Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [YC] YellowCoin ★★ Pure PoS - 10% Daily ★★ Let's color the MOON !!!
by
tomvalois
on 28/04/2014, 19:50:06 UTC
35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN


This would mean that you will get 10% daily for a year. I think it's rather: coin * 1,0365 + coin * 1.1^8 for one year.

yes it s the annual rate for a year. but it is limited to 10 days. See below :

Code:
if(nHeight < (7 * DAILY_BLOCKCOUNT))
nRewardCoinYear = 1 * MAX_MINT_PROOF_OF_STAKE;
else if(nHeight < (18 * DAILY_BLOCKCOUNT))
nRewardCoinYear =  35159056994887200 * MAX_MINT_PROOF_OF_STAKE;

We have the normal rate for the first 7 days. And from 7 to 18 first days we have the super POS rate, currently setted to 1% daily.
OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily

Yes and code says otherwise, but you are free to inspect it.
35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN <-- This is wrong!
(1.1^365)/0.0365 = 3.5159... * 10^16

Please this is exactly the same 35159056994887200 = 3.5159... * 10^16
Your last 4 digits are wrong, must be ...6375. But anyway, this number is far too big to be taken seriously.

Sorry if you didn t understand the point. My english is so limited.

But at the end, this is the reason why you are not seing the 10% daily in your wallet. Maybe someone who can understand what i m saying explain to him?

edit : i tried to help. I don t have any YC and will not have it. Way too many premine to be interesting. I m not spreading FUD, the code is from github. Everybody can have a look at it.

Okay - look at block 30,000:

http://www.yellow-coin.com:1777/block/f9b633160be64a4623ec9e7a1f519629bc98b096fe8748445d787e0fbfd66256

Here we have 2000.2326 staked coins and a PoS reward of 0.2267 coins. That works out to a little over 0.012% for 1.2378 coin days.

Now look at block 40,000:

http://www.yellow-coin.com:1777/block/72e2be488847c607cb74ec1ef69717e64f313278f40549aa09febd6f8d10f077

We have 50.7303 staked coins and a PoS reward of 0.0087 coins. That works also works out to a little over 0.017% for 1.48689 coin days.

According to the code, the reward for block 40,000 should be 10,000 times the reward for block 30,000. Regardless of whether 10,000 is the right number to use, it isn't even doing that. There is another issue!