Re: ECCoin (ECC) Takeover by Trusted-Cryptos Team [Griffith]
Nice Catch....Changed!!!
Awesome, thanks! Would you mind clarifying the annual interest please? If PoW was 18 billion coins, and 25 billion is the max coins, then interest can't be 25% annually ongoing as that's 4.5 billion coins annually. Max coins would be reached in less than 2 years assuming all wallets were open and staking (I know they're not). Is it 25% annually until max coins is reached, then nothing? Or...?
no no. thats correct. it is 25%. and if you look at the code, once it reaches 25 bil coins it goes to 0 interest. if it somehow goes over 25 bil then it actually destroys coins. but there is other code preventing it from going over. so. (this scnenario of going over should never happen)
yeah... just checked it. if you have a stake that goes over the max money, it does a difference calculation and will give you a negative amount to put it back at max money. (thats only if you are at max money and try to stake more)
if it is at max money, you stake and get 0.
if you are below max money. say its 10 coins short. and you stake. and your stake is supposed to make 20 coins. but that means it will be 10 coins more than max money. then it will deduct 10 so that you will only earn 10 and again, the max money will be the max money in circulation
Quote
Specifications:
- ~18 Billion is the total of coins in the POW stage.. 25 Billion coins is to total coins overall.
- ~18 Billion is the total of coins in the POW stage.. 25 Billion coins is to total coins overall.
Code:
static const int64 MAX_MONEY = 50000000000 * COIN;
Something is not right, is it?It is not the total coins.
max_money is also used for some other calculations in transactions. which is why i chose to edit the max coins the way i did
Good news!!
return to BTC market, wallet update, new members... im happy, thanks team!
Multipool is available?
ECC still alive
we will be reinstating our MP this weekend. it is currently offline
Good observation. Griffith, come and put things in order, please
i think thats everything... any remaining questions?