Blockchain Height: 121640 new coin ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Struena V1.0.3 releasedStruena Monetary Policy has been implemented after successful tests. Bug fix of genesis issue has been implemented after successful tests. This update contains a soft fork at block 225,000. Pool admins, miners and node operators, must update their node before block height 225,000.Source and binary: https://github.com/struena/go-struena/releases/tag/v1.0.3 great! Wait news about masternodes. You plan to recruit testers for MN? I can take part and have 10k STR ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Masternodes on ethash is interesting project. I'll watch him! Good luck to the developers!
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When we create asic resistence? some asic from monero go to dero! today the network hashrate has increased to 20MH!
answer please ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Is there news about the approximate date of network launch?
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Hello Dev
Are there any plans to wake this up or this project is dead ?
I am also interested in this issue
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march is end. What did you do from your list?
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When we create asic resistence? some asic from monero go to dero! today the network hashrate has increased 2 times!
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very active developers ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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v11.3:
- removed devfee, miner is completely free now. - added "-pow7" option to support Monero hardfork, use "-pow7 1" value to enable it. - reduced CPU usage for systems with a lot of GPUs.
rx550 not supported again? Add rx550 support please!
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any news abot start mainnet?
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BC height at 654k? ANN today?
New coin ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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While I support this project, I do have some concerns...
Firstly, the coin is launching with its own exchange. Is this run by the devs of the coin? If so, are we trading FIAT>Crypto or Crypto-Crypto, and are we trusting our bitcoins to the dev team to hold for us?
Secondly, look at the breakdown of the dev fees across the ERAs.
BLOCK ERAS ---------------------------------------------------------------------------- 5000 - 2,500,000 (ERA0) 8 EGEM Block reward + 1 (ERA0) DEV CUT: 11.11% 2,500,001 - 5,000,000 (ERA1) 4 EGEM Block reward + 0.75 (ERA1) DEV CUT: 15.8% 5,000,001 - 7,500,000 (ERA2) 2 EGEM Block reward + 0.5 (ERA2) DEV CUT: 20% 7,500,001 - 10,000,000 (ERA3) 1 EGEM Block reward + 0.25 (ERA3) DEV CUT: 20% 10,000,001 - 12,500,000 (ERA4) 0.5 EGEM Block reward + 0.1 (ERA4) DEV CUT: 16.67% 12,500,001 - 15,000,000 (ERA5) 0.25 EGEM Block reward + 0.05 (ERA5) DEV CUT: 16.67% 15,000,001+ (ERA6) 0.125 EGEM Block reward + 0.025 (ERA6) DEV CUT: 16.67% (16.67% forever/until coin cap is created) ----------------------------------------------------------------------------
So for the first 5000 - 2,500,000 (ERA0) blocks, they get 2,495,000 EGEM for themselves
At the end of ERA3 they'll have 6,250,000 EGEM and everyone else will have 37,500,000 (16.66666666666667% of all EGEM coins)
Does any of this raise any red flags or suspicion for anyone else? Could the devs please weigh in on this and explain why the dev fee is so high, and why it is needed at all?
why do not you reply to this comment? Why the reward to the miners is reduced by 50% and the development reward by 25% It's not proportional! It should be like this: 8+1 4+0.5 1+0.25 0.5+0.125 0.25+0,0625 0,125+0,03125
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When new versions with v7 algo support???
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While I support this project, I do have some concerns...
Firstly, the coin is launching with its own exchange. Is this run by the devs of the coin? If so, are we trading FIAT>Crypto or Crypto-Crypto, and are we trusting our bitcoins to the dev team to hold for us?
Secondly, look at the breakdown of the dev fees across the ERAs.
BLOCK ERAS ---------------------------------------------------------------------------- 5000 - 2,500,000 (ERA0) 8 EGEM Block reward + 1 (ERA0) DEV CUT: 11.11% 2,500,001 - 5,000,000 (ERA1) 4 EGEM Block reward + 0.75 (ERA1) DEV CUT: 15.8% 5,000,001 - 7,500,000 (ERA2) 2 EGEM Block reward + 0.5 (ERA2) DEV CUT: 20% 7,500,001 - 10,000,000 (ERA3) 1 EGEM Block reward + 0.25 (ERA3) DEV CUT: 20% 10,000,001 - 12,500,000 (ERA4) 0.5 EGEM Block reward + 0.1 (ERA4) DEV CUT: 16.67% 12,500,001 - 15,000,000 (ERA5) 0.25 EGEM Block reward + 0.05 (ERA5) DEV CUT: 16.67% 15,000,001+ (ERA6) 0.125 EGEM Block reward + 0.025 (ERA6) DEV CUT: 16.67% (16.67% forever/until coin cap is created) ----------------------------------------------------------------------------
So for the first 5000 - 2,500,000 (ERA0) blocks, they get 2,495,000 EGEM for themselves
At the end of ERA3 they'll have 6,250,000 EGEM and everyone else will have 37,500,000 (16.66666666666667% of all EGEM coins)
Does any of this raise any red flags or suspicion for anyone else? Could the devs please weigh in on this and explain why the dev fee is so high, and why it is needed at all?
I completely agree with you. Very high fees for developers, it should be at 10% but not 16%. And you did not answer the road map. what are your plans for the future, what will you do. Or you just fork ether?
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Where you roadmap? need more informatio about you project. you only have general phrases and nothing concrete.
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Struena Monetary Policy
We have listened to the community who voted for a monetary policy to be implemented. Some of you wanted a total supply, others wanted a block reduction and then there were those who wanted both.
With our new designed monetary policy, coin emission and thus inflation will fall yearly. After 6 years, the annual inflation is below 2% and the total supply will be kept below 100 million for over 20 years.
We do not want to set a total supply for 2 reasons.
- We want to ensure Masternode owner and miners keeps the Struena network secure - even after 20 years. - It is not possible to predict the total supply after block xxx becuase it is impossible to predict the exact uncle rate.
About you emissions. MAybe need inkress block reward after 6year? I suggest 7year = 0.8, 8 =0.6, 9=0.5 and further 0.5 For the first 6 years 80% of coins will be given, and then a very small reward, somehow not proportionally received.
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It's a shit and not a project. You made a copy of the turtles and did not change anything. I hope you close soon.
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