It will half at 11000 blocks. We are at block 10627. That means we have 373 blocks to go. 4 minute blocktime, that means we have about 24.86 hours to go. So it will half about this time tomorrow.
So your final estimate is:
2:12:47 am EDT | Monday, June 30, 2014
Thank you. duckNote halving usually appears on the new moon/beginning of the moon growing. Thanks. So how many notes will have been mined after the first month? Around 3 billion? 3.52billion. 3.52 is an expected approximate coins after first halving, in real life that amount will be lower, because of penalties in huge blocks. Now we are on 10696 block with 3,279,389,927.13799100 notes in circulation. So the average reward on the first 11000 blocks is 306600 duckNote per 1 block. |
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low % of orphans, as well as low % of bad shares caused by 4 min block time (you can see it on any pool software)
And 4 min block time is more "cryptographic valuable" than less timed blocks.
Also duckNote differs from other cryptonote coins in difficulty target counting. Less cut (30 vs 60) and less window (720 vs 240) - that specs is a result of tons of experiments with cryptonote network and we believe that is perfect specs.
Rewards structure in duckNote is the same like Bitcoin has - halving every N blocks
Also duckNote has MIN_REWARD = 150, that means, that miners will have their rewards any way even after main amount in circulation. But coin is still a deflation coin because of MAX_COIN.
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duckNote halving usually appears on the new moon/beginning of the moon growing.
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Next week updates = bytecoin updates, that moves blockchain out of RAM and other small fixes.
Developers are working on moving that changes to duckNote and testing it. Also working around GUI wallet, but that is not the priority now, the main thing now is to make network more scalable in terms of rewards and fees.
There will be no change of coin amount or supply.
There is no hardfork in plans.
In next 2 weeks marketing phase will begin, means giveaways, coin promotion, etc.
As for now - network is really stable, block intervals are perfect, all is going according to THE PLAN.
For those who can`t see differences from other cryptonote coins - look at source code, check % of orphans in the network, check % of "bad shares" on pools, you will see that duckNote is a winner. Like
24 hours of mining with the same mining software and hardware gives:
4% of bad shares on Monero
2% of bad shares on Bytecoin
0.5% of bad shares on duckNote.
Orphans in above networks 6/2/1.
As for the prices: now it is absolutely about speculation, because there is NO services yet and NO markets yet.
Also low prices now means that coin goes to more hands - that is good for further decentralization.
duck ducked before tiger jump.
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duckNote devs team do have the plan. 1. Latest improvements from Bytecoin -> to duckNote 2. Marketing after more duckNotes will be mined/ 3. GUI and web wallets aka remote wallets. 4. Lots of "easy start" stuff. you can dump it, you can pump it, you can call it scam coin, you can even call it duckcoin. just don`t care.  have a great fun. |
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About GPU miner:
Yes, it is available for all cryptonote coins, BUT it is NOT energy efficient, means it is not an advantage to mine with GPU.
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to the dev
please update the wallet
i can not update block in win32,please solve this quetion,or tell me how to change the win 32 wallet to win64
Source code is available, please compile your own binary to avoid problems. |
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Devs are working on duckNote, soon some fixes will be out - decreasing block sizes (decreasing tx sizes), increasing default fees, etc
you can use kwag, and even fork it to your android device to interact with remote duckNote.
There was a questions about duckNote benefits other Bytecoin forks:
1. Main coin amount is not like other Bytecoin forks
2. Block rewards structure is not like other Bytecoin forks
3. Block time is not like other Bytecoin forks
4. Main amount supply time and structure is not like other Bytecoin forks
5. duckNote = deflation, with smart rewards after main amount supply
6. duckNote economy
7. duckNote block without penalty is 32000 vs 10000 in other Bytecoin forks
8. Really, really, really fair launch. Devs are minor duckNote holders. Devs are enthusiasts.
duckNote is a really young cryptocurrency with absolutely great marketing, economical and technical potential.
Currently devs are working on implementing new features as well as thinking about native GUI. This week update with block size fixes and fees will be available.
Remember there was NO marketing from the side of devs yet. And you will notice when it begins.
P.S. Devs are not working to solve exchange problems and wrong transactions made by users. You should follow the exchange instructions to deposit your funds correctly.
duckNote, its blockchain, block generation and transactions working perfect.
>(')____, >(')____, >(')____, >(')____, >(') ___,
(` =~~/ (` =~~/ (` =~~/ (` =~~/ (` =~~/
~^~^`---'~^~^~^`---'~^~^~^`---'~^~^~^`---'~^~^~
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Explanation: 2. 29 and even more is a normal time for 4 min TARGET_TIME cryptocurrency. 1. BLOCK_REWARD = BASE_REWARD(currently = 320000XDN) - BLOCK_SIZE_PENALTY (Normal block should be < 32000, in other case block reward will be lower than expected) Here is the block 8160: https://minergate.com/blockchain/duck/block/b7239e7406e85a1e17965778c29d999fdc98fd2793d233f641b971280ea7628eBlock Size 91514 that is > 32000, because of 10 big transactions, so reward for that block is lower than expected. That is a normal situation for all CryptoNote coins. Thank you for explaining. No problem. TIP: duckNote initial block size without penalty = 32000 vs 10000 in Bytecoin (BCN) |
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Bittrex Exchange Entering => Lots of BIG transactions in the same time => BIGGer block size for that time
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Explanation: 2. 29 and even more is a normal time for 4 min TARGET_TIME cryptocurrency. 1. BLOCK_REWARD = BASE_REWARD(currently = 320000XDN) - BLOCK_SIZE_PENALTY (Normal block should be < 32000, in other case block reward will be lower than expected) Here is the block 8160: https://minergate.com/blockchain/duck/block/b7239e7406e85a1e17965778c29d999fdc98fd2793d233f641b971280ea7628eBlock Size 91514 that is > 32000, because of 10 big transactions, so reward for that block is lower than expected. That is a normal situation for all CryptoNote coins. |
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1.4M in 36hrs with 1.2KHs? I strongly doubt that. Check your numbers. Hm, lets see average difficulty for the last days was 20mln. To find the time (in seconds) of finding 1 block in that period with 1.2KHs you should 20000000/1200 = 16666.666 seconds that is 4.629 hours. So 36/4.629=7.77 blocks. 7.77*320000 = 2.488.658 [XDN] - your expected reward for solo mining. But that is very roughly calculation (difficulty, orphaned blocks, solo/pool mining). That is really rough calculation. 1.4M in 36hrs with 1.2KHs is normal. |
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XDN - is a new duckNote ticker. Now and forever. Until next voting. Community decision is the only decision to keep doors open.
all duckNote sources will be updated soon.
Happy Birthday, duckNote, you are 2 weeks old.
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When will the ticker vote close?
I need to submit to Poloniex the definitive currency code for their adoption.
Vote will be closed right after 5000 duckNote block generation - that is approx. 43 hours from that moment. |
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Can't transfer anything from my wallet. Opening the wallet gives me this: Starting refresh...
Refresh done, blocks received: 0
balance: 27878365.39291181, unlocked balance: 27878365.39291181 @devs: This looks like a problem with your datatypes. Please tell me you thought about this issue before increasing the block reward like crazy. I don't see what the problem is, but correct me if I'm wrong. Your quote is just showing that you have coins in the wallet. Unless you are implying you can't refresh? Ps that's a lot of coins wtf! 1) If the # of blocks received are 0, there should be no coins. 2) The value above looks very close to the maximum value on a 32bit signed decimal datatype (fixed-precision maybe?) 3) I can't make any transactions from this wallet (forgot to mention that before) Looks like you are doing something wrong. And looks like your wallet is ok, according to information you provided. Explanation: Starting refresh...
Refresh done, blocks received: 0
That means that you did not received any blocks with your wallet since last refreshbalance: 27878365.39291181, unlocked balance: 27878365.39291181
That means that you are an owner of more than 27 million duckNotes. It is unlocked and you can transfer it. If you do want to transfer duckNote, please follow the format (here we are transferring 100 duckNotes with 3 "mixes"): transfer 3 ddcuyh24nj7R5ctKpXssAEUn3fe2oKzdSR2sBbUa7CVPV2XDjydupBXJ7ZacSmh2GjChcJvsbdthYj6 bBAFHRstF2ejasVaCY 100 |
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Please, vote for a duckNote ticker if you would like to change it.
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