Ghostridercoin (GRR) Network Update/Upgrade *** MANDATORY WALLET UPDATE
This is a MANDATORY update/upgrade. If you cared about nothing else in this thread, please just update your wallet by block 50000 or your wallet will likely cease to sync!
Hi Everyone!
As many of you may already know, the community took over Ghostridercoin the day it was launched. The original thread can be viewed here:https://bitcointalk.org/index.php?topic=5501406.0
Within a few short blocks, we took on the development needed to keep this project alive, including fixing some bugs in the original code and removing the founders dev fee after only several hundred blocks and approximately 150GRR to the person who dropped it here. After a lot of discussion on the discord and careful thought, I decided to take on bringing this project the rest of the way to the next release. We worked as a community to make key decisions, all of which are documented on the discord. This project has been public since block one and this is a main reason we chose to keep it going. So with all this said, I would like to introduce/reintroduce you to Ghostridercoin.
What is Ghostridercoin?
A community run cryptocurrency launched here on Bitcointalk. It runs on ghostrider and has been quite stable for the few weeks its been in existence.
What makes it different that 1000 sh1tcoin ghostrider projects?
The fair public launch is a good start. On the originating block it was here and public. It was patched that day to make it stable and remove the fees. With that, here are the key bits that separate this from the bottom of the trash heap.
Doesn't sound terrible so far, what's are the coin stats?
What's the catch?
Great. What do you have?
What's coming?
We don't really know. That is up to the community. I have already started building on ghostrider, but hopefully others will too.
FINALLY...
To make a lot of the things in this thread real, there was a lot to update in the code. We have a new version, new protocol version, new supply (see above), reenabled smartnodes (see above), and more. This requires us to split from version 1.4 and move to 2.0.5.1. The official fork occurs at block 50000 when all the features are enabled and the reward goes back to 21.
This is a MANDATORY update/upgrade. If you cared about nothing else in this email, please just update your wallet!
Thanks for reading. See you on the discord.
** cynce **
Hi Everyone!
As many of you may already know, the community took over Ghostridercoin the day it was launched. The original thread can be viewed here:https://bitcointalk.org/index.php?topic=5501406.0
Within a few short blocks, we took on the development needed to keep this project alive, including fixing some bugs in the original code and removing the founders dev fee after only several hundred blocks and approximately 150GRR to the person who dropped it here. After a lot of discussion on the discord and careful thought, I decided to take on bringing this project the rest of the way to the next release. We worked as a community to make key decisions, all of which are documented on the discord. This project has been public since block one and this is a main reason we chose to keep it going. So with all this said, I would like to introduce/reintroduce you to Ghostridercoin.
What is Ghostridercoin?
A community run cryptocurrency launched here on Bitcointalk. It runs on ghostrider and has been quite stable for the few weeks its been in existence.
What makes it different that 1000 sh1tcoin ghostrider projects?
The fair public launch is a good start. On the originating block it was here and public. It was patched that day to make it stable and remove the fees. With that, here are the key bits that separate this from the bottom of the trash heap.
- Fair launch
- No premine
- No insider mine
- Always public
- Relatively low total supply and rewards
- No dev fee, forever
Doesn't sound terrible so far, what's are the coin stats?
- 90 second block time
- 25mil total supply
- 20000 smart node collateral, can only ever be 1250 smartnodes if ALL coins where locked in. (that never changes)
- 21GRR block rewards
- 80% miner / 20% smartnode
- Rewards reduce 5% every 50000 blocks
- Smartnodes activate at block 50000
What's the catch?
- Community run, this isn't funded
- No incentive to pump and dump
- No guarantee of an exchange
- There is no guarantee of anything, except no premine and no mountain of coins waiting to hit an exchange
- We are about to fork to make a bunch of the things in this email real. (read more below)
Great. What do you have?
- Discord - https://discord.gg/qFpnquQgfK
- Website - http://ghostridercoin.org/ (when the ssl hits add an s back there)
- Explorer - http://explorer.ghostridercoin.org/
- Github - https://github.com/CynceNYC/ghostridercoin
- Linux and Windows wallet - https://github.com/CynceNYC/ghostridercoin/releases
- Multiple pools - See the discord for all of them but feel free to come to mine - https://pool.deadcoin.club/index
- OTC/P2P with integration to Caldera in place (its in our discord)
What's coming?
We don't really know. That is up to the community. I have already started building on ghostrider, but hopefully others will too.
FINALLY...
To make a lot of the things in this thread real, there was a lot to update in the code. We have a new version, new protocol version, new supply (see above), reenabled smartnodes (see above), and more. This requires us to split from version 1.4 and move to 2.0.5.1. The official fork occurs at block 50000 when all the features are enabled and the reward goes back to 21.
This is a MANDATORY update/upgrade. If you cared about nothing else in this email, please just update your wallet!
Thanks for reading. See you on the discord.
** cynce **