Quote from: theabacuscoin on March 03, 2014, 05:03:08 PM

What is The Abacus Coin Shares?
we have 2 Benefit pools for the Coin Holders:
Pool 1: the Abacus Coin mining process produces not only Coins as rewards, but also answers to real world mathematical problems that hold value in themselves. We can cannot ever say each mathematical problem will be purchased or when. But we will share 50/50 with the coin holder, how we can do this is very simple your coin will be linked to the Mathematical Problem which was solved so you will be the paid out accordingly "Remember if you sell your coin the person that holds that coin will receive the Profit Share of that Coin linked to that Mathematical Problem"
Pool 2 : The Abacus Coin Product and Service Profit Share Pool, We share the profits 50/50 with the coin holders, So that means the more coins you have in your wallet means you get more coin share of the Profit Pool.
How are the profits made?
1.   Cloud hashing Packages sold
2.   International calling cards sold
3.   Any other New service we Launch
profits are calculated after all costing have been paid out then we share it 50/50 the 50% we keep is re-invested into new services. Each month can be Different amounts so nothing can be sure.
Example:
223,789 coins in the market and for the month 124,764£ profit to shared with the coin holders
124,764/223,789= 0.55£ Per coin
This means if account Holder A has 233 coins in his wallet he will receive 233*0.55£=128.15£ that month out of the profit pool, If Account Holder B has 10,743 coins in his wallet he will receive 10,743*0.55=5908.65£ that month out of the profit Pool. This can be paid in Fiat or any other crypto coins.
So if you think about this the coin has a greater value already so if you sell your coin on a exchange just remember the person that buys your coin will be the new owner and will get the Profit share for that coin so always sell your coin for higher as there is profit share income you will lose

Quote from: johhu12 on February 21, 2014, 03:25:09 PM

This looks promising.

Got few questions in mind:

+ How many coins total, block size, block time?
+ How are new discovery's rewards divided?
+ Launch date?
+ A little intro to the dev team?
+ Will there be solo mining besides cloud mining provided by You?
+ How are the mathematical problems picked that are going to be mined?
+ Premine?

Thank You, anyways hope the best for You!

i'll try to make an other example.

1)I start to mine abacus coin.
2)i start to gain abacus coin. If some of the real math problem solved will be purchased, i gain other coins.

3)if i keep this coin i've earned in my wallet, every month a gain other coins, like you described in your example?? Am i right?

Thank you!