Quote from: TeamEquinox on October 22, 2014, 05:53:07 PM

80.229.232.61:5555

Terraria is UP!

Cheesy

Get on there and start earning! Wink

Still need to configure a payout system, but it's up! Cheesy

Yay! Please update the Wiki when you get a chance.

Quote from: shivamchawla on October 22, 2014, 05:31:05 PM

David Seaman's latest update about Hyper:

https://plus.google.com/+DavidSeamanUS/posts/XqsFgT3mDQY

David really sees the long term vision we have for HYPER - I'm just going to go ahead and repost his whole latest HYPER update (more like a thoughtful cryptocurrency essay) from https://plus.google.com/+DavidSeamanUS/posts/XqsFgT3mDQY . He also lays bare some of the exciting HYPER plans we've been working on behind the scenes:

It seems every 6 months or so a prominent Bitcoiner feels the need to come out and trash proof-of-stake.

This is a bit like a Detroit motor executive saying electric cars are a scam. Meanwhile, they're not, and Tesla is looking more tempting every day.

There's a similar disconnect between the Bitcoiner and reality when it comes to proof-of-work v proof-of-stake. When you look at Bitcoin's design, two things emerge:

1) This is a really good way to transfer money; better than any fiat currency when implemented properly, hands down.

2) This coin's economic schedule worked, and it worked the best if you happen to be an early Bitcoin miner. More and more exit points for your treasure.

Bitcoin found monetary value through mimicry of the rarity of natural resources like gold. This is why you "mine" Bitcoin, this is why difficulty goes up, block reward halvings, etc.

But to assume this blockchain is in any way sacred, or that the means for validating transactions and maintaining security are somehow sacrosanct, is just absolutely not true. This is the beginning of cult-like attachment. Nowhere in the code and certainly not in Satoshi's own writings will you find warnings never to improve upon the Great One's sacred proof-of-work scheme.

And that's because even the creators of Bitcoin didn't take themselves that fucking seriously. But Bitcoiners do. All other blockchains are a "scam," only use the original blockchain with creaking 10 minute confirmation times and 1/13th of the entire money supply owned by a complete stranger.

What's important to note here is that consumers don't care at all about this cult worship. They'll just want a fast, affordable way to send or store value.

So, to them, a thirty second confirmation time is better. Even if it's only psychological comfort, that is not something to dismiss lightly. And to them, being a "full user" who can take part in the monetary growth by simply staking their wallet - that's cool, in the same way that being an early Bitcoiner felt cool. You're in on it.

The "ordinary user" on Bitcoin's network can't take advantage of that. Liquid cooling pools, ASIC chips, and Iceland data centers and solar arrays are somewhat beyond the reach of your everyday, busy consumer.

And it's these everyday people - not r/bitcoin subscribers - who will drive cryptocurrency into the multi-trillion dollar industry we all know it will be some day.

When I ask a HYPER user how they feel about being a part of the network itself, and earning as a result of that. The answer is normally some variation of "It's cool!"

It may be cool. What it really is, though, is economic incentivization built into the coin itself.

You don't have that with Bitcoin. You bought your couple coins from Coinbase, who got them from an exchange, who got them from a miner churning the things out like clockwork. So you hold it - as a rational actor - only if you believe another Tim Draper is going to come along at some point and make it rain million dollar bills, at which point your BTC will be worth more. Because if a beneficial whale doesn't come along every now and then to save the day, the Bitcoin experiment is sunk - at least from a value storage perspective. Those newly mined coins become available each and every day, creating a permanent damper on the price unless there's fresh interest.

Bitcoin was designed this way, and the rare commodity trick works. But to suggest that's the height of cryptocurrency design is like saying the smartphones available in early 2009 were at the height of smartphone design - absurd and untrue.

With HYPER, you have that same speculative element as with Bitcoin (value will rise if we're working on as much as we're working on), but you also have access to the coin supply. That changes the equation. Your unit earns more units. Stake in the game changes the way you interact with your currency, not through the "community" suggesting you care as Dogecoin tried, but through the algorithm actually incentivizing you to care.

We're in talks with Xsolla, the same folks who brought Doge a payment on-roads into Twitch, and a leading game credits payment company.

The vision is to offer a simple landing page where users can buy HYPER with a credit card or bank account. Trading BTC for HYPER on Bittrex is not user friendly. As was discussed in an internal email last night, we want HYPER to be like Apple in the sense that everything is going to be simpler than necessary.

Staking isn't just easy. It's hassle-free and practically moron proof.

And the devs have built a wiki (http://hypercrypto.com/wiki/index.php/Main_Page) anyone can browse that shows a constantly updated menu of where you can go for help with HYPER, and which games are currently running where you can earn HYPER. Any user with an Internet connection can now get into crypto by a) playing their favorite video games or b) running the wallet software on any modern desktop or laptop.

If the mathematical possibilities laid out by a) and b) don't give you a greedy spine tingle, you may not belong in alt currency.

The more games we onboard, the higher the utility for a unit of HYPER.

Other in-game currencies kind of get the enormity of this market if done right. We got that months ago, and I can say with confidence we're at a stage that no other game currency will be able to reach anytime soon. There's just too much happening, on all fronts. Economic incentive and some momentum is really all it takes to breathe life into one of these. And once it happens, it really happens - there's no reason to think Litecoin's success is even the ceiling here because in-game is so much bigger than that.

Very pleased with the upcoming marketing plans and CoinMKT.com still has HYPER on deck for addition during their next currency offering update. This will allow institutional sized buys of the currency using a US bank wire transfer, and will also allow users to buy/sell their HYPER via PayPal account.

When I first got involved with HYPER it was a 850 satoshi coin that was in danger of delisting. Now it's 17,081 satoshis and I know we are only just getting started.

And someone is paying attention. The original Bitcointalk thread has been viewed nearly 100,000 times. As I originally predicted and hoped, this one could become the Swiss Army knife of in-game currencies.

Proof-of-stake is cool. Bitcoin's marketing strength should be its business relationships and numerous fiat on-ramps, not its five year old proof-of-work.

And proof-of-stake is ideal for game currency, because gamers need to have an incentive beyond direct speculation for hoarding. Now they do.

HYPER Wiki - Disruptive Gaming Cryptocurrency
http://hypercrypto.com/wiki