QBK and ABC2 were just added to the Bter voting list.. https://bter.com/votingGive them a vote if you are not too busy  |
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Sorry everyone! Our Dev got back to us on this staking discrepancy....
And all numbers are Annual. Should be 20% Annual Interest and Decreasing each month.... This is not what we wanted from our Developer, but I think it will be best for maintaining rarity in our coin. There was no intent to mislead on our end and we're disappointed that our Dev did not make us aware of this earlier.
thank you for being honest, appreciate it, OP looks accurate now, just checked the source code and it matches main.h static const int64_t MAX_MINT_PROOF_OF_STAKE = 0.025 * COIN; // 2.5% annual interest
main.cpp const int MONTHLY_BLOCKCOUNT = 86400;
if (pindexBest->nHeight+1 <= MONTHLY_BLOCKCOUNT)
{
nRewardCoinYear = 8 * MAX_MINT_PROOF_OF_STAKE; // 8 * 0.025 = 0.2 or 20% interest
}
current block count is 69906 so we are still in the 20% annual interest when we get to block 86401 it will be 10% annual interest Appreciate your input and thanks for posting. Bittzy78 |
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very very honest i like that thanks!!
Be sure to expect a large dose of honesty from your friendly neighborhood ABC dev team at all times. It is kind of what we do. |
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For those interested in transparency (pretty much everyone) I have just updated the breakdown of distribution on the ABC2 OP. It isn't a perfect accounting of the coins, but it will get better over time https://bitcointalk.org/index.php?topic=682939.0Bittzy78 (Not to be confused with a Blitzy78 who roams the Polo troll box) |
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Breakdown of distribution has been updated in the op. |
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This kid bought some ABC2 at 500 satoshi!  That kid just doesn't quit. |
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Just giving a little update on the merger.. We gave Qibuck 120,000 ABC / We got 10,000 Qibuck and 2.5 BTC (for investments) We also have made available 150 ABC for all of 120 of the Qibuck bagholders. The 10,000 Qibucks will not be spent and likewise Qibucks will not spend the 120k ABC We are both now asset backed coins.. There are currently roughly 137k ABC outstanding.. these coins can be used for acquisitions and possibly other mergers. We will keep you informed. Dear ABC Dev Team, How to stake ABC2 coins ? Please show me step by step ! Thanks How to become a Qibuck bagholder ? Please for details . Thanks ! In order to stake ABC all you need to do is download a QT to your computer and have it open. You then need to have a balance of ABC in your wallet. The staking occurs all by itself without you having to do anything. As for becoming a Qibuck bagholder.. Go to their OP and start reading up on how the process works. https://bitcointalk.org/index.php?topic=711987.0You will be verified as a bagholder with this rich list block explorer. http://explorer.qibuck.com/over100.php |
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how many total coins? 675,000?
02:16:02  getinfo 02:16:03  { "version" : "v1.0.0.0", "protocolversion" : 60013, "walletversion" : 60000, "balance" : 72279.80800043, "newmint" : 0.00000000, "stake" : 0.00000000, "blocks" : 65230, "timeoffset" : 0, "moneysupply" : 681924.09669254, "connections" : 6, "proxy" : "", "ip" : "99.99.157.91", "difficulty" : { "proof-of-work" : 0.00540738, "proof-of-stake" : 0.00028726 }, "testnet" : false, "keypoololdest" : 1409508384, "keypoolsize" : 101, "paytxfee" : 0.00000000, "mininput" : 0.00000000, "errors" : "" } |
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(When she says "stakes babies" she is talking about minted coin, not actual babies..Ok, I am going to leave now) |
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The price for ABC might be a little higher in the coming days. |
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Volume and price have gone up since yesterday's merger announcement, now is the time to become a heavy ABC2 Bagholder.. Yup, it has just been about one day since the merger..many happier coin price days ahead for ABC. |
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Payments are going out as promised.. ABC2 Bagbonus payouts to QBK bagholders.. http://goo.gl/R5fX77If you are a QBK BAGHOLDER with 100 or more coins downloaded in your non POLONIEX wallet, please pm me t claim your 150 ABC2 Gift, courtesy of this Team merger. Just send me your QBK BAGHODLER ADDY sow e can verify if through the bagholder block explorer and your ABC2 addy sow e can send you your free gift. Also anyone on POLONIEX Trollbox or anyone wanting to send a note to POLONIEX to add Abundance Coin, please do, as it will help both QBK AND ABC causes combined.. We really wish to sEe ABC2 Traded on POLONIEX. http://goo.gl/R5fX77 - BAGBONUS payout spreadsheet. Only 21 people so far??? Do people not like free coins? Come on bagholders, lets get your FREE ABC! In all seriousness, you now have 120,000 ABC coins as an asset... trading on Polo could make that asset value grow, please contact polo so ABC can get trading. Right now ABC only has 681,000 coins. A rise in price to say 15,000 Satashi would make the asset worth around 18 BTC. Bittzy78 |
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Just giving a little update on the merger.. We gave Qibuck 120,000 ABC / We got 10,000 Qibuck and 2.5 BTC (for investments) We also have made available 150 ABC for all of 120 of the Qibuck bagholders. The 10,000 Qibucks will not be spent and likewise Qibucks will not spend the 120k ABC We are both now asset backed coins.. There are currently roughly 137k ABC outstanding.. these coins can be used for acquisitions and possibly other mergers. We will keep you informed. |
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The decreasing percentage. Is that based off of all coins in the wallet. IE I start with 1000 at 20% and end with idk (math will be wrong here) 3000 will be 10% or is it new coins get 20% and decrease from there? So newly staked coins will always have 20% for the first month.
Ok this was from the dev.. hey! i've checked the money supply and its alright.
Month 1 - 20% Monthly Interest (240% Annual)
Month 2 - 10% Monthly Interest (120% Annual)
Month 3 - 7.5% Monthly Interest (90% Annual)
Month 4 - 5% Monthly Interest (60% Annual)
Month 5 2.5% Monthly Interest (30% Annual)
Months 6-12 1.25% Monthly Interest (15% Annual)
Years 2-4 5% Annual Interest
Years 5-8 2.5% Annual Interest
your interest is monthly, but it stakes on the base of annual staking.I thought the staking was a little wonky myself, by he insists that it is correct. You just have to hold it for a long period of time to realized the full PoS value. |
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Everyone remember to have your downloaded wallets staking ABC.
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I think one of those nodes might actually be incorrect.
I will verify later.
I verified that he node address is correct. It was just down, but is now back up.
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We will get back to everyone very soon on what being an ABC bagholder means.
eagerly waiting how many coins required to be considered a bagholder? read somewhere for ABC its quarterly dividends? also, what is the total coin supply now of ABC? We are going to release the details of the merger very soon. The details will include what constitutes a bagholder etc... Yes, the bagholders will get quarterly dividends based on our holdings. |
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As a 'wedding' gift I am also personally donating 100 HIT shares to the ABC BAGHOLDER ASSET FUND..This is coming from my personal stash..These shares may be worth a lot more than 1 euro each soon. . I will allocate these in a few hours when I come back from errands. Nice wedding gift We will get back to everyone very soon on what being an ABC bagholder means. |
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