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Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
The big holder must hire a new dev to fork a new branch, try reborning this coin. otherwise it's nothing.
Let's try find out who moonmoon is.
It's hard time , it seems the dev doesn't care about the coin , all the holder don't know where to go , We are attracted by the beautiful plans , invest a lots of money ....we don't know what the progress , until now no any plan come true .
the coin need a revolution to reborn .
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
Hi, moonmoon , I got some feedback from some PRT holders .
250M total coins. The coins will be split. 175M of Particle X coins will be mined and reserved for a coin swap for PRT at a 4:1 ratio .
The remainder 75M will be PoW mined on the pool.There will be a 2 week period of PoW mining before it becomes pure PoS. ---- For that , somebody think ,
1. 75M coins will be go to the miners in two weeks , It's not fair for the current PRT holders they spended money to buy .
2. the miners will dump their huge PRTX very quickly , that's will cause the price down a lot .
Someone suggest : The PRTX go POS directly , no POW mined . ALL the new PRTX go to the PRT holders , This is simple way .
If the miners is necessary , please adjust the distribution ratio. protect the PRT holders profits . 75M will be to the miners in two weeks is too huge
250M total coins. The coins will be split. 175M of Particle X coins will be mined and reserved for a coin swap for PRT at a 4:1 ratio .
The remainder 75M will be PoW mined on the pool.There will be a 2 week period of PoW mining before it becomes pure PoS. ---- For that , somebody think ,
1. 75M coins will be go to the miners in two weeks , It's not fair for the current PRT holders they spended money to buy .
2. the miners will dump their huge PRTX very quickly , that's will cause the price down a lot .
Someone suggest : The PRTX go POS directly , no POW mined . ALL the new PRTX go to the PRT holders , This is simple way .
If the miners is necessary , please adjust the distribution ratio. protect the PRT holders profits . 75M will be to the miners in two weeks is too huge
I agree with u. So many coins are created in two weeks really hurts the long-term investers.
It's not my suggestion , It's from other holders ,
I personally agree of changing the PRT to PRTX , because it can do some projects on X11 , Pos . we need action fast !
there are some dump on bter , the price got down , moonmoon , at this time , you should come here and lead what we will go .
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
Hi, moonmoon , I got some feedback from some PRT holders .
250M total coins. The coins will be split. 175M of Particle X coins will be mined and reserved for a coin swap for PRT at a 4:1 ratio .
The remainder 75M will be PoW mined on the pool.There will be a 2 week period of PoW mining before it becomes pure PoS. ---- For that , somebody think ,
1. 75M coins will be go to the miners in two weeks , It's not fair for the current PRT holders they spended money to buy .
2. the miners will dump their huge PRTX very quickly , that's will cause the price down a lot .
Someone suggest : The PRTX go POS directly , no POW mined . ALL the new PRTX go to the PRT holders , This is simple way .
If the miners is necessary , please adjust the distribution ratio. protect the PRT holders profits . 75M will be to the miners in two weeks is too huge
250M total coins. The coins will be split. 175M of Particle X coins will be mined and reserved for a coin swap for PRT at a 4:1 ratio .
The remainder 75M will be PoW mined on the pool.There will be a 2 week period of PoW mining before it becomes pure PoS. ---- For that , somebody think ,
1. 75M coins will be go to the miners in two weeks , It's not fair for the current PRT holders they spended money to buy .
2. the miners will dump their huge PRTX very quickly , that's will cause the price down a lot .
Someone suggest : The PRTX go POS directly , no POW mined . ALL the new PRTX go to the PRT holders , This is simple way .
If the miners is necessary , please adjust the distribution ratio. protect the PRT holders profits . 75M will be to the miners in two weeks is too huge
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
Alright guys, I have to apologize for going "dark" again for the last week or two. I had a problem with the provider for the pool server, I secured the server and in the process their monitoring tools can't connect - so what did it do? It rebooted the server repeatedly. So I have been working on repairing it and will get it up and going again shortly. I have done some payouts over the past week but there are still a lot in the backlog, those will go out tonight. Thank you for your exceptional patience! (and remember, I do these entirely manually by cutting and pasting from a bunch of Excel spreadsheets!)
In bigger news...
We are going to reinvent Particle as a Proof-of-Stake coin called Particle X. This time I want to have the background and supporting materials ready to go before we pull the trigger, but here are some details:
Particle X will be a Proof of Stake coin with X11. There will be a 2 week period of PoW mining before it becomes pure PoS.
I am leaning towards 250M total coins. The coins will be split. 175M of Particle X coins will be mined and reserved for a coin swap for PRT (just like Saturncoin did, with an Exodus address that we can track and a script to automatically do the swap), at a 4:1 ratio. The remainder will be PoW mined on the pool. We could also consider doing half and half, with 350M total coins.
I think having another PoW phase is important to generate some publicity and community interest again and get the miner's more active.
Particle X will have a 5 minute PoS modifier interval and the same fast transaction processing that we enjoy with PRT today.
I am leaning towards 3%/year proof of stake but I am open to suggestions from you.
I'm working on a lot of stuff and it is a little overwhelming for one person, I will give it a few days before I finalize the code for PRTX and am happy to consider suggestions for the parameters. What we want is a coin that is fast, attractive, with a good long term economic model, that builds value for the investors and doesn't erode it, and that I can use as a platform to build all of these great things on top of it like Particle Shares (yes, that site is complete and will go live with PRTX).
What does PRTX mean for the android wallet? Proof of stake coins are hard to make android wallets for, I don't know of anyone who has completed one yet. For mobile payments and integration with the payment service/Proof-of-Sale system I think we will have to go the online wallet route. This is something we can leverage the exchange infrastructure, payment site, and PRT .Net code altogether to accelerate building it. There are a couple of sites out there that provide this service as well that we can look into getting added to.
For the PRTX Qt wallet I have taken Snotty's design from the .Net wallet and tried to implement that look and feel as best as I could. It will be very nice.
There is something else out of left field I think we should look into - a high end casino for PRTX. Not a rinky dink script, but a really nice one with international translations. If anyone knows of any resources for this please pass the info along.
So let me get the pool server sorted out and the payouts out. Mine as many PRT as you can, you're going to want to be holding onto them to swap out. And then I will get all of the materials together and published for PRTX.
I am open to any suggestions on the PRTX parameters. China is our biggest market and userbase, so any feedback on what configuration would be most attractive would be very helpful.
moonmoon , i think PRTX is really a good idea , exellent work ! In bigger news...
We are going to reinvent Particle as a Proof-of-Stake coin called Particle X. This time I want to have the background and supporting materials ready to go before we pull the trigger, but here are some details:
Particle X will be a Proof of Stake coin with X11. There will be a 2 week period of PoW mining before it becomes pure PoS.
I am leaning towards 250M total coins. The coins will be split. 175M of Particle X coins will be mined and reserved for a coin swap for PRT (just like Saturncoin did, with an Exodus address that we can track and a script to automatically do the swap), at a 4:1 ratio. The remainder will be PoW mined on the pool. We could also consider doing half and half, with 350M total coins.
I think having another PoW phase is important to generate some publicity and community interest again and get the miner's more active.
Particle X will have a 5 minute PoS modifier interval and the same fast transaction processing that we enjoy with PRT today.
I am leaning towards 3%/year proof of stake but I am open to suggestions from you.
I'm working on a lot of stuff and it is a little overwhelming for one person, I will give it a few days before I finalize the code for PRTX and am happy to consider suggestions for the parameters. What we want is a coin that is fast, attractive, with a good long term economic model, that builds value for the investors and doesn't erode it, and that I can use as a platform to build all of these great things on top of it like Particle Shares (yes, that site is complete and will go live with PRTX).
What does PRTX mean for the android wallet? Proof of stake coins are hard to make android wallets for, I don't know of anyone who has completed one yet. For mobile payments and integration with the payment service/Proof-of-Sale system I think we will have to go the online wallet route. This is something we can leverage the exchange infrastructure, payment site, and PRT .Net code altogether to accelerate building it. There are a couple of sites out there that provide this service as well that we can look into getting added to.
For the PRTX Qt wallet I have taken Snotty's design from the .Net wallet and tried to implement that look and feel as best as I could. It will be very nice.
There is something else out of left field I think we should look into - a high end casino for PRTX. Not a rinky dink script, but a really nice one with international translations. If anyone knows of any resources for this please pass the info along.
So let me get the pool server sorted out and the payouts out. Mine as many PRT as you can, you're going to want to be holding onto them to swap out. And then I will get all of the materials together and published for PRTX.
I am open to any suggestions on the PRTX parameters. China is our biggest market and userbase, so any feedback on what configuration would be most attractive would be very helpful.
i think 250M is fine and the ratio is OK ,but as you know there must be some coins disappeared and some holders dont do the swap , then what happen to the rest of PRTXs after the swap ? i suggest we make a deadline to the swap , and do the swap in ratio which depends on the amount of the swap PRT .
also , what will happen to those swapped PRT ? destroyed or still keep alive ?
finally IMO the 3% POS is too low , how about make it 5%? just my opion
cascorp from China
Hi, cascorp , I don't agree with you "make a deadline to the swap" .
"make a deadline to swap" will hurt it's previous investors , some investors just bought PRT and save them in wallet , they believe the long time development , They doesn't open their PC to check news frequently. If they miss swaping for PRTX within deadline , all their PRT will be worthless . That's not fair for them .
" make a deadline to swap" is very dangerous and complicated .
People hold PRT have the right to swap PRTX at any time , that's their right . and that doesn't affect the PRTX .
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
Great !
As I know ,
1.New Particle X with new features (X11 and Proof-of-Stake)
2.Particle Coin will be swaped for Particle X with a ratio
3.All future plans should be based on Particle X
For the swap ratio
"I am leaning towards 250M total coins. The coins will be split. 175M of Particle X coins will be mined and reserved for a coin swap for PRT (just like Saturncoin did, with an Exodus address that we can track and a script to automatically do the swap), at a 4:1 ratio. The remainder will be PoW mined on the pool. We could also consider doing half and half, with 350M total coins."
250M total coins. The coins will be split. 175M of Particle X coins will be mined and reserved for a coin swap for PRT (just like Saturncoin did, with an Exodus address that we can track and a script to automatically do the swap), at a 4:1 ratio. The remainder will be PoW mined on the pool. That's OK , It's fair .
But "half and half, with 350M total coins" is not fair .
It's a big change , so please do it safe and secured .
As I know ,
1.New Particle X with new features (X11 and Proof-of-Stake)
2.Particle Coin will be swaped for Particle X with a ratio
3.All future plans should be based on Particle X
For the swap ratio
"I am leaning towards 250M total coins. The coins will be split. 175M of Particle X coins will be mined and reserved for a coin swap for PRT (just like Saturncoin did, with an Exodus address that we can track and a script to automatically do the swap), at a 4:1 ratio. The remainder will be PoW mined on the pool. We could also consider doing half and half, with 350M total coins."
250M total coins. The coins will be split. 175M of Particle X coins will be mined and reserved for a coin swap for PRT (just like Saturncoin did, with an Exodus address that we can track and a script to automatically do the swap), at a 4:1 ratio. The remainder will be PoW mined on the pool. That's OK , It's fair .
But "half and half, with 350M total coins" is not fair .
It's a big change , so please do it safe and secured .
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
I have confidence in what moonmoon is doing , the long term growing plan.
Why I choose Particle Coin ? It has some unique plans there is no one try it , It's not just like other pump and dump rubbish coins .
check bter , the PRT trade volume in new coins is No.1 , PRT : 13.2btc BC:7.6btc COMM:2.2btc DRK:5.3btc ....
It seems , BC was very hot some days ago because its Multipool , But now , It's silence . only a very few trade volume . so Multipool is not a long term method for increasing the price .
I want to say , we're very lucky here to hold PRT , moonmoon is not just like other authors . moonmoon is doing some things these can make PRT unique .
Why I choose Particle Coin ? It has some unique plans there is no one try it , It's not just like other pump and dump rubbish coins .
check bter , the PRT trade volume in new coins is No.1 , PRT : 13.2btc BC:7.6btc COMM:2.2btc DRK:5.3btc ....
It seems , BC was very hot some days ago because its Multipool , But now , It's silence . only a very few trade volume . so Multipool is not a long term method for increasing the price .
I want to say , we're very lucky here to hold PRT , moonmoon is not just like other authors . moonmoon is doing some things these can make PRT unique .
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
when will we can get particle shares? what's particle shares? 
I think moonmoon is preparing the reports , we will see that later
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
Particle Multipool
Particle Exchange
PC Wallet and APPs
Android Wallet
Particle Shares
Application in Point of Sales
I believe that there is no coin could make such fantastic large and systematic plan! And I'm very looking forward to exploring the interactions of each parts
The price was a little bit down several hours ago because of BTC , but PRT still show its strong power after that, It's going up now!
moonmoon, and all PRT fans, GOGOGO!!!
Particle Exchange
PC Wallet and APPs
Android Wallet
Particle Shares
Application in Point of Sales
I believe that there is no coin could make such fantastic large and systematic plan! And I'm very looking forward to exploring the interactions of each parts
The price was a little bit down several hours ago because of BTC , but PRT still show its strong power after that, It's going up now!
moonmoon, and all PRT fans, GOGOGO!!!
Every thing is step by step ,
I like what moonmoon done and will do . As a genius , all things are in controled .
Are you ready for experiencing the magic time ?
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
Some updates....
Particle is most definitely and will not be "abandoned" so talk of a "coin revival" thing or whatever is kinda crazy ;-)
A few thoughts:
- Proof of Stake is not something simple to port into a coin like Particle. I think there is more danger here than potential benefit.
- Multipools - I am well aware of the latest trend to follow Blackcoin's success with their multipool. But, this is not a magic solution to price inflation. Blackcoin's price inflation is not so much a result of the multipool as it is a group of whales pumping it up slowly while the community rallies around it to provide buy support and build price floors. The problem here is that our community has not rallied in this way and it will be difficult for us to achieve this. We have put the forum up, and tried to rally people but it was only a few people who came together to try to complete things, and so as a result it takes longer to move things forward. It doesn't make sense to pump a hundred BTC into pushing the price up if there is no real basis behind it to support it. We could move the market in that way, but then it is just a pump-and-dump, because you pump it up and there is nothing to back it and sustain it.
What we really need is awareness and publicity beyond bitcointalk, Apps and developer evangelism, etc.
The other thing to remember is that there is no open source off the shelf multipool software, we would have to build it ourselves by taking something like pushpool+MPOS and modifying it.
It can be done but its a question of where the resources and effort have the greatest impact.
Presently I have been heads down building an exchange and a real business. There will be an updated beta wallet soon with the MPOS mining client app.
I tried to get us a slot to talk about Particle at the convention a few weeks ago but they never got back to me (something I keep running into in the crypto world that is incredibly frustrating).
I am going to get an official Twitter account setup later today and I'm going to donate some of my coins to a guy who is going to do some Twitter promotion and giveaways.
I sent a nice bunch of coins to ycm82 who is going to coordinate some promotion efforts on the China side.
I am still planning to build and _am building_ a lot around the Particle technology. Once the exchange is running in the next week or two I am going to build an Android wallet and a software based point-of-sale solution for Particle that can work hand in hand together, maybe with Quickbooks integration and/or Freshbooks behind the scenes. I'm not talking about hardware terminals and physical cards or anything like that just yet, but a software PoS similar to what you find in stores that use PC based PoS with a separate cash drawer and a barcode scanner. That's the cool thing about having the .NET wallet that wraps the RPC interface, it makes it easy to do integrations and extend it out. I also happen to have written that type of software before.
Awhile back we talked about some kind of Particle Accelerator kit to get people started with crypto currency, I still want to do that too. I think it would make sense in conjunction with a POS system.
There is more but I'm not ready to go public with it yet. There is going to be a coordinated effort towards the summer time.
Stay tuned. I told everyone when I launched this coin it was not a days or weeks thing but a months thing over the course of this year. We're still in the 1st half of the year ;-) I will have more updates this week. I am trying to keep everyone updated...yesterday was a holiday and then I worked all night and now its 5:49AM and I'm still up So, rest assured I am working very hard behind the scenes on the whole platform.
Particle is most definitely and will not be "abandoned" so talk of a "coin revival" thing or whatever is kinda crazy ;-)
A few thoughts:
- Proof of Stake is not something simple to port into a coin like Particle. I think there is more danger here than potential benefit.
- Multipools - I am well aware of the latest trend to follow Blackcoin's success with their multipool. But, this is not a magic solution to price inflation. Blackcoin's price inflation is not so much a result of the multipool as it is a group of whales pumping it up slowly while the community rallies around it to provide buy support and build price floors. The problem here is that our community has not rallied in this way and it will be difficult for us to achieve this. We have put the forum up, and tried to rally people but it was only a few people who came together to try to complete things, and so as a result it takes longer to move things forward. It doesn't make sense to pump a hundred BTC into pushing the price up if there is no real basis behind it to support it. We could move the market in that way, but then it is just a pump-and-dump, because you pump it up and there is nothing to back it and sustain it.
What we really need is awareness and publicity beyond bitcointalk, Apps and developer evangelism, etc.
The other thing to remember is that there is no open source off the shelf multipool software, we would have to build it ourselves by taking something like pushpool+MPOS and modifying it.
It can be done but its a question of where the resources and effort have the greatest impact.
Presently I have been heads down building an exchange and a real business. There will be an updated beta wallet soon with the MPOS mining client app.
I tried to get us a slot to talk about Particle at the convention a few weeks ago but they never got back to me (something I keep running into in the crypto world that is incredibly frustrating).
I am going to get an official Twitter account setup later today and I'm going to donate some of my coins to a guy who is going to do some Twitter promotion and giveaways.
I sent a nice bunch of coins to ycm82 who is going to coordinate some promotion efforts on the China side.
I am still planning to build and _am building_ a lot around the Particle technology. Once the exchange is running in the next week or two I am going to build an Android wallet and a software based point-of-sale solution for Particle that can work hand in hand together, maybe with Quickbooks integration and/or Freshbooks behind the scenes. I'm not talking about hardware terminals and physical cards or anything like that just yet, but a software PoS similar to what you find in stores that use PC based PoS with a separate cash drawer and a barcode scanner. That's the cool thing about having the .NET wallet that wraps the RPC interface, it makes it easy to do integrations and extend it out. I also happen to have written that type of software before.
Awhile back we talked about some kind of Particle Accelerator kit to get people started with crypto currency, I still want to do that too. I think it would make sense in conjunction with a POS system.
There is more but I'm not ready to go public with it yet. There is going to be a coordinated effort towards the summer time.
Stay tuned. I told everyone when I launched this coin it was not a days or weeks thing but a months thing over the course of this year. We're still in the 1st half of the year ;-) I will have more updates this week. I am trying to keep everyone updated...yesterday was a holiday and then I worked all night and now its 5:49AM and I'm still up
So, rest assured I am working very hard behind the scenes on the whole platform.Thanks for your hard work ! moonmoon , we're all the supporter here !
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
Where's moonmoon?
Right here :-)Working on a few things. Will catchup with Particle soon and get OP updated etc. I updated the mac wallet link on the website.
MOONMOON.... This coin offers great promise. The unique wallet client is what has attracted me and others to this coin. It breaks away from the bland look of BTC style wallets. I believe there are many others including myself that have kept this coin on watch for developments and changes. With that being said, we believe there are a few things that can be approved upon. There are a few issues we see with widespread adoption.
First, the amount of coins right now exceeds a billion, PLEASE consider reducing this to roughly 250million. 1 billion is too many in our opinion. It scares early investors away. The reward structure should be reduced.
Second, we need to get this coin onto more exchanges to be increase awareness into the coin. Do you need help with this? We can help.
Third, we need a multi-pool to help with coin price support. Are you working towards this? DO you need help?
Let me know your thoughts as this coin could really take off and reach adoption by the crypto community with a few adjustments.
The coin is still new, not many have mined it and with zero premining these changes will only be productive to the coin.
Thanks again, great work. Keep it up
Thanks for you post , We all support Particle Coin ,
for reducing the amount of the coin , I don't know how to do it , nearly 0.7 billion had already been mined . and I don't think the amount 1 billion is a problem .
for others your suggestion , I hope moonmoon can give a reply soon.
I hope everyone concern the coin : Particle Coin
Orginal thread:
https://bitcointalk.org/index.php?topic=392804.0
What is the key of the Particle Coin ? The creative and amazing wallet !
Particle Coin is not just a copy cat like other coins .It's special.
There is a good chance for you , because not so many people pay close attention to this coin , But we will change that soon.
Want to know more :
https://bitcointalk.org/index.php?topic=392804.0
Orginal thread:
https://bitcointalk.org/index.php?topic=392804.0
What is the key of the Particle Coin ? The creative and amazing wallet !
Particle Coin is not just a copy cat like other coins .It's special.
There is a good chance for you , because not so many people pay close attention to this coin , But we will change that soon.
Want to know more :
https://bitcointalk.org/index.php?topic=392804.0
Re: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread
We just created a new team , in that team , everyone has a high volume particle coin . We will act as a team .
It's time to save ourself .we can't just stay away and do nothing .
We have planed to give particle coin more exposure .As the coin has it's own key ( the creative amazing wallet )
The coin is belong to us , not just moonmoon , so we do not need always call : where is moonmoon ?
moonmoon do his best , we do ours .
So give it a push.we belive we have a bright future !
It's time to save ourself .we can't just stay away and do nothing .
We have planed to give particle coin more exposure .As the coin has it's own key ( the creative amazing wallet )
The coin is belong to us , not just moonmoon , so we do not need always call : where is moonmoon ?
moonmoon do his best , we do ours .
So give it a push.we belive we have a bright future !