whats the max number of pow blocks?
88900 |
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Well, here is an update before I head to bed, Hopefully this will prove those app screen shots in the OP aren't just to make it look pretty and there is actually an app being developed. API server is setup, you can see me changing the SQL database the app is accessing. I have added in the ANPR and QR scanner modules and tested they activate on call, but I need to get a Android phone for Dev purposes or a webcam before I can enable and test their full functionality. https://youtu.be/uU3YbzeJZpMComments on the design would be appreciated as I am not 100% happy with it, but will work on functionality rather than attractiveness at the moment. Wow looks good id say this one is definitely overlooked at the moment. In the meantime ill be buying/mining. Thanks, here is another quick one (last one for a while): ** Video updated http://youtu.be/rpOS8Ye5rqk QR Code sets server and ID which then makes a call to the server and gets car park information then the tariff. tariff is then displayed as buttons and Car Park name is displayed, pretty simple from there, afterall the app is only going to receive "dumb" json strings Getting the server to issue the correct json strings at the correct times and the wallet integration will be abit more complex |
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Well, here is an update before I head to bed, Hopefully this will prove those app screen shots in the OP aren't just to make it look pretty and there is actually an app being developed. API server is setup, you can see me changing the SQL database the app is accessing. I have added in the ANPR and QR scanner modules and tested they activate on call, but I need to get a Android phone for Dev purposes or a webcam before I can enable and test their full functionality. ** Video updated http://youtu.be/rpOS8Ye5rqk Comments on the design would be appreciated as I am not 100% happy with it, but will work on functionality rather than attractiveness at the moment. |
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Op, about your wallet. does it stake automatically upon opening? how many coins need to be in the wallet for staking to start?
1 coin is the minimum, If the wallet is unencrypted it will stake automatically, if its encrypted you need to unlock it for staking first. |
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I am sure Geocoin doesn't have the same plan as me, and therefore doesn't need such a big premine.
Come back in say 6 months and I will show you a successful coin with a 20% premine, it will be called ParkByte and you will probably use it to pay for parking.
"Please note, there are no partnerships/contracts/support at this present moment from any parking related company and I do not intend to build a $100k backend system; that will be for the marketplace/parking companies to build." That was put there because in the Pre-Ann someone kept asking about seeing signed contracts and how do I intend to build a system that would cost $100k to build an alpha version It is true, there is no need to build a $100k backend system when current parking operators have systems already in place, and the idea of the ParkByte app is so they can integrate it into their existing webservices. However, there will be a basic system built, it just won't cost $100k. If you aren't building the backend, can you at least elaborate as to why you "need such a big premine"? That information will come later on when I have actual information to give. |
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Escrowing the premine although sounds a good idea, the only person I trust with 2m PKB is myself (like most people would)
There is no reason for anybody to trust you with 20% of the coin supply. Good luck... Crypto is full of great ideas that are destroyed by greed. Agreed, there is no reason for anybody to trust me with 20% of the coin supply, never said there was, I will rephrase it to as most people would only trust themselves with 20% of the coin supply.
If you think every coin that has a premine is a scam then I do believe you are wasting your time here in the altcoin announcement section, especially in a thread that clearly states a premine in OP and PRE-ANN.
I never said that, so don't put words in my mouth. How about you go back and actually read what I said. A 20% premine is a lot more than, for example, the 0.5% premine that Geocoin has and is doing amazing developments with. Name one successful coin with a 20% premine. I'll be waiting. I am sure Geocoin doesn't have the same plan as me, and therefore doesn't need such a big premine. Come back in say 6 months and I will show you a successful coin with a 20% premine, it will be called ParkByte and you will probably use it to pay for parking. |
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I suggest to do the following two steps in order to let the coin survive:
1) change the algorithm from sha256 to X11, X13, etc.
2) increase the amount of coins. 20% premine is not acceptable for most miners. increase the total amount to 100 mln or 1 bln and you have 2% / 0.2% premine.
Suggestions taken onboard but I don't see the benefit of changing the algorithm nor do I wish to decrease the premine percentage, it is 25m Max coins/10m POW and 2million/20% of the POW/8% premine for a reason Decreasing the premine %age for the short term benefit to keep day traders happy would be damaging to the long term plan of this coin, a plan which will become clear later down the road. |
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-snip- Yobit now hosting many releases.  Yes (Thanks Yobit!), and the PKB market looks like it doesn't really know where to sit.... oh the premine uncertainty. Sorry, I have to joke as without any pumping announcements and this having a visible premine (unlike the many no (hidden) premine coins) this thread is getting depressing  I think you're gonna have to forge ahead with development, establish the network, and escrow the premine you don't have to spend directly on development in order to build any value into this coin. Promises definitely don't cut it. I support the concept though, and as long as it looks like you're working on something, I'll continue to support the network with mining. There is nothing I can say about the premine other than to take the comments as they come and carry on with development, getting something tangable to give the coin some value. Words, "respect" and hype shouldn't build value into a coin, that is where people lose money everyone who has a little respect and can give a coin abit of hype, has a coin, which has no real-life use and they turn into pump and dump coins. Escrowing the premine although sounds a good idea, the only person I trust with 2m PKB is myself (like most people would) Thanks for your support, I will try to give updates on the development progress but they will be boring until I have something to release  |
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-snip- Yobit now hosting many releases. Yes (Thanks Yobit!), and the PKB market looks like it doesn't really know where to sit.... oh the premine uncertainty. Sorry, I have to joke as without any pumping announcements and this having a visible premine (unlike the many no (hidden) premine coins) this thread is getting depressing |
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Thanks for the posting about the state of things, hope you can get some input from the smarter ones here about the code ideas. You're welcome, The codes posted are pretty much just json strings, these will trigger different pages/functions in the app and controlled by the provider. The app is trying to be as generic and open ended as it can be, so hopefully adoption will happen easier and quicker than the "other companies" going it alone. |
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How come only three pages and where is the dev?
Dev is here, there are just no updates or questions. 2 million premine out of 10 million mined... wtf... a joke? I thought this coin was a good idea, but I don't like the idea of being dumped on by the dev. ICOs are better than this shit because at least then you don't have to worry about the inevitable dump to oblivion. You know, you kinda screwed yourself on that one dev. Even with 2 million coins your premine wont be worth shit, because of the 2 million coins... Have you looked at previous projects and how this works? Ever considered trying to find a balance such that you have a smaller premine, but it would actually end up being worth more than this 2 million bullshit because people will actually buy the coin? Pretty simple economic concept.
That is for you to decide, it is 2 million for a reason, not dumping on exchanges. 2 million premine out of 10 million mined... wtf... a joke? I thought this coin was a good idea, but I don't like the idea of being dumped on by the dev. ICOs are better than this shit because at least then you don't have to worry about the inevitable dump to oblivion.
Unless the block explorer is rigged, the premine still intact. Mined this one at launch and it is currently looking like a mistake. The verdict still out there though - dev needs to be as active (or more) as he was when he was laying out the plan. PREMINE ADDRESSES (500k IN EACH) PJKXPSsTfVHYY7N8MHuL9ADhAf3GN6o4wG PWmTEu9Zo2Zt8qP52Tc7vgo2S3bWjjf7Vc PGSQCZmNzvK3ivwb6D34asA4EcFsDxcYiB PWiU7CM9xPkjU3ewxeTd81J4gpbrZqVA4r Block explorer is not rigged, I have PM'ed cryptoID on here at launch about putting it on there but there is no reply. I know its always better on a third party. As for being active, I have been here pretty much most of the day, there were no posts except another "premine is too big" and there are no updates. -snip-
It might be intact now (it should be considering how recently the coin was launched, and because the dev will no doubt want to string people along and raise the price of the coin before cashing out, also he needs a lot of volume to sell it- another disadvantage of a large premine with small unit value), but the point of a premine is to sell it at some point...
My point is, this is a self-defeating premine. Dev makes a big premine because he wants moar money but a big premine will prevent the coin from being worth jack shit so in the end he will get less money...
Price can go down to 1sat, I don't mind. The premine won't be moving and wasn't created to be sold it was created for development. If you think every coin that has a premine is a scam then I do believe you are wasting your time here in the altcoin announcement section, especially in a thread that clearly states a premine in OP and PRE-ANN. You are right, I want more money to do that I want this idea to succeed and it to be worth atleast the same as that XPY crap. |
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New Pool Created ParkByte PKB @ http://raq2.com payments are sent out every 10 to 20 minutes after confirmation. Point your miner to stratum+tcp://raq2.com:8043 and use your PKB coin wallet address as your username, any password will do. 1% fees  Thanks link added to OP and website |
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Thanks that was fast! Added to OP. MAC Wallet added to OP |
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~60day POW SHA then 100% POW Not sure I get it.. saw that in the title. Did you meant PoS? lol He means that: 60 days is too long to mine, coin'll be dead till pow ends. He meant a typo in subject on OP, but I see what you mean 60days is along time. If it was 7days, 14days, 30days, 45days etc it would of been too short/too long, it is impossible to please everyone. coin will be dead cause of roadmap.. 0 improvements for more than 60days  What improvements would you like within 60days, I am open to changing the roadmap, the improvements must not sound too good to be true because that would just attract comments saying "pump and dump/scam etc" and they must be do-able within the 60days. |
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So, please explain why someone would use fiat money buy BTC to buy PKB to pay for parking when you can just pay with GBP or other fiat money? Also, how will the integration with ANPR work? This is just fantasy to make it look fancy, the ANPR systems in the parking garages are run by different companies and in any case, how would you communicate with the ANPR. These are closed systems...This will simple never work and even if it did what is to stop some other company doing the same using BTC which is already known? Are you planning to patent this "so called" technology...
With the pre-mine I would suggest this is a scam pump-n-dump scheme
Because fiat is not crypto, you cannot make a fiat transaction as fast as crypto and fiat transactions usually cost a lot to process. You seem to have over thought the ANPR part, this is only so user takes a picture of their number plate it converts it to text, see https://code.google.com/p/android-anpr/Here is a copy and paste from the PRE-ANN regarding using BTC/Other companies. Well there doesn't need to be a new coin, and there would be nothing to stop them doing it for bitcoin.
I do see a few benefits to using an alt coin rather than bitcoin.
TX Fee BTC its 0.0001BTC, PKB will be 0.00001PKB (unless 1PKB=1BTC this is a generous saving for 1000's of daily micro payments.)
Block times, PKB will be 1minute compared to bitcoins 30minute block
Users can stake their coins and earn interest on their parking change
Bitcoin doesn't have a specific target market, even though it will probably always be the leader of crypto it does have a bad image for its uses. ParkByte is specifically targeted at parking, not drugs, not anonymity and not to avoid the alphabet agencies' eyes.
Maybe just maybe Parkbyte *might* be less volatile |
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Hey dev, fyi the title reads "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POW"
i think you meant to say "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POS"
Thanks changed Also you should mine to a different address to keep the books clean
post the pre-mine address on the ann with big letters
I will be moving the premine to cold storage, probably splitting it in 500k's I will post these addresses on the OP and website. Do it before an exchange lists the coin please. We have every right to be paranoid about this stuff. Good luck. Gonna split the coins now to these addresses.... PJKXPSsTfVHYY7N8MHuL9ADhAf3GN6o4wG PWmTEu9Zo2Zt8qP52Tc7vgo2S3bWjjf7Vc PGSQCZmNzvK3ivwb6D34asA4EcFsDxcYiB PWiU7CM9xPkjU3ewxeTd81J4gpbrZqVA4r |
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Hey dev, fyi the title reads "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POW"
i think you meant to say "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POS"
Thanks changed Also you should mine to a different address to keep the books clean
post the pre-mine address on the ann with big letters
I will be moving the premine to cold storage, probably splitting it in 500k's I will post these addresses on the OP and website. |
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Waitaminute. We're pool ops just bitching about a 3% premine from a Hero members Mold coin,
yet 20% premine from this clown is perfectly acceptable? What am I missing here?
Not condoning the premine just saying its 20% of mineable coins but only a mere 8% of total estimated supply  20% at end of 40 days, have fun mining 90 coins per block and 20% staked is still 20% not that you will ever reach that cause this will be dumped at 80%/20% premine ratio lol huge premine gtfo
Dev,
Seriously consider burning most of the premine to normal levels. Will be much easier to get miners and exchanges.
If I was going to burn them, I wouldn't of created them. I expected these premine comments, I announced premine in PRE-ANN. I have put up block explorer at launch (I will be paying for it to go on CryptoID). Its pretty simple, don't like it, go pick a coin from the other 158 pages of announcements. I have no intention of dumping any of the premine for a quick buck. Getting miners doesn't seem a problem diff is about to hit 10mill Exchanges will yet to be seen, but I don't see a problem with it |
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