I just realized that I don't think there will actually be 100 million total coins by block 10000. At block 10000 POW will no longer give rewards.
We are at 7418 right now, but a lot of those blocks are from POS which did not generate a 10000 BC reward. As evidenced by the fact that the
the moneysupply is 61,660,685 instead of 74,180,000. This coin will be a little rarer than expected.
I was looking at that too... I believe that any coins that are currently being held in stake are effectively taken out of the money supply until they remature and that the money supply shown will fluctuate as various chunks of coins stake and mature. PoW is still generating 10,000 BC per block x 10,000 blocks for 100,000,000 coins. There is no way around that math. Are you really sure? Looking at http://blocks.blackcoin.pw/chain/BlackCoin I see alot of blocks at less than 10000 value out. For example block 7580 and 7581. Exactly ... see my post right above yours. Yeah! So wait, that means at block 5000 we kind off went through a decrease in mining? Since many of the blocks are generated by pos and it's still 1 minute block time. Edit: mind blown, nobody noticed it, but I think block reward almost halved at block 5000, since half of blocks are generated by pos. Edit 2: looking at block explorer I see that blocks are generated twice as fast after block 5000, since pos and pow have different difficulties and each one have 60 second block time. But does that mean pow will alone generate 10000 blocks or will it stop when both reaches 10000 blocks altogether? If pow will generate 10000 blocks alone, then we'll be at block 15000 or so before pow stops. |
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I just realized that I don't think there will actually be 100 million total coins by block 10000. At block 10000 POW will no longer give rewards.
We are at 7418 right now, but a lot of those blocks are from POS which did not generate a 10000 BC reward. As evidenced by the fact that the
the moneysupply is 61,660,685 instead of 74,180,000. This coin will be a little rarer than expected.
I was looking at that too... I believe that any coins that are currently being held in stake are effectively taken out of the money supply until they remature and that the money supply shown will fluctuate as various chunks of coins stake and mature. PoW is still generating 10,000 BC per block x 10,000 blocks for 100,000,000 coins. There is no way around that math. Are you really sure? Looking at http://blocks.blackcoin.pw/chain/BlackCoin I see alot of blocks at less than 10000 value out. For example block 7580 and 7581. |
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dev gone? just days after releasing a hit like this!
No updates in OP the last day.
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ANYONE? My wallet won't sync after block 5010, I've tried on 2 different computer in 2 different countries lol!
I've updated to latest wallet (1.0.1)
You drove all the way to another country to test if your wallet would work? I would keep on going, maybe there is a country out there, somewhere... Haha funny.. no I used teamviewer, that's no the point. I just pointed it out to eliminate the cause of being a connection problem. |
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Stuck at syncing, please help???  |
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ANYONE? My wallet won't sync after block 5010, I've tried on 2 different computer in 2 different countries lol!
I've updated to latest wallet (1.0.1)
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My wallet having trouble syncing now..
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Why does my "getmininginfo" say block 5013 when I'm synced? we're at 5070+ now right? Edit: okey now it syncs 50 blocks remanining, hmm  |
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What is the deal with all the hacks today? It is not just the pools, but the exchanges are dropping like flies as well.
Some nerd got mad cause he missed the train. I was here since first day, but decided to mine something else, untill second day came and all the hype started, kinda sad that I skipped the first day since so much profit could have been made, but that's life. If I had anger issues and could hack stuff I would probably do the same thing as that angry nerd right now  |
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Rig dead.
Please fix it, 12 hours remaining.
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Just rented 12MH/s for 24 hours, hoping difficulty doesn't skyrocket yet again in at least 12 hours  |
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Lol, Why did i just sell at 2500? This coin is 1% interested annually. It only took me 3 days to make 1 BTC at 5mh/s? Guys. Please I feel guilty now.
You'll regret it in a day or two, im pretty sure |
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price going to the moon! |
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We are giving away 40,000 BlackCoins to our donators. You can read about it out on our news page: http://bc.scryptominers.comEDIT: Contest delayed by 4 hours while we receive feedback on the details. Or you could like.. give away some to us less fortunate miners. I've found 3 blocks for your pool although I've only mined about 11k. Use some of your 2% fee to reward block finders, 2% is a HUGE income for you since you own like 1/2 of network hash, meaning you earn 1% of all BlackCoins mined right now just in fees. which equals 5000 BlackCoins per hour, or around 120,000 per day. I get the greedy feeling when you make a competition that requires us to donate to you when you already take 2% fee. Love the pool though! |
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I'm selling 40k StacyCoins!
0.1 BTC
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So how do you think prices will be after we hit block #10,000?
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I don't like the fact that 1.2 million coins are premined.
That equals 4-5 days of distribution in mining.
Meaning that in 4-5 days, the devs will own 50% of all coins.. I don't like that AT ALL.
2% = way too much.
0.5% = okay.
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Block reward will be 500 at block #500 onwards, confirmed by dev on IRC.
Block reward will be 500 at block #500 onwards, confirmed by dev on IRC.
Block reward will be 500 at block #500 onwards, confirmed by dev on IRC.
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LOL is that bunny humping the balloon? |
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