Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ARBIT COIN|SHA256| POD VERIFIED |AR/VR WALLET|POS|VOICE 2FA|EXCHANGES
by
ARbit
on 29/05/2015, 04:01:09 UTC
So much for the increase in rewards. Block rewards are now showing 5 ARB. Angry

Sorry to be the bearer of bad news, but the last bonus phase listed in the OP does not exist in the source



int64_t GetProofOfStakeReward(int64_t nCoinAge, int64_t nFees)
{

    int64_t nSubsidy = 0 * COIN;

        if(pindexBest->nHeight < 1441)  //Same as POW so coin supply stays the same
    {
        nSubsidy = 100 * COIN;
    }
        else if(pindexBest->nHeight < 2881)  //Same as POW so coin supply stays the same
    {
        nSubsidy = 75 * COIN;
    }
        else if(pindexBest->nHeight < 4321)  //Same as POW so coin supply stays the same
    {
        nSubsidy = 50 * COIN;
    }
        else if(pindexBest->nHeight < 5761)  //Same as POW so coin supply stays the same
    {
        nSubsidy = 25 * COIN;
    }
        else if(pindexBest->nHeight < 6001)  //Same as POW so coin supply stays the same
    {
        nSubsidy = 100 * COIN;
    }
        else if(pindexBest->nHeight < 10001)  //Only POS - 40,000 new ARbits
    {
        nSubsidy = 10 * COIN;
    }
         else if(pindexBest->nHeight < 20001)  //Only POS - 200,000 new ARbits
    {
        nSubsidy = 20 * COIN;
    }
      else if(pindexBest->nHeight > 20000) //Only POS - 7,200 new ARbits per day
    {
        nSubsidy = 5 * COIN;
    }


Wonderful...get investors to hold and stake for POS mega-reward, dump on us in the meantime, then make sure mega-reward isn't even part of the code. Guess those mega-dumps to 300 sat were no mistake after all. Very dissapointed in this one and the alt scene in general. Think from here on out I'll stick with my tried and true, btc and nxt. Thanks for being one more scammy dev in a world filled with fraudsters and sharks.

Wow, since the pos stake rewards for 1,000 blocks were misprinted we are now somehow fraudsters or scammy? My coins were in the wallet ready for those rewards as well and it did not benefit defiantly not the ARbit team in anyway. More harmful to be honest. Wheres the faith? Those rewards while not 100 per pos block still went to the stakers and not us. We will be releasing our crypto coder come morning for this mistake and we are sorry about it.

Look at my wallet address in the block explorer for evidence, Haven't sold and don't plan. The 5BTC (1,085USD)we received from the crowd-sale went to supporting the market and paying for services from the community. 100% honest here.
ARyKiSM8LbthaqWLdapPkgMPLrJe9nqGor