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41  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots - Cryptsy | Fork 9/19 | Scrypt | Introducing Reward Reduction on: November 10, 2014, 07:30:35 PM
Hello, how's doing?

UPD: i see.. 56 satoshis. Hmm. Interesting - why?
42  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [SPOT] | SUCCESSFUL FORK COMPLETE - On CoinPayments.net/Cryptsy/Coins-e on: October 20, 2014, 09:37:03 PM
So what is the consensus of what happened to this coin?

Dev fled without delivering on promises?

You'll be happy to know he's already created hardware for his new coin.

As i know, cryptsy updated their wallet and coin is ok.
What hardware you talking about? What a coin?
43  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Androids Tokens v2.0 [Proof of Stake] HARDFORK at block 100,000 ! on: October 08, 2014, 01:28:22 PM
Crazy bot/trader? Bought 4.66mil then after a few seconds sold the same amount...

2014/10/08 16:16:01   ADT   LTC   S   0.00000011   3524011.05542442   0.38764122   4664089.24744437   0.52445060
2014/10/08 16:16:01   ADT   LTC   S   0.00000012   1140078.19201995   0.13680938   1140078.19201995   0.13680938
2014/10/08 16:15:41   ADT   LTC   B   0.00000013   4664089.23844236   0.60633160   4664089.23844236   0.60633160
44  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots - Cryptsy | Fork 9/19 | Scrypt | Introducing Reward Reduction on: September 28, 2014, 06:53:59 PM
LOL. sent ticket too, maybe this helps a little

PS: just saw in history that today appeared new big buy order then disappeared. 200k. WIW?
45  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots - Cryptsy | Fork 9/19 | Scrypt | Introducing Reward Reduction on: September 21, 2014, 10:22:01 AM
Whats the website?

First message of this topic, "Environmental features".
46  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots - Cryptsy | Fork 9/19 | Scrypt | Introducing Reward Reduction on: September 20, 2014, 04:08:52 PM
2.  You both have not upgraded - You will get coins credited right away, but when they upgrade the wallet and reconcile the balances your account will have negative SPT.

LOLOLO
As i know because of few situations - they are not reconciling balances. They are crediting and debiting when in/out transaction happens. They never check real balance.
That's why not any coin added to balances on POS coins or stakes.
And about cryptsy's support - i have 7 different support tickets at four accounts lying there not weeks but months. Oldest support ticket age for now is 5+ month. Posting them new messages regularly, each 2-3 weeks - no reaction. And this is about sensitive amount of money/coins.
We decided ~9month ago that cryptsy is a high risk exchange (near scam for us). That's it. So we don't have too much coins at their exchange. Just about 16-18 btc total. In past we hold/traded about 100-150btc. No more trust to them.
47  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots - Cryptsy | Fork 9/19 | Scrypt | Introducing Reward Reduction on: September 20, 2014, 12:21:24 AM
MrData, how about maximum prize (how much money @wallet) information at your site?
AmericanComputerNerd, we are on the 24 spt/block now or no? Just looked at cryptsy and found sells with 48 x N (1..m) coins. Or it's just a someone's bot try to mimic autosells?
48  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots - Cryptsy | Fork 9/19 | Scrypt | Introducing Reward Reduction on: September 18, 2014, 06:18:00 PM
I didn't clicked at all. When i decided to vote for something - then i recieved "no poll or poll closed"... Exactly when i decided to vote.
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots - Cryptsy | Fork 9/19 | Scrypt | Introducing Reward Reduction on: September 16, 2014, 10:42:47 PM
I'm thinking about question in the poll. Didn't find an answer for now. Sad Dilemma.
50  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots - Cryptsy | Fork 9/19 | Scrypt | Introducing Reward Reduction on: September 16, 2014, 02:13:23 AM
They are mostly always somewhere in other galaxies and not answering. It's a cryptsy (c)
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Androids Tokens v2.0 [Proof of Stake] HARDFORK at block 100,000 ! on: September 16, 2014, 12:33:18 AM
which morning?Smiley

https://bitcointalk.org/index.php?topic=276884.msg5150021#msg5150021

Deja vu. Smiley))))
Look at the date of my post, look at other messages in reply to my message. Funny.
52  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots - Cryptsy | Fork 9/19 | Scrypt | Introducing Reward Reduction on: September 12, 2014, 03:01:08 AM
Fine.
Please add .rar/.7z archive with winqt .exe (there is nothing to install but some people didn't like any unneeded actions in software, like me... i'm installing at main machine only software that can't run without full installation) Smiley If you have 3 minutes to pack all .exe/.dll Smiley
53  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots Thread - ScryptN | Cryptsy | Silver / Gift Card Stores on: September 10, 2014, 07:09:51 PM
Is this a new concept, or have other coins done it?  You should name it if it's a new concept.  Do you want to call it "smooth reward reduction"?
Never seen this before and don't understand why noone did this before.
As you wish. You can call it as you wish.

Ok, I've implemented an algorithm based closely on that formula. Block reward starting with 24 reducing by 5% every 48k blocks then rounded up to the nearest 0.25 SPT. Eventually bottoming out at a block reward of 4.5 SPT.
With this params i have bottom at 4.75.
54  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots Thread - ScryptN | Cryptsy | Silver / Gift Card Stores on: September 10, 2014, 06:04:44 PM
Played a little with numbers and decided that good combination will be 0.95 (95%) of previous reward each 48k blocks with ceiling to 0.2. First graph is reward after block #, second graph is reward after passing of #days (beginning from reward 24spt/blk).
As you can see from this pics is that 12.2spt/blk (~half of 24spt/blk) will be at block #946'000, after 429 days from first 24spt/blk.
6spt/blk will be at block #1'858'000 - 971 days from first 24spt/blk.
And minimum block reward will start at block #2'386'000 after 1286 days from first 24spt/blk and will never decrease.
If you want .xls of this data - write me pm with your email, i'll send it.
55  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots Thread - ScryptN | Cryptsy | Silver / Gift Card Stores on: September 10, 2014, 03:13:30 PM
This algorythm will prevent sharp reward drops. And this of course will prevent situation when most of miners will out when "next" halving occurs. Decreasing of reward in this algorhytm will be semi-smooth and will better effect at mining and trading. And i don't think it's so hard to program such algo. Once i saw bitcoin source and read this reward halving block. That was a simple code. Adding some formulas will increase code by 10 lines maximum.
56  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots Thread - ScryptN | Cryptsy | Silver / Gift Card Stores on: September 08, 2014, 04:56:49 PM
Halving after 11 mill and decrease to 0.95 (0.90 or 0.92) every 11 mill or every 1 year? 11 mill is better.
If it is doable and is not difficulty - let's decide this!  Cheesy

No. Halving @11-11.5 mil because it's simplest thing now and will give some time to update wallets at exchanges.
After that i think reward algo must be changed to smooth decreasing.

For ex.:
0-11mil spots: 49/48 (before and after first fork). This will be ~226k block.

Here are two examples, first is 95% after each 16k blocks with ceiling to 0.25 (after 224k blocks next reward will be 24.75 spots, little more than a half of 48 spots block, next "halving" will be after 256k blocks), second is 90% after each 32k blocks with ceiling to 0.1 (after 224k blocks next reward will be 23.2 spots, next "halving" will be after 224k blocks) and so on. This is just example what can be if this algorithm is used. But we decided to divide block reward soon, so this calculations will start from 24 spots/block. Because of ceiling (to 0.25 up or to 0.1 up in this examples) after some time reward will not be decreased and will flow constantly

NowReward after decr., ceil(95% of prev., 0.25)Decreasing after +blocksNowReward after decr., ceil(90% of prev., 0.1)Decreasing after +blocks
4845.75164843.232
43.53238.964
41.54835.196
39.56431.6128
37.758028.5160
369625.7192
34.2511223.2224
32.7512820.9256
31.2514418.9288
29.7516017.1320
28.517615.4352
27.2519213.9384
2620812.6416
24.7522411.4448
23.7524010.3480
22.752569.3512
21.752728.4544
20.752887.6576
19.753046.9608
193206.3640
18.253365.7672
17.53525.2704
16.753684.7736
163844.3768
15.254003.9800
14.54163.6832
144323.3864
13.54483896
134642.7928
12.54802.5960
124962.3992
57  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots Thread - ScryptN | Cryptsy | Silver / Gift Card Stores on: September 07, 2014, 09:56:27 PM
This will lead to another problem in future if dividing will be each 11mil spots. Divide by blockcount.
And why you all rejecting smooth division by 5-10% of previous reward?
58  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots Thread - ScryptN | Cryptsy | Silver / Gift Card Stores on: September 07, 2014, 07:54:25 PM
Maybe change standard "halving" to other algorythm, new, and smooth?
After 11 millions spots divide block reward by 2 and then each 20-50k blocks change reward to 90-95% of previous reward (ceil to 0.25spt)?
59  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots Thread - ScryptN | Cryptsy | Silver / Gift Card Stores on: September 06, 2014, 05:33:00 PM
go back to regular scrypt
then it will be beaten by multipools + ASICs...
60  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SPT] - Spots Thread - ScryptN | Cryptsy | Silver / Gift Card Stores on: September 06, 2014, 04:31:31 PM
OMG. Under "until other 2-3" i mean "while other 2-3"... English is not my native language but russian (and ukrainian, but now i wish to forget this, no more ukraine to me because all ukrainian symbolic etc are fascist now).
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