[ANN] [GP] GoldPieces - MMO RPGs Live -Online RPG Gaming Currency -NO PREMINE

[inkha]

On halhan GP will be the gold pieces in the rpg used for buying items, p2p trading etc.

[TeamDisaster]

An update about the current state would be nice.

Which of the games announced in the OP are actually still being developed?

Dragon Knights of Valeria is being actively developed by CrytpoDatabase.  It's currently offline due to a problem with the domain host but has been massively updated over the last 12 months.  GP is one of the currently supported currencies which you can both earn and / or spend in-game.

Captain Disaster in Death Has a Million Stomping Boots is my game, and I can assure you that it is very much in development and nearing the final test phase for the first major release.  However you can't use GP in the game, it's an offline #pointandclick game.

Inkha is working on an online retro RPG.  Not quite sure how the crypto integration is going to work in this one, it's in a pre-alpha state atm.

There's also a Snake game online at playforcrypto.com that will let you earn GP./

Don't know about the others, maybe someone else will be able to chime in.


And.... OVER 75BTC traded in 24 hours?!?!?  What is this madness?!

I see, nice - thanks for the update!

Good to see you are developing a point and click game - best genre ever, as my avatar tells you

Haha I hadn't noticed!

Since that's the case, you might be interested in this recent release (nothing to do with me and I haven't had time to play it yet, but it looks like a cool parody game for MI fans) - http://www.adventuregamestudio.co.uk/site/games/game/2100/

Back on track... GP seems to still be trading strongly on Trex.   Would be nice if it stays around 10K sat.

[freebitcoins4u]

what is pos rate of GP? and is there any online wallet for staking?

thanks!

[crazyjack]

what is pos rate of GP? and is there any online wallet for staking?

thanks!

As i already mentioned in previous post, there is no online staking wallet and, as far as i know, in each block 2,5 GP coin is created.

[CryptoDatabase]

what is pos rate of GP? and is there any online wallet for staking?

thanks!

As i already mentioned in previous post, there is no online staking wallet and, as far as i know, in each block 2,5 GP coin is created.

Right, a max of 2.5 GP per block is generated. It is supposed to be a ridiculous stake percent a year like 500% but it is broken.

I just don't know the actual stake percent per year.

[crazyjack]

what is pos rate of GP? and is there any online wallet for staking?

thanks!

As i already mentioned in previous post, there is no online staking wallet and, as far as i know, in each block 2,5 GP coin is created.

Right, a max of 2.5 GP per block is generated. It is supposed to be a ridiculous stake percent a year like 500% but it is broken.

I just don't know the actual stake percent per year.

Well not that hard to calculate the annual stake rate. I have been measuring overall activity of GP coin, such as total coins, blocks and coins production per day etc...and if we take data from 13th March 2016 to 1st October 2016, here are my calculation.


*dots represent thousands, european standard

So what do we see here? If we extract data from above table we get:
Day passed: 202
Blocks per day generated: 1,428
Total new coins generated in observed time frame: 327,172
New coins per day produced: 1,620
Coin produced per block: 1,134274 GP coin / block

And what about annual stake?
Ok lets play with the numbers...
Daily inflation in observed time frame: (1,718,645.31 / 1,391,473.05) ^ (1 / 202 days) = 1.00105 is equal to 0.105% per day
Annual inflation would then be: 1.00105 ^ 365 days = 1.464591 is equal to 46.46% per year

I apologize in advance if there are any mistakes.

[CryptoDatabase]

what is pos rate of GP? and is there any online wallet for staking?

thanks!

As i already mentioned in previous post, there is no online staking wallet and, as far as i know, in each block 2,5 GP coin is created.

Right, a max of 2.5 GP per block is generated. It is supposed to be a ridiculous stake percent a year like 500% but it is broken.

I just don't know the actual stake percent per year.

Well not that hard to calculate the annual stake rate. I have been measuring overall activity of GP coin, such as total coins, blocks and coins production per day etc...and if we take data from 13th March 2016 to 1st October 2016, here are my calculation.


*dots represent thousands, european standard

So what do we see here? If we extract data from above table we get:
Day passed: 202
Blocks per day generated: 1,428
Total new coins generated in observed time frame: 327,172
New coins per day produced: 1,620
Coin produced per block: 1,134274 GP coin / block

And what about annual stake?
Ok lets play with the numbers...
Daily inflation in observed time frame: (1,718,645.31 / 1,391,473.05) ^ (1 / 202 days) = 1.00105 is equal to 0.105% per day
Annual inflation would then be: 1.00105 ^ 365 days = 1.464591 is equal to 46.46% per year

I might made some mistakes, i apologize in advance if there is any.

Ah yes, calculating the overall stake is pretty simple, my issue is with the percent that I gain from my coins. I can't accurately judge what percent that I gain for example.

If the GP wallet were to be fixed with a stable stake rate then I can add GP to the DKV2 Vault.

[crazyjack]

what is pos rate of GP? and is there any online wallet for staking?

thanks!

As i already mentioned in previous post, there is no online staking wallet and, as far as i know, in each block 2,5 GP coin is created.

Right, a max of 2.5 GP per block is generated. It is supposed to be a ridiculous stake percent a year like 500% but it is broken.

I just don't know the actual stake percent per year.

Well not that hard to calculate the annual stake rate. I have been measuring overall activity of GP coin, such as total coins, blocks and coins production per day etc...and if we take data from 13th March 2016 to 1st October 2016, here are my calculation.


*dots represent thousands, european standard

So what do we see here? If we extract data from above table we get:
Day passed: 202
Blocks per day generated: 1,428
Total new coins generated in observed time frame: 327,172
New coins per day produced: 1,620
Coin produced per block: 1,134274 GP coin / block

And what about annual stake?
Ok lets play with the numbers...
Daily inflation in observed time frame: (1,718,645.31 / 1,391,473.05) ^ (1 / 202 days) = 1.00105 is equal to 0.105% per day
Annual inflation would then be: 1.00105 ^ 365 days = 1.464591 is equal to 46.46% per year

I might made some mistakes, i apologize in advance if there is any.

Ah yes, calculating the overall stake is pretty simple, my issue is with the percent that I gain from my coins. I can't accurately judge what percent that I gain for example.

If the GP wallet were to be fixed with a stable stake rate then I can add GP to the DKV2 Vault.

Hm, but why not taking daily (or weekly, or even monthly) adjusted annual stake rate? Take two variables, calculate the difference and make automatic adjustment to staking rate.

[CryptoDatabase]

Hm, but why not taking daily (or weekly, or even monthly) adjusted annual stake rate? Take two variables, calculate the difference and make automatic adjustment to staking rate.

Well, we know that a max of 2.5 GP are given out per staked block which can give an accurate estimate of what percent a year would bring in for everyone combined but what about the individual balances.

For example, over the last 5 days I have gained 118 GP which is 23.6 GP/day on average which totals 708 GP/month.

118 / 5 * 30 / 60928 * 100 * 12 = 13.94% a year if I go by what has come in over the last 5 days.

This isn't accurate by far as it is only for 5 days but it isn't possible for me to track a full 30 days to get a more accurate total as coins are constantly coming in and out of my wallet and the balance changes frequently.

[crazyjack]

Hm, but why not taking daily (or weekly, or even monthly) adjusted annual stake rate? Take two variables, calculate the difference and make automatic adjustment to staking rate.

Well, we know that a max of 2.5 GP are given out per staked block which can give an accurate estimate of what percent a year would bring in for everyone combined but what about the individual balances.

For example, over the last 5 days I have gained 118 GP which is 23.6 GP/day on average which totals 708 GP/month.

118 / 5 * 30 / 60928 * 100 * 12 = 13.94% a year if I go by what has come in over the last 5 days.

This isn't accurate by far as it is only for 5 days but it isn't possible for me to track a full 30 days to get a more accurate total as coins are constantly coming in and out of my wallet and the balance changes frequently.

On your data i got 15.17% annual interest rate, so its almost the same. I understand your concern, but what about if you set an estimated value, like 10%? That would do it, wouldn't it?! I guess not many will choose that option, but still it's an option.

[crazyjack]

Hm, but why not taking daily (or weekly, or even monthly) adjusted annual stake rate? Take two variables, calculate the difference and make automatic adjustment to staking rate.

Well, we know that a max of 2.5 GP are given out per staked block which can give an accurate estimate of what percent a year would bring in for everyone combined but what about the individual balances.

For example, over the last 5 days I have gained 118 GP which is 23.6 GP/day on average which totals 708 GP/month.

118 / 5 * 30 / 60928 * 100 * 12 = 13.94% a year if I go by what has come in over the last 5 days.

This isn't accurate by far as it is only for 5 days but it isn't possible for me to track a full 30 days to get a more accurate total as coins are constantly coming in and out of my wallet and the balance changes frequently.

Look it at that way. You are staking a large chunk of GPcoin so you have the higher possibility for a staking share then those who owns just a small pieces of GPcoin. Locking some of their GPcoin under DKV2 Vault would bring them the same staking rate as you have, so its a good choice for them.

[CryptoDatabase]

Hm, but why not taking daily (or weekly, or even monthly) adjusted annual stake rate? Take two variables, calculate the difference and make automatic adjustment to staking rate.

Well, we know that a max of 2.5 GP are given out per staked block which can give an accurate estimate of what percent a year would bring in for everyone combined but what about the individual balances.

For example, over the last 5 days I have gained 118 GP which is 23.6 GP/day on average which totals 708 GP/month.

118 / 5 * 30 / 60928 * 100 * 12 = 13.94% a year if I go by what has come in over the last 5 days.

This isn't accurate by far as it is only for 5 days but it isn't possible for me to track a full 30 days to get a more accurate total as coins are constantly coming in and out of my wallet and the balance changes frequently.

Look it at that way. You are staking a large chunk of GPcoin so you have the higher possibility for a staking share then those who owns just a small pieces of GPcoin. Locking some of their GPcoin under DKV2 Vault would bring them the same staking rate as you have, so its a good choice for them.

I suppose it could be put up for a vote in the DKV2 forums and see what players think. I'd be more comfortable knowing a full months stake though before doing anything with it as I would have a more accurate assumption on what would be coming in.

I may just be having a good stake week or a horrible one.

[TeamDisaster]

Is GP paired with any other currencies anywhere, or is there only the BTC market?

[inkha]

Is GP paired with any other currencies anywhere, or is there only the BTC market?

Bittrex is the only market I would trust right now. Do you know of any reputable markets that offer that kind of setup now by chance?

[crazyjack]

Is GP paired with any other currencies anywhere, or is there only the BTC market?

Bittrex is the only market I would trust right now. Do you know of any reputable markets that offer that kind of setup now by chance?

I believe each currency should be traded only on 1 or 2 exchanges. That would provide liquidity for supply and demand. Everything else is just plain open robbery by exchanges with their trading fees, especially Bittrex.

[inkha]

yeah i agree but i think we're only on one now, would be ideal to be on polo and bittrex to even it out

[TeamDisaster]

Seems to be quite good ongoing liquidity on Trex, was worried it was genuinely a shot in the dark pump and dump.

[*Sakura*]

yeah i agree but i think we're only on one now, would be ideal to be on polo and bittrex to even it out

I think that with current volumes and prices, as well as with the active participation of the community, we can achieve this goal.

[crazyjack]

Seems to be quite good ongoing liquidity on Trex, was worried it was genuinely a shot in the dark pump and dump.

I still believe this huge price increase in somehow being done by force by someone or group of individuals. We all like seeing this but i am afraid dark clouds will come again and put those dreams back to where it was before. Or there is a hidden project on a runway. We will see, I hope for the last that will come true.

[coinprince30]

Any plans to keep bittrex informed about the development activity in progress and Keep the coin listed.

It is up for delisting on Dec 9