Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: pineapples on November 11, 2015, 12:40:21 PM



Title: QUEDOS - 38million coin premine discussion
Post by: pineapples on November 11, 2015, 12:40:21 PM
the original ANN is a moderated thread and they are deleting my posts
this thread is to encourage discussion of the premine.


https://github.com/QUEDOS/QUEDOS-qt/blob/master/src/main.cpp#L1067



--
int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 50 * COIN;
   
   if (nHeight == 1)
      return 38400000 * COIN;

    nSubsidy >>= (nHeight / 576000);

    return nSubsidy + nFees;
}


edit ---
i have no problem with premines if used well.
discussion on the official thread was curtailed so i posted it here. to facilitate open discussion.

i have no wish to fud. but i did wish to discuss it more.

ad revenue generated from a hefty premine doesnt sound like a totally healthy model.
especially for an anonymous dev.



Title: Re: [QDOS] QUEDOS | P2P Microtransactions | X11, 8 MB Blocks - 38million coin premin
Post by: nikl on November 11, 2015, 12:42:01 PM


moderated thread deleting my posts and has
38 million coin premine for the win

https://github.com/QUEDOS/QUEDOS-qt/blob/master/src/main.cpp#L1067


He writes in OP that it is 50% premined.


Title: Re: [QDOS] QUEDOS | P2P Microtransactions | X11, 8 MB Blocks - 38million coin premin
Post by: Sir_Astral on November 11, 2015, 12:43:27 PM
I like trailer https://vimeo.com/144288232
But premine is big.


Title: Re: [QDOS] QUEDOS | P2P Microtransactions | X11, 8 MB Blocks - 38million coin premin
Post by: pineapples on November 11, 2015, 12:49:18 PM
nice .. 38mill premine

{
    int64 nSubsidy = 50 * COIN;
   
   if (nHeight == 1)
      return 38400000 * COIN;

    nSubsidy >>= (nHeight / 576000);

    return nSubsidy + nFees;
}

or am i readig that wrong?

This is for liquidity purposes with our MyQUE application, to facillitate ad revenue distribution to the top contributors on the network.


thank you for responding. do you have any intention of revealing any team members identities ?


Title: Re: [QDOS] QUEDOS | P2P Microtransactions | X11, 8 MB Blocks - 38million coin premin
Post by: tytanick on November 11, 2015, 01:12:57 PM
my question about 50% premine is was also deleted


Title: Re: [QDOS] QUEDOS | P2P Microtransactions | X11, 8 MB Blocks - 38million coin premin
Post by: ocminer on November 11, 2015, 01:48:33 PM
Yes, it is 50% Premined

{
    int64 nSubsidy = 50 * COIN;
  
   if (nHeight == 1)
      return 38400000 * COIN;

    nSubsidy >>= (nHeight / 576000);

    return nSubsidy + nFees;
}


We mentioned it in the OP

For a complete overview, you can find our whitepaper here (http://quedoscoin.com/wp-content/uploads/2015/11/QDOSWHITEPAPER.pdf), and some trailers here (https://vimeo.com/user45406570/videos).

There are further roadmaps etc to be released







You should not delete every second post in the main thread. It's ridiculous


Title: Re: QUEDOS - 38million coin premine discussion
Post by: tytanick on November 11, 2015, 01:56:17 PM
more he deletes, more it smells like pure scam


Title: Re: QUEDOS - 38million coin premine discussion
Post by: samspaces on November 11, 2015, 03:09:56 PM
On a side note, 50% of 96 million coins is not 38.4 million.


Title: Re: QUEDOS - 38million coin premine discussion
Post by: raetsch on November 11, 2015, 04:14:50 PM
can anybody tell me how the max coin of 96million coins is calculated?

for me it seems, that pow has no end.


Title: Re: QUEDOS - 38million coin premine discussion
Post by: Edkemper on November 11, 2015, 04:28:20 PM
50 % premine used for build app is a bit too much indeed,  but I even know that many coin with big premine got an huge pump too


Title: Re: QUEDOS - 38million coin premine discussion
Post by: dockingtriple on November 11, 2015, 04:58:22 PM
Dev is deleting every post asking about that 50% pre-mine.
And of course, it's not mentioned in op.

Total scam. Just the fact they delete post about pre-mine,it's scam.

Probably they have something to hide....

Suggest every pools owner to remove this coin from theyr pools list.
 


Title: Re: QUEDOS - 38million coin premine discussion
Post by: michaelsss on November 12, 2015, 02:49:34 AM
Dev is deleting every post asking about that 50% pre-mine.
And of course, it's not mentioned in op.

Total scam. Just the fact they delete post about pre-mine,it's scam.

Probably they have something to hide....

Suggest every pools owner to remove this coin from theyr pools list.
 



actually , honest is necessary


Title: Re: QUEDOS - 38million coin premine discussion
Post by: TheInfidel on November 12, 2015, 07:54:03 AM
This was also instantly deleted. My post plus his reply from my inbox.

https://www.virustotal.com/en/file/83abb7b3f28c363924beda4b0fc637f45df05ae20337040276f36ee40a26a756/analysis/

I'll wait a little....

Those are false positives, due to the miner


Title: Re: [QDOS] QUEDOS | P2P Microtransactions | X11, 8 MB Blocks - 38million coin premin
Post by: SalimNagamato on November 12, 2015, 09:51:30 AM
Yes, it is 50% Premined

{
    int64 nSubsidy = 50 * COIN;
  
   if (nHeight == 1)
      return 38400000 * COIN;

    nSubsidy >>= (nHeight / 576000);

    return nSubsidy + nFees;
}


We mentioned it in the OP

For a complete overview, you can find our whitepaper here (http://quedoscoin.com/wp-content/uploads/2015/11/QDOSWHITEPAPER.pdf), and some trailers here (https://vimeo.com/user45406570/videos).

There are further roadmaps etc to be released







You should not delete every second post in the main thread. It's ridiculous

isn't it clear its the MACRO dev ? same premine, same algo, same almost everything, same promo video style
i don't know why you have pool for it


Title: Re: QUEDOS - 38million coin premine discussion
Post by: Sir_Astral on November 12, 2015, 01:53:01 PM
I think it is dead already.


Title: Re: QUEDOS - 38million coin premine discussion
Post by: kevin1234a on November 12, 2015, 02:20:42 PM
{"seed1.cryptolife.net", "seed1.cryptolife.net"},

code is outsourced we all know the capability of DEV


Title: Re: QUEDOS - 38million coin premine discussion
Post by: pineapples on November 17, 2015, 10:19:57 AM

and a trojan as well ?

https://bitcointalk.org/index.php?topic=1248606.0


Title: Re: QUEDOS - 38million coin premine discussion
Post by: BITDV on November 17, 2015, 11:34:24 PM
The dev keeps deleting the posts , QUEDOS is listed for trading on Is trading https://btcpool.exchange/Market?pair=QDOS/BTC

deposits are going in and coins are being list so get trading !!


Title: Re: QUEDOS - 38million coin premine discussion
Post by: tarrier on November 19, 2015, 12:45:41 AM
i got deleted form that post when i said there is a huge premine...