OK, let me tell (or teach, for some) you how the total coin is calculated: 1st, look at this function int64_t GetProofOfWorkReward(int nHeight, int64_t nFees, const CBlockIndex* pindex) and this int64_t GetProofOfWorkBonusRewardFactor(CBlockIndex* pindex) 1st function calculates the regular pow payout, and the 2nd calculates the superblocks. Now, block 1 = 2.5 mil coins (was a mini IPO I think) block 2 - block 19200: 512 coins/block next 9600 (10 days) blocks: 256 coins/block next 9600 (10 days) blocks: 128 coins/block next 9600 (10 days) blocks: 64 coins/block next 9600 (10 days) blocks: 32 coins/block next 9600 (10 days) blocks: 16 coins/block next 9600 (10 days) blocks: 8 coins/block next 9600 (10 days) blocks: 4 coins/block next 9600 (10 days) blocks: 2 coins/block afterwards: 1 coins/block now the pow will be cut off at 1-2 coins/block. Next, look at the superblocks: superblock - Every 3 hours there will be a block with 4X normal payment (initial 2048 coins) - Every day there will be a block with 16X normal payment (initial 8192 coins) - Every 5 days there will be a block with 128X normal payment (initial 65536 coins) So at initial phase, the 1 block day average coin is: 1 day = 960 * 512 + 8 * (2,048 - 512) + (8,192 - 512) + 1/5 * (65,536 - 512) = 491,520 + 12,288 + 7,680 + 13,004.8 = 524,492.8 coins Total = 524,492.8 * (20 + 10 * 0.5 * ( 1 + 1/2 + 1/4 + 1/8 + ... )) = 524,492.8 * 10 * (2 + 1) = 15,734,784 coins This adds 2.5 mil mini IPO, total PoW = 18.2 millions. On top of this, you can calculate the PoS, PoS is difficult to calculate precisely, but you can estimate max possible value. My estimate is that it is under 50 millions as devs of Supercoin said. Simple math, isn't it?  Questions? I can explain each and every number if needed maybe a dumb question ... Total = 524,492.8 * (20 + 10 * 0.5 * ( 1 + 1/2 + 1/4 + 1/8 + ... )) why there's a 0.5 there? I got all the rest. A good question, because 524,492.8 is calculated based on 512 coins/block, the next term is 256 coins/block = 0.5 * 512 coins/block, and starting 256 coins/block it is 10 days halve period. That's why it is 10 * 0.5. |
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If the amount of coins to be mined could be adjusted with a simple code update, why would any coin be considered secure?
The key here is majority of the network (51%) needs to agree and adopt the changes. P2p coin follows simple majority rules. |
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Max money isn't really what you are saying it is but its good to not list it due to lies
I think it was left over from previous version, since it does not do anything (just transactions), I guess dev does not bother to change it. Nothing is wrong there, you set a limit does not mean you need to reach it. |
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OK, let me tell (or teach, for some) you how the total coin is calculated: 1st, look at this function int64_t GetProofOfWorkReward(int nHeight, int64_t nFees, const CBlockIndex* pindex) and this int64_t GetProofOfWorkBonusRewardFactor(CBlockIndex* pindex) 1st function calculates the regular pow payout, and the 2nd calculates the superblocks. Now, block 1 = 2.5 mil coins (was a mini IPO I think) block 2 - block 19200: 512 coins/block next 9600 (10 days) blocks: 256 coins/block next 9600 (10 days) blocks: 128 coins/block next 9600 (10 days) blocks: 64 coins/block next 9600 (10 days) blocks: 32 coins/block next 9600 (10 days) blocks: 16 coins/block next 9600 (10 days) blocks: 8 coins/block next 9600 (10 days) blocks: 4 coins/block next 9600 (10 days) blocks: 2 coins/block afterwards: 1 coins/block now the pow will be cut off at 1-2 coins/block. Next, look at the superblocks: superblock - Every 3 hours there will be a block with 4X normal payment (initial 2048 coins) - Every day there will be a block with 16X normal payment (initial 8192 coins) - Every 5 days there will be a block with 128X normal payment (initial 65536 coins) So at initial phase, the 1 block day average coin is: 1 day = 960 * 512 + 8 * (2,048 - 512) + (8,192 - 512) + 1/5 * (65,536 - 512) = 491,520 + 12,288 + 7,680 + 13,004.8 = 524,492.8 coins Total = 524,492.8 * (20 + 10 * 0.5 * ( 1 + 1/2 + 1/4 + 1/8 + ... )) = 524,492.8 * 10 * (2 + 1) = 15,734,784 coins This adds 2.5 mil mini IPO, total PoW = 18.2 millions. On top of this, you can calculate the PoS, PoS is difficult to calculate precisely, but you can estimate max possible value. My estimate is that it is under 50 millions as devs of Supercoin said. Simple math, isn't it? Questions? I can explain each and every number if needed |
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I calculated the total coins of SUPER, got exactly like dev announced, here is the details: 1st, look at this function int64_t GetProofOfWorkReward(int nHeight, int64_t nFees, const CBlockIndex* pindex) and this int64_t GetProofOfWorkBonusRewardFactor(CBlockIndex* pindex) 1st function calculates the regular pow payout, and the 2nd calculates the superblocks. Now, block 1 = 2.5 mil coins (was a mini IPO I think) block 2 - block 19200: 512 coins/block next 9600 (10 days) blocks: 256 coins/block next 9600 (10 days) blocks: 128 coins/block next 9600 (10 days) blocks: 64 coins/block next 9600 (10 days) blocks: 32 coins/block next 9600 (10 days) blocks: 16 coins/block next 9600 (10 days) blocks: 8 coins/block next 9600 (10 days) blocks: 4 coins/block next 9600 (10 days) blocks: 2 coins/block afterwards: 1 coins/block now the pow will be cut off at 1-2 coins/block. Next, look at the superblocks: superblock - Every 3 hours there will be a block with 4X normal payment (initial 2048 coins) - Every day there will be a block with 16X normal payment (initial 8192 coins) - Every 5 days there will be a block with 128X normal payment (initial 65536 coins) So at initial phase, the 1 block day average coin is: 1 day = 960 * 512 + 8 * (2,048 - 512) + (8,192 - 512) + 1/5 * (65,536 - 512) = 491,520 + 12,288 + 7,680 + 13,004.8 = 524,492.8 coins Total = 524,492.8 * (20 + 10 * 0.5 * ( 1 + 1/2 + 1/4 + 1/8 + ... )) = 524,492.8 * 10 * (2 + 1) = 15,734,784 coins This adds 2.5 mil mini IPO, total PoW = 18.2 millions.On top of this, you can calculate the PoS, PoS is difficult to calculate precisely, but you can estimate max possible value. My estimate is that it is under 50 millions as devs of Supercoin said. Simple math, isn't it? Any questions on my calculation? I can explain each and every number there |
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I calculated the total coins of SUPER, got exactly like dev announced, here is the details: 1st, look at this function int64_t GetProofOfWorkReward(int nHeight, int64_t nFees, const CBlockIndex* pindex) and this int64_t GetProofOfWorkBonusRewardFactor(CBlockIndex* pindex) 1st function calculates the regular pow payout, and the 2nd calculates the superblocks. Now, block 1 = 2.5 mil coins (was a mini IPO I think) block 2 - block 19200: 512 coins/block next 9600 (10 days) blocks: 256 coins/block next 9600 (10 days) blocks: 128 coins/block next 9600 (10 days) blocks: 64 coins/block next 9600 (10 days) blocks: 32 coins/block next 9600 (10 days) blocks: 16 coins/block next 9600 (10 days) blocks: 8 coins/block next 9600 (10 days) blocks: 4 coins/block next 9600 (10 days) blocks: 2 coins/block afterwards: 1 coins/block now the pow will be cut off at 1-2 coins/block. Next, look at the superblocks: superblock - Every 3 hours there will be a block with 4X normal payment (initial 2048 coins) - Every day there will be a block with 16X normal payment (initial 8192 coins) - Every 5 days there will be a block with 128X normal payment (initial 65536 coins) So at initial phase, the 1 block day average coin is: 1 day = 960 * 512 + 8 * (2,048 - 512) + (8,192 - 512) + 1/5 * (65,536 - 512) = 491,520 + 12,288 + 7,680 + 13,004.8 = 524,492.8 coins Total = 524,492.8 * (20 + 10 * 0.5 * ( 1 + 1/2 + 1/4 + 1/8 + ... )) = 524,492.8 * 10 * (2 + 1) = 15,734,784 coins This adds 2.5 mil mini IPO, total PoW = 18.2 millions.On top of this, you can calculate the PoS, PoS is difficult to calculate precisely, but you can estimate max possible value. My estimate is that it is under 50 millions as devs of Supercoin said. Simple math, isn't it? |
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OK, let me tell (or teach, for some) you how the total coin is calculated: 1st, look at this function int64_t GetProofOfWorkReward(int nHeight, int64_t nFees, const CBlockIndex* pindex) and this int64_t GetProofOfWorkBonusRewardFactor(CBlockIndex* pindex) 1st function calculates the regular pow payout, and the 2nd calculates the superblocks. Now, block 1 = 2.5 mil coins (was a mini IPO I think) block 2 - block 19200: 512 coins/block next 9600 (10 days) blocks: 256 coins/block next 9600 (10 days) blocks: 128 coins/block next 9600 (10 days) blocks: 64 coins/block next 9600 (10 days) blocks: 32 coins/block next 9600 (10 days) blocks: 16 coins/block next 9600 (10 days) blocks: 8 coins/block next 9600 (10 days) blocks: 4 coins/block next 9600 (10 days) blocks: 2 coins/block afterwards: 1 coins/block now the pow will be cut off at 1-2 coins/block. Next, look at the superblocks: superblock - Every 3 hours there will be a block with 4X normal payment (initial 2048 coins) - Every day there will be a block with 16X normal payment (initial 8192 coins) - Every 5 days there will be a block with 128X normal payment (initial 65536 coins) So at initial phase, the 1 block day average coin is: 1 day = 960 * 512 + 8 * (2,048 - 512) + (8,192 - 512) + 1/5 * (65,536 - 512) = 491,520 + 12,288 + 7,680 + 13,004.8 = 524,492.8 coins Total = 524,492.8 * (20 + 10 * 0.5 * ( 1 + 1/2 + 1/4 + 1/8 + ... )) = 524,492.8 * 10 * (2 + 1) = 15,734,784 coins This adds 2.5 mil mini IPO, total PoW = 18.2 millions. On top of this, you can calculate the PoS, PoS is difficult to calculate precisely, but you can estimate max possible value. My estimate is that it is under 50 millions as devs of Supercoin said. Simple math, isn't it? |
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Let's take a look at some other popular coins on Poloniex: SilkcoinMaximum POW supply: ~45 million Great, let's check the code: static const int64_t MAX_MONEY = 2000000000 * COIN; Uh oh, 2 billion is a lot more than 45 million! Better de-list SC right away! CinniTotal Coins: 15,000,000 Hmm... static const int64 MAX_MONEY = 100000000 * COIN; I'm not very good at math but I think 100 million may be slightly more than 15 million. Strange that you never gave a shit about things like this before? We have recently raised our reviewing standards to look for more than just trojans and security exploits. SC and CINNI were not subjected to that kind of scrutiny. We will investigate them, though. And if it turns out that they are like SuperCoin and deliberately inserted those values, then we might have a problem. I cannot comment on them at this point, since we have not looked over the code yet for things like this. We are attempting to raise the bar on the quality of the coins we list. We are well aware that this stance will be met with some opposition, particularly when a popular coin is rejected, but we are willing to take the heat for that. The idle pursuit of volume was never the intention behind Poloniex. Since there are too many idiots, let me show you the code: MAX_MONEY is used here (similar for dAmount): bool CTransaction::CheckTransaction() const
{
...
if (txout.nValue > MAX_MONEY)
return DoS(100, error("CTransaction::CheckTransaction() : txout.nValue too high"));
What does it mean? It mean if this *transaction* amount exceeds the MAX_MONEY, return error.Does it check how much money you have? Not at all. You can have 10 times MAX_MONEY in your wallet!Does it check how many coins the system generated? Not at all.So MAX_MONEY does not limit the system generated total coin at all!Also, like other people said, you can set whatever upper limit you want, does it mean the system will generate that many?? Not at all!The total coin a system will generate depends on the 3 functions that timerland mentioned in his post. Go do a calculation, you'll see how many coins will be generated. It's only 3rd grade math (no kidding - only add and multiple).
I calculated it: PoW coin total = 15,734,784 coins exact + 2.5 mini IPO = 18.2 millions.
Man, learn, this is not even the ABC of the coin code... |
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lmao, this is a complete joke, if this is done by poloniex tech staff, I feel really sorry to them Here is a reply from a forum member (timerland) to that accusation: Is this an amateur or a 10-years-old? The max coin limits the maximum coin, but does it mean the maximum coin will be generated?? Not at all. The generated coin depends on the formula in 3functions: - GetProofOfWorkReward() - GetProofOfStakeReward() and - GetProofOfWorkBonusRewardFactor() These functions define how many coins will be generated. Moreover, even the system generates more coins than the MAX_MONEY defined above, there will be no problem at all, go look at the code. If Poloniex tech staff is that dumb, I feel very sorry for them, it is a joke! This member stated the fact. These 3 functions determined how many coins will be generated. The MAX_MONEY is largely irrelavent. All it does (and the dAmount), is to check each transaction if this limit exceeded. I can't believe this, it's like a circus Yes, and also you can set the upper limit to be 10000000000000000000 trillion, but only generate 15 millions, is there a problem there? someone is completely idiot. If you want to know how many coins will be generated, look at the functions generating them, not the limit. Idiot! Again on this MAX_MONEY, for those who does not understand the code, here is where it used: bool CTransaction::CheckTransaction() const
{
...
if (txout.nValue > MAX_MONEY)
return DoS(100, error("CTransaction::CheckTransaction() : txout.nValue too high"));
What does it mean? It mean if this *transaction* amount exceeds the MAX_MONEY, return error.Does it check how much money you have? Not at all. You can have 10 times MAX_MONEY in your wallet! Does it check how many coins the system generated? Not at all. So MAX_MONEY does not limit the system generated total coin at all!Idoits, follow and learn... you'll never get it! |
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lmao, this is a complete joke, if this is done by poloniex tech staff, I feel really sorry to them Here is a reply from a forum member (timerland) to that accusation: Is this an amateur or a 10-years-old? The max coin limits the maximum coin, but does it mean the maximum coin will be generated?? Not at all. The generated coin depends on the formula in 3functions: - GetProofOfWorkReward() - GetProofOfStakeReward() and - GetProofOfWorkBonusRewardFactor() These functions define how many coins will be generated. Moreover, even the system generates more coins than the MAX_MONEY defined above, there will be no problem at all, go look at the code. If Poloniex tech staff is that dumb, I feel very sorry for them, it is a joke! This member stated the fact. These 3 functions determined how many coins will be generated. The MAX_MONEY is largely irrelavent. All it does (and the dAmount), is to check each transaction if this limit exceeded. I can't believe this, it's like a circus Yes, and also you can set the upper limit to be 10000000000000000000 trillion, but only generate 15 millions, is there a problem there? someone is completely idiot. If you want to know how many coins will be generated, look at the functions generating them, not the limit. Idiot! |
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SUPER is #68 in market cap now... still plenty upside potential!
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 Supercoin Version 1.2 a mandatory upgrade,
mining pools and exchanges please upgrade as soon as possible
Download: http://www.super-coin.net/SuperCoin12.zip Download2: https://mega.co.nz/#!EoJAURQZ!Mn-vb1gXBNbdAQzYsqUKIcjq8PXGRsRu15_-L0riQFo updated source: https://github.com/supercoinproject/supercoinThis is a mandatory upgrade, please upgrade your wallet as soon as possible. The switch point is PoW block 17500 (not overall (PoW+PoS) block). This will be reached in 3-4 days from now. Initial PoW Payout 512 coins per block will last about 6 more block-days. Then the payout will be halved to 256 coins. From this point on, the payout will be halved every 10 block-days. Superblocks will remain the same as before. Once the payout reaches 1-2 coins per block, the PoW blocks will be cutoff and no PoW will be allowed. After it, the coin will become a pure PoS coin. The reason we decided to change this, is mainly for security reasons. As the very low PoW payout will cause very low hash rate, and the network is vulnerable to be attacked. PoS payout and super-PoS blocks will remain unchanged. With updated payout scheme, the total PoW coins will be about 18.2 millions and total coins (PoW + PoS) is estimated at about 50 millions. Haven't been there for a few days and so many new messages and news. Just upgraded, people please all upgrade it is mandatory! |
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logo looks weird...the color I mean.
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Nice many pools are ready |
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I agree that VOOT is a big scam
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interesting coin, wondering why trade so low?
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this coin has a nice name  |
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a good coin, not sure why the thread is pretty inactive... guess dev is not active enough
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need more shops to accept JPC
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I will be releasing a windows wallet tomorrow afternoon that has the built in the mixer for anybody to enable. This should be considered test software only for testnet. you can mine your own coins on testnet for testing the mixer
So we have no mixer now? Does this coin "The first POS ANON", or not yet? the server mixer - is the Xnode feature But I thought any client, if holding certain number of coins, can become a Xnode? Or these are two programs that have to be run separately? |
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