I just got back.
The wallet links, are they still the old ones?
NOPE they are the new V2.1.1.0 OK, I will check later today. I see that HIPOS has been increased at block 40k. This means that everybody needs to get these updated wallets soon. I have to ask Nightz, bumbacoin and jc12345, if they are aware of this update.
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I just got back.
The wallet links, are they still the old ones?
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Been too busy at work, but I see some new graphics here - let me read through properly EDIT: OH, I see a POSEX side project. Interesting
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We have not forgotten. Please be patient
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We hope that the DEV has a few tricks up his sleeve
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Dev had a wonderful website. He just needs a little effort to put this coin on the right path. It is not too late to change things - there are worse scams out there.
At least this DEV has not asked anybody for money?
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I'm Here what do you mean ? How is it fake ? you get 10k % per year now divide that by 365 and thats what you would get a day in % And no you are right amounts under 1 coin will probably take some considerable time to build weight. But again how is it fake you can see the code and the reward system so what is the issue is it because The rewards are too low or ? And HiPoS is HIGH POS coin? right? Why PoW still alive? Change your HiPoS!! That is FAKE!! It's not a HIGH PoS coin!! HiPoS coin is that, i start with 4 CUBE and now i have 29K CUBE.. http://www.presstab.pw/phpexplorer/CUBE/address.php?address=CV5UqNBW9LZN76KsS3KP1rvWxgX8jmuJKpAnd i think people here with only 0.xxx or 1 shit PEX understand like me! Or explain much better on your OP!!!! Yes & Pow is alive as it got re enabled due to coins not being able to stake quick enough due to the low supply and the blockchain come to a pretty much stand still until that update sorted it. You sir are just confusing like really. and a bit of an attitude too. I honestly doubt people are sat around waiting for these stakes off amounts lower than 1. I know I would not be. And notice you started with 4 on cube coins So if we could go back to the start of cube and I send you 0.xxx cube you saying you'd still be where you are now ? nope I don't think so. I get constructive feedback but that is not. . lol... With my 4 cube when i reach the min stake i got my stake at start with the low supply! That is the difference! CUBE is 100% PoS A coin can't be a HIGH PoS coin if PoW still running. POSEX is a HYBRID POW/POS COIN, with some HIGH POS BLOCKS.
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I think it's not like all only PoS coin, because PoW still running and eat all PoS block at 10000% Per Year Just need to check block explorer and check how many blocks are Pos
Could be a good thing at the same time as it will keep the coin supply lower than if everyone was staking and 0 mining. This way the network has support to move along without waiting how long for stakes to come in which eventually should become faster than PoW Also means no stuck chain Chain will continue to move, because everybody wants PEX If nobody POS stakes, then people will POW mine However, if nobody POW mines, then a CLEVER MEMBER will SOLO-MINE ALL the POW BLOCKS, and then he will POS stake them If this coin ever gets neglected, then somebody else will pick up all the rewards. To avoid a single individual picking all the rewards, many people are now still mining POW BLOCKS. This "RAT RACE" will always keep the chain moving Indeed John. And it will be fun and interesting to see how long people continue to mine it as I know when the HiPos rewards are over PoW will probably get you more coins mining vs staking if you do not own a lot. When they stop POW mining, somebody else will always take over, even as a cheap source of BTC. This will also help to maintain Trade volume.
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I think it's not like all only PoS coin, because PoW still running and eat all PoS block at 10000% Per Year Just need to check block explorer and check how many blocks are Pos
Could be a good thing at the same time as it will keep the coin supply lower than if everyone was staking and 0 mining. This way the network has support to move along without waiting how long for stakes to come in which eventually should become faster than PoW Also means no stuck chain Chain will continue to move, because everybody wants PEX If nobody POS stakes, then people will POW mine However, if nobody POW mines, then a CLEVER MEMBER will SOLO-MINE ALL the POW BLOCKS, and then he will POS stake them If this coin ever gets neglected, then somebody else will pick up all the rewards. To avoid a single individual picking all the rewards, many people are now still mining POW BLOCKS. This "RAT RACE" will always keep the chain moving
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Thanks for the Update
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It is up to the DEV, if he really wants this coin to function. He needs to visit this thread and set a COMPROMISE between himself and the members.
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I am not the DEV - I JUST WANT THE COINS THAT I HAVE INVESTED IN TO SUCCEED.
I m tired of having the same experience every time, of Developers misbehaving.
This DEV has launched a coin, with a good website, but there are SERIOUS issues with the premine.
The only way that this coin will sell is if the DEV has some extraordinary technology that will make people to buy his premine.
How will an exchange even list this coin?
The DEV needs to use his premine to HIRE Developers, Coders and Engineers, or this coin is going nowhere.
There is still hope, if the DEV behaves with transparency.
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POSEX is in HIGH DEMAND,
Right now, 10 members are mining POSEX at Tekyboy POOL, with a combined HASH exceeding 70 TH.
With 1 THs you can get about 0.5 PEX every 4 hours. That is about 3 coins per day. If you rather put your effort into staking you can make more than 3 coins per day. There must then also be willing buyers of course. I foresee the free coins becoming irrelevant soon and POW mining to be just a tool to move the chain in case of need. You need to already have coins, before you can POS mint anything. 10000% POS per year = less than 27% per day (because it is compound interest, not linear) The only way that I can earn ~3 coins per day , even in the 10000% hipos stage is for me to already have at least 12 - 15 coins already in my wallet, mature for staking.
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POSEX is in HIGH DEMAND,
Right now, 10 members are mining POSEX at Tekyboy POOL, with a combined HASH exceeding 70 TH.
The proceeds with staking far outweighs the cost of POW mining during this phase tbh. Up to block 20000 it was the other way around with PEX mining even outperforming BTC mining with a significant margin. With 1 THs you can get about 0.5 PEX every 4 hours. That is about 3 coins per day. If you rather put your effort into staking you can make more than 3 coins per day. There must then also be willing buyers of course. I foresee the free coins becoming irrelevant soon and POW mining to be just a tool to move the chain in case of need. It is a bit complicated, this is why I wanted you to calculate the possible money supply at block 200k, neglecting POW after block 20k. POS exceeds POW, only if you amassed and bought coins during the FREECOIN phase The POS is not exceedingly great, people still have opportunity to POW mine, so that they have coins to POS Mine later on. A lot of coins can still be made by POW mining = 19,000 PEX can be POW mined during the HIPOS phase. There is no easy way to get PEX anymore, because everybody is HOARDING.
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In this point,problaby this coin price will be 0.0000001 BTC (aka 1 satoshi) because of the premine. Many exchanges will not accept this coin because of the premine. People stopped mining (from the 1,5 gh/s network,we now have only 18 mhs,maybe the NiceHash people jumped out.) And the coin is centralized in dev's wallet. Basically the coin is going to be dead soon if the dev doesn't make the correct decisions
HASH has gone down, because the first phase of POW mining is over. See the OP. POW mining ended at block 2,500 We are now within the POS mining phase However, we start another phase of POW mining at block 75,000 , which lasts forever, so that we have combined POW/POS mining after block 75,000.
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LOVELY INFOGRAPHICS
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POSEX is in HIGH DEMAND,
Right now, 10 members are mining POSEX at Tekyboy POOL, with a combined HASH exceeding 70 TH.
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