miningfool
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April 22, 2015, 02:35:00 AM |
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The supply on this is going to be significantly smaller due to pos blocks
Dude, you need to read the OP. "POW Money Supply: 1.337 Million SLING" "Total POW 9759 blocks" "POW Reward: 137 SLING" It doesn't matter how many PoS blocks there are, there will be 1.337 million produced by the PoW blocks within the next 5 days ("Block space: 60 Seconds" X "Total POW 9759 blocks" = 9750 minutes = 162.5 hours = 6.77 days). The PoS rewards is just additional supply on top of that. No That's not how it works with these POS coins. They set a block height after which POW isn't accepted anymore. The more POS blocks that consume block height, the less POW blocks that there will be.
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stormia
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April 22, 2015, 02:38:17 AM |
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The supply on this is going to be significantly smaller due to pos blocks
Dude, you need to read the OP. "POW Money Supply: 1.337 Million SLING" "Total POW 9759 blocks" "POW Reward: 137 SLING" It doesn't matter how many PoS blocks there are, there will be 1.337 million produced by the PoW blocks within the next 5 days ("Block space: 60 Seconds" X "Total POW 9759 blocks" = 9750 minutes = 162.5 hours = 6.77 days). The PoS rewards is just additional supply on top of that. No That's not how it works with these POS coins. They set a block height after which POW isn't accepted anymore. The more POS blocks that consume block height, the less POW blocks that there will be. Well, that's not what it says in the OP. "POW Money Supply: 1.337 Million SLING" "Total POW 9759 blocks". Usually it would say "POW Block Height #####" If what you say is correct, which I don't doubt it is. Just confusing, is all. And it makes a big difference in the valuation of the coin so it might help if that was made clear.
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OneandOnly22
Member
Offline
Activity: 88
Merit: 10
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April 22, 2015, 02:49:08 AM |
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How many blocks are left till pow is complete?
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syclone
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April 22, 2015, 02:51:48 AM |
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When setting up the masternode, if we have the wallet on our own desktop, what IP do we use? Just any on the network or that of our own machine? #newb
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ntfl
Newbie
Offline
Activity: 40
Merit: 0
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April 22, 2015, 02:58:01 AM |
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When setting up the masternode, if we have the wallet on our own desktop, what IP do we use? Just any on the network or that of our own machine? #newb
#newb too. To run a master node, you only need to hold a certain amount of coins and listen=1 + open ports?
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miningfool
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April 22, 2015, 03:07:06 AM |
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The supply on this is going to be significantly smaller due to pos blocks
Dude, you need to read the OP. "POW Money Supply: 1.337 Million SLING" "Total POW 9759 blocks" "POW Reward: 137 SLING" It doesn't matter how many PoS blocks there are, there will be 1.337 million produced by the PoW blocks within the next 5 days ("Block space: 60 Seconds" X "Total POW 9759 blocks" = 9750 minutes = 162.5 hours = 6.77 days). The PoS rewards is just additional supply on top of that. No That's not how it works with these POS coins. They set a block height after which POW isn't accepted anymore. The more POS blocks that consume block height, the less POW blocks that there will be. Well, that's not what it says in the OP. "POW Money Supply: 1.337 Million SLING" "Total POW 9759 blocks". Usually it would say "POW Block Height #####" If what you say is correct, which I don't doubt it is. Just confusing, is all. And it makes a big difference in the valuation of the coin so it might help if that was made clear. I always go by what I see in the code when I check it out/do my due diligence and usually ignore anything else, but that's just me But I do get your point...
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tokyoghetto
Legendary
Offline
Activity: 1232
Merit: 1000
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April 22, 2015, 03:16:24 AM |
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so based on need 7331 SLING needed for a master nodes, how many masternodes can exist?
This reminds me of BCR where you nee 250k BCR for a banknode but there is only like 6 million coins in circulation.
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syclone
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April 22, 2015, 03:16:53 AM |
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Already have masternode up This coin collecting part from these transactions is insane easiest money I ever made. May evn go for 2.
Did you use a VPS or just the wallet on your desktop? Need some #cockholding (help)
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adaseb
Legendary
Offline
Activity: 3878
Merit: 1733
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April 22, 2015, 03:22:15 AM |
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Looks like the MinerPools is back online!
Spread the hashrate
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Payed2Pump
Newbie
Offline
Activity: 42
Merit: 0
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April 22, 2015, 03:23:11 AM |
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Already have masternode up This coin collecting part from these transactions is insane easiest money I ever made. May evn go for 2.
Did you use a VPS or just the wallet on your desktop? Need some #cockholding (help) lol love the #cockholding But yea u need a VPS just get one from amazon
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portice1
Newbie
Offline
Activity: 36
Merit: 0
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April 22, 2015, 03:23:17 AM |
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Read the thread fellas, christ, they spoonfeed how to set up a Masternode
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syclone
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April 22, 2015, 03:26:20 AM |
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Read the thread fellas, christ, they spoonfeed how to set up a Masternode
You STFU when you are talking to me. LOL.. Just kidding. We got it covered. A nerd in our group showed up when we mentioned free hookers and blow for help setting it up. EDIT: He says this wallet is SHIT. ACtually, "dude this is fucked" "releasing code without the necessary dependencies" Wtf put this shit together?? Continuing... "oh ffs" "rooookies" "they did actually include the deps" "BUt you have to build them yourself" "Sloppy"
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cryptocrap
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April 22, 2015, 03:32:11 AM |
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The supply on this is going to be significantly smaller due to pos blocks
Dude, you need to read the OP. "POW Money Supply: 1.337 Million SLING" "Total POW 9759 blocks" "POW Reward: 137 SLING" It doesn't matter how many PoS blocks there are, there will be 1.337 million produced by the PoW blocks within the next 5 days ("Block space: 60 Seconds" X "Total POW 9759 blocks" = 9750 minutes = 162.5 hours = 6.77 days). The PoS rewards is just additional supply on top of that. No That's not how it works with these POS coins. They set a block height after which POW isn't accepted anymore. The more POS blocks that consume block height, the less POW blocks that there will be. Well, that's not what it says in the OP. "POW Money Supply: 1.337 Million SLING" "Total POW 9759 blocks". Usually it would say "POW Block Height #####" If what you say is correct, which I don't doubt it is. Just confusing, is all. And it makes a big difference in the valuation of the coin so it might help if that was made clear. According to the first post is exactly this: Pow will end in 9759 block, each block generates 137 coins then (9759 x 137) total = 1,336,983.00 Now coin is working (POW + POS), so POS has been generated blocks and then sling will have a greater amount of coins until the end of the POW stage when it will generate only POS blocks. I dare say that sling will be able to have more than 1.6m coins in a week, all coins ready to dump, unless the dev can release some exclusive feature, miners gonna dump big.
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minerpools
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April 22, 2015, 03:34:29 AM |
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Alright, we're back online! It was very hard to apply the fix but we're hashing again.
Pool fees are being removed for the next 12hrs to compensate for all the trouble.
Thank you for your patience,
PD: Some balances are still being updated, and will increase very soon.
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syclone
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April 22, 2015, 04:02:06 AM |
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Alright we got it figured out....all is good in ChinaTown.
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Pizpie
Legendary
Offline
Activity: 971
Merit: 1000
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April 22, 2015, 04:19:39 AM |
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Alright we got it figured out....all is good in ChinaTown. Good to hear!!!
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I'm on Twitter: @mBTCPizpie
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fearcoka
Legendary
Offline
Activity: 1008
Merit: 1000
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April 22, 2015, 04:27:48 AM |
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Alright we got it figured out....all is good in ChinaTown. Good to hear!!! Take your time, no need to rush the masternodes guys please take your time hehehe
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Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
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trunks
Newbie
Offline
Activity: 28
Merit: 0
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April 22, 2015, 05:04:19 AM |
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how can people afford to make masternodes it is cost so much to mine and so much to buy i don't have 7 btc to buy a masternode it is not fair you guys will have fun without me masternode only for rich people
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yslyung
Legendary
Offline
Activity: 1500
Merit: 1002
Mine Mine Mine
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April 22, 2015, 05:11:42 AM |
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rich will always get RICHER n vice versa for the poor in the direct opposite sadly
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