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MissCrypto
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February 21, 2016, 05:51:16 AM |
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Looks like the next bitcoin in making, I'll mine some. Dev you probably have some big plans for this? You should at least add the links to pools to the OP.
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|̲̲̲͡͡͡ ̲▫̲͡ ̲̲̲͡͡π̲̲͡͡ ̲̲͡▫̲̲͡͡ ̲|̡̡̡ ̡ ̴̡ı̴̡̡ ̡͌l̡ ̴̡ı̴̴̡ ̡l̡*̡̡ ̴̡ı̴̴̡ ̡̡͡|̲̲̲͡͡͡ ̲▫̲͡ ̲̲̲͡͡π̲̲͡͡ ̲̲͡▫̲̲͡͡ | |
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arccoin (OP)
Newbie
 Offline
Activity: 49
Merit: 0
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February 21, 2016, 10:41:43 AM |
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Strange dev posted on his website virustotal and 0 viruses, need to investigate and check download link on website: http://aquariuscoin.comAlso state on website the following: ARC coin founder pool is currently at block 14121 with a little over 700.000 ARC. that will be distributed among the initial founders. Wouldn't that be 1.4M premine? Hi @anticlimax The old ARC blockchain has been a taken offline as the coin had an issue with blockhalving. The premine was ment as a giveaway but that is out now. The new PoW/PoS ARC is however not premined. Genesis Block 2016-02-18 09:32:06 Thank you and appologies for the confusion. |
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spartak_t
Legendary
Offline
Activity: 1960
Merit: 1176
@FAILCommunity
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February 21, 2016, 10:56:19 AM |
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If there are only 10k blocks with 100 coins reward there will be 1M coins in existence after PoW phase is over, not 42M as stated in the OP. There is also something else.
{
"version" : "v1.0.0.0-g32a928e",
"protocolversion" : 60013,
"walletversion" : 60000,
"newmint" : 0.00000000,
"stake" : 365.11343470,
"blocks" : 4428,
"timeoffset" : 6,
"moneysupply" : 281003.96916401,
"connections" : 19,
Currently there are 281k coins in exsistence, but explorer shows 249k. Dev?
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arccoin (OP)
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Activity: 49
Merit: 0
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February 21, 2016, 12:36:27 PM |
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Looks like the next bitcoin in making, I'll mine some. Dev you probably have some big plans for this? You should at least add the links to pools to the OP.
@MissCrypto "Next bitcoin in making" Nice  ARC is no way about competing with any crypto currency, for now its a blockchain ledger. Next steps are electrum wallets for android/ios. A BitcoinTalk community member was so kind to setup a pool https://pool.mn/arc . Thank you for your contribution. Have a nice sunny sunday. |
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krile
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February 21, 2016, 02:23:32 PM |
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If there are only 10k blocks with 100 coins reward there will be 1M coins in existence after PoW phase is over, not 42M as stated in the OP. There is also something else.
{
"version" : "v1.0.0.0-g32a928e",
"protocolversion" : 60013,
"walletversion" : 60000,
"newmint" : 0.00000000,
"stake" : 365.11343470,
"blocks" : 4428,
"timeoffset" : 6,
"moneysupply" : 281003.96916401,
"connections" : 19,
Currently there are 281k coins in exsistence, but explorer shows 249k. Dev?
I think the explorer is lagging behind on the money supply, everytime I checked it was less than my node is reporting, but it is still increasing nonetheless. This is more a question for blockexperts.com than the dev. And from my point of view is a non-issue. About the 42M. It doesnt say anywhere that the PoW phase will produce 42M. That amount will be reached over time with 1% PoS. When that number is reached, Pos miners will only collect the fees and no new coins will be created. The PoW phase will produce approximately 1M coins. But that number will be lower because there are already POS blocks being mined which do not recieve the 100 coin reward. So PoW stops at block height 10000, but since there will also be PoS blocks contributing to the height, the amount of coins in existence when PoW stops will be less than 1 milion. Hope this answers your question. |
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spartak_t
Legendary
Offline
Activity: 1960
Merit: 1176
@FAILCommunity
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February 21, 2016, 02:30:57 PM |
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If there are only 10k blocks with 100 coins reward there will be 1M coins in existence after PoW phase is over, not 42M as stated in the OP. There is also something else.
{
"version" : "v1.0.0.0-g32a928e",
"protocolversion" : 60013,
"walletversion" : 60000,
"newmint" : 0.00000000,
"stake" : 365.11343470,
"blocks" : 4428,
"timeoffset" : 6,
"moneysupply" : 281003.96916401,
"connections" : 19,
Currently there are 281k coins in exsistence, but explorer shows 249k. Dev?
About the 42M. It doesnt say anywhere that the PoW phase will produce 42M. That amount will be reached over time with 1% PoS. When that number is reached, Pos miners will only collect the fees and no new coins will be created. The PoW phase will produce approximately 1M coins. But that number will be lower because there are already POS blocks being mined which do not recieve the 100 coin reward. So PoW stops at block height 10000, but since there will also be PoS blocks contributing to the height, the amount of coins in existence when PoW stops will be less than 1 milion. Hope this answers your question. So if we assume that PoW phase will be with exactly 1M coins in existence and PoS interest is exactly 1%, then it would take about 4100 years for all the coins to be mined!  |
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krile
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February 21, 2016, 02:36:04 PM |
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If there are only 10k blocks with 100 coins reward there will be 1M coins in existence after PoW phase is over, not 42M as stated in the OP. There is also something else.
{
"version" : "v1.0.0.0-g32a928e",
"protocolversion" : 60013,
"walletversion" : 60000,
"newmint" : 0.00000000,
"stake" : 365.11343470,
"blocks" : 4428,
"timeoffset" : 6,
"moneysupply" : 281003.96916401,
"connections" : 19,
Currently there are 281k coins in exsistence, but explorer shows 249k. Dev?
About the 42M. It doesnt say anywhere that the PoW phase will produce 42M. That amount will be reached over time with 1% PoS. When that number is reached, Pos miners will only collect the fees and no new coins will be created. The PoW phase will produce approximately 1M coins. But that number will be lower because there are already POS blocks being mined which do not recieve the 100 coin reward. So PoW stops at block height 10000, but since there will also be PoS blocks contributing to the height, the amount of coins in existence when PoW stops will be less than 1 milion. Hope this answers your question. So if we assume that PoW phase will be with exactly 1M coins in existence and PoS interest is exactly 1%, then it would take about 4100 years for all the coins to be mined! Exactly! So we don't have to worry about the 42 milion in our lifetime  |
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spartak_t
Legendary
Offline
Activity: 1960
Merit: 1176
@FAILCommunity
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February 21, 2016, 03:12:19 PM |
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Yeah. Not to mention that if the PoS kicks after 10k blocks there will be probably about ~600k coins in circulation. I am Aquarius so will mine it for a bit and see what happens. |
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tekyboy
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February 21, 2016, 11:46:59 PM |
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Cheers mate, i setup everything last night but dont know why didnt start pool |
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MissCrypto
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February 22, 2016, 07:02:32 AM |
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I meant that you should include the links to the pools in the first post so that people can easily find them instead of searching trough the thread. |
|̲̲̲͡͡͡ ̲▫̲͡ ̲̲̲͡͡π̲̲͡͡ ̲̲͡▫̲̲͡͡ ̲|̡̡̡ ̡ ̴̡ı̴̡̡ ̡͌l̡ ̴̡ı̴̴̡ ̡l̡*̡̡ ̴̡ı̴̴̡ ̡̡͡|̲̲̲͡͡͡ ̲▫̲͡ ̲̲̲͡͡π̲̲͡͡ ̲̲͡▫̲̲͡͡ | |
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gambino
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February 23, 2016, 12:25:08 PM |
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POW is over.
559k coins generated
What next?
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arccoin (OP)
Newbie
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Activity: 49
Merit: 0
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February 23, 2016, 12:47:52 PM |
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Very nice will PMju soon. |
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arccoin (OP)
Newbie
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Activity: 49
Merit: 0
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February 28, 2016, 08:56:07 AM |
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Dear ARC supporters. Thank you all for a very warm welcome to the brand new cryptocurrency ledger AquariusCoin. Appologies for the lack of updates but rest ashure we are moving forward. The current priority is seting up electrum servers for mobile wallets. We are happy to inform you that the network is stable and PoS blocks are running smoothly. A stable node network of 20plus devices is fully operational. Stay tuned for bounties and dont forget to follow us on twitter https://twitter.com/ArcCoin. |
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Joshua kingpin
Member
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Activity: 121
Merit: 10
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February 28, 2016, 11:32:29 AM |
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So, no Trojans here?
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arccoin (OP)
Newbie
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Activity: 49
Merit: 0
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February 28, 2016, 06:27:59 PM |
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Vaccomondus
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February 28, 2016, 06:34:23 PM |
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by the look of it, i think this is a shit coin
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arccoin (OP)
Newbie
Offline
Activity: 49
Merit: 0
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February 28, 2016, 06:36:19 PM |
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Yeah. Not to mention that if the PoS kicks after 10k blocks there will be probably about ~600k coins in circulation. I am Aquarius so will mine it for a bit and see what happens. Glad to have you with us Spartak the Aquarius |
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arccoin (OP)
Newbie
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Activity: 49
Merit: 0
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February 29, 2016, 12:28:55 PM |
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by the look of it, i think this is a shit coin
28.2.2016 Current total ARC 558975 Theoretical first year stake 5589 1y: 56464 Total ARC supply Estimate how long will ARC blocks stake to max coin supply of 42 million ARC. I belive its a little too early to call it a shit coin. Have a great day. |
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arccoin (OP)
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Activity: 49
Merit: 0
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March 03, 2016, 11:55:38 AM
Last edit: March 03, 2016, 03:11:05 PM by arccoin |
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So what next you got any roadmap or mayby some plan to add this coin to exchange ?
Hi Toronto vote-ing is on at C-CEX https://c-cex.com/?id=vote&coin=arcYobit.net listing request will be done by mid march. Our top priority right now are mobile wallets. Thank you and have great day. |
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