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141  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Poloniex Has Rejected SuperCoin on: June 14, 2014, 11:52:19 PM
OK, let me tell (or teach, for some) you how the total coin is calculated:

1st, look at this function
Quote
int64_t GetProofOfWorkReward(int nHeight, int64_t nFees, const CBlockIndex* pindex)
and this
Quote
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? Grin Grin Grin


Questions? I can explain each and every number if needed Grin

maybe a dumb question ...
Quote
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.
142  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Poloniex Has Rejected SuperCoin on: June 14, 2014, 11:46:14 PM
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.
143  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Poloniex Has Rejected SuperCoin on: June 14, 2014, 11:45:07 PM
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.
144  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Poloniex Has Rejected SuperCoin on: June 14, 2014, 11:40:42 PM
OK, let me tell (or teach, for some) you how the total coin is calculated:

1st, look at this function
Quote
int64_t GetProofOfWorkReward(int nHeight, int64_t nFees, const CBlockIndex* pindex)
and this
Quote
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? Grin Grin Grin


Questions? I can explain each and every number if needed Grin
145  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SUPER] SuperCoin - Anon Wallet in Testnet Released Now on: June 14, 2014, 11:36:55 PM
I calculated the total coins of SUPER, got exactly like dev announced, here is the details:

1st, look at this function

Quote
int64_t GetProofOfWorkReward(int nHeight, int64_t nFees, const CBlockIndex* pindex)
and this

Quote
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?  Grin Grin Grin


Any questions on my calculation?  Grin I can explain each and every number there
146  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SUPER] SuperCoin - Anon Wallet in Testnet Released Now on: June 14, 2014, 11:32:21 PM
I calculated the total coins of SUPER, got exactly like dev announced, here is the details:

1st, look at this function

Quote
int64_t GetProofOfWorkReward(int nHeight, int64_t nFees, const CBlockIndex* pindex)
and this

Quote
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?  Grin Grin Grin

147  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Poloniex Has Rejected SuperCoin on: June 14, 2014, 11:28:54 PM
OK, let me tell (or teach, for some) you how the total coin is calculated:

1st, look at this function
Quote
int64_t GetProofOfWorkReward(int nHeight, int64_t nFees, const CBlockIndex* pindex)
and this
Quote
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? Grin Grin Grin




148  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Poloniex Has Rejected SuperCoin on: June 14, 2014, 11:15:29 PM
Let's take a look at some other popular coins on Poloniex:

Silkcoin
Maximum POW supply: ~45 million

Great, let's check the code:

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!

Cinni
Total Coins: 15,000,000

Hmm...

Code:
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):

Quote
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...
149  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SUPER] SuperCoin - Anon Wallet in Testnet Released Now on: June 14, 2014, 11:01:41 PM
Poloniex has decided not to list SuperCoin. Here is why: https://bitcointalk.org/index.php?topic=652351

lmao, this is a complete joke, if this is done by poloniex tech staff, I feel really sorry to them  Grin

Here is a reply from a forum member (timerland) to that accusation:

Quote
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! Grin

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 Grin

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:

Quote
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!
150  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SUPER] SuperCoin - Anon Wallet in Testnet Released Now on: June 14, 2014, 10:54:55 PM
Poloniex has decided not to list SuperCoin. Here is why: https://bitcointalk.org/index.php?topic=652351

lmao, this is a complete joke, if this is done by poloniex tech staff, I feel really sorry to them  Grin

Here is a reply from a forum member (timerland) to that accusation:

Quote
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! Grin

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 Grin

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!
151  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SUPER] SuperCoin - Testnet Anon Wallet|POS Superblock| Mandatory Upgrade! on: June 12, 2014, 11:19:13 PM
SUPER is #68 in market cap now... still plenty upside potential!
152  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SUPER] SuperCoin -Mandatory Update Needed Super Wallet 1.2 Released on: June 12, 2014, 09:46:07 PM


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/supercoin

This 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!
153  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][MAMM] MammothCoin, the first X13 coin with True Random SuperBlocks! on: June 04, 2014, 06:00:27 PM
logo looks weird...the color I mean.
154  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][MAMM] MammothCoin, the first X13 coin with True Random SuperBlocks! on: June 04, 2014, 05:31:06 PM
http://mamm.pool.mn/ will soon be ready for mining!

http://mamm.pool.mn/ offers:
0,99% fees
Powerful dedicated server
DDOS Protection
Friendly support via email, jabber or support forums
Skilled admin

Please, join us




Nice many pools are ready
155  Alternate cryptocurrencies / Altcoin Discussion / Re: VOOT IS BIG SCAM!!! on: June 04, 2014, 05:29:36 PM
I agree that VOOT is a big scam
156  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SUPER] SuperCoin - 1st Coin with PoS Superblocks! Vote For MINTPAL on: June 04, 2014, 07:02:47 AM
interesting coin, wondering why trade so low?
157  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][MAMM] MammothCoin, the first X13 coin with True Random SuperBlocks! on: June 04, 2014, 06:58:09 AM
this coin has a nice name Smiley
158  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] - WINCOIN [WIN] - mandatory update. v1.2 UPDATE NOW! on: May 30, 2014, 11:45:22 PM
a good coin, not sure why the thread is pretty inactive... guess dev is not active enough
159  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][JPC]JackpotCoin, 1st Separate PoW/PoS#Jackpot#True Random#New Hash Algo! on: May 30, 2014, 11:21:30 PM
need more shops to accept JPC
160  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XC][OFFICIAL] >> Mandatory Wallet Update - The first POS ANON on: May 30, 2014, 05:31:53 AM

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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