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Showing 5 of 5 results by pharkinops
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Board Announcements (Altcoins)
Re: [ANN][TRAGO] TRAGOCOIN | POW | MN | X16R | MEGA BLOCK | INSTANT & ANONYMOUS
by
pharkinops
on 05/07/2019, 08:14:45 UTC
Better mention this is 3.4% premined.

Premine: 860,000 TRAGO
Total Supply: 25,000,000 TRAGO

https://github.com/trago-project/tragocoin/blob/master/src/main.cpp#L1751
Code:
   CAmount nSubsidy = 0;
    if (nPrevHeight == 0) {
        nSubsidy = 860000 * COIN;
    } else if (nPrevHeight <= 576) { // Day 1  
        nSubsidy = 5 * COIN;
    } else if (nPrevHeight <= 1152) { // Day 2
nSubsidy = 20 * COIN;
    } else if (nPrevHeight <= 8640) { // Day 3 ~ 15
        nSubsidy = 100 * COIN;
    } else if (nPrevHeight <= 9216) { // Day 16
        nSubsidy = 75 * COIN;
    } else if (nPrevHeight <= 9792) { // Day 17
        nSubsidy = 50 * COIN;
    } else if (nPrevHeight <= 10368) { // Day 18
        nSubsidy = 25 * COIN;
    } else if (nPrevHeight <= 10944) { // Day 19
        nSubsidy = 10 * COIN;
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Board Announcements (Altcoins)
Re: [ANN][TRAGO] TRAGOCOIN | POW | MN | X16R | MEGA BLOCK | INSTANT & ANONYMOUS
by
pharkinops
on 05/07/2019, 07:00:59 UTC
No block explorer?

There seems to be a problem with getblocktemplate, needed for pool support.

https://i.ibb.co/qRs1q8V/trago-nogbt.png

Node is fully synced.
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Topic
Board Announcements (Altcoins)
Re: [ANN][PoW][X16R] Zyrk - Pushing the boundaries of blockchain technology
by
pharkinops
on 08/05/2019, 11:16:13 UTC
The problem is the subsidy lacks proper validation.  Seeing how the project is open source, nothing stops someone from changing these values:

https://github.com/zyrkproject/zyrk-core/blob/master/src/chainparams.cpp#L132
Quote
       dynamicRewardSystem = {
            {0          ,   25 * COIN},
            {5     * 1e9,   28 * COIN},
            {15    * 1e9,   35 * COIN},
            {25    * 1e9,   42 * COIN},
            {50    * 1e9,   50 * COIN},
            {100   * 1e9,   65 * COIN},
            {500   * 1e9,   80 * COIN},
            {1000  * 1e9,   95 * COIN},
            {5000  * 1e9,  110 * COIN},
            {20000 * 1e9,  125 * COIN},
        };

to

Quote
       dynamicRewardSystem = {
            {0          ,   2500 * COIN},
            {5     * 1e9,   2800 * COIN},
            {15    * 1e9,   3500 * COIN},
            {25    * 1e9,   4200 * COIN},
            {50    * 1e9,   5000 * COIN},
            {100   * 1e9,   6500 * COIN},
            {500   * 1e9,   8000 * COIN},
            {1000  * 1e9,   9500 * COIN},
            {5000  * 1e9,  11000 * COIN},
            {20000 * 1e9,  12500 * COIN},
        };

and mining 100 times the amount of coins as everyone else.

Making the checkpoint for the premine block would be for your protection and to further validate that everyone is on the correct chain.

Digging further into the code, I have come up with another question.  Is there any plan to move ZYRK to Proof of Stake?
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Topic
Board Announcements (Altcoins)
Re: [ANN][PoW][X16R] Zyrk - Pushing the boundaries of blockchain technology
by
pharkinops
on 08/05/2019, 09:50:16 UTC
Regarding MAX_MONEY:
Here is your code for calculating block subsidy.  There is no logic for reducing the subsidy to zero once 42,000,000 coins have been mined.  'MAX_MONEY' in the code is pretty much used for sending restrictions.  Currently there can be an infinite amount of coins produced.  This needs to be addressed if anyone plans on giving it a monetary valuation.  This isn't limited to this project and is generally overlooked in many coin projects/code.

https://github.com/zyrkproject/zyrk-core/blob/master/src/validation.cpp#L1459
Quote
CAmount GetBlockSubsidy(int nHeight, uint32_t nTime)
{
    if (nHeight == 1)
      return 200000 * COIN;

    if (nHeight > 1 && nHeight <= 250)
      return 1 * COIN;

    int64_t netHashRate = chainActive.GetNetworkHashPS(24, nHeight);

    return Params().SubsidyValue(netHashRate, nTime);
}

Block 1 = 200,000 ZYRK (Premine)
Blocks 2-250 = 1 ZYRK
Blocks 251-Infinity = calculated dynamically

Regarding the Premine:
As a general unwritten rule, you need to make a checkpoint for the premine block (block 1).

https://github.com/zyrkproject/zyrk-core/blob/master/src/chainparams.cpp#L195
Quote
       checkpointData = {
            {
                { 0, uint256S("0x00000d8a24f1303b9d29566987e31c6ec289caa102657dda3a0ce6c4e4993035")},
            }
};
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PoW][X16R] Zyrk - Pushing the boundaries of blockchain technology
by
pharkinops
on 08/05/2019, 08:03:48 UTC
ZYRK
  Premine: 0.5% (200,000 ZYRK) [Fun Fact: 0.5% of 42,000,000 is 210,000]
  Total Supply: 42,000,000 (Not verified in code.  With random block subsidies this seems rather hard to implement.)

I am seeking some transparency (rather than call it a scam) from the developer(s).  There are some definite red flags and before anyone wastes any time, money or power it would be much appreciated if you could fill in some blanks.

1. What are the plans from the premine? _____________
2. How many masternodes are the developers or insiders running? _____________
3. Could you explain in detail the differences between version 1.0.0 and 1.10 and how the block calculations are made (hard fork concerns)? _____________
4. Is the block explorer running properly (as there is some discrepancy in the first block and some transactions don't seem to have a full history)? _____________
      https://explorer.zyrk.io/address/ZD9iWeTdk57VEKNFnkcXU9NidVvnojQ3SU (see "Total Sent" and "Total Received")
      (This happens to be the premine address)
5. Can you verify the total supply amount in code since the block subsidies are random? _____________
6. Has the code base been fully tested? _____________


I'll just leave these here:

Masternodes:
There are six masternodes at of the time of this writing.  I am assuming the majority of them are run by the same people (clearly #1 and #4) given the current block height (2386) and collateral amount (7500).

Masternode #1 [Fun Fact: collateral partially funded by masternode #4]
  Address: XKMk8RoWzHZkN7AuK8758JRDnLLvw5hvrH -- https://explorer.zyrk.io/address/XKMk8RoWzHZkN7AuK8758JRDnLLvw5hvrH
  Balance: 8691.75000000 (Sent: 0)
  Collateral Originated: ZKyEGU7oVBeiy4qxRbe739N2YhvrKp7Zxe -- https://explorer.zyrk.io/tx/0ebb1d18656aff1d962da46db3e7fb5183c1392af183811b0010b71962161404
                                  XHTTrf9M33C49wZrFKwrYoefzuuo5RNgP4

Masternode #2
  Address: XDUi1SdAg5A5GcKqYsHSPU7oF6oZo3tccY -- https://explorer.zyrk.io/address/XDUi1SdAg5A5GcKqYsHSPU7oF6oZo3tccY
  Balance: 7805.20000000 (Sent: 0)
  Collateral Originated: XLJDcEQqXP53hQTytbSNQt111kS7iakniv -- https://explorer.zyrk.io/tx/b123416a34908001d41c7fa9415fe401e1229c31270db08e32981d9e9388cf89
                                  ZUaXw9KKLEw8YPukvSqqfk6zus6LHfNua8
                                  ZWavqkqugFEcboPRRz8u8WCw3Kh9q8iSi8

Masternode #3
  Address: XGvdye2gtopwPodZa2EeDc6dLKjaxB6bBf -- https://explorer.zyrk.io/address/XGvdye2gtopwPodZa2EeDc6dLKjaxB6bBf
  Balance: 8958.80000000 (Sent: 957.25000000)
  Collateral Originated: N/A (Block Explorer does not show where the collateral originated from)

Masternode #4
  Address: XLJDcEQqXP53hQTytbSNQt111kS7iakniv -- https://explorer.zyrk.io/address/XLJDcEQqXP53hQTytbSNQt111kS7iakniv
  Balance: 8093.95000000 (Sent: 2192.05000000)
  Collateral Originated: N/A (Block Explorer does not show where the collateral originated from)

Masternode #5
  Address: XW9ufqnDdmuC71JAdz3LxiGC3qWxFBhMDs -- https://explorer.zyrk.io/address/XW9ufqnDdmuC71JAdz3LxiGC3qWxFBhMDs
  Balance: 7600.45000000 (Sent: 0)
  Collateral Originated: ZT6viicmwAV9dU79ap59W3487bRuUNAxCK -- https://explorer.zyrk.io/tx/3fcd0a6b81b64a5a7e01bb972c429567cbea4145128cae119be8f20e1fa6e6d4
                                  Zb6uQRbdhKNhRSiEg7hdTnPcJdGgTSqYr3
                                  ZQw4kA8yCCmFzRmKNCruSCwpABMrxvjMw7

Masternode #6
  Address: XBgstgqBBM1JFd57AM3b6UBmDpN2SgRZdV -- https://explorer.zyrk.io/address/XBgstgqBBM1JFd57AM3b6UBmDpN2SgRZdV
  Balance: 10230.35000000 (Sent: 0)
  Collateral Originated: N/A (Block Explorer does not show where the collateral originated from)