speak on all the channels...like twitter , facebook, trying to get some small idea or maybe another dev to help you...

If you want I can try to shill something on twitter keepin the focus on the point of a community driven coin...

It would be great if you should advertise on twitter, I'll be sure to keep the twitter updated.

So, do we have 0.1btc to yobit?

Yes! Smiley
We are also currently in the process of being listed on SouthXChange, so it's full steam ahead!

Am I wrong or global hash rate is decreased?

ird.globalpool.cc --> 222 KH
mine77              --> 222 KH
[Suspicious link removed]           --> 324 KH  (why is different?Huh)

Seems we are losing interest from miner...


Yeap, moved my rig to another coin. T_T Even that I donated few $$.
A lot of coins with more dynamic development.
Mined from 12 of September till ~28 of Sept, but lost the faith. T_T Maybe I'm wrong, but I cant see any dynamic here.
Just a theory, maybe people are losing interest because it seems like the priority is getting this coin on any exchange regardless of the reputation rather than developing the community that is supposed to "power the coin". Shouldnt our focus be on attracting new people to this coin, do we have any other developers working on this project, is there a way for another dev to be involved? Do we have a subreddit that can attract more people? IMO,we need to have some people dedicated to the project other than the og dev. Maybe instead of  only donating to get the coin on an exchange, we should raise money to compensate the participants for their work on the project. Otherwise, wheres the incentive for people to get involved, how will they be compensated for their work? And what happens when the OG dev decides to move on to another project, who takes over, who will be there if we need a fork or a wallet update? And the whitepaper, is two pages really all that we can say about this coin? if the goal is get this coin to "get on an exchange and the people and money will come" and we dont have any real support, who would want to dedicate their resources when there are many other coins that you can mine that have strong community support and a dev team behind it. NoT criticizing anyone in particular but we as a community should agree to what the priorities should be for this project that has real potential.
Tl_Dr:
Maybe people are losing interest because the priority on this thread is to get on an exchange rather than an active discussion of the long term vison for this coin or at the very least  working to finish the white paper, and the only place to hear of this coin is this thread, slack, and twiter page with little activity. IMO, we should raise money to compensate work and attract talent to this project.

Heya, yeah I do feel the same, but how would we get more people involved and expand our reach? Are there any other methods of publicity that we can use? And where can we find people who would like to help with the project?

Maybe it's soon, but we can speak on all the channels...like twitter , facebook, trying to get some small idea or maybe another dev to help you...

If you want I can try to shill something on twitter keepin the focus on the point of a community driven coin...
Any and all social media platform worth being on should have an iridium page and a links to that page should be in the 1st post. At least we have avenues to attract people who may want to spend there time bc they believe in the project. But we should really think about either raising funds either btc, or other crypto in order to compensate work for example making the webpage or monitoring social media sites or devolping to project itself. Or maybe some members of the community who are holding lots of ird may want to consider using their ird to fund the help we will need to make this coin worth real $ instead of pennies/ couple hundread sats. According to the block explorer there are over a million coins out, i'm willing to contribute some crypto to get a working site and a decent looking white paper. But obviously i cant fund everything with the ird that i have. So what a good way to test how much the community really cares about this project, anyone else willing to give up their ird to hire some real help and get this project to the moon instead of the ocean floor? It obviously doesnt have to be ird, but it would be nice to see this coin in transactions other than pool payouts.

I'm completely open to having people set up social media pages for Iridium in my place, I will even give some of my own IRD or BTC to keep them updated. For instance, someone set up a discord server which is now the "official" server.
I have fix to both problem.

Increase main pool fee to 1%, 0.5% pool fee and 0.5% dev fee.  Give that IRD to dev.  Dev can give to bounty manager.

Maybe some people will change pool, but that is also good - we need to spread hash.  Maybe even make 1% dev fee 0.5% pool fee (1.5% total).  Some hash will move, some hash will make fund for dev/bounty.

Fix two problems.

Can pool operator do this?  Set 0.5% fee for dev?  See example here: Forknote has Dev donation option (https://masari.superpools.net/).

Yeah, I think pool operators can make it. Main pool fee is better, than people move to another pool. Buy every pool should have Dev fee. If community want to move the IRD high, they should accept it.

I agree with this suggestion , we have the pools increase the fees to give 50% to the dev to fund the project. And by using IRD instead of some other crypto, we get more people using and accepting IRD. If more people are holding IRD and using IRD in transactions even if its small amounts because of the low supply, that should generate more interest in making this project a success because more people have skin in the game. Only question is how can we make pool operators increase their fees such that half is going to the developer to fund the project, I mean we cant force them to do it? They have stake in the project's success as well.