Post
Topic
Board Announcements (Altcoins)
Re: eXperience Points [XP] ENGLISH
by
FalconCoinTalonPower
on 12/08/2019, 14:33:40 UTC
What is expected versus unexpected is usually, in a large way, just a measure of someone's experiences. You didn't know how to calculate our new market capitalization, and honestly, it's still high, you should be around the 1.5 to 2x, not 3x. By the way, any of those are a heck of alot better than the 19x you calculated...


The devil is in the details, right? Look below for a quick breakdown of technology fundamentals:

    The new codebase is a PIVX variant.
    Privacy is available, but will not be activated till issues with Zerocoin implementation are resolved.
    Swap ratio is 200:1, meaning 200 coins on the old chain can be exchanged for 1 coin on the new chain.
    Masternode collateral is 500,000 coins.
    Proof-of-Work, Proof-of-Stake, and Masternodes are supported.
    Proof-of-Work is reserved for coin launch and ends in first 300 blocks. Proof-of-Stake begins at block 301.
    Max coin supply will be 20,000,000,000 XP.
    Premine will be 4,003,000,001 XP, of which 2,000,000,000 is allocated for swapping and other issues like web wallet and Lionbit exit scams. Effective foundation premine will be 10% of supply.
    Block time will be 1 minute.
    Block rewards begin at 1,200 and gradually decrease to 400. See Block Reward and Split chart below.
    Stake versus Masternode split starts at 60% versus 40% and gradually changes to 25% versus 75%.
    Coins are never burned. Stake versus Masternode for transaction fees is 40% versus 60% for the life of the chain.

Guess I should have assumed that 4billion would be the cap calculation because it is the premined amount.

1.5x is better?  lol  So until $1m+ magically flows into the coin everyone is under water on the swap?

Exactly how much $ are you spending to keep the old chain alive and on what is it being spent?