Davin Hoyt

pollinator
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since Jan 04, 2012
Davin likes ...
monies tiny house wofati
I like architecture - small and large.
Central Texas (Georgetown)
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Recent posts by Davin Hoyt

pumen li wrote:Thanks to the drawings you provided, I made it! The temperature in the drying chamber is 80 degrees above and 50 degrees below. The air flow is not sure how to get the data. I would like to know what is the best temperature for this dryer? Inside the collector I used a 0.5 mm thick metal sheet, and reflective film, and the glass is made of transparent sunlight sheet (endurance sheet)

Thank you! I'm looking forward to the pictures! These things come to mind: 1) Make sure to seal the system by caulking corners. 2) Wind alignment could effect the air movement. 3) Read the temperature of the air exiting the system through the rear hollow wall.
2 days ago
Oh gosh what do I say. ?

Pulsechain might launch in about two weeks says Richard (RichardHeart.com). The first of two sacrifices took place last July. It has been a long time, but not as long a I waited for HEX :)

We are having all sorts of growing pains in the HEX community. Some longtime members are setting up businesses, trying to funnel the new people. Some of us don't know how to interpret this yet. Another growing pain is when new people are immature in the chats and voice chats. We're getting a flood of people.

Twitter has a voice chat feature nowadays. I have been voice chatting in some of these "twitter spaces" with other Hexicans as I go about my day. And when Elon Musk made the purchase agreement for Twitter, Richard Heart got his official blue check mark the following day, which helps a ton when you're trying to stop impersonators and save millions of dollars from being lost.


I went to the second annual Hexican Vegas Meet up this year March 6-9. The best thing about Vegas is the food.


I went to the second annual FloteFest.com in central Texas last weekend, and perched underneath a merchant tent in a field with other Hexicans. We talked to all sorts of people, at their comfort level, about their crypto. Two of Paul's recent interviewers were speakers. The event was free. Open bar tickets $30 a day. Mark your calendar for next year. Gause, Texas. I talked to Bitcoin Ben!


Hedron has launched. (coin made by a Hexican) Hedron.pro ; Free claims available for HEX stakers.


Maximus Dao has launched. (coin made by a Hexican) Maximus.cash


PulseDogeCoin has launched. (coin made by an anonymous Hexican) PulseDogeCoin.com ; Free claims available for HEX stakers.


One of the Hexicans created Hex Arbor Day! We are encouraging Hexicans to plant a tree, and ask local nurseries for advice.


If you are worried about knowing how to use the Pulsechain once it has launched, you can practice on the test net now.

I am predicting heavy trading volatility immediately after the launch. I will give myself a few months to move into the positions I want.

More content soon. Takecare!
1 week ago
@agapehex on twitter was contacted by a NASCAR team wanting sponsorship for the up coming Daytona 500 (February 20th). So he and @motleyinvestor raised $600k in 5 days to beat a deadline.  

Organizing people is powerful. I'm grateful for these guys and it's a pleasure to see them do this. I think a lot of HEXicans will enjoy themselves and bathe in the culture that is NASCAR. I personally, have never experienced it, and plan on being in BeltonTX that weekend; Uncle Mud is doing a workshop over there!
3 months ago

Davin Hoyt wrote:Instead of thinking everyone is going to jump ship, I think oh God what kind of a beast has been created!!!



Share worthy forum post somewhere on the internet:


3 months ago

Logan Byrd wrote:Bitcoin and Litecoin are the only two that have been consistently requested, but Dogecoin, Monero, and Bitcoin Cash are the others that I can remember using at one point or another. I think there was also one that had something to do with goats, but I have no idea what it was called.

Surprisingly I still haven't used Ethereum as a transitional currency, but I do not know if it is either only popular among those building derivative works relating to it, or if there is something about Ethereum that makes it less suitable for payments.



Very interesting. I can think of a few categories:

A. stability business person/volatility speculative person
B. secrecy
C. industry (less conversions when doing business)
D. sales (just take any money they got)
E. size of payment (fee takes a bit for low quantities)
F. size of fee (some blockchains charge more than others)
G. decentralized finance hub offering a trading pair (the hubs act as banks, like Coinbase)
H. culture, feelings of attachment, grew up with it. <-- the lucky few portfolios that super-performed
Null.  speed; not fast is fine. <-- what say y'all?

3 months ago
Here is my latest visual diagram.
3 months ago

Logan Byrd wrote:While I have zero interest in putting money or time towards crypto/blockchain/NFTs/etc, I do use crypto occasionally as a transitional currency for facilitating international payments (sender converts local currency to crypto of choice, send to recipient, they immediately sell it).


What are the most common currencies they request?

Logan Byrd wrote:After reading through this thread I am more skeptical than optimistic about HEX, but Davin - regardless of what the future holds, I wish the best for you. If it does well, then I hope you become rich - and if you start to have doubt, then I hope that you are able to recover all of your investments and view it as a fun learning experience rather than something to regret.


Thank you, because it would suck for me otherwise.

Logan Byrd wrote:I'll be keeping an eye on your journey and I look forward to seeing your posts!


Some videos to mark the time:



















A video from times past:



I think I posted this previously:



4 months ago
"We have monetized time on the blockchain." -Richard Heart

"We looked at traditional finance's time deposits when designing HEX; it's similar or the same things." -Richard Heart

My notes:
This is in a space where you constantly see the shelf price of your programs.
HEX token assists that space with a different product to secure another financial need/desire; a time deposit.
Instead of thinking everyone is going to jump ship, I think oh God what kind of a beast has been created!!!
Holding value, ready to dispatch it, is important.
The connectivity with other people and being in the same ecosystem of programs is important.

THANKS FOR READING AND KEEPING UP!
4 months ago
Great questions.

T Simpson wrote:So hex represents the share of a pool of ethereum


No.

T Simpson wrote:(what governs the token)


It's a contract on the Ethereum blockchain. You run functions to interact with it. You pay to have your actions done, based on what is allowed via the solid contract (called HEX sitting on the Ethereum blockchian).  

T Simpson wrote: where if you hold your hex for the time you say you will you are allowed to receive the inflation gain between your entry and exit of the pool


When you stake HEX token, you interact with the contract. The HEX tokens are burnt. The contract identifies that your wallet address was awarded Hex shares. These shares are your placeholder in the system. When you pull out, you interact with the contract again. You run the function "end stake" (as opposed to "stake" when you entered). When you run the "end stake" function, the Ethereum blockchain looks at your shares, and the time period you were staked, and "mints" you new tokens accordingly. Tokens will be in your wallet thereafter. Process complete.

T Simpson wrote: when you do sell, but if you pull out early you just get the current speculative value of the share of hex token?


When you start a stake, you must select how many days you intend to stay staked (and keep in mind: everything is transparent). The contract allow you to select any number of days between one and 5555 days (15.2 years). If you "end stake" before the time period is 100% completed, you will be punished. You will not be able to "mint" the amount of HEX tokens that you could have had you waited out the rest of the time period.

Here are two fun websites that were made by the community: hex.vision , hexdailystats.com


T Simpson wrote: Is the inflation value arbitrary or tied to ethereum's speculative value?


The HEX contract (Ethereum address 0x2b591e99afe9f32eaa6214f7b7629768c40eeb39) sits on the Ethereum blockchain. It is coded to trickle 3.69% yearly inflation into the system, via shares. Meaning, the people who stake, are the people who receive the inflation.

The HEX token price stands separate from the Ethereum coin price.


T Simpson wrote: If not then is a user converting their money to hex therefore converting the value of their currency to hex's speculative value based purely on its user base?


HEX token is a stand alone price. People who are entering crypto for the first time, would need to get some crypto, then, trade it for HEX token (buy HEX token).

T Simpson wrote:How is that not just a contract to be in a pyramid scheme where everyone is just agreeing to jump ship when they said they were i.e. in 15 years. Just recycling money based on speculative market fluctuations.


We are making a currency, the size to incorporate the needs of a nation. This is the power of programable money. A pyramid scheme would place each participant at the time they got in, and everyone below them helps increase their outcome. Instead, HEX has intense game play of money. There is no referral program. The token price does not necessarily go up in price.


T Simpson wrote: I suppose the "punishment" is to try to prevent this, does this mean that you could lose more than you staked originally, otherwise what is the point of punishing pulling out early?


If you "end stake" with less than 50% of the time period served, you dip into your principal. Keep in mind, your principal and inflation reward are in HEX token amounts.

I believe HEX is the first crypto that is coded for loyalty. I think they call it "stickiness" these days. No other crypto has the user make their coins/tokens unavailable for long periods of time, and punishes them if they don't do what they said they would do. The staking feature keeps people in the coin, even when the price goes down. Right now, thanks to stable coins and large exchanges, people can easily exit a coin/token that is falling in price.


T Simpson wrote: I see no reason why hex is any more stable than any other scheme or crypto investment pool.


The founder is public, active, and protects his community. The HEX contract is a finished product, instead of a work in progress which makes promises into the future. HEX is the first time deposit on a blockchain. The founder is creating a new blockchain to bring his creation (the HEX contract) smoother seas. And, because this is an honest product rewarding responsible actions, people with good intentions have migrated to it. The community continues to grow and develop what it wants to see.

T Simpson wrote:Am I correct in my understanding?


In general, stable coins are coins that are tied 1 to 1 with the US dollar. HEX is not a stable coin. HEX has appreciated over 1000x while sitting in my wallet. Bitcoin I missed out on, but Bitcoin has appreciated over 1,000,000x in it's life span. We are talking about the most appreciating assets in human history. Participants need to be ready for volatility. Eighty-five percent drops have happened in Bitcoin.

The founder of HEX token often tells people in interviews, "You could have bought HEX, then, sold it on a double.... sold it on a double.... sold it on a double... sold it on a double... sold it on a double... sold it on a double... sold it on a double... sold it on a double... sold it on a double... sold it on a double... sold it on a double... sold it on a double... sold it on a double... and played with house money clear of emotional attachment". (That's 13 doubles.) Get it? You could have pulled out your initial investment.


T Simpson wrote:It seems the initial wallets and funds were seeded by the founder to give the project the appearance of a  large number of active participants when in reality the initial stakes were from dummy wallets controlled by the founder. Kind of a dishonest marketing tactic IMO. I just can't wrap my head around why the project uses so many of the same tactics as most crypto scams while claiming it is not. I suppose the blockchain doesn't lie and it has the users now.


To start a currency that is powerful enough to serve a nation's needs, many initial holdings were necessary. I believe that one address holds the majority of liquid HEX tokens, which keeps the system from being attacked successfully. I believe this address does not sell HEX tokens, and does not stake HEX tokens. Therefore, portions of the inflation are not awarded to this address. Also, the contract awards this address portions of the penalties when people get punished. I believe that is done to keep an appropriate balance going forward.  

T Simpson wrote:Does hex give a user a greater ROI over just holding in a private wallet?


If you "stake" HEX token, you get more HEX token (which is your portion of the inflation). If you hold HEX token in your wallet, it's US dollar value could increase or decrease while you hold it.

Prior to HEX, if a person wanted to earn interest on their crypto, they would need to send it out of their wallet to a third party. Those experiences didn't go well


T Simpson wrote: I don't see how hex can offer a profit beyond standard inflation rates without taking money from newer investors who have not cashed out yet.


I already described how the one large address holding keeps it's HEX liquid, and therefore, is not awarded a portion of the inflation. That allows the stakers to be awarded a higher portion of the inflation. With that said, I think we need to talk about the ecosystem of HEX and other coins. In Defi (decentralized finance; AKA finance 2.0), there are many pools of matched tokens, to swap what you want, for what you currently hold. With the complexity of these pools, paired with the intentions of HEX users, the price of HEX token is made from multiple different factors. The way things are going: If some people sell, there are others ready to buy.

T Simpson wrote: The only thing keeping it from falling apart is the bet that not everyone will jump ship at the same time. I might as well hold fiat or bonds in a big ol shared bank account.


Genius or scam?

In case it wasn't clear prior, the HEX contract cannot be edited, and within it's code, shares become more rare. That is to say, you will need to stake more and more HEX tokens to earn the same amount of inflation, per each stake. Each stake stands alone and cannot be edited after it is enacted. You cannot increase durations. You cannot increase principals. This is why I tell the Boots at Wheaton Labs, "stake it out as far as you can, I'd prefer you do 15 years..." with the free tokens I provide them. You can see the share/token chart at the websites above, and at www.go.hex.com when you are about to create a stake. The founder referred to this feature as "ratcheting" - the increase of share price in terms of tokens being programmed into the contract. This is truly a time sensitive product, running the simplest of functions, yet dynamic, strong, and causing many complexities.

Programmed money, holding a value based on it's users.

Speaking to dollar value perceptions:
1) The phone application called Staker App (that I have provided screenshots from in prior posts), calculates wallet address values. The values include staked and liquid amounts. These might be misleading, because the stakes are in progress, but overall, it's a very nice app. Because each day in HEX has a start and stop time, the portion of inflation can be calculated, and shown in the US dollar values on the app.
2) If you were to visit a trading pool website with one million US dollars worth of HEX token, and try to sell it ALL in one SELL order, you would experience slippage, as well as a transaction fee. You would not receive 100% of the US dollar value in return. Everything depends on the time you choose to act.

I am plugged into the HEX community. We think big things are coming in 2022. Crypto is growing in popularity, and we Hexicans have great seats for the show.

4 months ago
I've been away for a bit. Sorry about that. Girlfriend moved to Mexico and I have been getting in touch with my local freedom peeps on Telegram app. I think everyone should do a Telegram search for groups in your area, if you haven't already.

The HEX community is in a sacrifice stage right now. This is like an ICO. This particular sacrifice's rules, are similar to the sacrifice that took place last summer. This current sacrifice stage is dedicated to the "swap token" that will exist on the coming Pulsechain blockchain.

Right now, you can "sacrifice" at www.pulsex.info . I recommend you look into this, especially if you did not sacrifice last summer (for the Pulsechain blockchain).

This is time sensitive! Beware of the possibility of you finding this message too late!

There is a Telegram chat for PulseX: https://t.me/PulseXcom
There is a website for PulseX: www.pulsex.com
There is a sacrifice website for PulseX: www.pulsex.info
There is a leader board website for the sacrifices for PulseX: www.pulsexlead.com

$670M was sacrificed for Pulsechain blockchain.
$900M has been sacrificed for PulseX thus far.  


#PulseX #Pulsechain #Hex
4 months ago