POSInvestment [POSIV] an evolution of SandG - X11 POW/POS

[crunck]

www.posinvestment.com

Details of new coin:

• PoW/PoS Hybrid
• X11 algorithm
• Total supply ~ 18000000
• BlockTime - 240 sec
• Retarget every 480 sec
• Mined coins set at 30 confirms
• PoS starts at block 2520 (approx 1 week from start)
• PoS reward - 8% yearly
• Min. StakeAge - 8 hours
• Max. StakeAge - 30 days
• Premine for coin swap - 3064800 (coinmarketcap available supply at time of creation)

Changes from SandG:
You will note I have reduced the total coin supply from 21 Mil down to 18 Mil, also altered was the confirms required for mined coins from 100 down to 30.
POS has been added and Super Mining is a new addition to POW block rewards ( see below ) I have abandoned the SHA256 algo and replaced it with an X11 algo.



PoW rewards and Super Mining
  

• Block 1 -> 2.880 - 10 POSIV
• Block 2.880 -> 10.000 - 6 POSIV
• Super Mining - 10.001 -> 12.880 - 20 POSIV
• Block 12.881 -> 43.200 - 6 POSIV
• Super Mining - 43.201 -> 46.081 - 25 POSIV
• Block 46.082 -> 146.080 - 6 POSIV
• Super Mining - 146.081 -> 148.960 - 30 POSIV
• Block 148.961 -> 248.960 - 5 POSIV
• Super Mining - 248.961 -> 251.840 - 30 POSIV
• Block 251.841 -> 351.840 - 5 POSIV
• Super Mining - 351.481 -> 354.720 - 30 POSIV
• Block 354.721 -> 500.000 - 5 POSIV
• Super Mining  - 500.001 -> 502.880 - 30 POSIV
• Block 502.881 -> 1.000.000 - 5 POSIV
• Super Mining - 1.000.001 -> 1.002.880 - 30 POSIV
• Block 1.002.881 - 4 POSIV

At present I am testing a new window wallet ( Release within 48 hrs )


Github

• https://github.com/CoinAid/POSIV

Windows Wallet

• https://mega.nz/#!m0o2HL7R!ShNTxKoZULr40jdjCd3qrzgjPjx9kSC94l1dhwxBnvc

https://www.virustotal.com/en/file/e4fa69d5ffa4c1452778791304a6dc4f64de6d206320616c37e9ed36ae5e39bf/analysis/1487412717/

Code:

SHA256:	e4fa69d5ffa4c1452778791304a6dc4f64de6d206320616c37e9ed36ae5e39bf
File name:	PosInvestment-qt.exe
Detection ratio:	0 / 58

Exchange

• https://novaexchange.com/market/BTC_POSIV/

Pools

• http://findblocks.com:8080/  Please note you can mine direct to Nova Exchange from this pool
• http://fasthash.hopto.org:8080/getting_started
• http://www.theminingpool.thruhere.net

Explorer

• http://blockexp.com:8088/

I will update this ANN through out the next 48 hours as I complete things.

Bounty Hunters DO NOT batter this thread with pedaling your services I will produce a list of bounties as soon as i can.

More to follow!

[1713868417]

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[1713868417]

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[1713868417]

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[crunck]

Reserved for changes and updates.....

[BVBCoin]

Pool added
http://fasthash.hopto.org:8080/getting_started

yourminer.exe -a x11 -o stratum+tcp://5.9.165.252:port -u youwalletaddress -p x

port 6020 --> diff: 0.01
port 6022 --> vardiff 0.01 - 1
port 6024 --> diff 1

payment every 30min
min payment 20 POSIV
pool fee 1.5%

Happy mining

[mine4freedom]

Is this a relaunched coin?

[jackson997]

good coin, hope it will be added to more exchanges since I have started mining this

[Kimpoiluiseta]

old coin or new coin, or only relaunch use new thread
open plan bounty, promotion youre coin, use bounty campaign, signature campaign, facebook campaign and twitter campaign

[Bagul]

why the site is not working?

[BVBCoin]

Pool added
http://fasthash.hopto.org:8080/getting_started

yourminer.exe -a x11 -o stratum+tcp://5.9.165.252:port -u youwalletaddress -p x

port 6020 --> diff: 0.01
port 6022 --> vardiff 0.01 - 1
port 6024 --> diff 1

payment every 30min
min payment 20 POSIV
pool fee 1.5%

Happy mining

Unfortunately we have to increase the pool fee up to 2.5%, the transaction fee is very high by this coin around 1%

Code:

    "keypoolsize" : 101,
    "paytxfee" : 0.10000000,
    "mininput" : 0.00000000,
    "errors" : ""

otherwise we can not cover the tx fee to the miners

[xsantana]

diff is very low for this time, and still be able to mine the web pool

[farsky]

Unfortunately we have to increase the pool fee up to 2.5%, the transaction fee is very high by this coin around 1%

Can you reduce the minimum payment?

[crunck]

why the site is not working?

I purchased the domain name the day i started the swap, I will build the site on the weekend when I am home from work

Crunck

[crunck]

Windows wallet is now available in first post

[Woody20285]

Windows wallet is now available in first post

Addodes are available at the explorer or on Nova exchange.
Here are a few if you cannot get connections:
addnode=98.115.147.74
addnode=69.165.47.72
addnode=37.220.9.226
addnode=151.227.225.139
addnode=2.99.231.28
addnode=91.151.111.250
addnode=5.146.222.82
addnode=5.9.165.252
addnode=91.121.67.93
addnode=84.200.210.70
addnode=88.170.132.165
addnode=217.175.119.125

[expex]

confirmation so slow

[farsky]

will be whether development or is it a maximum?

[Woody20285]

Is POS activated?? Network weight shows at "0"
Thanks

[Tortoise75]

Not yet, a little bit more than 1000 blocks to go (blocknumber 1453 as of now). But since it's percent per year based you won't loose the time your coins sit in the wallet waiting for the PoS starting block.

• PoS starts at block 2520 (approx 1 week from start)

...

• Max. StakeAge - 30 days

[J1MmY9]

SOLO?

[kurbeks]

Block explorer down and looks like blocks stuck. Not getting payments

[Woody20285]

Not yet, a little bit more than 1000 blocks to go (blocknumber 1453 as of now). But since it's percent per year based you won't loose the time your coins sit in the wallet waiting for the PoS starting block.

• PoS starts at block 2520 (approx 1 week from start)

...

• Max. StakeAge - 30 days

Thanks, I guess I could have read that in the OP