statdude
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Activity: 1498
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March 28, 2017, 07:58:18 PM |
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Thanks for link but does it say how many Chimera will be sold and at what price?
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Macr0
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March 28, 2017, 08:22:00 PM Last edit: March 28, 2017, 08:36:22 PM by Macr0 |
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Thanks for link but does it say how many Chimera will be sold and at what price?
You didn't asked, but i feel you, just curious! E: Maybe the devs calculate the total amount of chimaera after snapshot? I think it was mentioned it here already... 5% of total chimaera amount created by HUC holders with 10k HUC at snapshot. The total amount of all HUC adresses over 10k HUC x3 will be the 5%. Calculate the 95%... But i don't know it... just curious.
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jeffthebaker
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Activity: 1526
Merit: 1034
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March 28, 2017, 11:10:44 PM |
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Thanks for link but does it say how many Chimera will be sold and at what price?
You didn't asked, but i feel you, just curious! E: Maybe the devs calculate the total amount of chimaera after snapshot? I think it was mentioned it here already... 5% of total chimaera amount created by HUC holders with 10k HUC at snapshot. The total amount of all HUC adresses over 10k HUC x3 will be the 5%. Calculate the 95%... But i don't know it... just curious. I'd imagine that from the remaining 95%, some % will go towards bounties and/or signatures. Another chunk will be reserved for the devs, maybe with some or all of that % allocated to the devs specified for continued development, marketing, etc. Realistically, if just 5% is being given to HUC holders, there is a strong chance that Chimaera reserved for purposes outside of the ICO will also be done in small %'s.
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jwinterm
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Activity: 3136
Merit: 1116
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March 28, 2017, 11:24:10 PM |
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I believe the threshold was reduced to 1k huc for participation, which brings up a kind of interesting point: how many addresses are the with 1k+ that are suck forever, whether because the keys are lost or owner just doesn't follow huc/crypto anymore? Are 50% of the chimaera distributed to huc holders going to be I unspendable and locked up forever? I have no idea, just curious.
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jeffthebaker
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Activity: 1526
Merit: 1034
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March 28, 2017, 11:31:51 PM |
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I believe the threshold was reduced to 1k huc for participation, which brings up a kind of interesting point: how many addresses are the with 1k+ that are suck forever, whether because the keys are lost or owner just doesn't follow huc/crypto anymore? Are 50% of the chimaera distributed to huc holders going to be I unspendable and locked up forever? I have no idea, just curious.
I don't think every address with 1k+ HUC gets the same amount. I think the way it works (and the way it was explained before when the threshold was 10k) is that for every multiple of 1k HUC a wallet has, they will get that weight in regards to Chimaera distribution. For example, if 5% of all Chimeara is 10k, and all HUC is owned by 2 addresses: one has 4900 HUC and one has 1000 HUC, the first address will get 8k Chimaera (4/5 total weight) and the other will get 2k (1/5).
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jwinterm
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Activity: 3136
Merit: 1116
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March 29, 2017, 12:22:00 AM |
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I believe the threshold was reduced to 1k huc for participation, which brings up a kind of interesting point: how many addresses are the with 1k+ that are suck forever, whether because the keys are lost or owner just doesn't follow huc/crypto anymore? Are 50% of the chimaera distributed to huc holders going to be I unspendable and locked up forever? I have no idea, just curious.
I don't think every address with 1k+ HUC gets the same amount. I think the way it works (and the way it was explained before when the threshold was 10k) is that for every multiple of 1k HUC a wallet has, they will get that weight in regards to Chimaera distribution. For example, if 5% of all Chimeara is 10k, and all HUC is owned by 2 addresses: one has 4900 HUC and one has 1000 HUC, the first address will get 8k Chimaera (4/5 total weight) and the other will get 2k (1/5). No, I'm pretty sure it's rounded down to the nearest whole huc at this point, but the point remains the same. How many air dropped chimaera will never move?
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drays
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Activity: 2576
Merit: 1073
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March 29, 2017, 12:25:00 AM |
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I believe the threshold was reduced to 1k huc for participation, which brings up a kind of interesting point: how many addresses are the with 1k+ that are suck forever, whether because the keys are lost or owner just doesn't follow huc/crypto anymore? Are 50% of the chimaera distributed to huc holders going to be I unspendable and locked up forever? I have no idea, just curious.
I don't think every address with 1k+ HUC gets the same amount. I think the way it works (and the way it was explained before when the threshold was 10k) is that for every multiple of 1k HUC a wallet has, they will get that weight in regards to Chimaera distribution. For example, if 5% of all Chimeara is 10k, and all HUC is owned by 2 addresses: one has 4900 HUC and one has 1000 HUC, the first address will get 8k Chimaera (4/5 total weight) and the other will get 2k (1/5). That way was changed. According to the PDF paper ( https://chimaera.io/huntercoin.pdf), its much more simple - just this: 3 CHI for 1 HUC on any wallet address with over 1k Huntercoins.
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... this space is not for rent ...
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statdude
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Activity: 1498
Merit: 1000
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March 29, 2017, 02:09:29 AM |
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so we dont know what "CHI" will be worth whatsoever, essentially?
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wiggi
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March 29, 2017, 02:29:36 PM |
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so we dont know what "CHI" will be worth whatsoever, essentially?
When snapshot happens, and the total premine percent is known at this time, then we know. HUC price drop during this minute will be equal to the value of 3 CHI.
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jeffthebaker
Legendary
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Activity: 1526
Merit: 1034
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March 29, 2017, 05:28:53 PM |
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I believe the threshold was reduced to 1k huc for participation, which brings up a kind of interesting point: how many addresses are the with 1k+ that are suck forever, whether because the keys are lost or owner just doesn't follow huc/crypto anymore? Are 50% of the chimaera distributed to huc holders going to be I unspendable and locked up forever? I have no idea, just curious.
I don't think every address with 1k+ HUC gets the same amount. I think the way it works (and the way it was explained before when the threshold was 10k) is that for every multiple of 1k HUC a wallet has, they will get that weight in regards to Chimaera distribution. For example, if 5% of all Chimeara is 10k, and all HUC is owned by 2 addresses: one has 4900 HUC and one has 1000 HUC, the first address will get 8k Chimaera (4/5 total weight) and the other will get 2k (1/5). That way was changed. According to the PDF paper ( https://chimaera.io/huntercoin.pdf), its much more simple - just this: 3 CHI for 1 HUC on any wallet address with over 1k Huntercoins. I think we are both a little off. After looking at the PDF, it appears the distribution follows this method: For every address holding at least 1k HUC, 3 Chi per HUC will be handed out. An address with 3300 HUC will get 9900 CHI. An address with 1200 will get 3600. An address with 800 will get nada.
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drays
Legendary
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Activity: 2576
Merit: 1073
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March 29, 2017, 06:45:22 PM |
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I believe the threshold was reduced to 1k huc for participation, which brings up a kind of interesting point: how many addresses are the with 1k+ that are suck forever, whether because the keys are lost or owner just doesn't follow huc/crypto anymore? Are 50% of the chimaera distributed to huc holders going to be I unspendable and locked up forever? I have no idea, just curious.
I don't think every address with 1k+ HUC gets the same amount. I think the way it works (and the way it was explained before when the threshold was 10k) is that for every multiple of 1k HUC a wallet has, they will get that weight in regards to Chimaera distribution. For example, if 5% of all Chimeara is 10k, and all HUC is owned by 2 addresses: one has 4900 HUC and one has 1000 HUC, the first address will get 8k Chimaera (4/5 total weight) and the other will get 2k (1/5). That way was changed. According to the PDF paper ( https://chimaera.io/huntercoin.pdf), its much more simple - just this: 3 CHI for 1 HUC on any wallet address with over 1k Huntercoins. I think we are both a little off. After looking at the PDF, it appears the distribution follows this method: For every address holding at least 1k HUC, 3 Chi per HUC will be handed out. An address with 3300 HUC will get 9900 CHI. An address with 1200 will get 3600. An address with 800 will get nada. Yep, exactly. BTW that's what I meant in my post above . Probably I didn't express it clearly (I'm not an native English speaker..).
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... this space is not for rent ...
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yourpussyismysandbag
Newbie
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Activity: 12
Merit: 0
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April 01, 2017, 04:07:54 AM |
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A Small update - after some discussions earlier today we have decided to lower the minimum HUC balance required for free CHI from 10k to 1k HUCs.
The pdf has been updated.
 Error: Please enter the wallet passphrase with walletpassphrase first. (code -13) what do I do with this?
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awoland
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Activity: 1498
Merit: 1021
Was mich nicht umbringt macht mich stärker [F.N.]
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April 01, 2017, 06:37:15 AM |
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When do you plan to publish the wallet application and source code?
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Was mich nicht umbringt macht mich stärker [F.N.]
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myhoho
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Activity: 1162
Merit: 1008
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April 01, 2017, 11:25:07 AM |
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When do you plan to publish the wallet application and source code?
And do they plan to release the source code ever? I wouldn't expect the source this year - cloning threat is too high.
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Macr0
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April 01, 2017, 12:05:55 PM |
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A Small update - after some discussions earlier today we have decided to lower the minimum HUC balance required for free CHI from 10k to 1k HUCs.
The pdf has been updated.
 Error: Please enter the wallet passphrase with walletpassphrase first. (code -13) what do I do with this? What do you try to do? Anyhow, not many blocks till snapshot! Chimaera incoming!
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snailbrain (OP)
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Activity: 1807
Merit: 1020
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April 03, 2017, 07:36:43 PM Last edit: April 03, 2017, 07:48:47 PM by snailbrain |
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I have had confirmation from Poloniex regarding the snapshot : It's okay to announce that we will redeem balances for people and allow withdrawals, but it is important to clarify that this is in no way a promise of a listing (Not that we're ruling a listing out).
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elelegzet
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April 03, 2017, 09:15:39 PM |
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I have had confirmation from Poloniex regarding the snapshot : It's okay to announce that we will redeem balances for people and allow withdrawals, but it is important to clarify that this is in no way a promise of a listing (Not that we're ruling a listing out).
Is there more than 1000 HUC on balance rule ?
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myhoho
Legendary
Offline
Activity: 1162
Merit: 1008
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April 03, 2017, 09:43:52 PM |
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The very fact of polo announcement will highlight CHI-ICO and will cause significant pump.
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Pompobit
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April 03, 2017, 10:38:10 PM |
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I had some coin in my old addresses that I used years ago. I tried to load my wallet using the new huntercore with the pruned chain but it doesn't work.
Do I need to sync from scratch? If it is so, is there anywhere a downloadable chain?
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