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Showing 15 of 15 results by nepia
I still see many connection on my wallet.
It's just going at it's own pace. No pump and dump which is good.
I suppose people are just waiting to see how well it will do when transition occurs.
It's just going at it's own pace. No pump and dump which is good.
I suppose people are just waiting to see how well it will do when transition occurs.
Re: ★[ANN]★[GHC] Ghostcoin ☢ 4 Exchanges ☢ Fast ☢ POW/POS Hybrid ☢ OpenSSL Patched ☢
ive been telling you guys this for weeks, this guy doesnt give a crap for his coin
That's not true.
eager to exchange premine.
Other than that, it's not of his attention.
even a false info posted regarding this coin too.
"750,000,000 Total Coins"
"Ghostcoin will release 20% of total coins for Scrypt mining and 80% of total coins for POS minting."
I wonder if it's accepted under term and condition of this forum.
Re: ★[ANN]★[GHC] Ghostcoin ☢ Win COD: Ghost! ☢ 4 Exchanges ☢ Fast ☢ POW/POS Hybrid ☢
First of all, how about fixing coin spec information posted on the Webpage and 1st post here.
PoW portion was never 150Mil.
It doesn't matter how you meant to design this coin. Math was off.
This was what happened for fact and something as important as coin spec information should be fixed accordingly.
PoW portion was never 150Mil.
It doesn't matter how you meant to design this coin. Math was off.
This was what happened for fact and something as important as coin spec information should be fixed accordingly.
Re: •[ANN]•[GHC] Ghostcoin | Energy Efficient | Unique | Fast | POS/POW Hybrid |
Regarding the PoS/PoW calculations, I think you all got it wrong here (including the dev 
)
Although there is a way to make the wallet calculate the coins generated, it's time consuming and requires more memory than just to count block height...
In other words: Wallets, all the times are using block height to do any behavior changing... From halving, to stop PoW in our case...
Now, add to the formula that the block reward both from PoS and PoW is random then you can easily understand that it's not accurate to calculate amout of coins. Instead we should be calculating amount of blocks...
If you ask me why PoS is not known, it's simply because nobody can tell how many blocks will reach adulthood for PoS and when they're going to be created (having from lowest to highest possible interest rate).
Also, please consider the fact that if PoW is starting after X weeks and PoW is stopping after X-1 weeks, there will be a huge gap where no blocks are being found, so no transactions, no nothing. A dead blockchain.
That shouldn't (and isn't going to) happen in a coin's life
So keep mining and keep buying...
)Although there is a way to make the wallet calculate the coins generated, it's time consuming and requires more memory than just to count block height...
In other words: Wallets, all the times are using block height to do any behavior changing... From halving, to stop PoW in our case...
Now, add to the formula that the block reward both from PoS and PoW is random then you can easily understand that it's not accurate to calculate amout of coins. Instead we should be calculating amount of blocks...
If you ask me why PoS is not known, it's simply because nobody can tell how many blocks will reach adulthood for PoS and when they're going to be created (having from lowest to highest possible interest rate).
Also, please consider the fact that if PoW is starting after X weeks and PoW is stopping after X-1 weeks, there will be a huge gap where no blocks are being found, so no transactions, no nothing. A dead blockchain.
That shouldn't (and isn't going to) happen in a coin's life
So keep mining and keep buying...
Are you saying that "getinfo" command does not report accurate number of coins generated?
Because that command reports almost instantly.
As for "random" rewards, it is true that it is number of coins calculation from the block number
will only be a estimates; however, with such big number for block, it is sure that estimate number will be
very good approximate. If these words aren't persuasive enough, I'm sure you can do statistics calculation
to see how are the chances we got this many or that many lucky rewards or unlucky rewards.
PoS rewards value is not a number we have to consider, at least for this point of time since it has not started yet.
Re: •[ANN]•[GHC] Ghostcoin | Energy Efficient | Unique | Fast | POS/POW Hybrid |
Is your question for me or the developer? I'm not a miner, I'm an investor, so correct me if I'm wrong. POW can end now at 20%, but the coins don't start paying out until the 2 month mark - is this right? If POW continues for 6 more weeks there will be a lot more coins than 20%. Any clarity you can give me is appreciated. Thanks.
It's for the dev.Now, total coin is 157585208.
What Dev stated at any point of time contradicts.
Re: •[ANN]•[GHC] Ghostcoin | Energy Efficient | Unique | Fast | POS/POW Hybrid |
Ok, let me tell you my calculations. There is already over 150millions aka over 20%, you can check it when you write "getinfo" at debug windows in wallet client. So that just mean something is wrong unless we take in consideration that 1% premine which is total 7.5million is counting without our mining, in that case POS will kick in after total 157.5Millions will be mined.
That could be one possibility, but then there will be some "wrong" anyhow.
"Ghostcoin will release 20% of total coins for Scrypt mining and 80% of total coins for POS minting. "
Above is the statement fond in the first post.
When 7.5M is 1% it automatically means 750M is 100%.
And if you add these numbers, 7.5M(Premine)+150M(regular mine)
157.5M is 21% of 750M. Then "80% PoS" is wrong statement.
Or in the other case, 750M total will be wrong.
Re: •[ANN]•[GHC] Ghostcoin | Energy Efficient | Unique | Fast | POS/POW Hybrid |
20% of 750M=150M
ramdom block reward of 1~8k would be 4.5k ave.
4.5k/150M = 33333.33(repeated)
and Current Block as of time of this post is 37848.
Can someone explain what is going on?
ramdom block reward of 1~8k would be 4.5k ave.
4.5k/150M = 33333.33(repeated)
and Current Block as of time of this post is 37848.
Can someone explain what is going on?
did you take into account the block halving that happened a week after release?
Thank you for pointing that out.
As of now it's 37999 blocks.
And first week blocks would be 20160 (approx)
20160x4.5k=90720k
17839x2.25k=40137.75k
Total of 130857.75k
We are almost there?
Thanks again.
Re: •[ANN]•[GHC] Ghostcoin | Energy Efficient | Unique | Fast | POS/POW Hybrid |
20% of 750M=150M
ramdom block reward of 1~8k would be 4.5k ave.
4.5k/150M = 33333.33(repeated)
and Current Block as of time of this post is 37848.
Can someone explain what is going on?
ramdom block reward of 1~8k would be 4.5k ave.
4.5k/150M = 33333.33(repeated)
and Current Block as of time of this post is 37848.
Can someone explain what is going on?
Re: •[ANN]•[GHC] Ghostcoin | Energy Efficient | Unique | Fast | POS/POW Hybrid |
that's right.
One more interesting factor of it is that since those payments are to be maid through trade,
you can choose to place a buy order at price of your choice rather than receiving payment in GHC at "as of price"
One more interesting factor of it is that since those payments are to be maid through trade,
you can choose to place a buy order at price of your choice rather than receiving payment in GHC at "as of price"
Re: •[ANN]•[GHC] Ghostcoin | Energy Efficient | Unique | Fast | POS/POW Hybrid |
Maybe many of you know about this already, but I thought this was interesting idea.
http://www.cryptoarticles.com/crypto-news/2014/3/18/blackcoin-multipool-an-innovative-view-by-soepkip
multipool that pays by GHC (via trade) after PoW period is over sounds great idea.
I hope something like this to be available for GHC when that time comes.
http://www.cryptoarticles.com/crypto-news/2014/3/18/blackcoin-multipool-an-innovative-view-by-soepkip
multipool that pays by GHC (via trade) after PoW period is over sounds great idea.
I hope something like this to be available for GHC when that time comes.
Re: [APP] Appcoin - The digital currency for digital products | CLIENT UPDATE!
apparently putting new coins on a exchange isn't what's really necessary.
https://c-cex.com/index.html?p=app-btc
More important things must come first, and appropriate consequences will follow.
In fact all of the exchange places handles BTC without being asked to do so.
https://c-cex.com/index.html?p=app-btc
More important things must come first, and appropriate consequences will follow.
In fact all of the exchange places handles BTC without being asked to do so.
If all our deposits are to be reimbursed, the only way to know exactly the correct amounts for
all deposits is to rewind the all trade back right?
Back to when everything was normal, safe, and working order.
I suppose log file of a sort exists to make this possible, but
pointing to the exact "time" seems very difficult.
I wonder how this is going to be managed.
all deposits is to rewind the all trade back right?
Back to when everything was normal, safe, and working order.
I suppose log file of a sort exists to make this possible, but
pointing to the exact "time" seems very difficult.
I wonder how this is going to be managed.