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141  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 22, 2017, 05:18:10 PM
Hello, I this token on Novaexchange? Please let me know. Thanks!

https://novaexchange.com/market/BTC_POS/  Grin Grin Grin

I just want to make sure that is the right token. Please let me know!

It's not our token.
142  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][LOGO]🔥 PoSToken 🔥 300 POS (~300$) for PoSToken New LOGO on: September 22, 2017, 06:12:47 AM
Sorry - I cant embed images as I am fairly new around here:

Icon:


Full banner logo:



I hope that you like Smiley

143  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 21, 2017, 04:34:59 PM
Hi community,

First of all, thank you for your kind support and patience.
We're pleased to inform you guys that the 2nd Round Airdrop will start on September 24th, 2017 at 15:00 UTC and last until October 7th, 2017 at 15:00 UTC, also running 2 weeks.
Different from the 1st one,  the 2nd Round Airdrop is totally unconditional (no twitter restrictions) and free, all you need is a bitcointalk account. Detail rules will be updated soon.
In addition, we're currently building a brand new system "PoSToken Free Airdrop Platform" that let you can easily get your free tokens and extra bounties. It will go live on time.







What is the BTT account at what level?

Same as the 1st round, all members include newbies are eligible.
144  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 21, 2017, 04:31:14 PM
Hi community,

First of all, thank you for your kind support and patience.
We're pleased to inform you guys that the 2nd Round Airdrop will start on September 24th, 2017 at 15:00 UTC and last until October 7th, 2017 at 15:00 UTC, also running 2 weeks.
Different from the 1st one,  the 2nd Round Airdrop is totally unconditional (no twitter restrictions) and free, all you need is a bitcointalk account. Detail rules will be updated soon.
In addition, we're currently building a brand new system "PoSToken Free Airdrop Platform" that let you can easily get your free tokens and extra bounties. It will go live on time.







great news, will there be a bonus program?

Definitely Yes.
145  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 21, 2017, 04:20:22 PM
Hi community,

First of all, thank you for your kind support and patience.
We're pleased to inform you guys that the 2nd Round Airdrop will start on September 24th, 2017 at 15:00 UTC and last until October 7th, 2017 at 15:00 UTC, also running 2 weeks.
Different from the 1st one,  the 2nd Round Airdrop is totally unconditional (no twitter restrictions) and free, all you need is a bitcointalk account. Detail rules will be updated soon.
In addition, we're currently building a brand new system "PoSToken Free Airdrop Platform" that let you can easily get your free tokens and extra bounties. It will go live on time.





146  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][LOGO]🔥 PoSToken 🔥 300 POS (~300$) for PoSToken New LOGO on: September 21, 2017, 08:26:24 AM
My entry.







How many entries per person?

No Limit
147  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][LOGO]🔥 PoSToken 🔥 300 POS (~300$) for PoSToken New LOGO on: September 21, 2017, 08:24:51 AM
I am not a pro designer. But I just want to try my luck .. I use paint apps.

3 #sample

148  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][LOGO]🔥 PoSToken 🔥 300 POS (~300$) for PoSToken New LOGO on: September 21, 2017, 07:23:03 AM
Version 2



I keep looking for new ideas for your design, you can also suggest the shape and font you like  Wink
149  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 21, 2017, 03:49:50 AM
Hi community,

We just launched our LOGO Contest. If you're good at designing, maybe you can get more PoSToken.
https://bitcointalk.org/index.php?topic=2195516.0
150  Alternate cryptocurrencies / Bounties (Altcoins) / [BOUNTY]🔥 PoSToken 🔥 300POS (~300$) for PoSToken New LOGO[Closed for Entries] on: September 21, 2017, 03:37:14 AM
PoSToken

The World's First Proof-of-Stake Smart Contract Token - The Future of Crypto Tokens


Logo & Banners Contest

For those unaware or needing to find out more about the PoSToken please come over to our ANN thread:https://bitcointalk.org/index.php?topic=2110712.0

We Need
  • PoSToken Logo
  • Banners with this logo

Required

  • Original design not using any copyrighted image
  • Contest is open now, please post your designs here. Deadline: September 30th,2017

Reward

The winner of the contest will be chosen by voting. Voting is open to our community.
  • 1st position:  300 POS ~300$
  • 2nd position: 100 POS ~100$
  • 3rd position:  100 POS ~100$

Closed for Entries. Thanks to all the participants.
151  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 19, 2017, 04:05:41 PM
Hi dev!

I hold my coins 3 days.
Checked coinAge() in MEW yesterday.
coinAge was greater than 0.
Then mint and generate transaction.
Why https://calculator.postoken.org shows coin age 0 today?


If i understood good when you calculate the coinage and move your coin start again the coinage counter. For example i received coin 4 days ago, today i was 260 coinage but later check the coinage on the calculator and start the contract coinage go back to 0. Please if i wrong something or i understood bad clarify.

Thanks a lot

Hi yan.markevich,

Your coinage will be reset to 0 after each time you mint. Now you need to wait another 3 days, then your coinage will be recalculated, according to your new balance.
152  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 19, 2017, 03:57:48 PM


please answer these questions.
Did you move your tokens after checking calculator?
Did you buy more tokens and put in the same address after checking calculator?


I've moved the coin after calculation
No coin bought


[/quote]
That's the problem. (Coinage is number of days held X number of tokens). Moving it resets the coinage. The new coinage will be displayed after 3 days maturity period.


Edit: Just noticed you responded @POSToken

Concerning the second question I asked, Does sending more tokens to the same address that holds mature POS affect the coinage?

[/quote]

@FreshB Sending more tokens to the same address have no effect on the coinage which is already mature.
The calculation of coinage is based on each transaction. For example:
You received 10 tokens 10 days ago and received another 20 tokens 3 days ago. Then your coinage is:
10*10 + 20*3 = 160 TOKEN-DAY.
153  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 19, 2017, 10:18:37 AM


please answer these questions.
Did you move your tokens after checking calculator?
Did you buy more tokens and put in the same address after checking calculator?
[/quote]


I've moved the coin after calculation
No coin bought


[/quote]

Quote
Coin age is simply defined as token amount times holding period.In a simple to understand example:
1.If Bob received 10 tokens from Alice and held it for 60 days, we say that Bob has accumulated 600 token-days of coin age.
2.Additionally, when Bob spent the 10 tokens he received from Alice, we say the coin age Bob accumulated with all tokens in his account had been consumed (or destroyed).

You moved the tokens, then the coinage of these tokens will be consumed.
154  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 19, 2017, 03:24:09 AM

Hi FreshB,

Sorry for the late reply since we saw your question just now.
First of all, thank you for your questions!

Your math is correct in sense, but due to the high interest rate for the first two years, compounding should be taken into account.
In addition, after each mining, the new coinage will be accumulated based on the new balance.

For example:
Blob has 100 tokens, he hold them for the whole first year and mine every 3 days.
Alice has 100 tokens, she hold them for the whole first year and mine every 90 days.

If we use 100% to do the calculation:
Blob will receive 100*((1+100%/365*3)^(365/3)) ≈ 271 POS
Alice will receive 100*((1+100%/365*90)^(365/90)) ≈ 241 POS
You can see that the effective interest rate of first year range from 140% to 170%. The totalSupply will increase to at least 2.4 Mil after the first year, this is bad for the whole system.

But if we use 77% to do the calculation:
Blob will receive 1000*((1+77%/365*3)^(365/3)) ≈ 215 POS
Alice will receive 1000*((1+77%/365*90)^(365/90)) ≈ 200 POS

Hi dev. Thanks for this info. So it means that the more frequently we do the pos mining, the more postokens we accumulate ?? But also this implies that the more ethereum you spend as gas ??

Definitely Yes.
155  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 18, 2017, 06:20:01 PM
I got my airdrop, thank you dev  Smiley
I have a question: Currently, my Coinage showing 0, should I deploy the contract now for PoS mining or do I need to wait for coinage to increase?
Please clarify this anyone.

Absolutely nothing but wait three days. Then your coinage will be calculated by the contract.
Btw,in the first three days, your coinage will always be 0. That's the design of PoS Mining.
hi dev I have more than 3 days but my coin age still zero what can i do?

Hi vittosport,

Please use our online PoS mining calculator to query your coinage. https://calculator.postoken.org/.
We found that MEW and other wallets don't execute the function coinAge() correctly.
thank you dev I check it in the website but now how to deploy the pos mining contract?


Please take a look at these post:
https://bitcointalk.org/index.php?topic=2110712.msg21870846#msg21870846
https://bitcointalk.org/index.php?topic=2110712.msg21934703#msg21934703
156  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 18, 2017, 06:17:12 PM
Quote
what is the mining result calculated in a day? and how long I have to do it




Coinage, from the OP, is calculated as (number of days X no. of tokens) hence if you have 100 tokens after 3 days they mature. In 30 days your coinage would be 3000.
3000 in the calculator yields 6.3POS as rewards.
therefore in a year from 100 tokens you get 75.6 POS

That's 75% ROI as opposed to 100% in the first year on the OP.

Dev please clarify.



Hi FreshB,

Sorry for the late reply since we saw your question just now.
First of all, thank you for your questions!

Your math is correct in sense, but due to the high interest rate for the first two years, compounding should be taken into account.
In addition, after each mining, the new coinage will be accumulated based on the new balance.

For example:
Blob has 100 tokens, he hold them for the whole first year and mine every 3 days.
Alice has 100 tokens, she hold them for the whole first year and mine every 90 days.

If we use 100% to do the calculation:
Blob will receive 100*((1+100%/365*3)^(365/3)) ≈ 271 POS
Alice will receive 100*((1+100%/365*90)^(365/90)) ≈ 241 POS
You can see that the effective interest rate of first year range from 140% to 170%. The totalSupply will increase to at least 2.4 Mil after the first year, this is bad for the whole system.

But if we use 77% to do the calculation:
Blob will receive 1000*((1+77%/365*3)^(365/3)) ≈ 215 POS
Alice will receive 1000*((1+77%/365*90)^(365/90)) ≈ 200 POS
157  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 18, 2017, 05:31:13 PM
I got my airdrop, thank you dev  Smiley
I have a question: Currently, my Coinage showing 0, should I deploy the contract now for PoS mining or do I need to wait for coinage to increase?
Please clarify this anyone.

Absolutely nothing but wait three days. Then your coinage will be calculated by the contract.
Btw,in the first three days, your coinage will always be 0. That's the design of PoS Mining.
hi dev I have more than 3 days but my coin age still zero what can i do?

Hi vittosport,

Please use our online PoS mining calculator to query your coinage. https://calculator.postoken.org/.
We found that MEW and other wallets don't execute the function coinAge() correctly.
158  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 18, 2017, 05:10:52 PM
I got my airdrop, thank you dev  Smiley
I have a question: Currently, my Coinage showing 0, should I deploy the contract now for PoS mining or do I need to wait for coinage to increase?
Please clarify this anyone.

Absolutely nothing but wait three days. Then your coinage will be calculated by the contract.
Btw,in the first three days, your coinage will always be 0. That's the design of PoS Mining.
159  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 18, 2017, 02:41:14 PM
PoSToken is now listed on MEW.  Grin Grin

160  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[2nd ROUND AIRDROP] on: September 18, 2017, 02:38:49 PM
Why 2nd airdrop taking to long time to publish. Is there something wrong or just somekind marketing plan just to make peoples waiting?

Hi bxipp,

Sorry for the delay. We still need some time to design the airdrop rules. Please be patient & Thanks.
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