|
Any news about c-cex refund?
|
|
|
|
thx for the proof what guy you are.
Proof what? You know nothing. Play games with other children. Yes you are member of scammer and will add to database. Database of scammer is growing. go fck your assholes.  Looooool Master scammer OC. This coin looks so legit cause OC didn't build a pool, considering he's involded in alecrypto scamming coins and he's last pools was for 5 days broken code coin. Oc,you got your time here after accusing half forum for pos coins. |
|
|
|
|
C-cex ico rules number 10:
If the coin developers can not provide a POD (Proof of Developer) or Coinsource Trust Index rating, C-CEX will recommend the provision of a short video where coin developers introduce themselves
-Where is POD?
-Where is Coinsource Trust Index?
-Where is video where developers introduce themselves?
|
|
|
|
|
Lol, never heard of an exchange with "special conditions ico".
special conditions result in all btc invested lost for investors.
Very good c-cex.
Here the problem is clearly c-cex that allow those "special conditions"
Game over for c-cex?
|
|
|
|
Signed up for Airdrop!
(i'm not a newbie, jus an old BTCtalk forum reader).
This project is exciting!
And i'm satoshi nakamoto, an old bitcoin lovers. so, you're an old btctalk and never done an account until today? And first post was done to receive free coin? sound legit.  Suggest to devs to take care of tons of newbie accounts made only for the airdrop. |
|
|
|
|
So,you spent last 2 years of your life following someone's else?
Nothing better to do during your free-time?
I don't know, watching movie,reading books,travelling.
But i agree. Posting personal info on btc could be considered a crime.
|
|
|
|
|
What about seed node?
I know everycoin to be serious and legit need to setup a vps with a dedicated ip node(not like coinbuilder that give always same node that end after 1-2 month).
So,we will have at least 2 node inside seed,and everycoin have different unique seednode?
And what about github? Every coin will have a github private account automatically?
And what about checkpoints? I know all dev rebiuld wallet several times adding checkpoint in source to prevent attack. How i could add those checkpoints with your automated software?
|
|
|
|
I'll preface this post: I am genuinely interested in this coin and what it can offer and like most of the ideas being proposed. I am in the IRC channel and intend to be active in it. I am not here to FUD or bash this coin. But...
I have a concern that the developers are actually able to take a MUCH larger amount than the 10% subsidy just by staking their premine coins. Remember that 30% of all minted coins are given as PoS rewards.
On day 1 the developers will have 4% of all coins, but actually 50% of all coins in existence. If they stake these, then they will get 50% of the 30% proof of stake coins, a further 15% of ALL minted coins. This percentage will taper off over time as their % of all minted coins becomes smaller, but the numbers are still scary...
After 1 year, it is estimated that 4.7m coins will have been freshly minted, which is approximately 22% of the 21m coins. If the developers did not sell their premine coins, they would still hold their 4%, PLUS 2.2% for their developer subsidy (10% of the 22% freshly minted), PLUS whatever they have earned from staking for 12 months (roughly another 10% of all coins minted in the first year / 2.2% total, as they will be taking 15% of PoS coins on day 1 and around 6-7% of PoS coins after 1 year). So after 1 year the devs would have 4% + 2.2% + ~2.2% = 8.4% of all coins (~1.764m) which is a staggering 27.6% of all coins minted to date by then (1.764m out of 4.7m + 1.68m premine).
This also means that at the start of year 2 they could still be getting 8.3% of all newly minted coins through staking (27.6% of the 30% PoS) on top of the 10% dev subsidy.
I can understand the concept behind the 10% developer subsidy AND the premine (though I have a question mark over whether they need both), but I am seriously concerned that after 1 year the developers could still be raking > 18% of all new coins if they just sit and stake their initial premine.
Am I missing something in all of this?
Could there be a mechanism to prevent the developers from staking their premine coins, until they are sold on or until much later(year 3 or more) when their % of minted coins to date becomes much less?
Going to quote this and highlight it to say thank you. This is well constructed and informed critique. The devs are still asleep, so when everyone is back this issue will be addressed. Important to confirm the numbers since it's a full post and run projections. In coming up with a solution, the project needs to stay within a certain framework that can't be removed: - Developers do need to be rewarded for the risk they took by purchasing coins at a relatively high dollar value prior to any community support - even if it just hinges on the simplistic notion that the coins they purchased will be worth something in the future (or be worthless if Decred isn't decent software or the larger community rejects the project) - no free meals for the devs
- The community airdrop needs to stay intact since there's a social contract in place and no money will be taken from the community (the people won't be made to carry the devs' risk), and
- The project must remain sustainable so that development can continue beyond the current developers - the future extends far beyond the current set (even though they will be around no matter what, that's both human behaviour and very few people just walk away from something they have worked on for years)
It does appear that there's broader support for these three points, and so working within that framework to find a solution seems optimal. That will be done. Well, 4% pre-mine and 10% subsidy will got to 2 addresses that are public from blockchain. So,everyone could check movements of those addresses. Since seems a very long projects(mining stand for about 5 years right?),i'm sure devs will not touch that 2 addressess at least for first couple of years. Of course if we see that after 1 months, the 4% pre-mine start to decrease as well of 10% subsidy address,we could be afraid about that. If dev believe in the project and they know that value will rise after several years,since they are professional as they seems are, is like if they have bitcoin and start to sell after 1 year at few usd when they know that value could rise a lot after years. Going to apply for airdrop,don't have technical skills,but trying to post here as support. Thanks |
|
|
|
|
No pool at beginning but only solo mining,since they will not release getblocktemplate.
It's correct?
|
|
|
|
|
10% means that we are going to have a forever sell pressure of 10%?
I mean: You will receive 10% of each block payed in decreed. You need fund,so what you do? Sell your 10% over buywall and create sell pressure, or hold decreed for years assuming you know that price will rise year after year?
Most of all, who will held those 10%?
We need a physical person or a trusted escrow, NOT something like decreed society or somoene's anonymous.
We need to know who held those 10%. How? To be trasparent,use a trusted escrow on forum and NOT someone's inside your organization.
|
|
|
|
Question is:
-They have 4% of coins pre-mined plus 10% of every block minted for ever.
-4% of coin premined,based on 21 millions supply....which is the amount for first 5 month or first year?
I mean, if for first year the coin minted will be 10 for example, they have not 4% but 40%.
Using the information posted earlier in this thread for the total coin supply as of end of year 1, 4704267, which is roughly 4.7M, we have the following: - 4% premine for developers, 840K coins, constitutes 17.8% of the available supply at end of year 1 - 10% dev org subsidy is [4.7M (total issued eoy 1) - 1.68M (8% premine)] x 10% = 302K coins, which is 6.4% of the total available coins at end of year 1. Note that the subsidy only starts after the premine, thus the subtracting of the premine when calculating this figure. This gives a sum of 17.8% (dev premine) + 6.4% (dev org subsidy) = 24.2%. So,how long will be the pow phase? To determine the effective % of pre-mine.
I am not sure exactly what you are asking. Can you be a bit clearer about what you're looking for here? Ok. Thanks for your answer. |
|
|
|
|
Question is:
-They have 4% of coins pre-mined plus 10% of every block minted for ever.
-4% of coin premined,based on 21 millions supply....which is the amount for first 5 month or first year?
I mean, if for first year the coin minted will be 10 for example, they have not 4% but 40%.
So,how long will be the pow phase? To determine the effective % of pre-mine.
EDIT: Am i wrong assuming that mining decred is like having a botnet on our pc's?
My gpu will produce free coins for dev,so,i have my power mining cutoff of 10% for ever.
Is this true?
|
|
|
|
|
47 satoshi?!?! Seems a huge pump.
|
|
|
|
Ok guys, no way to get the guarantees i need (and you need, of course).
I don't want to have associate my name/project with this project.
I tought this was a serious project. BUT, when things change from X to Y without respect agreements there's something shady behind.
So i'm out.
Please change OP and Remove all the part about "C.A.T. Partnership"
PS : Thanks to people who warn me and ask me to verify.
Well done Sampey. Coin and project failed miserably. Now it's time to refund investors who bought ico. Next please. |
|
|
|
|
@Sampey: Did you received that 25 btc as promised from the dev days ago?
If not,this is cleary a scam.
|
|
|
|
|
I see IPO and ICO everywhere....
|
|
|
|
|
3 weeks? Why so much time prior to launch?
|
|
|
|
Welcome  Hope many more people register for the long journey ahead Maybe i will register nexts weeks. |
|
|
|
|
More info about launch date?
|
|
|
|
|
Price here is a lot higher then ico price. ico price 30 satoshi. Price now 116 satoshi.
MM was dumped from 10 to 6 satoshi instantly.
|
|
|
|
|
Show Posts
