Post
Topic
Board Announcements (Altcoins)
Re: [ANN]XtraCoin[CX] - SHA256 PoW/PoS - 1% PREMINE/ NO IPO
by
fraenk
on 20/05/2014, 11:17:47 UTC
something doesnt add up...
120 seconds blocktime
first 1000 blocks: 1 CX
until block 10000 reward: 500 CX

so far "blocks" : 1264,
"moneysupply" : 633498.00000000,

please explain

Interesting, I love it when shitcoin meet their end sooner. This is one of them. I'll check the source to see if there's anything fishing with the generation of blocks. Can some of you with the client do:

Getblockhash 1

Getblock

To check if there's a premine on first block or so.
We need a block explorer before this gets near an exchange.

First block was the 500k (1%) Premine.
Since this is a self-moderated thread, I won't bother with this.

Quote
// miner's coin base reward based on nBits
int64 GetProofOfWorkReward(int nHeight, int64 nFees, uint256 prevHash)
{

int64 nSubsidy = 500 * COIN;

if(nHeight==1){
 nSubsidy = 500000 * COIN;
}

if(nHeight<1000 && nHeight>1){
 nSubsidy = 1 * COIN;
}

if(nHeight<10000 && nHeight>999){
 nSubsidy = 500 * COIN;
}

if(nHeight<20000 && nHeight > 9999){
 nSubsidy = 250 * COIN;
}

if(nHeight<40000 && nHeight > 19999){
 nSubsidy = 100 * COIN;
}

if(nHeight<60000 && nHeight > 39999){
 nSubsidy = 50 * COIN;
}

if(nHeight<100000 && nHeight > 59999){
 nSubsidy = 10 * COIN;
}

if(nHeight>99999){
 nSubsidy = 1 * COIN;
}

    return nSubsidy + nFees;
}

Huge premine of 500k coins on first block.

well... that's the 1% premine as announced... so i am not particularly worried but I do agree that we need a blockexplorer asap