I don't get it, do you mean now the block reward is 1575, but 3 days later 157,500?
Yes,
1st 10K blocks minimum reward is 1575 coins,( to stop instamine, set difficulty, etc.) from 10,001 block reward will be 157,500 which is actual reward.
---Deva
So... from block 10,001 forward... there will be around...
9.45 million coins per hour minted and 226 million coins per 24 hours newly minted and 1.588 BILLION coins per week and 82.56 BILLION coins per year?
and this goes on FOREVER?!?!?
I think you don't need 3 decimal places... cause you need scientific notations....
I don't get it, do you mean now the block reward is 1575, but 3 days later 157,500?
Yes,
1st 10K blocks minimum reward is 1575 coins,( to stop instamine, set difficulty, etc.) from 10,001 block reward will be 157,500 which is actual reward.
---Deva
So... from block 10,001 forward... there will be around...
9.45 million coins per hour minted and 226 million coins per 24 hours newly minted and 1.588 BILLION coins per week and 82.56 BILLION coins per year?
and this goes on FOREVER?!?!?
I think you don't need 3 decimal places... cause you need scientific notations....
Yes, I am thinking this too.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][XAD]AditiCoin-MainNet Launched - Bring out your Confidence!
by
Manwe
on 12/06/2014, 07:00:24 UTC
I don't get it, do you mean now the block reward is 1575, but 3 days later 157,500?
Recently POS was added, the POS PND is not 0% premine, instead, it is 95% premine before the announcement of the POS.
When you change it from POW to POS, you are making a new coin (see C2 and NC2, CAI and CAIX), the POW PND is a copy paste of litecoin without premine (i do some homework, it is complicated because of the 3 Pandacoin), but the POS PND has a premine.
Premine is before the public are able to mine a coin, the coin can be mined by some people or group. Before the public can mine this POS PND (less than 2 billion coin left), a small group already premined almost 30 billion POW PND, before the annnouncement of the POS PND, this is why it has premine.
With such high premine, this PND is a scam comparable with the recent premine scam in Asiacoin.
What premine are you talking about though? Would you mind pointing out the evidence?
Before the Announcement of the POS PND (different from POW PND), there are more than 30 billion PND exist. POS PND is a different coin with POW PND, because everything change.
30 billion PND cannot be mined after forum member see the POS PND, it is premine.
Please don't confuse POS PND and POW PND.
Another thing to alarm is they change reward from 500,000 per block to 50,000 per block after POS ANN.
The change in block reward was requested by the community and was publicly announced.
As others have pointed out - you have zero posts made with this account which leads me to believe that you're here in order to spread unnecessary FUD while not being able to provide the necessary evidence to back up your claims.
Before POS ANN, how much coin do PND have?
It is premine to me.
POS have not added, but it have been Annouced. Forum member who read the POS can only mine 5%, other 95% are premine
Yes, Bitcoin is 50% premined for you, idiot.
Post
Topic
BoardAnnouncements (Altcoins)
Re: New coin to launch
by
Manwe
on 20/04/2014, 05:36:59 UTC
Yes, they cheated.
Post
Topic
BoardAnnouncements (Altcoins)
Re: Compass Coin
by
Manwe
on 20/04/2014, 05:24:31 UTC
Two hours before I checked their website, the coundown said 8 hours.
Post
Topic
BoardAnnouncements (Altcoins)
Re: New coin to launch
by
Manwe
on 20/04/2014, 05:24:01 UTC
Two hours before I checked their website, the coundown said 8 hours.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][LIRE][X11][IPO][ESCROW] ELECTRONIC LIRA - CRYPTOCURRENCY FOR ITALY WEB UP!
by
Manwe
on 19/04/2014, 14:55:29 UTC
I will wait what othere investors say.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][LIRE][X11][IPO][ESCROW] ELECTRONIC LIRA - CRYPTOCURRENCY FOR ITALY WEB UP!
by
Manwe
on 19/04/2014, 14:26:48 UTC
This is not the way to do business, you need to do what you said, I invested because there was on one, refund me please.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][LIRE][X11][IPO][ESCROW] ELECTRONIC LIRA - CRYPTOCURRENCY FOR ITALY WEB UP!
by
Manwe
on 19/04/2014, 14:16:40 UTC
Why I remember you were saying the IPO would be ended on 18th Apr?