Tag Archives: eos

Just to make it clear.

Dear Slothcoin community,

Since block 300K Slothcoin v1.3.1b3 has been moving forward quite steady, like a Sloth does. Unfortunately the permanent nodes disappeared at some point. Also there did not seem to be peers that had TCP port 5107 open and it looked like the Slothcoin network was about to go down. That after some attacks with older Slothcoin versions that tried to enforce a blockchain split.The past few months have been a rough ride for the little Sloth that could. And together with some other Slothies (Like Star Trek fans are: Trekkies.) we managed to pull it several times out off high diff. Plus making sure version 1.3.1.b3 stayed the longest chain.

Because of the possible p2p network down for good, therefore ending Slothcoin, until it would get restarted again (a possible scenario), the idea came to create a blockchain swap for Slothcoin. All with the idea to safe Slothcoin, by moving it to Bitshares for example. With a swap of 1000:1. Bitshares has its own decentralized exchange where Slothcoin would be traded against all the other cryptos there. Also it would have its own mobile (bitshares) multi-wallet and point of sales. This looked like a possible solution for Slothcoin to be able to move on and even get more value plus better and broader use.

A recent reply by @digit about that swap idea put a different light on it. Now from my point of view blockchain technologies like Bitshares, Steem, and soon to be EOS, are far superior to any other. And if Slothcoin could not make it on its own, it could be moved to a better system. And it would get its own use in a multiwallet with a point of sales to support it. That was the idea, the suggestion.

Thanks to the reply I have become aware of how I actually have moved on. Away from Bitcoin like cryptos, energy burning POW mining and centralized exchanges. Since I became active at Steem, traded at Bitshares and started to see the huge potential that EOS is going to bring, that is what I see as the crypto future.

The reason that I put a lot of time, effort and energy in keeping Slothcoin going was because I had a click with it, like a few others I know also do. And I wanted it to go on, just like some other Slothie fans.

But now things were put in perspective for me, that was the final push I needed. The community I moved forward to into the crypto future is at Steem, Bitshares and is soon to be extended to EOS.

That is where I am going to put my time, effort and energy in. Also because the community at Steem is very supportive, in so many ways. (And I get payed quite well for posting, that is a nice bonus…)

Slothcoin future?
It was, is and will be in the hands of the Slothies, the Slothcoin community. Version 1.3.1b3 set the POW block mining rewards in a way that it could be mined until 2021. If I remember the math correctly. Rewards of 4321 SLOTH can be given until block 1229584 and the current block count is not even at 600K right now. So, still a lot of SLOTH to get. Roughly calculated that means there is still about 3 billion SLOTH to mine.

If Slothcoin moves on depends on peers having TCP port 5107 open or even better two or more permanent nodes available. But even if it comes to a temporary halt, it can always be restarted, brought back to life from a long sleep. (That accounts for any coin that apparantly has stopped over time.)

As long as possible I will keep the website home of Slothcoin, slick dot cf, going. The sourcecode is still at Github and can always be forked. Some Slothies and I, active at Steem, will do our best to keep an eye out for the little cute one. And will try to help it get out off high diff, if possible.

But I will stop with taking any kind of innitiative here or elsewhere anymore, concerning Slothcoin. Time for some new fresh innitiatives from others. For me Slothcoin was, is and will be a community effort.

Thanks for all the support and all the best to you and those dear to you.

With kind regards,

Oaldamster