Mohareb
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May 15, 2016, 08:50:44 PM |
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Specifications: X11 algorithm PoW and PoS PoW 10 CHILI block reward PoS 10% interest Minimum PoS coin age 4 hours Maximum PoS coin age 256 days 120 seconds block time RPC port: 54219 P2P port: 54218
ICO information: ICO price: 0.00000010 ICO coins: 100000000 ICO Total: BTC 10
The calculations and properties of coin are not perfect. 10 chili each block reward is very very low for 10 satoshi price at ICO. Suppose price will go above 50 satoshi (almost 5 times bigger than ico price), With current difficulty everyone could earn maximum 7000 Coins by 350 Mh/s for a day. Thus 7000*50=0.0035 BTc . this is very very low for miners with 350 Mh/s hash power. There are so many mineable coins with higher profitability
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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience - Most Trusted & Popular Bitcoin Game @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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ChiliCoin (OP)
Newbie
Offline
Activity: 56
Merit: 0
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May 15, 2016, 08:56:00 PM |
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Specifications: X11 algorithm PoW and PoS PoW 10 CHILI block reward PoS 10% interest Minimum PoS coin age 4 hours Maximum PoS coin age 256 days 120 seconds block time RPC port: 54219 P2P port: 54218
ICO information: ICO price: 0.00000010 ICO coins: 100000000 ICO Total: BTC 10
The calculations and properties of coin are not perfect. 10 chili each block reward is very very low for 10 satoshi price at ICO. Suppose price will go above 50 satoshi (almost 5 times bigger than ico price), With current difficulty everyone could earn maximum 7000 Coins by 350 Mh/s for a day. Thus 7000*850=0.0035 BTc . this is very very low for miners with 350 Mh/s hash power. There are so many mineable coins with higher profitability We did that for a reason. Miners tend to dump all their earnings so we want to make it less attractive to mine. The blockchain can work perfectly with people only staking the coin. So we did not want to exclude miners, we are protecting our investors from miners that dump their earnings. About the price of ChiliCoin; We think that 100 satoshi will be in reach after the ICO. At this moment people have the chance to buy our coin for a very reasonable price. We want to reward the early birds. Once we have released some of our games we expect the price to go around 100 satoshi.
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logocreator
Legendary
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Activity: 1134
Merit: 1000
www.cryptodesign.cc
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May 15, 2016, 09:05:07 PM Last edit: May 16, 2016, 05:48:28 PM by logocreator |
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ChiliCoin (OP)
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Activity: 56
Merit: 0
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May 15, 2016, 09:09:35 PM |
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If you like the logo send 100K to address: c8uC46hdwWpr2QCo4H21sgsfoCToWEsnXq Yes! We like that logo. Have to say that osmiumcoin is also doing a design. I think it is fair to wait for that.
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logocreator
Legendary
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Activity: 1134
Merit: 1000
www.cryptodesign.cc
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May 15, 2016, 09:13:02 PM |
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Ok, please do not qoute my logos, as will be edited and sold to another company, if not accepted here. Thanks
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killerjoegreece
Legendary
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Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
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May 15, 2016, 09:14:20 PM |
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maybe we can have a vote on the logo.
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logocreator
Legendary
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Activity: 1134
Merit: 1000
www.cryptodesign.cc
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May 15, 2016, 09:16:52 PM |
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Thank you!
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ChiliCoin (OP)
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Activity: 56
Merit: 0
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May 15, 2016, 09:22:43 PM |
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maybe we can have a vote on the logo.
Sure we can. Once osmiumcoin has posted his work I will open a poll.
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killerjoegreece
Legendary
Offline
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
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May 15, 2016, 09:32:23 PM |
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The ICO has 5 days holding period. Which means if something goes wrong we get our money back by the icostart.com admin. I dont think anything will go wrong.
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killerjoegreece
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Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
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May 15, 2016, 09:49:28 PM |
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"proof-of-work" : 14.14641920, "proof-of-stake" : 0.00024414 going up !
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OSMIUMCOIN
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May 15, 2016, 09:55:48 PM Last edit: May 15, 2016, 10:17:31 PM by OSMIUMCOIN |
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killerjoegreece
Legendary
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Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
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May 15, 2016, 10:09:02 PM |
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lets vote dev
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Gas
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Activity: 30
Merit: 0
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May 15, 2016, 10:39:04 PM |
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OSMIUMCOIN
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May 15, 2016, 10:45:24 PM |
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what problem ?, You see somewhere watermark? I have account on fotolia
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killerjoegreece
Legendary
Offline
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
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May 15, 2016, 11:04:11 PM |
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what problem ?, You see somewhere watermark? I have account on fotolia i think this belongs to osmiumcoin
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bathrobehero
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Activity: 2002
Merit: 1051
ICO? Not even once.
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May 16, 2016, 01:52:38 AM |
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if (pindexBest->nHeight+1 == 1) { nSubsidy = 110000000 * COIN; return nSubsidy; } else { nSubsidy = 10 * COIN; }
11 million PoW blocks worth of premine. Funny shit. Whats so funny? The fact that you're expecting people to mine your shit while your premine is more than 41 years (or 3.8 years without ICO) worth of mining. You're either a dumbfuck scammer or a naive shithead with zero knowledge of crypto. Whatever the case might be this coins is beyond funny and no self respecting miner will ever mine this nor self respecing trader will ever invest in.
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Not your keys, not your coins!
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Anoona
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May 16, 2016, 02:38:53 AM |
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killerjoegreece
Legendary
Offline
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
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May 16, 2016, 06:16:39 AM |
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if (pindexBest->nHeight+1 == 1) { nSubsidy = 110000000 * COIN; return nSubsidy; } else { nSubsidy = 10 * COIN; }
11 million PoW blocks worth of premine. Funny shit. Whats so funny? The fact that you're expecting people to mine your shit while your premine is more than 41 years (or 3.8 years without ICO) worth of mining. You're either a dumbfuck scammer or a naive shithead with zero knowledge of crypto. Whatever the case might be this coins is beyond funny and no self respecting miner will ever mine this nor self respecing trader will ever invest in. he stated that he does not expect miners. he expects stakers and rarity via the burn.
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ChiliCoin (OP)
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Activity: 56
Merit: 0
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May 16, 2016, 07:45:29 AM |
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Design poll is open! Please choose the design you like for ChiliCoin. The poll will be open for 2 days.
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ChiliCoin (OP)
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Activity: 56
Merit: 0
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May 16, 2016, 08:34:27 AM |
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Looks like OSMIUMCOIN does not want to wait for 2 days. Here is the PM I got from him: Sorry no wait 2 days buy or not
I prefer his design, what do you think?
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