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themasknetwork (OP)
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April 09, 2016, 08:08:17 AM |
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How many total coins will there be to be mined?
Rules : - There are a total of 100.000.000 coins - The "premine" is 1% (1.000.000 coins ) - No more than 1.000.000 are distributed every year - 500.000 coins / year are distributed by interest (starts at 50% / year and decreases every day) - 500.000 coins / year are going to miners (a minute block time, 1 MSK / block reward). It's fixed. The short answer is 500.000 coins / year or 1440 coins / day. But, as i have already mentioned, miners will also need coins in order to mine or they are going to mine on a very high difficulty. |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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windjc
Legendary
 Offline
Activity: 2156
Merit: 1070
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April 09, 2016, 05:45:10 PM |
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How many total coins will there be to be mined?
Rules : - There are a total of 100.000.000 coins - The "premine" is 1% (1.000.000 coins ) - No more than 1.000.000 are distributed every year - 500.000 coins / year are distributed by interest (starts at 50% / year and decreases every day) - 500.000 coins / year are going to miners (a minute block time, 1 MSK / block reward). It's fixed. The short answer is 500.000 coins / year or 1440 coins / day. But, as i have already mentioned, miners will also need coins in order to mine or they are going to mine on a very high difficulty. Ok. I guess my question then is since it looks like out of the 1 million pre mined coins, not all of them are going to be sold, will the rest have a chance to be mined the first year and/or be given as interest? If not, what happens to them? And technically there are 525,600 minutes in a year. |
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Arrakeen
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April 09, 2016, 05:54:53 PM |
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- Decentralized online trading - Achieved on Mars, 7, 2016
If you already have traders on Mars, I'm going all in with this project  |
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themasknetwork (OP)
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April 09, 2016, 06:43:26 PM |
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- Decentralized online trading - Achieved on Mars, 7, 2016
If you already have traders on Mars, I'm going all in with this project Not yet, but who knows....  ) |
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GregH37
Legendary
Offline
Activity: 1302
Merit: 1037
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April 23, 2016, 03:09:29 AM |
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where can we sell mask coins? I see in site there are only buying option available. not selling option.
how to trade them.?
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mamamae
Legendary
Offline
Activity: 1188
Merit: 1001
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May 16, 2016, 05:23:57 PM
Last edit: May 16, 2016, 06:57:48 PM by mamamae |
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still waiting for an answer , you accept new coins to your exchange ,there is a
github ?
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reality ? you fell to Scammers after being in an ICO , IPO
(more like any other stock and index in the world ICO or not got your portfolio down 25 % or 85 %)
Now SEC is helping you getting back up your lost money maybe....
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themasknetwork (OP)
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May 17, 2016, 08:45:18 AM |
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where can we sell mask coins? I see in site there are only buying option available. not selling option.
how to trade them.?
There is no exchange. This is a presale. After the main net will be launched (next month) you will be able to buy / sell Maskcoins. |
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vprf
Newbie
Offline
Activity: 51
Merit: 0
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May 30, 2016, 09:27:04 PM |
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Looks like it almost Launch date. How are things going?
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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June 03, 2016, 06:41:05 AM |
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Ok, whats the status of this project. Have the bought coins be released? Is the developer still around? Its been a ghost town in here for weeks.
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coinsocieties
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June 03, 2016, 06:56:08 AM |
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A few questions to ask:
a) Have you published your test data with the testers. How many testers did it? Have you rewarded them?
b) What is the progress of pre-sale?
c) What is the status of the real net release and further information?
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vprf
Newbie
Offline
Activity: 51
Merit: 0
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June 04, 2016, 10:16:33 PM |
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A few questions to ask:
a) Have you published your test data with the testers. How many testers did it? Have you rewarded them?
b) What is the progress of pre-sale?
c) What is the status of the real net release and further information?
All good questions that should get some kind or response. |
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Arrakeen
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June 05, 2016, 12:46:25 AM |
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Still waiting for a tester position, any news?
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Mgrover
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June 05, 2016, 07:37:53 AM |
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still you need testers
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themasknetwork (OP)
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June 09, 2016, 09:15:38 PM |
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Ok, whats the status of this project. Have the bought coins be released? Is the developer still around? Its been a ghost town in here for weeks.
We are working on last details. The main net will be launched next month. On launch day, all investors will be able to use the public + private key to load their wallets. In the first weeks, you will be able to trade MaskCoins on our exchange(maskexchange.com) and yobit.com |
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mamamae
Legendary
Offline
Activity: 1188
Merit: 1001
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July 08, 2016, 07:07:02 PM |
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done ?
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reality ? you fell to Scammers after being in an ICO , IPO
(more like any other stock and index in the world ICO or not got your portfolio down 25 % or 85 %)
Now SEC is helping you getting back up your lost money maybe....
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vprf
Newbie
Offline
Activity: 51
Merit: 0
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July 11, 2016, 07:14:10 PM |
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Is there an update? Middle of July is soon. I know you were about 95% finished months ago, so I would expect something soon?
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themasknetwork (OP)
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July 12, 2016, 06:07:11 AM
Last edit: July 12, 2016, 07:27:41 AM by themasknetwork |
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Is there an update? Middle of July is soon. I know you were about 95% finished months ago, so I would expect something soon?
September, 1 is the launch date. The basic code was finished months ago but testing took a lot of time. |
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vprf
Newbie
Offline
Activity: 51
Merit: 0
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July 18, 2016, 03:45:06 AM |
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Sorry to hear about that. Thanks for the update, hope you can get things worked out.
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themasknetwork (OP)
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August 25, 2016, 08:43:06 AM |
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Ok. We have moved the network to main net. Until the old node operators move their websites, you can access the network on www.maskbuzz.comWe have also made some very important changes in the last 2 months : - The total supply was decreased from 100.000.000 coins to just 21.000.000 (the "premine" is the same). - The new coins will be distributed to content creators not by interest. By content we mean blog posts, comments, decentralized applications, assets and so on. - We have changed the mining algorithm from POW to delegated POW. That means only delegated miners can created new blocks. The miners are delegated by stake owners. The same ideea as steem but the implementation is 100% different. There are many, many details. Until de docs are updated, you can post your questions here. |
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TradeWallet
Newbie
Offline
Activity: 7
Merit: 0
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August 25, 2016, 10:58:30 AM |
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Interesting. I'll join this network today, although maskbuzz.com is offline right now.
Please let me know when it'll be online again. Thanks
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