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levelten
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July 19, 2016, 01:54:20 AM |
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{
"blocks" : 2128,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : {
"proof-of-work" : 0.02242090,
"proof-of-stake" : 0.02925311,
"search-interval" : 1
},
"blockvalue" : 0,
"netmhashps" : 0.00000000,
"netstakeweight" : 1546623.78230127,
"errors" : "",
"pooledtx" : 0,
"stakeweight" : {
"minimum" : 34701,
"maximum" : 0,
"combined" : 34701
},
"stakeinterest" : 5000000,
"testnet" : false
}
Did anybody notice stakeinterest is 5 millions?
Is that mean "DPOS REWARD: 5 Coin / Block (Ends on Block 100000)" won't ends @ 100000?
Now I'm not quite sure and someone can correct me if I'm wrong, but DPOS will end at block 100000. After block 100000 the coin moves to POS. That leave 4.5 millions for POS. But, how is Masternode come in to play? we need dev to maybe explain.... isn't total coin supply supposed to be 50 million Yes, I know they only have two people. Do wish they have time to clarify a bit. Over all they did a great job for the smooth launch.  |
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Crypto_MERC
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July 19, 2016, 01:55:56 AM |
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{
"blocks" : 2128,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : {
"proof-of-work" : 0.02242090,
"proof-of-stake" : 0.02925311,
"search-interval" : 1
},
"blockvalue" : 0,
"netmhashps" : 0.00000000,
"netstakeweight" : 1546623.78230127,
"errors" : "",
"pooledtx" : 0,
"stakeweight" : {
"minimum" : 34701,
"maximum" : 0,
"combined" : 34701
},
"stakeinterest" : 5000000,
"testnet" : false
}
Did anybody notice stakeinterest is 5 millions?
Is that mean "DPOS REWARD: 5 Coin / Block (Ends on Block 100000)" won't ends @ 100000?
Now I'm not quite sure and someone can correct me if I'm wrong, but DPOS will end at block 100000. After block 100000 the coin moves to POS. That leave 4.5 millions for POS. But, how is Masternode come in to play? we need dev to maybe explain.... isn't total coin supply supposed to be 50 million Thats what it says but i don't know how it will get there. After dpos (5 coins per block) it switches to pos at a rate of 0.5 synq per block. If it is 50 million, i don't think we'll see it in our lifetime. |
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zaph3t (OP)
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July 19, 2016, 01:56:18 AM |
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"stakeinterest" : 5000000, means 5%
But in BitSynq Staking structure, there is no Percentage Interest Only static reward.
DPOS end on Block 100000 with 5 Coin /Block ~500000 Coins for the 100000 blocks.
regular POS after DPOS ended is still static reward with 0.5 Coin/Block until the MAX TOTAL Coins of 50M are done.
Please check the SPECS below:
COIN NAME: BitSynq
COIN TICKER: SYNQ
MAX MONEY SUPPLY: 50M
INITIAL COINS IN CIRCULATION: 21M
-20M for the Crowndfund
-1M for Bounties and Promotion
DPOS REWARD: 5 Coin / Block (Ends on Block 100000)
POS STATIC REWARD: 0.5 Coin / Block
MIN AGE: 5HR
P2P PORT: 59090
RPC PORT: 58080
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levelten
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July 19, 2016, 02:02:33 AM |
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"stakeinterest" : 5000000, means 5%
But in BitSynq Staking structure, there is no Percentage Interest Only static reward.
DPOS end on Block 100000 with 5 Coin /Block ~500000 Coins for the 100000 blocks.
regular POS after DPOS ended is still static reward with 0.5 Coin/Block until the MAX TOTAL Coins of 50M are done.
Please check the SPECS below:
COIN NAME: BitSynq
COIN TICKER: SYNQ
MAX MONEY SUPPLY: 50M
INITIAL COINS IN CIRCULATION: 21M
-20M for the Crowndfund
-1M for Bounties and Promotion
DPOS REWARD: 5 Coin / Block (Ends on Block 100000)
POS STATIC REWARD: 0.5 Coin / Block
MIN AGE: 5HR
P2P PORT: 59090
RPC PORT: 58080
I got it now. Thank you for clarifying it. |
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cohnhead
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July 19, 2016, 02:42:45 AM |
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"stakeinterest" : 5000000, means 5%
But in BitSynq Staking structure, there is no Percentage Interest Only static reward.
DPOS end on Block 100000 with 5 Coin /Block ~500000 Coins for the 100000 blocks.
regular POS after DPOS ended is still static reward with 0.5 Coin/Block until the MAX TOTAL Coins of 50M are done.
Please check the SPECS below:
COIN NAME: BitSynq
COIN TICKER: SYNQ
MAX MONEY SUPPLY: 50M
INITIAL COINS IN CIRCULATION: 21M
-20M for the Crowndfund
-1M for Bounties and Promotion
DPOS REWARD: 5 Coin / Block (Ends on Block 100000)
POS STATIC REWARD: 0.5 Coin / Block
MIN AGE: 5HR
P2P PORT: 59090
RPC PORT: 58080
I got it now. Thank you for clarifying it. works for me, thanks.... 60 second block time....what is that, 108 years to get to generate the remaining 28.5 million tokens (after dpos) to get total supply of 50 million for sure not in my lifetime but that's ok |
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Mr.Ease
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July 19, 2016, 04:21:33 AM |
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anyone know how many coins are distributed for the twitter bounty?
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~ Too Many Scams, Schemes, and Shitcoins... ~
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Crypto_MERC
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July 19, 2016, 04:23:28 AM |
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"stakeinterest" : 5000000, means 5%
But in BitSynq Staking structure, there is no Percentage Interest Only static reward.
DPOS end on Block 100000 with 5 Coin /Block ~500000 Coins for the 100000 blocks.
regular POS after DPOS ended is still static reward with 0.5 Coin/Block until the MAX TOTAL Coins of 50M are done.
Please check the SPECS below:
COIN NAME: BitSynq
COIN TICKER: SYNQ
MAX MONEY SUPPLY: 50M
INITIAL COINS IN CIRCULATION: 21M
-20M for the Crowndfund
-1M for Bounties and Promotion
DPOS REWARD: 5 Coin / Block (Ends on Block 100000)
POS STATIC REWARD: 0.5 Coin / Block
MIN AGE: 5HR
P2P PORT: 59090
RPC PORT: 58080
I got it now. Thank you for clarifying it. works for me, thanks.... 60 second block time....what is that, 108 years to get to generate the remaining 28.5 million tokens (after dpos) to get total supply of 50 million for sure not in my lifetime but that's ok Unless you find the fountain of youth! |
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Crypto_MERC
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July 19, 2016, 04:25:42 AM |
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anyone know how many coins are distributed for the twitter bounty?
It says that 200,000 coins are saved for the twitter bounty. |
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Golftech
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July 19, 2016, 04:26:54 AM |
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how long it would take the wallet to be finished to sync if its just a fresh downloaded from the computer?
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Crypto_MERC
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July 19, 2016, 04:30:50 AM |
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how long it would take the wallet to be finished to sync if its just a fresh downloaded from the computer?
It's a quick sync. I downloaded the wallet yesterday and it went through about 970 blocks no problem then got hung up. I closed the wallet, opened it back up and it finished within minutes. Shouldn't take more than 30 minutes total....and that's a high estimate. |
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Affilate User
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July 19, 2016, 05:55:24 AM |
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anyone know how many coins are distributed for the twitter bounty?
It says that 200,000 coins are saved for the twitter bounty. twitter participants bounty 400 people , 200k coin in for the 400 people , each gets 500coin |
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killerjoegreece
Legendary
 Offline
Activity: 1666
Merit: 1007
Professional Native Greek Translator (2000+ done)
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July 19, 2016, 06:38:23 AM |
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I received the bounty coins for the translation. thanks
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tomkat
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July 19, 2016, 06:49:17 AM |
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Dev: in the translation bounty spreadsheet I can see "thread not updated" - what do you mean? I was updating Polish translation 10 times, and it's up to date now imo
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cryptolord
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July 19, 2016, 07:09:09 AM |
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Actually how does the staking works?
I unlock the wallet and let the PC running and already got 3*5bitsynq...
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In Crypto We Trust
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rindo
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July 19, 2016, 07:20:59 AM |
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anyone know how many coins are distributed for the twitter bounty?
It says that 200,000 coins are saved for the twitter bounty. twitter participants bounty 400 people , 200k coin in for the 400 people , each gets 500coin Do you know when it will be distributed |
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k0er
Legendary
Offline
Activity: 1134
Merit: 1068
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July 19, 2016, 07:56:24 AM |
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Dev: in the translation bounty spreadsheet I can see "thread not updated" - what do you mean? I was updating Polish translation 10 times, and it's up to date now imo
in your translation there is STILL no new forms of distribution bounty.. ! ! ! UPDATE ! ! !
I will post each BOUNTY GOOGLE FORM today. It is your Responsibility to double check if the
BitSynq Address Entered in your BOUNTY SPREADSHEET is truly yours.
-For the Sig and / or Avatar Bounty, the Spreadsheet will be opened for more than 24hrs before I sent out the coins.
-For the Twitter Campaign, the Spreadsheet will also be opened for more than 24hrs before i sent out the coins.
-For the Translation Bounty, each translator will need to PM me to confirm their BitSynq address after they fill out the form.
If you have any question please let me know.
Thank you.
Please fill out the Sig and Avatar Distribution Form TWITTER CAMPAIGN 200000 Coins Reserved Please fill out the Twitter Distribution Form More Information on the Bounties Thread ARTICLES BOUNTY 200000 Coins Reserved Please fill out the Articles Distribution Form BLOCK EXPLORERS: |
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Caladonian
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July 19, 2016, 08:44:57 AM |
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joining for avatar only is fine right dev? just wanna check it out before i will change my avatar since the campaign from my previous one was already been done good luck dev hope seeing this from any form of exchange.
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BoldNinja
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July 19, 2016, 09:08:36 AM |
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joining for avatar only is fine right dev? just wanna check it out before i will change my avatar since the campaign from my previous one was already been done good luck dev hope seeing this from any form of exchange.
Avatar / sig has already ended on BitSynq ; now it's in distribution mode  |
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tomkat
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July 19, 2016, 09:34:22 AM |
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Dev: in the translation bounty spreadsheet I can see "thread not updated" - what do you mean? I was updating Polish translation 10 times, and it's up to date now imo
in your translation there is STILL no new forms of distribution bounty.. ! ! ! UPDATE ! ! !
I will post each BOUNTY GOOGLE FORM today. It is your Responsibility to double check if the
BitSynq Address Entered in your BOUNTY SPREADSHEET is truly yours.
-For the Sig and / or Avatar Bounty, the Spreadsheet will be opened for more than 24hrs before I sent out the coins.
-For the Twitter Campaign, the Spreadsheet will also be opened for more than 24hrs before i sent out the coins.
-For the Translation Bounty, each translator will need to PM me to confirm their BitSynq address after they fill out the form.
If you have any question please let me know.
Thank you.
Please fill out the Sig and Avatar Distribution Form TWITTER CAMPAIGN 200000 Coins Reserved Please fill out the Twitter Distribution Form More Information on the Bounties Thread ARTICLES BOUNTY 200000 Coins Reserved Please fill out the Articles Distribution Form BLOCK EXPLORERS: Polish translation has been updated Note: Please ask the user k0er to remove the message from Polish thread as it creates mess there. Certain content in that message was already translated. |
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killerjoegreece
Legendary
Offline
Activity: 1666
Merit: 1007
Professional Native Greek Translator (2000+ done)
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July 19, 2016, 09:40:50 AM |
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Dev: in the translation bounty spreadsheet I can see "thread not updated" - what do you mean? I was updating Polish translation 10 times, and it's up to date now imo
in your translation there is STILL no new forms of distribution bounty.. ! ! ! UPDATE ! ! !
I will post each BOUNTY GOOGLE FORM today. It is your Responsibility to double check if the
BitSynq Address Entered in your BOUNTY SPREADSHEET is truly yours.
-For the Sig and / or Avatar Bounty, the Spreadsheet will be opened for more than 24hrs before I sent out the coins.
-For the Twitter Campaign, the Spreadsheet will also be opened for more than 24hrs before i sent out the coins.
-For the Translation Bounty, each translator will need to PM me to confirm their BitSynq address after they fill out the form.
If you have any question please let me know.
Thank you.
Please fill out the Sig and Avatar Distribution Form TWITTER CAMPAIGN 200000 Coins Reserved Please fill out the Twitter Distribution Form More Information on the Bounties Thread ARTICLES BOUNTY 200000 Coins Reserved Please fill out the Articles Distribution Form BLOCK EXPLORERS: Polish translation has been updated Note: Please ask the user k0er to remove the message from Polish thread as it creates mess there. Certain content in that message was already translated.yeah that happened to the greek translation too and also content in that message was already translated |
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