Post
Topic
Board Announcements (Altcoins)
Re: DubaiCoin-DBIC دبي كوين
by
MohamedAmer20010
on 03/04/2016, 20:38:10 UTC
...
Block Rewards:

1: ~ 1% Premine
2-100: 0 (instamine protection)
101-40,000: 100 (~ 1 month)
40,001-80,000: 50 (~ 1 month)
80,001-120,000: 25  (~ 1 month)
120,001-160,000: 12.5  (~ 1 month)
160,001-200,000: 6.25 (~ 1 month)
200,001-240,000: 3.125 (~ 1 month)
240,001-280,000: 1.5625 (~ 1 month)

...

Strategy.

Step 1) Premine it.

Step 2) Protect it from instamine.

Step 3) Open it up to instaminers.

Step 4) Sell Premine?

Step 5) Move to Dubai?
i think its a bit late for this kind of FUD, dont you?
i know it hurts when a serious coin is missed to get cheap, but still no reason to try and bring price down for your personal gains

ha ha and 1% premine is not that much.....  Huh

the return of sha256

Ticker: DBIC
Algorithm: SHA256
Supply: 10 500 000
Premine: 1%
Pos: 4% monthly
Number Of Blocks: 350 000
60 Seconds Per Block
10 Blocks to Confirm
Min. Staking Age: 30 days

Block Rewards:

1: ~ 1% Premine
2-100: 0 (instamine protection)
101-50,000: 100 (~ 1 month)
50,001-100,000: 50 (~ 1 month)
100,001-150,000: 25  (~ 1 month)
150,001-200,000: 12.5  (~ 1 month)
200,001-250,000: 6.25 (~ 1 month)
250,001-300,000: 3.125 (~ 1 month)
300,001-350,000: 1.5625 (~ 1 month)


looks ok, but may i suggest re-considering the min stake age?
this being a somewhat "hi-pos" coin, the 30 day min age is brutal!
this will be a hi-pos trading coin that noone can stake! (is your premine staking now?)
just a suggestion Wink
Dubai is my shit so ill be in either way haha

DubaiCoin-DBIC is a longterm coin and will have active development, I agree the 30 day staking age is a lot but bare in mind that this is not a hipos coin.

The pre mine is not staking now and at launch we will split the pre mine and that way there will be no advantage for dev's.