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Author Topic: SUPERCOIN'S REVIVAL  (Read 113452 times)
pro-investor
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February 20, 2016, 11:06:28 AM
 #321

I don't think you're following the conversation properly! Griffith asked what the community would want the max to be. I said 50 million max super.

So pro-investor what would you like the max supply for Super?
Btw this isn't the first time that I have realized that you're misunderstanding something. Is english your native language?

So maybe you can't read... "At least until there will be a new wallet the Max coin supply is without limit." and yes I follow the conversation and have noticed that you are a cheerleader that sometimes gives incorrect information.

Don't worry about my english....it's good enough for you to understand what I am saying....if you read the whole message.

The Max supply is a number that is there to limit the max coins that can be send in 1 transaction. Your fixation with that number is unreal. If the coin reaches that number then the only thing that changes will be that the PoS will stop to generate the 1% interest as it's written in the code atm.
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February 20, 2016, 11:32:15 AM
 #322

I don't think you're following the conversation properly! Griffith asked what the community would want the max to be. I said 50 million max super.

So pro-investor what would you like the max supply for Super?
Btw this isn't the first time that I have realized that you're misunderstanding something. Is english your native language?

So maybe you can't read... "At least until there will be a new wallet the Max coin supply is without limit." and yes I follow the conversation and have noticed that you are a cheerleader that sometimes gives incorrect information.

Don't worry about my english....it's good enough for you to understand what I am saying....if you read the whole message.

The Max supply is a number that is there to limit the max coins that can be send in 1 transaction. Your fixation with that number is unreal. If the coin reaches that number then the only thing that changes will be that the PoS will stop to generate the 1% interest as it's written in the code atm.
I think you should PM the Dev aka Griffith.  I'm not the Dev but I am in charge of the PR for Supercoin.  I will keep doing my best to support the revival of Supercoin. Btw you seem very aggressive towards me as if I am hurting the community.  I hope you have a great weekend!
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February 20, 2016, 01:17:53 PM
 #323

The Max supply is a number that is there to limit the max coins that can be send in 1 transaction. Your fixation with that number is unreal. If the coin reaches that number then the only thing that changes will be that the PoS will stop to generate the 1% interest as it's written in the code atm.
Normally you would be correct and it is only a limit on the amount that can be sent in a single transaction.

We do need Griffith to clear up exactly what he means, whether max amount can be sent in 1 transaction or Total Maximum # of coins.


Griffin, once mentioned something like that for Eccoin , limiting the total amount not just the max amount per transaction,
here is the link
https://bitcointalk.org/index.php?topic=728071.msg10755530#msg10755530

 Cool

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February 20, 2016, 01:22:01 PM
 #324

I am in charge of the PR for Supercoin.  I will keep doing my best to revival Supercoin.

You are doing a Great Job, Super is showing signs of Life again!   Smiley


 Cool
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SUPERCOIN'WEBSITE -----> http://www.the-node.net/


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February 20, 2016, 01:38:48 PM
 #325


SPECIFICATIONS
X11
PoW/PoS independent
3 transaction confirmations (<= very fast transaction of less than 1 minute on average)
50 minted block confirmations
90 sec PoW block time
Diff retarget each block for PoW
Initial payout will be 512 coins per block
True randomness, no cheat from someone with big hashpower
Block payout will be halved every one and half months (45 days).
Minimum PoW payout for will be 1 coin/block.
Total PoW coins will be 50,000,000.
Total coins (including PoS) will be about 150,000,000.
 
POS INFORMATION
20 sec PoS block time
Diff retarget each block for PoS
Minimum hold for PoS: 1 day
Maximum hold for PoS (over which coin-day no longer accumulated): 60 days
Variable PoS payout:
1st year:  100%
2nd year: 50%
3rd and subsequent years: 1%


Everything appears to be Super.  Can it just stay as is?   Or is there an issue with Super or idea to make it better?
When i see Total coins (including PoS) will be about 150,000,000.... i understand that to mean, Total coins (including PoS) will be about 150,000,000 and upwards as Inflation will never cease.(same as all crypto's)
Are we really discussing total coins or more how to get inflation control Super?
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February 20, 2016, 01:58:43 PM
 #326


SPECIFICATIONS
X11
PoW/PoS independent
3 transaction confirmations (<= very fast transaction of less than 1 minute on average)
50 minted block confirmations
90 sec PoW block time
Diff retarget each block for PoW
Initial payout will be 512 coins per block
True randomness, no cheat from someone with big hashpower
Block payout will be halved every one and half months (45 days).
Minimum PoW payout for will be 1 coin/block.
Total PoW coins will be 50,000,000.
Total coins (including PoS) will be about 150,000,000.
 
POS INFORMATION
20 sec PoS block time
Diff retarget each block for PoS
Minimum hold for PoS: 1 day
Maximum hold for PoS (over which coin-day no longer accumulated): 60 days
Variable PoS payout:
1st year:  100%
2nd year: 50%
3rd and subsequent years: 1%


Everything appears to be Super.  Can it just stay as is?   Or is there an issue with Super or idea to make it better?
When i see Total coins (including PoS) will be about 150,000,000.... i understand that to mean, Total coins (including PoS) will be about 150,000,000 and upwards as Inflation will never cease.(same as all crypto's)
Are we really discussing total coins or more how to get inflation control Super?


Great question!  Griffith will explain when he is awake and available.  Remember he is working on the website and then he has to find a way to lower the amount of ram the supercoin wallet utilizes.
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February 20, 2016, 03:20:26 PM
 #327

I don't think you're following the conversation properly! Griffith asked what the community would want the max to be. I said 50 million max super.

So pro-investor what would you like the max supply for Super?
Btw this isn't the first time that I have realized that you're misunderstanding something. Is english your native language?

So maybe you can't read... "At least until there will be a new wallet the Max coin supply is without limit." and yes I follow the conversation and have noticed that you are a cheerleader that sometimes gives incorrect information.

Don't worry about my english....it's good enough for you to understand what I am saying....if you read the whole message.

The Max supply is a number that is there to limit the max coins that can be send in 1 transaction. Your fixation with that number is unreal. If the coin reaches that number then the only thing that changes will be that the PoS will stop to generate the 1% interest as it's written in the code atm.
I think you should PM the Dev aka Griffith.  I'm not the Dev but I am in charge of the PR for Supercoin.  I will keep doing my best to support the revival of Supercoin. Btw you seem very aggressive towards me as if I am hurting the community.  I hope you have a great weekend!

I am not aggressive at all....you just need to give the correct information and maybe communicate with Griffith....you are doing a good job btw
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February 20, 2016, 03:43:33 PM
 #328

A week ago i could not even get a connection in the wallet, today i have 15 connections all the time!
That is definitely an improvement.

There is some smallish volume building up at yobit, even bought another 100k hehe.

Hope the coin will get its revival. The new web page and info graphic  OP are both good ideas.
However i really think we need to get some respected members of the community to check the code and confirm that it does what it does.
fuze0000 - maybe try and find such developers that are willing to do that, for a price ofcourse. We can set up a donation wallet and collect that amount.

I am not sure if the MAX SUPPLY should be touched. Currently it should be at 150m coins in a decent period sounds great.
Maybe just do a community vote about the 3+ year stake, 1% IS kinda low and can kill the idea. Maybe leave it at something like 15%? I am not sure, but that's what the community is here:)
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February 20, 2016, 04:13:56 PM
 #329

Hello from alcurEX.
SuperCoin SUPER has been added in alcurEX.

BTC market https://alcurex.org/index.php/crypto/market?pair=SUPER_BTC
Welcome!
-halibit-



API calls for coinmarketcap etc integration are:
24h currency vol
https://alcurex.org/api/market.php?currency=SUPER&interval=24

Last price:
https://alcurex.org/api/market.php?pair=SUPER_BTC&last=last

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February 20, 2016, 04:50:18 PM
 #330

michaeltammerijn  -  may be he a developer оf supercoin ? Spain ?
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February 20, 2016, 05:09:35 PM
 #331

michaeltammerijn  -  may be he a developer оf supercoin ? Spain ?

No, I am not a developer. I can compile a mac wallet and sometimes even with that I have a problem. Yes, I life in Spain and I am following the 3 former trusted cryptos coin

⫷⫸⫷⫸⫷⫸⫷⫸  Scrypt Coin With Zero Inflation  ●  Active Development
⫷⫸  ECC   ⫷⫸  Scrypt Coin Referencing Bitcoin 0.12.1      
⫷⫸⫷⫸⫷⫸⫷⫸ Whitepaper  ● Github  ●  Website  ●  Twitter
zebbra2014
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February 20, 2016, 05:18:04 PM
 #332

michaeltammerijn  -  may be he a developer оf supercoin ? Spain ?

No, I am not a developer. I can compile a mac wallet and sometimes even with that I have a problem. Yes, I life in Spain and I am following the 3 former trusted cryptos coin


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February 20, 2016, 05:37:39 PM
 #333

Hello from alcurEX.
SuperCoin SUPER has been added in alcurEX.

BTC market https://alcurex.org/index.php/crypto/market?pair=SUPER_BTC
Welcome!
-halibit-



API calls for coinmarketcap etc integration are:
24h currency vol
https://alcurex.org/api/market.php?currency=SUPER&interval=24

Last price:
https://alcurex.org/api/market.php?pair=SUPER_BTC&last=last

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February 20, 2016, 05:42:39 PM
 #334

ok lemme restate the question cuz you all posted at like 4am my time anddd everyone seems confused.

MAX_MONEY is the maximum amount of coins that can be sent in one transaction. i am not talking about that.

i am asking what the maximum number of coins to be made is. the total coin supply right now is about 37 million. there is no limit on how many supercoins can be made right now. what should i cap that at?

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February 20, 2016, 05:46:17 PM
 #335

ok lemme restate the question cuz you all posted at like 4am my time anddd everyone seems confused.

MAX_MONEY is the maximum amount of coins that can be sent in one transaction. i am not talking about that.

i am asking what the maximum number of coins to be made is. the total coin supply right now is about 37 million. there is no limit on how many supercoins can be made right now. what should i cap that at?
I am ok with 150 Million or less!

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February 20, 2016, 05:56:48 PM
 #336

ok lemme restate the question cuz you all posted at like 4am my time anddd everyone seems confused.

MAX_MONEY is the maximum amount of coins that can be sent in one transaction. i am not talking about that.

i am asking what the maximum number of coins to be made is. the total coin supply right now is about 37 million. there is no limit on how many supercoins can be made right now. what should i cap that at?

Maybe we can calculate it because it all depends on the interest rate that you gonna put it at. At 1% a year then 75 million is a nice number....if you go with 15% a year then the total supply needs to be different.

So lets think first and then act
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February 20, 2016, 06:00:58 PM
 #337

ok lemme restate the question cuz you all posted at like 4am my time anddd everyone seems confused.

MAX_MONEY is the maximum amount of coins that can be sent in one transaction. i am not talking about that.

i am asking what the maximum number of coins to be made is. the total coin supply right now is about 37 million. there is no limit on how many supercoins can be made right now. what should i cap that at?

Maybe we can calculate it because it all depends on the interest rate that you gonna put it at. At 1% a year then 75 million is a nice number....if you go with 15% a year then the total supply needs to be different.

So lets think first and then act

Do you believe it is possible to have the max at 100 million with an interest rate that is between 1% to 7%?

If the PoS interest rate is 15% what is a reasonable max and why?
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February 20, 2016, 06:08:11 PM
 #338

Isn't the current max number of Super coins 150 million and not unlimited? Or am i getting something wrong.

Anyway, i would say max supply 150 million with something like 5 to 10% POS (some one has to make some calculations, like how many coins will there be in 5 years with say 10% POS).
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February 20, 2016, 06:12:29 PM
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Agreed! We need someone to do calculations!
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February 20, 2016, 06:18:50 PM
 #340

ok lemme restate the question cuz you all posted at like 4am my time anddd everyone seems confused.

MAX_MONEY is the maximum amount of coins that can be sent in one transaction. i am not talking about that.

i am asking what the maximum number of coins to be made is. the total coin supply right now is about 37 million. there is no limit on how many supercoins can be made right now. what should i cap that at?

Maybe we can calculate it because it all depends on the interest rate that you gonna put it at. At 1% a year then 75 million is a nice number....if you go with 15% a year then the total supply needs to be different.

So lets think first and then act

Do you believe it is possible to have the max at 100 million with an interest rate that is between 1% to 7%?

If the PoS interest rate is 15% what is a reasonable max and why?



At this moment the money supply is 36,701,287. So @7% a year you would start with 2,500,000 coins added the first year. This will quantity will increase every year with 7%. First 5 years will bring us to about 50 million. So yes imho 1-7 % with 100 million will give SUPER about 15 years to continue.

The higher the PoS rate the higher the max should be if you want the coin to continue

Edit: These are not absolute numbers because the PoS generation is not accurate like 7% is the max but not the actual increase of coins
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