Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SWP] Swipp Coin | Modern cryptocurrency | Pow/Pos rewards | Masternodes
by
teamswipp
on 22/11/2017, 20:09:33 UTC
Hello everybody.

I'm going to try to answer everybody in one go.

Network hashrate is currently fluctuating somewhere between 200GH-1TH/s. Lower network hashrate means you get a bigger chunk of the pie if you mine. It will never go to zero, as we in the team have a few miners going as well.

Concerning the wallet. We have decided to bake all the fixes into one release, instead of doing a maintenance one in-between. Twiddler is hoping to get a new wallet released with improved PoS masternode rewards and fixed PoW payouts during this weekend. Again, this also fixes a few other things in the code base and graphical interface. One of the things that we have also done is that we have improved the test suite and implemented a docker image for setting up a local testnet (very important for easy testing of the wallet). The code we inherited had a completely broken test suite that had been disabled. This is also true for 95%+ of all cryptocurrencies out there - they just don't bother fixing it. Then again. why would you if you don't plan on developing the code base? The next release will set a new break block and kick in at a yet undecided block (we will announce it). Twiddler is testing it more thoroughly in a local testnet this time around.

We will not change the reward structure - we feel that the miner/staker doing the actual work should get a majority of the return.

Once we have the wallet released, the introductory post of this ANN will be updated in order to draw in more people (logo and better info). I will then also personally contact Yobit and Bittrex and see if we can get listed at one of these (or both) exchanges.

If you have any issues or tips for improvements on the wallet aside from the above, be sure to post an issue on https://github.com/teamswipp/swippcore/issues. We would love some more activity on the repo. The more active the project and community, the more chance we have to get in on an exchange such as Bittrex.

A somewhat drawn out post, but there you go. Let us know what you think.

Yours, team swipp