Quote from: Nyan-Coin on March 28, 2014, 05:39:19 AM

Quote from: tyson187 on March 28, 2014, 05:37:06 AM

Quote from: Nyan-Coin on March 28, 2014, 04:23:04 AM

Quote from: tyson187 on March 28, 2014, 12:26:12 AM

Quote from: Nyan-Coin on March 27, 2014, 10:51:46 AM

There has been a lot of work behind the scenes to make Nyancoin a success and the community has been very helpful so far. We wanted to give you guys an update on some of things that have been decided:

First: We want everyone to know that we are changing out policy and that we will be present a lot more often to interact regularly with the community. It is our intention to respond to posts daily and answer PMs just as fast.

Second: We have been putting a lot of thought into how to improve the coin and as a lot of users have mentioned that KGW is not optimal. Therefore, we are working on a new algorithm to further improve the coin. Any suggests are welcome!

Third: As far as fundamentals and promotion of the coin is concerned we have a lot of resources:

   - Nyancoin IP
   - Access to Nyancat Facebook page and Twitter (7 million combined followers)
   - One of the largest communities of any coin on Reddit
   - New games coming out every week
   - The support of the creators of the nyancat meme, who have a wide network and resources

After discussing it with Chris, it was decided that asking famous nyancat supporters who did not express interest in bitcoin or cryptocurrency in the past to give shoutouts was not a good strategy to take. However, if there are individuals who have expressly shown interest in both the nyancat meme and cryptocurrency (maybe influential youtubers or someone similar) that is a different story. Any suggestions are welcome.

Finally: If everything goes well, tomorrow or the day after should see some big news for Nyan. It's something that the community has been talking about for a long time and we are counting on the community to help promote the coin when the news comes out!

We want to end this update to re-emphasize that from now on we will be posting and answering questions a lot more frequently. Any community input is welcome and we certainly need the community's help to make Nyancoin even stronger going forward!

sounds to me like wishful thinking
1. you said two months ago that you are going to be more active and interact with people

2.there is nothing wrong with the current algorithm , the problem is the Price which wont change with a new algorithm , look at the other coins that tried that

3, just because you have access to 7 milions pople via facebook and twitter you think that some of them will buy a graphic card and start to mine nyancoin or invest real money in it by buying bitcoin , you forgot that these people have no use of nyancoin for the games they play

your secrecy is more contraproductive then beneficiary ,getting peoples hopes up is unnecessary , just tell us what you are working on ,no BS and these stupid announcements of big news coming up

We aren't being secretive. If you have suggestions on what we can do to raise the price, please let us know. Right now, a new algorithm seems the most obvious thing that we can do to improve the coin. If you think the time is better spent doing something else to raise value, please say so and we will seriously consider it.

if you are considering to change the algorithm then do it like Spaincoin ,a hardfork that changed the coin from Scrypt to Scrypt-N which protects the coin of ASIC miners and makes it harder to mine for GPUs too, Vetcoin is Scrypt-n and they are doing well, also you could implement reduction of block reward , like Digibyte did 0.5% per week which is not radical like block halving but a good slow pace, maybe you could reduce it like 1 nyan per week 337-336-335 and so on

What about X-11? A lot of people on the subreddit have suggested that one.

X-11 Darkcoin vs. Scrypt-n Vertcoin , its hard to choose , x-11 is more energy efficient then scrypt-n , but scrypt-n requiers more memory and power for the gpu which makes it impossible for asic miners due to lack of memory at least with the current generation , I would go for the Scrypt-n but if you think x-11 is better I wouldnt mind at all or we all could vote on it .