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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SIM] Simcoin - A Simple Coin
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on: December 01, 2014, 11:51:01 PM
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Progress reportThis week I continued working on bootstrapping/downloading, because before you can start downloading, you need to figure out what you need to download and get a consensus on that. So there are 2 more tasks on top of the downloader. Can't go into details here, but the previous solution required an additional database table and the new one works with existing structure, and in general is more flexible. Also did more SQLite performance tests to make sure the new scheme is fast enough. In a day or two I expect to finish this part of the system and hopefully never touch it again This time the solution seems to be quite good. Do you have some stats about the distribution?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ERMIS (ERM) WALLET RELEASED |The Merchant Coin| Proof of Investment |
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on: November 28, 2014, 05:48:16 AM
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Do I understand right, that half of the coins was kept for development/marketing/etc?
nope its the max supply with PoS % All coins were distributed among the investors? yes 10M for ICO distributed to the investor, another 10M is for the PoS Ok, then I donīt understand how this works Are there 10 or 20 million ERM coins? 10M for ICO distributed to the investor, another 10M is for the PoSCould you please explain this? Initial total coin is 9.9M actually and the rest of the coin will be minting thru PoS  { "version" : "v1.0.0.1", "protocolversion" : 71030, "walletversion" : 60000, "balance" : 742580.53690000, "newmint" : 0.00000000, "stake" : 0.00000000, "blocks" : 5873, "moneysupply" : 9900900.04874000,"connections" : 2, "proxy" : "", } How much is the rest? 100 000 or 10 100 000? havent check with our coin developer yet, but if we follow the 20M rule that should be 10.1M, else it would be the 9.9M for PoS, Could you please clarify what the total amount of coins will be? Thank you!
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ERMIS (ERM) WALLET RELEASED |The Merchant Coin| Proof of Investment |
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on: November 27, 2014, 03:45:44 PM
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Do I understand right, that half of the coins was kept for development/marketing/etc?
nope its the max supply with PoS % All coins were distributed among the investors? yes 10M for ICO distributed to the investor, another 10M is for the PoS Ok, then I donīt understand how this works Are there 10 or 20 million ERM coins? 10M for ICO distributed to the investor, another 10M is for the PoSCould you please explain this? Initial total coin is 9.9M actually and the rest of the coin will be minting thru PoS  { "version" : "v1.0.0.1", "protocolversion" : 71030, "walletversion" : 60000, "balance" : 742580.53690000, "newmint" : 0.00000000, "stake" : 0.00000000, "blocks" : 5873, "moneysupply" : 9900900.04874000,"connections" : 2, "proxy" : "", } How much is the rest? 100 000 or 10 100 000?
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