Quote from: MsCollec on May 13, 2014, 06:54:42 PM

Mark your calender you don't want to train for the journey of a lifetime....only 1,000 SYNC to be mined and you could be the next millionaire in this synclub by holding 1 SYNC

Specifications
Algorithm: X11
Total coins: 1,000
Proof of Stake Reward: 1% per year
Block Time: 60 seconds
Coin Maturity: 50 blocks
Min Coin Age: 6 hours
Coin Age Maturity: 30 days
Min Tx Fee: 0.00000001 SYNC
Premine: 0.5%

Block Rewards
0.14 SYNC
PoW: 7200 Blocks
THE ONLY COIN YOU'LL EVER NEED

Launch: Saturday 17 GMT 20:30

Hmmm.

block reward   block time   Premine = 0.5 %
0.14   60   5 coins

blocks till whole coin   time till whole coin   Time for total coins mined
7.1428571429    428.5714285714    428571.428571429   seconds
   7.1428571429    7142.8571428572   mins
       119.0476190476   hours
       4.9603174603   days

So if there's only a total of 1000 coins going to be in existence. How is POS going to be possible if all 1000 coin are mined within the 5 days?

Smells to high heaven of SCAM. Also how can you claim $10,000 per coin when coin365 is only ~$600 dollars and 42coin is ~$10,000. That would suggest a value more like $200 max if there was no premine. making that a max marketcap of $200,000 ever.

How do substantiate your claims?

What other coins have you developed?

alcamie

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