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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [eTaler] ElectricTaler | Launch 11/7 - 18UTC on: July 09, 2014, 09:24:39 AM
100mil coins total @ 10 coins/block = 10mil blocks
5mins/block for 10mil blocks = total of 95 years of mining, assuming reward does not half.

So the 10000 premine = 1000blocks = 0.01% total coins = all coins generated from the first 3.5 days.

There will be only about 86400 coins mined each MONTH. So the premine is about 11% of total coins available for the 1st month of the coin.
So it is a very big chunk of premine.

After 2 months its 5.5% and after 1 year its less then 1%. i want not to make another dump&run coin, i think bigger  Wink
I know trusting is a huge problem in alt-coin business and i can't do anything to change it.

2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [eTaler] ElectricTaler | Launch 11/7 - 18UTC on: July 07, 2014, 05:49:42 PM
So all mining on this is solo mining?

yes
3  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN] [eTaler] ElectricTaler | Launch 7/11/2014 - 18UTC on: July 07, 2014, 08:43:47 AM

eTaler
Release: 11 July 2014, 18PM UTC / 20PM CEST / 14PM EDT / 11AM PDT


eTaler as build-in Shop(pic), Block-Explorer(pic) and faucet.
eTaler as an build-in messagingsystem, with every transaction is it possible to send an encrypted
private message to the receiver, only the receiver can decrypt the message.(pic)


E-Taler using a brandnew system, after every block there will be search pause of up to 5 min., means no hash searching in this time, saves power and heat.
example: after 5 min., the search for the next hash starts, if it's found after 60 sec., there will be a pause of 240 sec. then the next search starts if its found a block after 200 sec, pause is 100 sec. ...
E-Taler as an easy to use build-in cpu-miner, there will no support for external mining software.

Translations

Specification
  • PoW Algorithm: SHA512
  • Block Time: 300 seconds
  • Block Reward: 10 eTaler
  • Premine: 10000 eTaler
  • Fees: No transaction fee
  • Confirmations on Transactions: 2
  • Total coins: 100,000,000 eTaler
  • Coins mined per year: 1 million eTaler
  • Private message system


PreMined coins
  • Total: 10000 Coins
  • Reserved for bounties: 4000 Coins
  • Reserved for giveaways: 6000 Coins

Exchanges
  • comming soon

Bounties
  • Translate this page: 250 eTaler each
  • Portuguese (claimed by "Mxrider420z")
  • France (claime by "torpedo")
  • italy (need translator)
  • German (Claimed by "BullFrog")
  • Chinese (claimed by "zxm7001")
  • Hebrew (need translator)
  • Russian (Claimed by "Yurches")
  • Polski (need translator)
  • for promotion #1: 500 eTaler (claimed by "qiwoman2")
  • for promotion #2: 500 eTaler (claimed by "zxm7001")
  • for promotion #3: 500 eTaler
  • for promotion #4: 500 eTaler

Wallets


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