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Showing 8 of 8 results by mocomaco
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Board Altcoin Discussion
Re: Hello everyone! Do you still have confidence in altcoin?
by
mocomaco
on 27/07/2020, 04:52:42 UTC
Quote from: Dpat on May 23, 2020, 03:20:50 PM
This time I haven't much faith upon the altcoins because of the very irregularities in the ICO and the bounty for promotion they are offering. Earlier, in the ICO I have also made some investment. But now their value is not even a dollar. The Bunny token, here I invested more than $500 but you cant imagine the value of this overall investment now is mere $1. So, the faith come to the altcoins. So, I only work for bounty for the free coin. If I get reward then happy if not get then I feel that I had nothing to lost.
Then you will be interested in Nyzo!
We have a decentralized fund to pay developers (And non-devs too!) for their contributions to Nyzo.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [NYZO] Nyzo (Nyzo.co) | Proof of diversity | Fairly distributed | Original
by
mocomaco
on 17/06/2020, 19:36:24 UTC
Quote from: lemonandfriesonetwo on June 17, 2020, 03:11:06 PM
How long is each cycle on average?

The cycle length is 2019 at the moment. This means there are 2019 verifiers validating transactions, they take turns producing blocks in a circular order. Each time a full cycle of verification ends, a new verifier joins the cycle. (This verifier is chosen randomly from the ones waiting in the queue), increasing the cycle length by one.

On average, each cycle of verification lasts 7 times the length of the cycle, in seconds. It is important to note that the amount of time it takes to complete a full cycle does not affect the finality time for a transaction.

You can learn more about Nyzo here:

http://tech.nyzo.co/
Post
Topic
Board Announcements (Altcoins)
Re: Nyzo - Proof of Diversity | Fairly Distributed | Original Code
by
mocomaco
on 17/06/2020, 09:24:06 UTC
Quote from: l8orre on June 17, 2020, 07:41:39 AM
Quote from: coloredcoin on February 25, 2019, 09:30:02 AM
Team
Team is anonymous, we don’t even know for sure if it’s one or multiple persons. Nyzo is not a privacy coin so we must look at this as a red flag.

Nyzo devs created genesis block which contained total Nyzo supply of 100,000,000 coins. 20% or 20,000,000 coins has been set aside and is used as incentive for verifiers to participate in the mesh while the network is new. These coins will be distributed over the period of 6 years. The idea is that after the initial period, the network will be large enough to support verifiers solely from transaction fees which are awarded for processing transactions. Transaction fee is fixed at 0.25%, regardless of transaction size.

The other 80% is problematic, it is controlled by Nyzo team and can be used as they please since it is not locked. Huge red flag since it is effectively 80% premine. We don’t see any justifiable reason for doing this.

https://myaltcoins.info/nyzo-review/

Thanks! This info is sort of what I was looking for!

This is outdated, the premine has been transferred to an address controlled by the cycle, which needs at least the approval of 50% of the verifiers to move any funds from it. This address is now intended to fund the development made by the community to the project and pay bounties for reporting vulnerabilities. You can find more info in the following links:
http://tech.nyzo.co/strategy/buildingNyzo1
http://tech.nyzo.co/strategy/buildingNyzo2
Post
Topic
Board Tokens (Altcoins)
Re: 🚀[ANN] [WIKI] [ICO] WIKIBITS The First Blockchain-based Solution-driven Wiki 🚀
by
mocomaco
on 06/02/2018, 02:33:37 UTC
I was waiting for a project like this, and this ones seems solid. Will keep an eye on it and definitely contributing to the network once it gets released. Good luck.
Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] AZERIUM - DAG based anonymous Coin and Exchange
by
mocomaco
on 28/01/2018, 14:41:48 UTC
Quote from: DreamCurrency on January 26, 2018, 12:30:18 PM
Thank you for the updates. I'm a web designer, developer, and marketer than can help this project in any way you need. Would love to pm you concerning this, but it states I am unable to message you at the moment.

In the meantime, I've created azerium.org as a quick resource the community can build upon.

We should really try to distribute this currency more equally for humanity. This is the whole purpose. To distribute a quick, feeless, private & secure currency to as diverse a world of humanity as possible. We can save human lives through this. Let's try our best to seize this opportunity for humanity and the world.

Also, I have an earn.com account and we may be able to distribute azers more equally through their new airdrop program. They have over 100,000+ users and it's free for anyone to sign up. We can launch a campaign to distribute a majority of azers only to those who "invite other users, perform labor for the project, or give back in other ways." You may view more details here: https://news.earn.com/launch-your-token-with-an-earn-com-airdrop-97715970f8c7

Would love to hear the community's thoughts on this.


Great Idea. Its all about the community, that should be the main goal of any cryptocurrency. The fairest the better.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PRE-ICO] WISP COIN - 🔥BOUNTIES🔥 Instant, Feeless, Private Currency
by
mocomaco
on 28/01/2018, 14:14:21 UTC
reserved for spanish translation
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [BOLT] [NO PREMINE] [NO AIRDROP] - Hybrid Mining, Instant and Private
by
mocomaco
on 25/01/2018, 19:41:09 UTC
Compare their Repo with Bitcoin's, judge yourselves. I'm out.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] COINNODE [CND] Pos - Masternodes
by
mocomaco
on 20/01/2018, 07:58:29 UTC
Chill dude, you dont have to be that rude, they are all asking valid questions. Remember that every proyect here is for the comunity. Anyways, Good Luck!