Hi Guys, I've been away for a few days now. But in the process, I am putting together a team of developers, all of them new to crypto, but very good at their work. The learning curve is steep so the earliest they could get to work on this coin is January 2015. Meanwhile, to be fair to the large wallets: Its not fair to penalize them, they believed in the coin while the rest of us were elsewhere, let us work with them. They could finance the development of features and services around the coin. We could also have Off exchange buying and selling of the same coins.
this is very awesome news!!!
I also agree we shouldn't penalize the large holders who were the early backers of this coin you have a good point. especially since it appears the large wallets belong to exchanges so there is nothing negative about that. I had also very busy weeks recently and couldn't contribute much here but I'm very glad to see TIPS alive and kicking! Anyway I was thinking today about the POS vs POW, if we could switch the algo without creating a new coin no body would lose their coins and the benefits are:
- community of TIPS would gain value (new TIPS) while supporting the network instead of miners who are mostly not interested in it and keep dumping the coin on us
- the value would be supported by the community because we are largely holders, price won't be pressed down through the miners
- for those of us who have mining equipment we could create a pool to mine other coins and automatically convert to TIPS or BTC
is that not worth doing?
I would also like to make donations to new ideas if somebody wants to do something for TIPS, and we also have the community fund now from which we can start supporting projects, so any suggestions?
) Fairglu, and the response was that he takes 125USD per year to host a chain explorer on the website. What do you guys think about that? Am willing to contribute some towards this.
Meanwhile, since the means and manner of securing the blockchain is a work in progress, how about we pick the best of each solution in the market? We retain the POW, while employing POS in further securing transactions via masternodes (Darkcoin). The quantity and quality of transactions (Proof of Importance) could also be used to further secure the network by encouraging liquidity and movement (NEM).