highaltitude20322 (OP)
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Activity: 98
Merit: 10
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November 01, 2015, 02:46:03 PM |
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Is the buy wall guaranteed? How much of the BTC you receive will you use for the buy wall? How long will you keep up the buy wall? Hello! Thanks for the questions. The buy wall is 100% of the ICO and the wall will be up for 7 days minimum. We have a few plans for the post launch BTC since we'll have an XMT fund for development. One option that has been discussed is a buyback or extending the buy wall.
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highaltitude20322 (OP)
Member
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Activity: 98
Merit: 10
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November 01, 2015, 10:48:22 PM |
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Follow our twitter account: Summitcoin TwitterKeep an eye out, we're going to give away some XMT tonight!
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CryptoHobo
Legendary
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Activity: 1050
Merit: 1000
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November 02, 2015, 08:14:07 AM |
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problem with pow? suprnova : Round Progress: 25,218.13 % http://pool.summitco.in/ : 9,928.67% Of Expected Shares
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ktfutura
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November 02, 2015, 09:28:19 AM |
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haha, your shit ICO won't be added
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madmartyk
Legendary
Offline
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
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November 02, 2015, 11:50:51 AM |
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How can POW be over? In the OP is states
Total Coin Supply: 70,000,000 XMT Premine: (ICO*) - Block 1: 55,000,000 XMT Week 1: (ICO Period) - Block 2-11,000: 1 XMT/block - (10999 XMT) Month 1: Block 11,001 - Block 54200: 115 XMT/block - (4,967,885 XMT) Year 1: Block 54201 - Block 579801: 9.5 XMT/block - (4,993,200 XMT) Year 2-5: Block 579801 - End of Life: 2 XMT/block - (4,000,000 XMT)
Should POW go for 5 years?
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madmartyk
Legendary
Offline
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
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November 02, 2015, 12:05:31 PM |
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Also, hey YoBit, why can't we WD XMT? If we can WD, we can stake!
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kprell40
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November 02, 2015, 01:00:04 PM |
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How can POW be over? In the OP is states
Total Coin Supply: 70,000,000 XMT Premine: (ICO*) - Block 1: 55,000,000 XMT Week 1: (ICO Period) - Block 2-11,000: 1 XMT/block - (10999 XMT) Month 1: Block 11,001 - Block 54200: 115 XMT/block - (4,967,885 XMT) Year 1: Block 54201 - Block 579801: 9.5 XMT/block - (4,993,200 XMT) Year 2-5: Block 579801 - End of Life: 2 XMT/block - (4,000,000 XMT)
Should POW go for 5 years?
Should POW go for 5 years??
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madmartyk
Legendary
Offline
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
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November 02, 2015, 01:24:56 PM |
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How can POW be over? In the OP is states
Total Coin Supply: 70,000,000 XMT Premine: (ICO*) - Block 1: 55,000,000 XMT Week 1: (ICO Period) - Block 2-11,000: 1 XMT/block - (10999 XMT) Month 1: Block 11,001 - Block 54200: 115 XMT/block - (4,967,885 XMT) Year 1: Block 54201 - Block 579801: 9.5 XMT/block - (4,993,200 XMT) Year 2-5: Block 579801 - End of Life: 2 XMT/block - (4,000,000 XMT)
Should POW go for 5 years?
Should POW go for 5 years?? That is what the OP said. So I'm confused. Some time last night they killed POW, so I wasted hours of hash time.
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Maxikosw
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November 02, 2015, 01:33:08 PM |
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I think that just bad coding... Premine is way too large if mining end at this point...
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kprell40
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November 02, 2015, 01:40:41 PM |
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How can POW be over? In the OP is states
Total Coin Supply: 70,000,000 XMT Premine: (ICO*) - Block 1: 55,000,000 XMT Week 1: (ICO Period) - Block 2-11,000: 1 XMT/block - (10999 XMT) Month 1: Block 11,001 - Block 54200: 115 XMT/block - (4,967,885 XMT) Year 1: Block 54201 - Block 579801: 9.5 XMT/block - (4,993,200 XMT) Year 2-5: Block 579801 - End of Life: 2 XMT/block - (4,000,000 XMT)
Should POW go for 5 years?
Should POW go for 5 years?? That is what the OP said. So I'm confused. Some time last night they killed POW, so I wasted hours of hash time. I think but not sure it is a software glich or a setting issue in the chainparams.cpp File. https://github.com/summitcoin/summitcoin/blob/master/src/chainparams.cpp#L107 base58Prefixes[PUBKEY_ADDRESS] = list_of(63); base58Prefixes[SCRIPT_ADDRESS] = list_of(125); base58Prefixes[SECRET_KEY] = list_of(191); base58Prefixes[EXT_PUBLIC_KEY] = list_of(0x04)(0x88)(0xB2)(0x1E); base58Prefixes[EXT_SECRET_KEY] = list_of(0x04)(0x88)(0xAD)(0xE4); convertSeed6(vFixedSeeds, pnSeed6_main, ARRAYLEN(pnSeed6_main)); nLastPOWBlock = 8000; <----------------------- } virtual const CBlock& GenesisBlock() const { return genesis; } virtual Network NetworkID() const { return CChainParams::MAIN; } virtual const vector<CAddress>& FixedSeeds() const { return vFixedSeeds;
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iqlimasyadiqa
Legendary
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Activity: 1596
Merit: 1011
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November 02, 2015, 02:00:33 PM |
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I think that just bad coding... Premine is way too large if mining end at this point...
yes calculations including unreasonable. premine too big. the price will be falling down? yes
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madmartyk
Legendary
Offline
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
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November 02, 2015, 02:14:04 PM |
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I think that just bad coding... Premine is way too large if mining end at this point...
yes calculations including unreasonable. premine too big. the price will be falling down? yes In theory, say only 1BTC of the ICO is met, they will be burning 99BTC of the premine.
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madmartyk
Legendary
Offline
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
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November 02, 2015, 02:14:49 PM |
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But the DEV need to fix the POW part of the coin ASAP!!
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Maxikosw
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November 02, 2015, 02:31:36 PM |
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I think that just bad coding... Premine is way too large if mining end at this point...
yes calculations including unreasonable. premine too big. the price will be falling down? yes In theory, say only 1BTC of the ICO is met, they will be burning 99BTC of the premine. "5,000,000 XMT of the premine will go to the development fund as incentive to keep the devs active and engaged, as well as to be used for incentives and marketing" I think that too mutch. Like 10 times more that rest of coin owners atm.
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madmartyk
Legendary
Offline
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
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November 02, 2015, 02:37:25 PM |
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If all the POW completes that is 25% of the total coins. Way too much, if it gets dumped
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realcryptodisciple
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November 02, 2015, 03:22:16 PM |
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How can POW be over? In the OP is states
Total Coin Supply: 70,000,000 XMT Premine: (ICO*) - Block 1: 55,000,000 XMT Week 1: (ICO Period) - Block 2-11,000: 1 XMT/block - (10999 XMT) Month 1: Block 11,001 - Block 54200: 115 XMT/block - (4,967,885 XMT) Year 1: Block 54201 - Block 579801: 9.5 XMT/block - (4,993,200 XMT) Year 2-5: Block 579801 - End of Life: 2 XMT/block - (4,000,000 XMT)
Should POW go for 5 years?
Should POW go for 5 years?? That is what the OP said. So I'm confused. Some time last night they killed POW, so I wasted hours of hash time. I think but not sure it is a software glich or a setting issue in the chainparams.cpp File. https://github.com/summitcoin/summitcoin/blob/master/src/chainparams.cpp#L107 base58Prefixes[PUBKEY_ADDRESS] = list_of(63); base58Prefixes[SCRIPT_ADDRESS] = list_of(125); base58Prefixes[SECRET_KEY] = list_of(191); base58Prefixes[EXT_PUBLIC_KEY] = list_of(0x04)(0x88)(0xB2)(0x1E); base58Prefixes[EXT_SECRET_KEY] = list_of(0x04)(0x88)(0xAD)(0xE4); convertSeed6(vFixedSeeds, pnSeed6_main, ARRAYLEN(pnSeed6_main)); nLastPOWBlock = 8000; <----------------------- } virtual const CBlock& GenesisBlock() const { return genesis; } virtual Network NetworkID() const { return CChainParams::MAIN; } virtual const vector<CAddress>& FixedSeeds() const { return vFixedSeeds; https://github.com/ctgiant/litedoge---DO-NOT-USE/blob/ec47a47b213df28ff8832241d1e8a9c798cc60a0/src/chainparams.cpp#L95 nLastPOWBlock = 8000;
} virtual const CBlock& GenesisBlock() const { return genesis; } virtual Network NetworkID() const { return CChainParams::MAIN; } virtual const vector<CAddress>& FixedSeeds() const { return vFixedSeeds; }
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IOC_Lov3rs
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November 02, 2015, 03:52:07 PM |
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ICO? ? no thank you
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madmartyk
Legendary
Offline
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
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November 02, 2015, 04:01:55 PM |
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Since it looks like the coin function is broken (POW should be running), I think YoBit should cancel the ICO and refund all funds to buyers.
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