Post
Topic
Board Announcements (Altcoins)
Re: [ANN][WOLF] Project WOLF
by
liteuser
on 27/06/2014, 15:23:37 UTC
I've setup a block explorer to check the blockchain.

http://107.170.34.201:2750/chain/Insanitycoin

There are currently: 394934.21821708 WOLF

Remember that each block mined gives 0.48 WOLF.

The following has all been implemented:

  • 2 minute blocks, 12 hour diff retarget
  • removal of percentage based fee, replace with a traditional fixed 0.002 WOLF fee
  • a block reward of 0.48 WOLF for 17 weeks, this will produce 27417.6 WOLF (1612.8 per week)
  • a block reward of 0.24 WOLF for 26 weeks, this will produce 20966.4 (806.4 per week)
  • a permanent block reward of 0.12 WOLF thereafter (this will produce 20966.4 per year)

Let's check previous coin destruction by InsanityDev:

Insanity Sunday - Week 1 Results

Summary

  • Total Pot: 79.52639466 BTC
  • Total Acquired: 43940.88047998 WOLF
  • Percentage Acquired Back: 55.25% of WOLF sold.
  • Average Price: 80.98% over base (0.001809845 BTC)
  • Maximum Price: 125% over base (0.00225 BTC)
  • Minimum Price: 45% over base (0.00145 BTC)
  • Market Activity: ~$85,000 USD (134 BTC @ $630)
  • Peak Market Cap: $1,273,100 USD (((987947.27558637 /11)*10)*0.00225)*630
  • Trade List: http://5.9.111.71/results/w1/trades.csv

...

Coin Destruction
Total to Destroy: 43940.88047998
destroyed: 363.36363636
destroyed: 39946.5277091
destroyed: 3630.98913454

You can see the money supply decreasing here, here, and again here

You can see it here now, as the above links won't work: http://107.170.34.201:2750/chain/Insanitycoin?count=100&hi=4424
(see the outstanding column)

Insanity Sunday - Week 2 Results

Summary

  • Total Pot: 100 BTC
  • Total Acquired: 75185.33554462 WOLF
  • Percentage Acquired Back: 75.185% of WOLF sold.
  • Average Price: 32.74% over base (0.00132739 BTC)
  • Maximum Price: 43.7% over base (0.001437 BTC)
  • Minimum Price: 10% over base (0.0011 BTC)
  • Trade List: http://5.9.111.71/results/w2/trades.csv

Coin Destruction
Total to Destroy: 75185.33554462 WOLF

You can check the money supply descreasing here: http://107.170.34.201:2750/chain/Insanitycoin?count=50&hi=6830

Insanity Sunday - Week 3 Results

Summary

  • Total Pot: 100 BTC
  • Total Acquired: 83,328.15395436 WOLF
  • Percentage Acquired Back: 83.328% of WOLF sold.
  • Average Price: 10.052% over base (0.00110052 BTC)
  • Maximum Price: 17.5% over base (0.001175 BTC)
  • Minimum Price: 0% over base (0.001 BTC)
  • Max Reported Profit: 62% by actively trading (others may have achieved higher)
  • Trade List: http://5.9.111.71/results/w3/trades.csv

Coin Destruction
Total to Destroy: 83,328.15395436 WOLF

Here: http://107.170.34.201:2750/chain/Insanitycoin?hi=9961

Insanity Sunday - Week 4 Results


Coin Destruction
Total to Destroy: 82,766.1196885 WOLF

Insanity Sunday - Week 5 Results


Coin Destruction
Total to Destroy: 73,440.58716197 WOLF
pending destruction

Here week 4: http://107.170.34.201:2750/chain/Insanitycoin?hi=14132

AFAIK week 5 destruction never happened ... 73,440.58716197 WOLF should have been destroyed.

Here we stop the Insanity Sundays and there are 666,414.34261042 WOLF still around.

And finally: http://107.170.34.201:2750/chain/Insanitycoin?hi=39496

250,000 WOLF has been destroyed in block 55e34fdb277f0d70bbac1564cf04a5db9b332c994e4150fe874f21b2efdf8de1 using transaction e5dc607e543f89d42a6162c6833621708f955cbc27847fa703e0f715284c79ff.

An additional 11 WOLF was destroyed by test transactions.

update: checkpoints at block 35000 added and main nodes updated

This is here: http://107.170.34.201:2750/chain/Insanitycoin?hi=39496

And we arrive to our final value of 394,934.21821708 WOLF as of today.

As you can see, InsanityDev destroyed the coins, except for week 5 that he forgot when phase 2 started.