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Question: Nevacoin is scheduled to stop accepting PoW blocks in approx 14 years. What do you think about the idea that Nevacoin remains PoW minable FOREVER?
I love it! - 45 (38.5%)
I hate it! - 36 (30.8%)
I don't know what PoW is... - 6 (5.1%)
I don't care... - 30 (25.6%)
Total Voters: 117

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Author Topic: [ANN][NEVA] NevaCoin | PoS 2.0 / PoW Hybrid | Blake2s PoW | NO Premine |  (Read 77129 times)
berron
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March 07, 2016, 12:21:27 PM
 #81

I prepared everything perfect yesterday to launch the coin automatically this morning. I translate incorrectly unix time and i have started to mine one hour late. Shit and hate, next time use GMT format, dev.  Embarrassed
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krile
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March 07, 2016, 12:32:25 PM
 #82

I prepared everything perfect yesterday to launch the coin automatically this morning. I translate incorrectly unix time and i have started to mine one hour late. Shit and hate, next time use GMT format, dev.  Embarrassed

That is why I posted the unix time Smiley

But sorry that was my bad. The first pre-ann thread had athe wrong time, GMT confused me too. Nevas birth time was 10:58, but she was born in the +1 zone, so I had to update the genesis block.

Silly things one does not expect with all the other things that could go wrong.

If the mistake was caused by that first unix time in the draft OP you have my sincere apologies.

But in my defense, all the twitter/facebook/reddit and the official ANN here had the correct unix time posted for the last two days.

https://telegram.me/krile
Nevacoin dev - https://nevacoin.net
1EQChNVM81hGob1kjKC6h9WKDiFB2CQ1F5 - http://node.bit-coin.pw
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March 07, 2016, 12:39:39 PM
 #83

I prepared everything perfect yesterday to launch the coin automatically this morning. I translate incorrectly unix time and i have started to mine one hour late. Shit and hate, next time use GMT format, dev.  Embarrassed

That is why I posted the unix time Smiley

But sorry that was my bad. The first pre-ann thread had athe wrong time, GMT confused me too. Nevas birth time was 10:58, but she was born in the +1 zone, so I had to update the genesis block.

Silly things one does not expect with all the other things that could go wrong.

If the mistake was caused by that first unix time in the draft OP you have my sincere apologies.

But in my defense, all the twitter/facebook/reddit and the official ANN here had the correct unix time posted for the last two days.

Actually, since the source and wallets were posted the unix time was already correct. So it would be impossible for you to even see the wrong time in the PRE-ANN post.

So its your bad that you calculated it wrong.


https://telegram.me/krile
Nevacoin dev - https://nevacoin.net
1EQChNVM81hGob1kjKC6h9WKDiFB2CQ1F5 - http://node.bit-coin.pw
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March 07, 2016, 12:57:13 PM
 #84

buying for 5k per coin pm me
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March 07, 2016, 01:13:09 PM
 #85

why do you guys think that price will be raised? What the the unique features of this coin ? Want to know from the DEV

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March 07, 2016, 01:15:16 PM
 #86

Sum of the mining/staking schedule:


Halvig phase      Block Reward        New coins created    Total coins created     Approx Time (years)
0                       5                         13140000               13140000                  7
1                       2.5                      6570000                 19710000                  14  <--- END OF POW
2                       1.25                    3285000                  22995000                  21
3                       0.625                  1642500                  24637500                  28
4                       0.3125                 821250                   25458750                  35
5                       0.15625               410625                   25869375                  42
6                       0.078125             205312.5                 26074687.5               49
7                       0.0390625            102656.25              26177343.75              56
8                       0.01953125          51328.125              26228671.88              63
9                       0.009765625        25664.0625            26254335.94              70
10                     0.0048828125      12832.03125           26267167.97              77
                 .                    .                      .
                 .                    .                      .
                 .                    .                      .

Long story short, after about 35 years most of the coins will be created.




Really? 77 years ^^  Roll Eyes Huh Do you think your coin life 77 years?!

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March 07, 2016, 01:19:06 PM
 #87

Sum of the mining/staking schedule:


Halvig phase      Block Reward        New coins created    Total coins created     Approx Time (years)
0                       5                         13140000               13140000                  7
1                       2.5                      6570000                 19710000                  14  <--- END OF POW
2                       1.25                    3285000                  22995000                  21
3                       0.625                  1642500                  24637500                  28
4                       0.3125                 821250                   25458750                  35
5                       0.15625               410625                   25869375                  42
6                       0.078125             205312.5                 26074687.5               49
7                       0.0390625            102656.25              26177343.75              56
8                       0.01953125          51328.125              26228671.88              63
9                       0.009765625        25664.0625            26254335.94              70
10                     0.0048828125      12832.03125           26267167.97              77
                 .                    .                      .
                 .                    .                      .
                 .                    .                      .

Long story short, after about 35 years most of the coins will be created.




Really? 77 years ^^  Roll Eyes Huh Do you think your coin life 77 years?!

The rewards dont stop there, that is just the first 77 years, you can calculate the rest if you want.

But the planned life for this coin is FOREVER and EVER!  Shocked

https://telegram.me/krile
Nevacoin dev - https://nevacoin.net
1EQChNVM81hGob1kjKC6h9WKDiFB2CQ1F5 - http://node.bit-coin.pw
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March 07, 2016, 01:23:16 PM
 #88

not minable with gpu?
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March 07, 2016, 01:23:34 PM
 #89

Sum of the mining/staking schedule:


Halvig phase      Block Reward        New coins created    Total coins created     Approx Time (years)
0                       5                         13140000               13140000                  7
1                       2.5                      6570000                 19710000                  14  <--- END OF POW
2                       1.25                    3285000                  22995000                  21
3                       0.625                  1642500                  24637500                  28
4                       0.3125                 821250                   25458750                  35
5                       0.15625               410625                   25869375                  42
6                       0.078125             205312.5                 26074687.5               49
7                       0.0390625            102656.25              26177343.75              56
8                       0.01953125          51328.125              26228671.88              63
9                       0.009765625        25664.0625            26254335.94              70
10                     0.0048828125      12832.03125           26267167.97              77
                 .                    .                      .
                 .                    .                      .
                 .                    .                      .

Long story short, after about 35 years most of the coins will be created.




Really? 77 years ^^  Roll Eyes Huh Do you think your coin life 77 years?!

The rewards dont stop there, that is just the first 77 years, you can calculate the rest if you want.

But the planned life for this coin is FOREVER and EVER!  Shocked


xD what are the next steps?
Have you got an exchange platform?

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March 07, 2016, 01:23:48 PM
 #90

why do you guys think that price will be raised? What the the unique features of this coin ? Want to know from the DEV

Well algo is only cpu mining, dev have not premined it  or ICO, he didnt made fancy promises, the reward system is quite fair, the coin works really well, the pow and the pos have not issues, well this seems a nice and fair coin and today it is enough for an altcoin to  can get some value, of course only time will say.

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March 07, 2016, 01:39:02 PM
 #91

why do you guys think that price will be raised? What the the unique features of this coin ? Want to know from the DEV

Well algo is only cpu mining, dev have not premined it  or ICO, he didnt made fancy promises, the reward system is quite fair, the coin works really well, the pow and the pos have not issues, well this seems a nice and fair coin and today it is enough for an altcoin to  can get some value, of course only time will say.

There is further development planned of course, main short term focus right now is developing an android wallet.

I don't want to make any wishy washy empty promises.

The thing is, this coin is in no rush to get anywhere. A suitable supply will be created in the coming years.

The main plan is to ensure a slow emission and a fast and stable network, which is already being achieved. And also to enable mining to everyone for the next 14 years. Which none (or almost none, I didnt look at every coin out there) of the altcoins enable. All are mined in a week or a month and then its pure PoS.

What good is Proof Of Stake if you have to buy the coin on an exchange somewhere first so you can even start staking it?

And before that, you have to buy BTC to exchange it for the altcoin. Not everyone in the world has that kind of financial freedom. But a lot more people have access to a CPU and an internet connection.

This is the plan for this coin, if you don't like it go away and stop spamming the thread with silly questions on the first day this coin was launched.


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Nevacoin dev - https://nevacoin.net
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March 07, 2016, 02:03:55 PM
 #92

are you sure this is only cpu, the diff is already too damn high, 46 really? someone is mining with gpu for sure
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March 07, 2016, 02:10:49 PM
 #93

are you sure this is only cpu, the diff is already too damn high, 46 really? someone is mining with gpu for sure

Just look at the nethash, there is for sure someone mining with GPU already, as I said already, big SCAM, nothing more.
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March 07, 2016, 02:16:54 PM
 #94

you guys haven't heard from botnets, didn't you?

just for your information, 3ghs/s are only about 200 westmere 6cores.

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March 07, 2016, 02:19:12 PM
 #95

are you sure this is only cpu, the diff is already too damn high, 46 really? someone is mining with gpu for sure

Just look at the nethash, there is for sure someone mining with GPU already, as I said already, big SCAM, nothing more.
vps servers

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March 07, 2016, 02:20:31 PM
 #96

current difficulty=27  Shocked only cpu?
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March 07, 2016, 02:28:11 PM
 #97

The algorithm is same as blake256 or is new?

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March 07, 2016, 02:31:04 PM
 #98

The algorithm is same as blake256 or is new?
No.  BLAKE2s is optimized for 8- to 32-bit platforms and produces digests of any size between 1 and 32 bytes

A smartness bitcoin which will operate as the human brain can easily scale beyond the level of traffic VISA,Trainman pgp
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March 07, 2016, 02:36:56 PM
 #99

I prepared everything perfect yesterday to launch the coin automatically this morning. I translate incorrectly unix time and i have started to mine one hour late. Shit and hate, next time use GMT format, dev.  Embarrassed

That is why I posted the unix time Smiley

But sorry that was my bad. The first pre-ann thread had athe wrong time, GMT confused me too. Nevas birth time was 10:58, but she was born in the +1 zone, so I had to update the genesis block.

Silly things one does not expect with all the other things that could go wrong.

If the mistake was caused by that first unix time in the draft OP you have my sincere apologies.

But in my defense, all the twitter/facebook/reddit and the official ANN here had the correct unix time posted for the last two days.

Actually, since the source and wallets were posted the unix time was already correct. So it would be impossible for you to even see the wrong time in the PRE-ANN post.

So its your bad that you calculated it wrong.


Yes, and noone has said that was your fault, only GMT preference. I checked the date in the preann, and autocomplete of the unix time made the rest pf the trick when I went to check again yesterday. So my fault due to your initial mistake.
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March 07, 2016, 02:47:58 PM
 #100

interesting coin, what is the min amount required for staking?
also has this schedule also taken into account the effect of PoS miners/stakers. Correct me if i'm wrong but won't the PoS blocks begin to outpace the PoW blocks after some time, and dramatically reduce the time to halving/end of PoW mining?
 

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