That's interesting from where the coins that are generated from the deposit come from, it is not POW and not POS? How can be called this method of generation coins.
You are correct and I would add the staking coins and the term deposit coins are not added as a typical POS as you find in nearly all other coins. The wallet code creates coins out of thin air and adds them to the wallet every single block of the block chain. This strategy creates some very unique benefits that other coins can't offer such as: ROI coin does not compete its users against each other. A user with 10 coins gets the exact same payout as a user with 100 million coins the percentage is exactly the same. This matters because all to often with staking coins whale wallets have more weight and so smaller users struggle to get payouts. ROI coin pays out every single block of the block chain. This matters because it allows a user to predict and know with certainty what the payout stream will be. Other coins can be hard or impossible to precisely predict POS payouts because of how that works. This is a benefit to people who like to make calculations and predictions when analyzing if a coin is worth investing in. ROI coin pays out staking and term deposit in such a way that your wallet can be locked and/or completely off line. A user with a wallet running day and night will get the exact same payout as a user that leaves there wallet shut off day and night. This matters because some people are not able to leave a computer running and if so they are not punished with reduced payouts. The next time they turn on their computer and the wallet syncs all of their coins are added just as if the pc had never been turned off. Another benefit of this is cold storage. With ROI coin you could term deposit coins for 1 year and then export those to a paper wallet and place it in a desk somewhere. 1 year later you can import those coins back in and all of your rewards are there even though the coins were offline for the last 12 months. There are other benefits and thinking behind this design but without getting into a lengthy discussion the non-competitive nature of the coin is a push to make the coin more fair and suited for mass adoption. The term deposit feature is a push to control or reduce dumping by enticing people to take their coins out of circulation in order to capture the increased payout rewards. A couple of things you need to be aware. Coins sitting in the wallet and staking will stop staking after 30 days and will need to be moved/reset to begin staking again. Coins that have completed their term deposit will also need to be moved/reset to begin staking again. This is to push for people to stay engage and occasionally resync their wallets. We don't want users to just forget about the coin. Last but certainly not least be sure to enjoy and make full use of these payouts while you can. In the future and to control any inflation issues the payout percentages will be reduced and this will be a product of market data, community input and of course some good old common sense. That is really useful information! Thanks about it! Of course it raises also a few questions: 1. how is it possible that coins are created out of thin air? Does that mean that ROI is unlimited by number? 2. I've staked 10 coins for a year. Do I need to "refresh" this every month and how to do that? |
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The Daily Fintech features SONM in a new article “Blockchain is enabling more accessible Supercomputing”. Read and discuss!
the article started interesting. but the i changed into a copy and past thing from the sonm website. and i never say this website before. how important is the "blog" or how shall i call it? +1 |
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yes its a great artical about Blockchain is enabling more accessible Supercomputing Risks and limitations: There is a high chance that your static public IP will be banned throughout the Russian Federation. However, if you do have a website or services that work for customers in Russia, then this will probably devastate your communication with Russian peers. Please take caution. russian federation banned static ip address for getting sonm services access  How about if SONM offers one of those decentralized VPN services (Mysterium, Intense Coin, etc..) as a part of its portfolio? |
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no specifics have been released but in the q&a Igor made it clear that masternodes are able to affect the network stability in both good and bad ways.
I believe the bad way could be that there are too many masternodes coming and going because 1. you don't need a lot of coins to start one, and 2. because they don't give enough income. That's why I believe the minimum amount of coins will probably be over 50K. They're not going to want small bag owners starting masternodes only to sell their bags again because they're barely making a few dozen sonm a month. The incentive of holding a masternode is the passive income, but if that's neglectable, people are going to sell their bags when prices go up, which results in the network not being stable.
I disagree. How do you know if network will be unstabile, if number of masternodes is so big that it doesn't really matter if they are coming and going? Also: Selling bagowner's bags is not a problem if atleast half of them keep their nodes up. |
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Block reward will go from 3 eth to 0.6 eth when casper arrives.
no one will mine eth for .06 lol unless eth is worth 20k lol [/quote] Hmm, how about those 0.6 ETH worth is back to 1000-1500$ and you can use only your walled and 30-40W electricity for 0.6? |
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Just a small question.
What is the advantage of a cluster solo mining than just mining solo per se?
The advantage of cluster mining vs solo mining is when you can't solo mine blocks the cluster gives you a chance. I have questions: 1. How about pool mining? Is it worse than cluster mining? 2. Can I use HODLminer in cluster (it makes more h/s than wallet)? 3. Any link for up to date guide on cluster mining? Thanks! |
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Many noobs here who think they can predict the future. Don't let them swindle you out of your coins  I was thinking more of how is BTX different from Bitcoin. About 90% of the coins release a whitepaper which says the coin is: 1. decentralized 2. secure 3. has privacy 4. fast 5. low cost of transfers BTX is all these also. My question is what can be added to BTX so it can shine above those 90%? It must be pretty clear to you that the major holders of BTX are here for the forked bitcoins they got and for the airdrop. However this fuel is going to be fully consumed tomorrow. I know that a lot of people are waiting for this star moment to make a profit. Some are waiting for masternodes. Please share your toughts on the future of BTX. How can you (we) help it shine? New tech? Publicity? Anything else? |
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A lot will be determined by the price/performance of the 11-series cards too. For all we know, the 1080ti may remain the king of GPU miners even after the new 11-series come out. Rumors have it that the 11-series cards will cost vastly more than the 10-series but how will the performance gain stack up?
If they plan to price gouge then maybe they will see a retaliation by gamers and miners whereby they realize that overpriced new units aren't worth it... Of course by that point we would obviously see price drops and likely see subsidies paid back out to vendors to cover the loss.
Think about it. They aren't paying their engineers much more...even though they all likely got really sweet bonuses after the recent earnings. And the cost of materials hasn't really changed. They are just capitalizing on hype which could result in them losing business if they are not careful.
They bump game performance with about 20-30% each new VGA generation. They can easily double it, but why bother? That is why I think the mining capability will be also very precisely aimed at those figures. The income you get will be worth it - 25% average, price will be 30% higher than current one, power draw will be lowered with another 10-20%. They don't have anybody to compete with, AMD will follow same steps. This is also eviden from the constant postponing of new release. For refference: 390's still pull 30Mhs but at double power draw of their next gen equivalent. |
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What will happen according to you after the last airdrop?
1. everyone will dump
2. price will go high, because the free lunch will be over.
3. first 1. and then 2.
4. due to fast adoption of every new blockchain tech, BTX will keep climbing the coin ladder.
5. It will gradually die as it is just another coin which can send value from point A to point B.
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there are so many forums on various related subject matter - i am so confused as to current vpncoin news
+1 |
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I got the wallet of roi do you pplmine solo there or to a pool?
For solo you need a lot of hash power so you can mine a whole block (120 coins worth). There are about 720 blocks per day, and about 1000 miners. |
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ETH is not going full PoS. Instead, it will be 5-10% tops.
So nothing to worry about. The ETH wales will be able to relax
and enojy from distance.
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Come on team, release the March spradsheet already!
We understand you work on development and so on,
but electricity still costs money.
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Price went double in two weeks (Binance). Nothing to complain, excpet ishould have bought more  |
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Are we going to see BTX on Binance anytime soon?
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Please add instructions on how to add MYST to MEW.
Are there some bounties available?
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What is going on with Cryply? After reading the posts I am really confused? Did the Devs have a fight and split, did a hacker take over devs accounts, did the dev bail, or what? People are still mining and the coin is still being sold and purchased on crex24 so its not dead. I would really like to understand the conflict and what happened or is happening, before I do anything with this coin.  I think it was dev split, then dev takeover which resulted in.. loss of trust - the worst thing that can happen to a coin. either hodl and come back here in a few months, hoping tosee all back on track or dump and forget. |
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Still really surprises me that difficulty still rising at 5-8% every 2 weeks, considering price has done nothing but drop over the past few months. Granted we’re in a reasonable upswing, and let’s hope price keeps going up. But at the same time, I don’t want the hashrate to explode this year either  Kinda weird that difficulty rises and mining is down almost 14% in last 24 hrs.  they just move to bcash for a while Or Bitmain is "testing" their new ASICs. |
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Hello Team, I tried connecting to all pools listed here with all miners i could find and none of them seems to connect. Is this coin still alive?
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Any news on the 2.0 GUI wallet?
+1 |
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