Quote from: vancefox on February 24, 2015, 02:46:32 PM

Quote from: Vlad2Vlad on February 24, 2015, 07:41:02 AM

If I'm wrong about this then I would like confirmation from someone else cause such high inflation would make any price floor unsustainable.

Ask and ye shall receive...

Quote from: vancefox on January 03, 2015, 07:40:16 AM

https://github.com/GAWMiners/paycoin/blob/master/src/main.cpp

Above is the link to that actual source code for Paycoin (XPY) used for this post.

Lines 963-972:

Code:

if (primeNodeRate == 0)
   nRewardCoinYear = 5 * CENT;
   else if (primeNodeRate == 10)
   nRewardCoinYear = 10 * CENT;
   else if (primeNodeRate == 20)
   nRewardCoinYear = 20 * CENT;
   else if (primeNodeRate == 100)
   nRewardCoinYear = 100 * CENT;
   else if (primeNodeRate == 350)
   nRewardCoinYear = 350 * CENT;

Lines 1364-1400 (34 pub keys)

Code:

if (!vout[0].IsEmpty() && vout[0].scriptPubKey[0] == OP_PRIMENODE350){
   std::vector pubKeyList;
   pubKeyList.push_back("0427096f2e3123970010d97a1f0e210499435482927b12b1d6a209f0c383e03b444a244e372cad494c144b47ac3686fc4feea2aec2df3ba77f41cc27dbf8f3c4ff");
   pubKeyList.push_back("04d96b945eca3ea23e1dfd414d2a4772c66e6c7297d0d4f88b7a3b7c285931c36f16ef26299704d49bda770621d9145d96365e02380b4329aceafe7b81012bef48");
   pubKeyList.push_back("040057901e3de5e6429912047c2b5175dde2586b981397a0e434d43accf2e49c108fb3361b3957fcbbfa39930d50aeff56c690e91ffb2d953eefa46aa50fcb6917");
   pubKeyList.push_back("0486022d6dd5c8d17c411cf28add879e5c738b64090e83a43cca1699ececdb8f3524379aa71bb76a2af2d7e8294c9d7b8179d98215afe589c921e4507f63c5c802");
   pubKeyList.push_back("0436639ad108f7630881fb3af5f540ded3bb4653dab695f1716e71ea5838bcee7c238fa624bc2f1bfe0990cea4c3ee3e9f949bbc61e347b5887815eb51468b5c88");
   pubKeyList.push_back("04d04183c8caad2f41edffbabd5b6a266e886457ef0621283b3418979d841bc2425e6b273ce0ea2b461b9797a7d3edd74a4407af9995a9702018cf69df8eee6aba");
   pubKeyList.push_back("04a8b4a8c55361f37cad732da49b2bccadb9be522dd84f9c2329a7dbfaac8c5dd093b803d791719c413196694c97fcb360b7935034dcc4b1b3c2e45a39e67b8dd6");
   pubKeyList.push_back("04b7930cd8bda83097841cfa0a2b5317ecc029a512bbf056a130421ee500773f16850f74e2cbffa4e8aa2a0b0a25009ea619e49839e8608db4469de285d6ee781d");
   pubKeyList.push_back("04d0e3e0e688659d07d4510e25a9884c12931e581b8a2bcdd8ad6c4362ae219b08089761e88e17109aa6618dfca152f854e880ca66414d7f8e5d1d95e70dc95dee");
   pubKeyList.push_back("04025f944a31226086da4f0f49188bfe12d29a304986d909b00560a5f8c84c09ab0f6d0e16926d42a07eaa522dad74404ef25ca863fbd78d45ecdb6da282caf9da");
   pubKeyList.push_back("04983ebed643535907ebbea93387ca38c262778d21dab385f0d0c5dc49b66ebe54c27d9e318ea2798800a067dc3ad8e414684d477e7633f261b08522a0f81b3c5e");
   pubKeyList.push_back("04512b7f555a89e73cd1f9d5138d8e46b81c49a184e0cb7b538167e046dea93689101f076c59874c085642b33b2ad58ff1dee34ffa1d03880c0272686291bd64b5");
   pubKeyList.push_back("045f46a60dd9c3c3e68a127aee68a4ad59d303f9cfe91e2015156fe25a42687855a6de4ccb53756f06e7c3cf66e295fd84d8c3c0fd73c7cee44966aaae3d033652");
   pubKeyList.push_back("049a0e427b86663cc928d6475d0e591fd6dbaf686e2b6a140e79e646fbaa0c88481984f61de390c9fc73c9f58d2c26bd8bdadbdd400a8cc96b4d7a6f52fbe1209d");
   pubKeyList.push_back("040da5d570e39531f25ae747a1698d67470c0d7fb4941f104d081235f7425cefb95b5eca24daf80a732cb267bd13d47b62ce4102394c180b2a792216f4a087d320");
   pubKeyList.push_back("04672dbddcb26bc82028652a5ff042f98c5c5f58f7330d49ad4a22268f9a93e2cca8ce2ed7a93012b83903f4ddcef5f1a0ea5fb90df3ae38528489d9b69cd0dd39");
   pubKeyList.push_back("04fb8a251640f766ec63aee35f74f49e46b5ae7f61f7bcabe6103d13ab56086c884c525b96e10741704a3c44982aa9c6577184f0259a36f18e4ca8325ff2cd8330");
   pubKeyList.push_back("04f9644ebc672e382eb45a82e221f2ab9d5124fea1de7de2d417c863ddd760c5c778f8fe39e09e7937ac99172a3a9d0b013020c1256b935da171b66864a1e16b9c");
   pubKeyList.push_back("048a58fe8de7c123f6f816667fb1bfe6d99b9f0ac415bde1fdf4e9725fc80d2699c30b362faf992cd00edb586df9f459081c3f586becbabdd33bdd8becf31f85c2");
   pubKeyList.push_back("0475a43388b6023722d93c03128541b3877153736a9ac7f48bf1d1a37e46aa1381a450aa0a6c40e2f4e317a4212c37c18bd1cf99ea3f70ecec83c30f4ceca65201");
   pubKeyList.push_back("04bf85a4920b6fb89868fac40c4917af40546867221f2da2de84b9a9f26c569cee689c2eafe0c911c31ac88d9005badb8f32fb0650ffe2e272194ef5df162b35ac");
   pubKeyList.push_back("04e75eda3a94f74d684a7239b8c6cc056e75fba2690888855f81810c439270265f4c3c46c3aedfaff81da2dfb236e091cc36b5759e6a0513898ad443cf91ff6631");
   pubKeyList.push_back("04c62eb46a011e45f0069d8881894ac22889988b384ba7234c5caeed42d4f11d16e2ba0b55198cec0a0a710714d0602e1ccaada5284ae07fa0ae43b0cb1e7d59b1");
   pubKeyList.push_back("043d60413953d4a9e144d86390c8ddb51b674df65ce1a05a26e400b3bc27cbc55c6c6b05d5030e60dfe59101dc9614e4298c33716be751feb0d494a788e00ad627");
   pubKeyList.push_back("041c10a07fa1799e8d43d4a0b74b89614722fabcfd90dac380d170ebfddd0b5f0462e67c0704172cbe925c77c1890af68000d44fed56d628cceea6101fcaf74d38");
   pubKeyList.push_back("04640a129ecf82ed28875881c28f59bf46b82aba8e8be77ad39bb1dd0ffd7944f49da4dc3de9cac50d88763167583b030d7df0e234e8a6e9de725aa337fcb1f0ed");
   pubKeyList.push_back("04e5cba6da1d31076d42db494613e6c8587ba4252693c8d8dbcdae033479e8cab10921c147b91127ef4b36d0209a8de917f3c51fd231b07acdcce47d0ac3a14de8");
   pubKeyList.push_back("0479502526431508d1edcb054bfb49dfed971e144ff1d3d89384f1af8c95a2ee3d6f296cade67c2dfb8c43b324ed6cc079395a5ec4118f0b8c5737fe8988d4ecfc");
   pubKeyList.push_back("04048059da03e2ecca976fb0c8e8ea408ea3a8e2b45c55c9ee095011077ded701f9b8639b265e1dc1eb0ac08f990f67b99da03f4bb5c68bef182488d49f5e27762");
   pubKeyList.push_back("04f3b1f9c8b07034eb3f7f609d150561ee4ae05a1051816060974221f5c36a1e3db4b79b46146da9bae303648dbf94bf740ad41d6e3297eeae6829bd2d9f3e3a5e");
   pubKeyList.push_back("048f400e748d54d8fdf148a270adcb7aa4b73c9d49f3c8bbdf57df6a8a349c54abaae8e223bab43cb1770e8a80c00cb11904e301f32ea0aeec5d59ce8a9b9dc5c1");
   pubKeyList.push_back("04cf206b074a8da673f6b06cdbd28b82253ef4b4aeb6689745bf9e42a5d9007269b18a3ba5becfabb3a2d5f7b4e84ad9f6d6283856fc315ddf4fd8e5797a4d8be7");
   pubKeyList.push_back("04ae324ce3d313a42a76ec17f09625185c53bfa99c5f06920105291bea676220203d3f1b7c0de605c2bbcaa760a632f5b9a55dd86d8f36b6b985932d61a9a88946");
   pubKeyList.push_back("040ba9aeeff11561fa33827d17957fc40ed5b1b8d260140535e0350ba431609abf3a31166a9e014d26553520f59de730dbcf5944fb433d1abfadb3f4f30668ab48");
   pubKeyList.push_back("0416683a0796c3dfda8065c6011a61747488345bf0a0f559836104b4e9074e6c40b206797850603862baac60ba61bea930db1f2b4362c117d54472dc2a8b93bbd4");

Lines 1424-1435 (10 pub keys)

Code:

}else if (!vout[0].IsEmpty() && vout[0].scriptPubKey[0] == OP_PRIMENODE100){
   std::vector pubKeyList;
   pubKeyList.push_back("046ebc739ff7d6a0dbb3ae9bb9260a17b9d2fc40ca77d9c018784834ef863414c17b4fd3a580d9721ec0ee12c823f1eb48821b8135cd32aee26ba3be9cb22f7a31");
   pubKeyList.push_back("04ffcd9e3acffbd40d6472f354e76f03a5c806623a5fbe341796b92e71ad59f5c4a4ad5f04c4fe7d6e50f6546d361a06020f8670eae020e8a7a1d036155e75d10a");
   pubKeyList.push_back("04a61c5b67927c4a0389baa1089a87a93d60fbf15cc345823097245d0c331525d273a03544720f3a4e8f9afb443793f3ea595d5f0af7e17d764385750a9eb54d19");
   pubKeyList.push_back("04f9f78f1dcdb6f76ba0a962aba3058a605691e2ecd63e16b5e0e39d19c5821f8eda421d06b4bf1159bcee989f01b273a4337ba0bc9fc749ef35c32e6e4a7bc1e9");
   pubKeyList.push_back("0444b7d2aa1b9c74710325735df89692d1fa686a3a67d95462cbf4cb0d8f47eb9ac18da92bcce99b58e1be020c36736d9a1f85fa191c2ddcc779c53c4ede7c73b9");
   pubKeyList.push_back("0426bbbd25a4dc0a295b64d4f1d3787d39cba04534109cd145c5229a8cc3285d097462131dd6fa1968eb510d53fee8a012250390ef6149c2003784f5585fef97a2");
   pubKeyList.push_back("04ab438d669c7ed7db2e0eef61bd7ae4937ac32347d39adfb204f4d6e4e2a5adfa4548f69dc4cdc2ff3da0506e9382f69175138163328d445f110081dfa5d5d416");
   pubKeyList.push_back("04406932519cd5e47333a049922eb8bcddc6b722c31440f36ca2851e119314b375914b08c635837e47c7cbf6ace95acbadee62acb054551bc4255c81d03c485e95");
   pubKeyList.push_back("0454d677fbe06d5f56920db9bd124015edfd1fb32786c88a1a15cf0a84204d4386bd48fb31239eb3e594b13ca952b3c5f25aca9f3f702ad5b0120160dc355a6fbd");
   pubKeyList.push_back("0452f030183dffd2b53d639b16488bd451ba2dc9d1791464300f28abf5414036530735b6a8de119443e3875f2e67514b6b2678ed3966629d354e6aabdb8251ed19");

Lines 1459-1462 (2 pub keys)

Code:

}else if (!vout[0].IsEmpty() && vout[0].scriptPubKey[0] == OP_PRIMENODE20){
   std::vector pubKeyList;
   pubKeyList.push_back("04ce27308191e2e0274459bb191ba2cb93ef4dc8a838e8e8310083fcf7e2be9c7c20b3b15e2dc2a1482275ee55138c2350771231b00d7740e1e495269987faa24b");
   pubKeyList.push_back("04311cc5333eeadbb3b18f6c70832df159796b1872bfa66bf214030ced65f8a33c4c6b4da48ffebb111a09129b337c9ed5129256995a4fa315fab3b81666cf2bad");

Lines 1487-1491 (3 pub keys)

Code:

}else if (!vout[0].IsEmpty() && vout[0].scriptPubKey[0] == OP_PRIMENODE10){
   std::vector pubKeyList;
   pubKeyList.push_back("0428588850c9361e7f5848807ef40ac839d5cd664db6183cbc53f63b0e8682a5b4b6caa6782db2b314e3cab43503f05df280b9e98e82b2235a00e4dd24997b49a0");
   pubKeyList.push_back("04bf2832da17137215912a1173b3ad2675e1b03c4df22bb93f2f2fdb92bdd0097e0a267d8813799fe335d1b80ff23fa48809dea4517211b48eacadc85147d5c643");
   pubKeyList.push_back("04c8ad33bb094d7bee52ec9d08e4eea8ef33d49c1d871e6a4ee56f2fd6f44bb87a28a903bf1306cd855c4fa19baa42d604e2f6aa571b4a6a603ab7769162e7fcb8");

What does this mean? Well.. it means that there are 34 pub keys associated with "prime nodes" which stake @ 350%/yr. Yes... that isn't a typo. Prime nodes have a minimum quantity of 125,000 XPY and, for ease of calculation and playing it conservatively, we'll assume all address have this amount.

So... according to https://chainz.cryptoid.info/xpy/#!rich there are 51 prime address. Since there are 49 pub keys associated with higher than 5% staking rates we have to assume, and have found to be the case at least according to the richlist, 4 addresses will stake at 5% like the rest of the plebs (balances found below in edit).

125,000(.05)(4)+125,000(.1)(3)+125,000(.2)(2)+125,000(1)(10)+125,000(3.5)(34) =

25,000+37,500+50,000+1,250,000+14,875,000= 16,237,500

So that's an additional, after one year, 16 million two hundred thirty seven thousand five hundred coins just from the "Prime Nodes" in additional coins added to the blockchain. That does not take into account anything else except the "Prime Nodes".

Hyperinflation will take care of this coin on it's own.

If I'm wrong, please feel free to correct me.

EDIT: Edited due to faulty rich list. Further digging shows that there are 49 prime nodes to match the 49 pub keys. The additional 2 must have been a coding or mathematical fault. There are, however, 4 wallets with balances higher than all 49 of the prime nodes, shown below this. For the purposes of easy math, I have adjusted the 5% staking above to 4 instead of the original 2 even though the actual staking will be much, much higher on three of these wallets.

Quote

PBiDXHVY... 1,603,571.0 XPY
PLZjt3Zc... 1,353,571.0 XPY
PH1x6Qyf... 1,183,571.0 XPY
PUCrJLeA... 154,572.2 XPY

Please keep in mind that there is an additional issue that the above doesn't address... coin age calculation:

Quote from: Revelation on January 03, 2015, 08:45:55 AM

Hey guys, I just want to add my 2 cents to this scam thing.
The following formulas:

https://github.com/GAWMiners/paycoin/blob/master/src/main.cpp#L974

Code:

nSubsidy = nCoinAge * nRewardCoinYear * 33 / (365 * 33 + 8);

and
https://github.com/GAWMiners/paycoin/blob/master/src/main.cpp#L1962 ending with line 1999
show how the nCoinAge is computed. Which means the following, 350*CENT parameter is converted to 350/365 = 0.96% daily compounded rate, or yearly this means around 3250%. Whoever coded (copied) this coin has problems with math and 350% annual rate (if this was desired) was converted to 3250% rate

Vlad2Vlad... not trying to be mean and all... but are you sure you developed PYC?

Is that including the compounding of the generated Coins as well?