Sorry, I forgot about this post. Yes, fixed in 42.

I like poloniex, but this is ridiculous.

MAX_MONEY and the line of range code is for transaction consistency checking.

If these lines are worrying, just contact the devs and sort it out before causing yourself major embarrassment.

The maximum PoW money is determined from GetProofOfWorkReward, period. End of story. Fini. That's it. Yadda yadda.

And plenty of coins have overlooked that issue.

I even made a post about this for 42 a while ago (and talked about MAX_MONEY as well):

https://bitcointalk.org/index.php?topic=444775.0

Does this include EBT payments? I've got my miner tuned and have been hashing it for about a day and a half, but haven't seen a payout during this time.

Me too. I started hashing less than 24 hours in.

If you look at the price charts on poloniex, EBT is one of the few coins that have kept its value consistently over time. Most coins go on a steady decline, but if you take EBT prices and exclude just the initial pump at poloniex, you'll see that it has been a good buy. About the only people who would have lost money are speculators who bought at the top of the poloniex peak. We've all done that at one time or another.


The first peak after the initial pump (which should probably be considered part of the pump) was about 49 sat and the prices have been moving towards having a floor at that peak.  If price data were taken prior to the pump (from another exchange), then EBT would would look phenomenal on a price chart.

Also, look at the posts by the devs. They clearly care about this coin and keep it under constant maintenance and add constant improvements. What other coins have this kind of developer presence right here in the midst of the community? There have never been any truly forked block chains and any and all problems have been fixed very fast, if you look at the previous posts here.

And it looks like the devs have plans as well if you read the thread. Of course they won't say what the plans are.

This coin is even the payout coin for gagapool.pw. When I get my miner configured correctly for it, I'll be hashing it 24/7 for EBT.

This is definitely one to have some stake in.

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[addendum]

Here are a couple of coins based on the same concept (quick PoW phase followed by pure PoS):

Mint over the same part of the life cycle (starting at the first bounce and excluding the initial pump):



Cash (Poloniex data only, starting at the first bounce from cryptsy, excluding the initial pump)

I'm going to set up for gagapool tonight. Don't take it down! Hashes are coming!!!

This coin needs to be added to poloniex voting. It's my favorite exchange.

https://poloniex.com/voting

That's awesome! We can now PoW mine for EBT again!

Whatevs.

1. Truly, COMMUNITY, I admire your conviction to this coin, but it is misguided because the surplus is misguided.
2. I'm done here. I've done my job. I've gotten the devs to admit to an effective 8% premine. If that doesn't bother you, nothing will.
3. Since burning the surplus is off the table, I'm not going to offer any help to this coin. I'll come back to taunt you when the next 40% increase to the money supply is implemented to fix problems created by the security hole. On the upside, some devs will make some money off the bagholders.

8 million is an 8% premine.

Any coin that began with an 8% premine would be dead in the water, so YES, it is affecting the trading price.

You can start by burning the 8 million.


edit: And explain exactly what happened to the other 36 million.

edit2: 8 million is an 8% premine.

A. That's a false choice because you don't know what the price would be after being delisted from mintpal.
B. I would choose the latter to avoid a precedent of bailouts of central parties.

A coin with a previous money supply of 60 million suddenly has 40 million new coins that went straight into circulation? No way. The devs are sitting on a good fraction of that 40 million. It's too late to get money back from Bear Stearns I mean mintpal. But the remaining coin from that 40 million should be burned. Then, any unclaimed coin from the swap should be burned after a certain amount of time.

Crypto is all about proof. Burn the coins and prove no one got them for nothing.

Your money just got devalued by 40% and you say "big deal"?

Who is living in a fantasy world?

How could the old wallet be parsing the new chain?


There is a deeper issue here, one that relates to the plan to "secure" the network.

Here, how's this for some help.

Go back and read mymenace's log file and then meditate on this picture for a few minutes:

No mintpal would rather the users not get their value back. That's mintpal's responsibility. It's not the responsibility of the other users to reimburse those who have lost money at an exchange. And was that really 67% of the coins? Really? I call BS. Someone got a lot of C2 for nothing and it needs to be burned. This reeks like big banks and government bailouts on the backs of taxpayers, and bonuses for the robber barons who pulled the strings to make it happen.

I'll help if there is some plan in place to reduce the money supply closer to what it was. If that plan continues to meet resistance, I'm not going to help.

That's all you needed to post.