I followed, how to get airdrop?  |
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Waiting for pool mining.  |
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Hello, How long to confirm transfer GBX coin to coinsmarkets.com?
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Which exchange do you plan? HitBTC , Bittrex please.  |
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I"m mining XUN I believe this coin so I hope we have a big exchange soon.  |
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Hello Dev,
How to send to coin from old wallet to GUI wallet?
Thanks.
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Looks like block stuck on height : 251 ?  |
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It will increase x10 per month. Guys I noticed a bit of confusion and frustration in regards to the block rewards.
The bitcointalk post and the whitepaper says 150 blocks exceeding and then 150 constant
We need to make it clear guys and this is what I can tell you to make it as clear as possible for you.
The actual block reward is 150 coins per block
Our Lead developer has furthermore implemented a formula which would allow the blocks rewards to increase each month for the 1st 2 years and then go back down to 150 coins per block for the remaining 28 years.
So since it is an automated formula the blockchain will increase the rewards automatically during the first 2 years and then will adjust the rewards to 150 coins constant for the 28 remaining years. When will the block increase or by how much will it increase? We cannot say exactly since we do not control the blockchain and furthermore do not want anyone holding any tiny little details against us and expect a certain exact amount of coins per blocks at any given time.
The only thing I can say and I repeat ''I'' can say since I am writing this post based on my personal understanding from my discussion with the team is that the blocks rewards will increase each month for 2 years before going back to 150 coins for ever at the start of year 3.
this post holds as the clear and honest explanation I was able to get for you guys until further updates. If I am wrong in any case I will apologize and make sure the right updated information is communicated promptly.
I hope this is clear enough to ease the atmosphere around the subject.
Why we decided to do that? Simply because it is better to have a supply curve which adapts to mass adoption.
In the mid to long term we will have a more stable price as compared to a low price and then going up with some down moves. This way we expect price to be more stable or go up in a more linear way while the risk of going down is lower since supply will grow only if mining grows and users community grows.
Thank you very much again guys for your sincere and dedicate support.
XUN team is more very proud to be able to operate with such a supportive environment.
Cheers and Good luck everyone
XUN Team
Thank you for clarifying. While we don't need to get into the technicalities of the block size growth, you still need to offer a rough sense of the growth. For example, is it going to grow by 1.5x? 10x? 100x? Think of it this way: would you invest in Bitcoin if you didn't know how many Bitcoin were going to be minted in the next 2 years? What if someone told you the number of Bitcoin in the next two years would essentially be random, could be 2 million more minted, could be 20 million, could be 200 million. Why would you invest in Bitcoin now, having no idea what the supply growth will be, which will surely affect the price by a lot? In the same way, I have no idea how I can put my money or hash into XUN. If the blocksize suddenly jumps to 15000 next month, I will feel super cheated if all my rigs were mining at the 150 blocksize. Now I know you will probably respond that the change in supply will not be so dramatic as 100x. But the problem is, you haven't really said anything yet about what it will be, you've just vaguely claimed there will be some growth. So if you are sure it won't be 100x, you should be able to give us a rough sense of what it will be. I understand you may not have more information now, so I eagerly await more as I think this is one of the best new CryptoNote coins out there, we just need to know what to expect as miners and investors  x10 per month? I think it's a bad idea, and the price will be very low in exchange. Yeah I agree with you I think 150XUN per block it's good for invest and make price better. |
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It will increase x10 per month. Guys I noticed a bit of confusion and frustration in regards to the block rewards.
The bitcointalk post and the whitepaper says 150 blocks exceeding and then 150 constant
We need to make it clear guys and this is what I can tell you to make it as clear as possible for you.
The actual block reward is 150 coins per block
Our Lead developer has furthermore implemented a formula which would allow the blocks rewards to increase each month for the 1st 2 years and then go back down to 150 coins per block for the remaining 28 years.
So since it is an automated formula the blockchain will increase the rewards automatically during the first 2 years and then will adjust the rewards to 150 coins constant for the 28 remaining years. When will the block increase or by how much will it increase? We cannot say exactly since we do not control the blockchain and furthermore do not want anyone holding any tiny little details against us and expect a certain exact amount of coins per blocks at any given time.
The only thing I can say and I repeat ''I'' can say since I am writing this post based on my personal understanding from my discussion with the team is that the blocks rewards will increase each month for 2 years before going back to 150 coins for ever at the start of year 3.
this post holds as the clear and honest explanation I was able to get for you guys until further updates. If I am wrong in any case I will apologize and make sure the right updated information is communicated promptly.
I hope this is clear enough to ease the atmosphere around the subject.
Why we decided to do that? Simply because it is better to have a supply curve which adapts to mass adoption.
In the mid to long term we will have a more stable price as compared to a low price and then going up with some down moves. This way we expect price to be more stable or go up in a more linear way while the risk of going down is lower since supply will grow only if mining grows and users community grows.
Thank you very much again guys for your sincere and dedicate support.
XUN team is more very proud to be able to operate with such a supportive environment.
Cheers and Good luck everyone
XUN Team
Thank you for clarifying. While we don't need to get into the technicalities of the block size growth, you still need to offer a rough sense of the growth. For example, is it going to grow by 1.5x? 10x? 100x? Think of it this way: would you invest in Bitcoin if you didn't know how many Bitcoin were going to be minted in the next 2 years? What if someone told you the number of Bitcoin in the next two years would essentially be random, could be 2 million more minted, could be 20 million, could be 200 million. Why would you invest in Bitcoin now, having no idea what the supply growth will be, which will surely affect the price by a lot? In the same way, I have no idea how I can put my money or hash into XUN. If the blocksize suddenly jumps to 15000 next month, I will feel super cheated if all my rigs were mining at the 150 blocksize. Now I know you will probably respond that the change in supply will not be so dramatic as 100x. But the problem is, you haven't really said anything yet about what it will be, you've just vaguely claimed there will be some growth. So if you are sure it won't be 100x, you should be able to give us a rough sense of what it will be. I understand you may not have more information now, so I eagerly await more as I think this is one of the best new CryptoNote coins out there, we just need to know what to expect as miners and investors The rewards is 1500XUN for next month? So will wait to next month for mine the coin. |
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Look like block stuck on Height: 2718 ? |
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I'm wating for pool minnig. |
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Hello, How to update the wallet to the new version? I afraid I lose my coin. Thanks.
go to appdata find your innova folder and delete everything except wallet.dat! then just start the new wallet qt you that you can download on their github. wallet.dat is the file that gives you access to your coins, make a bakcup of it somwhere. @rptr Thank you so much. |
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Hello, How to update the wallet to the new version? I afraid I lose my coin. Thanks.
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Just reset block and fix everything I forgive for this situation then call my phone I want to mine this coin. |
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Get back soon with a stable wallet |
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