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Yes it is a great idea, looking forward to joining the community!
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another question.. how about if all initial investors want to withdraw BTC and Miners also .. there would not be enough BTC to give away
Yeap its a ponzi system with fancy layout who ever cant see it he deserves to get scammed. Also miners will be the big victims here as the value of the standarcoin will not be enough to cover electricity cost. Not to mention there isnt any point for miners to exist in this system, this is just a ponzi system in which developer put miners in the game to justify that this is a cryptocoin and he gently described this situation as "coin mostly for investors". Yes it is a ponzi scheme... |
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interesting, prrof-of-burn, lol
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but what's that mean? How to make coinpayment SUPPORT ECC? |
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we should be on top now, in cryptorush.in vote list, you guys to maintain   |
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People donate BTCs for the vote. This exchange usually get 0.25BTC to be listed, now with vote, they get a lot more and not even list the coin, sucks.
This is insane getting worser every week. But after this point we can't wait more let's finish CryptoRush exchange. keep voting. I know, let me donate x amount of BTC to get us to the top. |
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People donate BTCs for the vote. This exchange usually get 0.25BTC to be listed, now with vote, they get a lot more and not even list the coin, sucks.
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where is ECC in the voting list??
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ECC is my go-to Coin to mine  same here, mining as much as I can +1 ! + mooon +1000 |
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https://cryptorush.in/index.php?p=voteIf you want to get ECC to go "to the moon" and you aren't voting every hour on Cryptorush...why not? Depending on level of trading there, you can vote multiple times an hour. Seriously, go vote! to be listed there, you just need to pay them 0.25 btc. the vote can go forever, some coins have some crazy people who vote using VPN and not limited by hour, they can get as many IPs as they want, so voting doesn't make much sense now. |
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I have some questions about PoS... I've read about it and understand the general concept, but I think an example with real numbers would very useful.
So can someone describe what will happen for someone holding 100000 ECCoin? If I have 100k today, will it start paying PoS interest in 42 days or is it from the time PoW ends? Is there a minimum amount required?
Thanks! No minimum required. 25% is the annual rate, so 100K you hold 42 days, will generate approximately 100000 * 0.25 * 42 / 365 = 2876 ECCs. And then you hold 102876 ECCs, hold another 42 days will generated you 102876 * 0.25 * 42 / 365 = 2959 ECCs, and so on and so forth. This helps but also confuses me more at the same time... You make it seem like interest payouts (aka PoS rewards) are only paid out every 42 days, but isn't it 42 days of holding? The example shows that after 84 days, I'd have 102876 ECC, but aren't there any rewards paid on days 43 to 83 on the 100k stake? So on the first day of PoS rewards, 2876 ECC are earned from holding 100k as shown, and wouldn't the same be earned the on day 2 of PoS? Then after 42 days of holding the first 2876 PoS reward, it starts earning PoS reward as well? I guess what he said is that you hold 100K for 42 days, then you will get 2876 ECCs in pos blocks, then you have 102876 ECCs now, holding them another 42 days will generate another 2959 ECCs for you. Pos is exactly like interests, and the 2nd time you like get the compound interest, your 2nd interest is based on 102876 that's why you get more 2nd time. I've just found the answer I was looking for here: http://bitcoin.stackexchange.com/questions/20007/how-does-proof-of-stake-mining-workI initially thought the PoS payout was like daily compound interest from the banking world but it is 42-day compound interest. It's the detail about coin-age being reset to zero upon PoS payout that I wasn't aware of. yes that makes a huge difference no pos coin is doing daily compound |
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I have some questions about PoS... I've read about it and understand the general concept, but I think an example with real numbers would very useful.
So can someone describe what will happen for someone holding 100000 ECCoin? If I have 100k today, will it start paying PoS interest in 42 days or is it from the time PoW ends? Is there a minimum amount required?
Thanks! No minimum required. 25% is the annual rate, so 100K you hold 42 days, will generate approximately 100000 * 0.25 * 42 / 365 = 2876 ECCs. And then you hold 102876 ECCs, hold another 42 days will generated you 102876 * 0.25 * 42 / 365 = 2959 ECCs, and so on and so forth. This helps but also confuses me more at the same time... You make it seem like interest payouts (aka PoS rewards) are only paid out every 42 days, but isn't it 42 days of holding? The example shows that after 84 days, I'd have 102876 ECC, but aren't there any rewards paid on days 43 to 83 on the 100k stake? So on the first day of PoS rewards, 2876 ECC are earned from holding 100k as shown, and wouldn't the same be earned the on day 2 of PoS? Then after 42 days of holding the first 2876 PoS reward, it starts earning PoS reward as well? I guess what he said is that you hold 100K for 42 days, then you will get 2876 ECCs in pos blocks, then you have 102876 ECCs now, holding them another 42 days will generate another 2959 ECCs for you. Pos is exactly like interests, and the 2nd time you like get the compound interest, your 2nd interest is based on 102876 that's why you get more 2nd time. |
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Hey, np , if any one wants to dump on 1 satoshi just PM me.
I want at that price too  |
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So now Mintcoin clones is a thing?  No mention on premine? Why does this coin exist when the idea has been done a couple times already? (aka. why clone) Premine mentioned in OP, and 0.99% is very reasonable for me. Clone to mintcoin... I don't know, but I see some differences: this coin is evenly distributed for 45 days, unlike mintcoin with 7 days halve period, so you did not get in early in mintcoin, then you basically screwed. Another thing is that ECCoin gives out interests for the first 9 years, so after 9 years, it will be deflation and virtually no new generation of the coin, interesting concept and we'll see how good it is. |
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Seem is more than 1/3 miner is Leaveing from the ECC coin pools ....why
really? diff is down a bit, from 15 to 9, still very high |
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Mantoy can you please explain to me what happened between 7:11 and 7:30? Is the site just updating slow or were their none found?
the thing is... according to the logs and the wallet, nothing happened! i will investigate further more the situation at the end of the morning. i just recieved my first payout from coins4everyone, no fork, everything fine. But, atm, looks like a ddos to them, connections lost, website shows "Error 520". yes coins4everyone is fine I wouldn't say missing coin is fine. The pool is up and down like a yoyo as well. It seems all pools are having problems which is a shame as the initial launch was smooth. I got 2 payments from coins4everyone, seems no prob |
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Mantoy can you please explain to me what happened between 7:11 and 7:30? Is the site just updating slow or were their none found?
the thing is... according to the logs and the wallet, nothing happened! i will investigate further more the situation at the end of the morning. i just recieved my first payout from coins4everyone, no fork, everything fine. But, atm, looks like a ddos to them, connections lost, website shows "Error 520". yes coins4everyone is fine |
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coins4everyone is up or down? |
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