⛏ Alexandrite (ALEX) | Hybrid | 50% PoS | Low Supply | Low Inflation | ⛏

[ilikemandarin]

This is a solid coin with a good name and honest beginnings.

Good work guys.

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[hirokazu]

hope you will get the best with this coin dev, just don't die before reach the goal.  waiting for the exchanger

[Navesh Sapad]

Someone cotact yobit?
Here we can send request
https://www.yobit.net/en/addcoin/

[kurbeks]

hey @BVBCoin why no payouts at Fasthash. Not reeached min payment of 5 ALEX?

[0xfff]

  I don't get what this coin is for? Is it just another clone coin with big premine? Any reason why I should care about this coin?

[kurbeks]

got it

[hacksmash]

I don't get what this coin is for? Is it just another clone coin with big premine? Any reason why I should care about this coin?

Yeah, I agree.
Waiting on a purpose before buying into the hype.

[TheMiningPool.mine]

Added pending payments for Alexandrite

Just put you wallet address in pending payments input box to know your pending balance.

confirmed payments stats added too:

http://theminingpool.thruhere.net:9090/payments.php#Alexandrite%20Coin%20[ALEX]

Regards,

theminingpool.thruhere.net

[vonasek]

www.Cryptopool.tk

No registration needed, just use your wallet address as username and no password needed.
FEES 1%

stratum+tcp://cryptopool.tk:PORT -u YOURWALLETHERE -p x
Port: 3038, Diff: 512   |   Port: 4038, Diff: 1280   |   Port: 5038, Diff: 8192   |   Port: 6038, Diff: 32192


Payouts are every 20 mins after blocks has been confirmed. 
Twitter: https://twitter.com/cryptopool_tk

[kuky004]

What is the next step of the project?

[jc12345]

Staking is working.

[btcsql]

deleted - my account appears to have been compromised.

[garmin]

Intresting coin. Good luck dev!

Thank you for support @btcsql

when does the reward decrease again? I thought the OP said every 1000 blocks.

@1000 it dropped from 1 to .99 I thought @2000 it should have gone to .98 but it's still .99 how does that calculation actually work?

[Udjinn]

payout = exp(-c*[height/1000]) coins
with c = log5/1000 = 0.00160944

payout = 1 coin at first 1000 blocks,
payout will be 0.2 coin at 1,000,000 blocks
payout will be 0.01 coin at 2,861,000 blocks

[garmin]

So it's not adjusted every 1000 blocks like it said in the OP quoted below.

The reason I'm asking is I want to see it readjust again so we know it's working properly.

as of now it's not doing what the OP says

Alexandrite - ALEX

- PoW/PoS
- PoW algo: SHA256
- 100 sec for both PoW and PoS block target time
- difficulty retarget each block
- 6 transaction confirmations
- 80 minted block confirmations
- Initial PoW payout will be 1 coin per block.
- Block payout will be adjusted every 1000 blocks, according to the formula.
- Minimum PoW payout will be 0.01 coin/block (will be reached at about 9.07 years).
- Variable PoS payout
   1st year 50%
   2nd year 20%
   3rd year 8%
   subsequent years = 3%

- Total coins generated within 10 years are about 1,268,000.
- 4.9% premine for dev support.

Ports:
Conn:      19530
RPC:      19531

payout = exp(-c*[height/1000]) coins
with c = log5/1000 = 0.00160944

payout = 1 coin at first 1000 blocks,
payout will be 0.2 coin at 1,000,000 blocks
payout will be 0.01 coin at 2,861,000 blocks
[/b]

[9mm-btc]

Time for some exchange.

[valley365]

So it's not adjusted every 1000 blocks like it said in the OP quoted below.

The reason I'm asking is I want to see it readjust again so we know it's working properly.

as of now it's not doing what the OP says

Alexandrite - ALEX

- PoW/PoS
- PoW algo: SHA256
- 100 sec for both PoW and PoS block target time
- difficulty retarget each block
- 6 transaction confirmations
- 80 minted block confirmations
- Initial PoW payout will be 1 coin per block.
- Block payout will be adjusted every 1000 blocks, according to the formula.
- Minimum PoW payout will be 0.01 coin/block (will be reached at about 9.07 years).
- Variable PoS payout
   1st year 50%
   2nd year 20%
   3rd year 8%
   subsequent years = 3%

- Total coins generated within 10 years are about 1,268,000.
- 4.9% premine for dev support.

Ports:
Conn:      19530
RPC:      19531

payout = exp(-c*[height/1000]) coins
with c = log5/1000 = 0.00160944

payout = 1 coin at first 1000 blocks,
payout will be 0.2 coin at 1,000,000 blocks
payout will be 0.01 coin at 2,861,000 blocks
[/b]

if you check the code, the payout is according to formula: exp(-c*[height/1000]) and c = log5/1000.

in order to avoid too many digits, the dev rounded it to 2 decimals after the point, so you don't get 0.9933286326, but 0.99. This way, the payout will stay at 0.99 for several 1000s, due to the roundups.

according to my computation:

Block Payout
1000   0.99
2000   0.99
3000   0.99
4000   0.99
5000   0.99
6000   0.99
7000   0.98
...
13000 0.97
...
19000 0.96

etc

hope this clarifies your question.

[garmin]

if you check the code, the payout is according to formula: exp(-c*[height/1000]) and c = log5/1000.

in order to avoid too many digits, the dev rounded it to 2 decimals after the point, so you don't get 0.9933286326, but 0.99. This way, the payout will stay at 0.99 for several 1000s, due to the roundups.

according to my computation:

Block Payout
1000   0.99
2000   0.99
3000   0.99
4000   0.99
5000   0.99
6000   0.99
7000   0.98
...
13000 0.97
...
19000 0.96

etc

hope this clarifies your question.

It does, I should have checked the code a little more and did the math.. My Bad

However the Dev should add this info to the OP as the roundup changes the actual reward. as it reads now it's as if it changes every 1000 blocks
but with the roundup it's more like every 6000 blocks, it's a bit deceiving.

[rekracing]

Anyone know the trick to compiling? I seem to get errors not matter which way I try to compile it. Thanks

[jc12345]

Anyone know the trick to compiling? I seem to get errors not matter which way I try to compile it. Thanks

I am going to assume your source code is in ~/alexandrite and that you are struggling with Linux compile.

Execute the following commands, replacing the ~/alexandrite with where your source is.

mkdir ~/alexandrite/src/obj
mkdir ~/alexandrite/src/obj/zerocoin
chmod +x ~/alexandrite/src/leveldb/build_detect_platform

Then try to recompile.