Coin supply in Talkcoin
Coins supply is different in Talkcoin because as an App coin, TAC is constantly created and destroyed to power the communications functions.
Talkcoins are created through POW, and removed from circlation through communications and voting, there is no fixed limit on supply.
All TAC spent on chat and voting are destroyed by being sent to the genesis block where they are unspendable.
So this means the total number of created TAC is NOT EQUAL to the number of TAC in circulation.
That's great Andy. This should be in the main thread. Thanks. Is there a place where we can see how much is the real number of TAC coins out there ? It will be also a good idea if you can give that info to sites like coinmarketcap - this way they will be showing accurate information. This could have real impact on the price as if like the true coins are 1m less this is huge. I agree this is a pretty important point. Please dev's answer this when you get online  Thank you ! |
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Coin supply in Talkcoin
Coins supply is different in Talkcoin because as an App coin, TAC is constantly created and destroyed to power the communications functions.
Talkcoins are created through POW, and removed from circlation through communications and voting, there is no fixed limit on supply.
All TAC spent on chat and voting are destroyed by being sent to the genesis block where they are unspendable.
So this means the total number of created TAC is NOT EQUAL to the number of TAC in circulation.
That's great Andy. This should be in the main thread. Thanks. Is there a place where we can see how much is the real number of TAC coins out there ? It will be also a good idea if you can give that info to sites like coinmarketcap - this way they will be showing accurate information. This could have real impact on the price as if like the true coins are 1m less this is huge. |
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Btw is it known what are the next steps for TAC ? Like a road map etc ?
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The coin looks good as it is using NIST5. However i do think that respect should be given to the original NIST5 coin that actually has so much innovation in it ( talk coin ). After all even the miner posted in OP for AMD is named "talkcoin-miner"... I will be keeping an eye on this coin, hope it goes well. |
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I can't believe this clone coin get more attentions than us because they have huge 19.2% premine. Should I fork Talkcoin and premine 50% and do the same ? Instantly rich. They even get to CoinSource site: http://www.coinssource.com/icebergcoin-fairdistribution-latest-miningalgorithmI have posted this on the news site, but I'm pretty sick with this. Could anyone from you continue to spam them for me? Thanks. " IcerbergCoin’s development team on their new algorithm, NIST5: " ?? Sorry but where did you get this information from ? Talkcoin is the first coin which implements NIST5 https://bitcointalk.org/index.php?topic=619210I still haven't seen the IcebergCoin's source but I bet that we will find a lot of traces from Talkcoin there. Talkcoin implements a lot of new things like NIST5 and difficulty adjustment algorithm Talk Gravity. I guess this is normal ... the new "hype" coin gets the attention. But this could be good for Talkcoin as the NIST5 will get more attention ! We should just do some advertising in the same time. |
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Updated settings now 500kh/s more! 8.4mh/s!!!! Also included bins and cl files if needed. Send me your comments, let me know if you find better settings or how well mine worked for you! thanks again for the support! Also dont forget about TAC rentals guys: http://bit.ly/1jZnhJKRegister here to help me out: http://bit.ly/1q7SZKZGood for monitoring rig hashrates, great renters (almost never have problems). failover for cudaminers and outstanding support staff. Awesome service all around! Even if your rig is listed at a crazy high price you are still showing your support for tac. More rigs listed on the Nist5 page shows that TAC has support. MRR will see this and help promote TAC and Nist5. As time goes on if new coins start taking on Nist5 more then it will increase TAC use and rentals! If you get rented for more then TAC is worth then you can just BUY MORE TAC. Win win for TAC. List now! How about best settings for 7950 or 280x ?: ) I am mining TAC with all my rigs and am not thinking about selling |
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Dont be greedy guys vote 50 reward, lets get the price down to 1000 sats so everyone can own a lot
Hopefully miners arent greedy and they help sell those 125k tacs created a day to the buy orders and not dump it at the first sign of rising
hmm why is it a good thing for the price to drop ? I mean, talk coin's marketcap is like 200btc's at current price's which seems pretty undervalued, so i do not fallow you ? This coin needs a dedicated community and dev. I am joining the community for sure  |
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I think i got it working yeey, will give it a try and mine some. I hope the dev is still active and has plans for the coin Yeah we are all active. Our team grows and we have a few talented developers more to join the team. Myself not included.  We can expect huge updates from official announcement next week. Regards, Aizen Sounds great, well i am in then  just have to configure my rigs now ... hehe |
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I think i got it working yeey, will give it a try and mine some. I hope the dev is still active and has plans for the coin |
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Hey all, i am new to this coin and to the NIST5 algo. It looks very nice and i would like to mine it. But i just cant get my fans to show, i am sure this has been answered before but i did not find it in the 20-30 pages i managed to read. If anyone can help me, i will really appreciate it , thank you !
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well, yeah , looks like a shit coin ...
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How is the marketing going guys, the rest looks great as usual |
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I guess that THIS is the definition of "shitcoin" ... cant believe so many people are still mining this piece of crap.
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Hmm a lot of unconfirmed at dedicated, is this cuz of the 510 coins to block maturity ? Hope everything is fine there |
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I think we need a bit more marketing, dev's are you thinking in that direction ?
Do you have any ideas? Well, i did not spend much time to think about that but basically the standard stuff. Getting some attention on reddit, constant advertising to the LOL community, maybe a bit facebook etc. But not just random posts etc, pretty much a few people to do the job all the time with a fund from donations etc. |
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I would like to set up a couple of nodes too but i have no idea how. If some one can make a "hot to set up xc nodes for dummies " guide it would be kinda great |
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I think we need a bit more marketing, dev's are you thinking in that direction ?
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i guess thats a stupid question but i will ask it anyway:
I have some lol. Do i automatically get some. I have never used a pos coin yet.
thx
Yes, all you need to do is keep your wallet unlocked and open. Not all the time but lets say you can open it 1 time a week and wait for it to stake. |
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LOL has not only a great strategy but a great community and developers. It is very very undervalued as its marketcap is just silly with 237k. The coin is at least top20 coin and it will get there when everything comes out of beta. I am sure the developers will keep on showing new functions to the coin and make some great marketing that will bring awareness of the coin to everyone who plays LOL. My coins are sitting in my wallet staking, not gonna move them out soon |
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Hm, so when is the halve ?
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