Quote from: Goattrading on June 06, 2014, 05:56:41 PM

Quote from: iplabs on June 06, 2014, 05:52:59 PM

25% fee on mining pool? Angry

You lost me as a supporter. Have you ever heard of the Laffer curve? Look it up.

Wow .. well thats new.

FYI, I spoke with the devs and the 25% pool fee was a temporary measure they had in place for about a day; I've been mining since and the fee was reduced to a reasonable and standard 2% fee.

Difficulty is still extremely low, but I can't say how long that will last. There isn't much activity here posting about the coin, but fair warning, there are things happening behind the scenes which will be posted publicly in time.

I have mined a pretty substantial amount of Wampum and I have plans to do something with what I have to help advance the coin, including a giveaway on Twitter and on my own 25,000+ subscriber email newsletter.

The plans go way beyond a simple giveaway, but I can't say more at this time.

But check out this video I just posted to my site about why I personally really like Wampum as a cryptocurrency -- there are actually a bunch of comparisons between traditional Wampum belts and crypto/the blockchain that go beyond the basic similarity of crypto to shell money...

http://www.worthgodwin.com/basic-computer-training/2014/06/video-parallels-traditional-wampum-bitcoin/

Also, if you're a trader and not a miner, somebody (not me) dumped a TON of Wampum on Comkort for 1 & 2 satoshi - now would be the time to grab some before news starts getting out and the price goes up...

https://comkort.com/market/trade/wam_btc