HyperStake will be created via hard fork of an existing coin, TruckCoin. The fork will occur Sun, 06 Jul 2014 20:30:25 GMT.
HyperStake
Faster-than-light crypto
High PoS coins like HBN (100%), CAP(200%), TEK(500%) is not enough? Enter HyperStake, the coin light-years ahead.
What is HYP?
HyperStake is meant to be an experimentation in cryptocurrency economics. Do you like the thrill of living on the bleeding edge, and get the features before the others? Then HyperStake is for you.
We won't experiment for the stake of experimenting. We want the coin to be viable too.
We will listen to you, we will use bounties for offloading work for on you.
HyperStake is using a fork launch, as mentioned above. This means we had to actually buy into the coin instead of creating an IPO or pre-mining. A quick warning that TRK did have a premine of 120k which is mostly spent and is completely unrelated and uncontrolled by the HYP team.
Hyperstake is based on Truckcoin.
Who are the devs?
Captain presstab and Commander davidlatapie are experienced holders and freelance devs of several coins (HBN, TEK, NOBL, TRK, MINT, XMR...). They are currently the only devs but are open to accept pull requests and submission from other community members.
HyperStake Technical Details:
Proof of Stake
90 Second Block Time
Minimum Age ~ 8 days
Maximum Age - 30 days
Annual Interest Rate - 750%
Maximum Stake Subsidy - 1,000 HYP
Recommended Block Size - 1,600 HYP
Why did you fork an existing coin?
After buying into TruckCoin and seeing the diminishing exchange rate because of lack of dev support, we decided to take things into our own hands. We are giving the TRK community a chance to make their coins worth something again. We get to take the coin into our own hands through a voluntary hard fork and we plan on adding many features through time. Join the experiment with us.
If you have TRK right now that you would like to be able to use as HYP, then it will need to be withdrawn from any of the exchanges and held in a wallet. You will then be able to locate the wallet.dat file in the appdata directory in the truckcoin folder. Make a copy of the wallet.dat and copy it over to the hyperstake folder. Note that this does not destroy or transfer your truckcoin or anything like that. If you have TRK before the fork you will essentially double your coins for free.
Wallet
We will release a wallet after the hard fork occurs. We will stake the first forked block and we will checkpoint it into the client, upload the repo, and link everyone to a freshly built wallet.
To Do
- Get an exchange
- Updated logo (right now using very basic design)
- Block explorer
- Website
sounds pretty good only 750% is Very high i think 200% was pushing it allready.
the truckcoin dev is onboard with your plan?
can we get the current exchanges to change to the new wallet ?
else we will just leave a dead coin slot on their exchange maybe they will want to work with us.(they did something similar for Piggy coin i think)
other then these few questions i have id like to say thank you taking on this job and what would u want us to do to help promote this coin.
can u make a twitter ann please so we can retweet it for starters.
i hope the same guy could make a block explorer for this that did the one for truckcoin.(ill donate 1k for the new block explorer)(Bawaler made it last time if i remember correctly)
maybe a logo desin contest ill donate 1k HYP to the winner and im sure others will chip in as well.
ill donate another 2k to the guy that makes the website.
and ill donate 1 btc worth of HYP to the devs when we hit 5k sat like was discussed in the previous thread.
Great to see some Action beeing taken HYP to the Mooon !