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Board Announcements (Altcoins)
Re: [ANN][HYP] HyperStake | 750% PoS | Advanced Coin Control Wallet | 11 Markets
by
kevink
on 05/11/2014, 20:02:38 UTC
I'm not sure why someone would want to mergemine a PoS coin.
it be innovative, and definitely neat. Also both coins would benefit as stakers would help secure both networks and be rewarded for it.
As long as we are the coin to merge mine with and not the coin merge mining with another one, why not.

ANycoins we should talk to?  I think we could start with TRK (as that's where we came from), then maybe TEK, HBN, and Caps. What do you guys think? Anyone that could reach out to these coins?

The problem with merge minting is that those other coins have little reason to be merge minted. They are nowhere near the point where demand for stake blocks would be better met by combining minting "hash" power. The reason multipool minting works for HYP is the very conservative 1k HYP stake block max reward. Since some people are already using 4k HYP blocks to stake quicker, and in some cases "giving up" stake since they have age/rewards beyond the block max, HYP *could* get to the point where you need 5k, 10k, or even 15k HYP, if the difficulty is raised high enough, to efficiently hit the 1k HYP reward.

It's all very clever Smiley

Crazyloaf..what do YOU know about POS coins..j/k man. Good to see you!! What do you think of Balls? Anyway I think this could work.. what about an exclusive merge mine pool with all high POS coins, and a MUCH higher fee that splits between the devs.. say 5%. The hashpower would be the highest EVER. Hell, add balls in the mix, and raise it to 7% pool fees.

BALLS are going to be broken, literally. I can tell right now that it's going to split to an insane amount of blocks if you just leave it running, and there is no coin control to undo that. If you look at the comments on the thread (it will inflate to 50M BALLS), I'd honestly be worried to play with them beyond a pure hobby. Not being aware of compound interest is scary imo Shocked It's a pure play to take some HYP thunder, but luckily, they don't know what they are doing over there Wink

Also, I say it's time to focus efforts on a single high PoS coin, that being HYP. This is the first chance we have for something beyond a hobby coin. I am doing this in my own portfolio. Like I said before, HYP or Bust.

careful there. The old saying about eggs in one basket is very true. This is still a very young coin. I'm trying to focus on about three major ones and a few others for the sake of doing it. Those three, in order of holdings atm, are HYP, TEK, and HBN. There are many I like, and I would actually like to become a developer, but my coding skills are not anywhere near that level yet.


I also hold HBN, TEK and HYP. I agree completely about eggs in one basket. I love the fact that some of the eggs in all three baskets keep hatching daily!!!