Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CHC] ChainCoin - Cryptopia & Novaexchange - Required update 0.9.3.2
by
cryptoninjapanda
on 29/12/2017, 07:41:15 UTC
LOGO Voting begins at 9pm GMT TODAY and ENDS January 7th 2018 at 9pm GMT. I will do some live masternode setup support.
https://www.youtube.com/watch?v=VCrad78_j5o&feature=youtu.be


Ok, I watched this vid of Dev meeting.
Heads up that they are planning major changes to payouts.
1) Hard fork that may fix masternode payouts may be as far out as feb/march.
2) They have a plan (for now) of reducing masternode payout to 15% of rewards (miners 75%, Dev fund 10%)

Lots of talk about Masternodes and Miners (mostly miners) -but- No talk of the HODLers at all.
Most of the Chaincoin Masternodes ARE your Hodlers - and I thought that I would always HOLD this coin.
Looks very bleak for running masternodes... When node-investors learn of this plan it can't be good for value.
As for me - closed nodes and sold out all CHC today - Good Luck You.

BTW - Devs, you are talking about renting C11 miners to help ride out the fork, as you are forking to X11 you need to think about renting X11 hash-power (not C11 you are forking away from). Since X11 is much more common you COULD just buy hash at nicehash.



i was thinking exactly the same. the mn are the hodlers and the miners are the biches fucking with everybody, they sell whenever they want. so i hope that that is really clear to the devs. i think miners and mn hodlers shout have the same % for a good growing project. i mean if its a growing project with development the miners will always be, i dont know however im still hodling and think whatever the decision is, i see future for this coin

It was basically a power struggle between devs about who controls the network. Guys with most GPUs (miners) or guys who control majority of the coins in masternodes (hodlers/investors).  Bitcoin way of resolving problems or Dash way of resolving problems.  Currently masternode community (hodlers) is winning and we will have 45/45/10 reward, new logo and everything else that mn owners decide by vote. However, guy proposing CHC to go bitcoin has stepped down and said that he and his blockchain company will no longer contribute to the development unless community accepts his demands (15/10/75). So there will probably be some delays in roadmap schedule unless community gets additional devs to help lead dev to speed up the process.