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Author Topic: [ANN][HLM] HELIUM  (Read 189190 times)
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jcowallace1968
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October 28, 2017, 05:46:30 AM
 #1581

I dont understand this "Block reward: 45% miners; 45% master nodes; 10% project development funding". How much coin reward each block? and 45% mean 0.45 HLM or 45% block reward or 45% HLM mine in that block.

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thesavoyard
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October 28, 2017, 06:23:24 AM
 #1582

I dont understand this "Block reward: 45% miners; 45% master nodes; 10% project development funding". How much coin reward each block? and 45% mean 0.45 HLM or 45% block reward or 45% HLM mine in that block.

Each time a block is mined, 45% goes to the winning miner or pool. 45% is sent to the active masternodes and 10% is reserved for the treasury.

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October 28, 2017, 06:26:48 AM
 #1583

Apologies for not reading better about helium then.
However:
Since Dash's circulating supply is 7,647M, and spreadcoins supply is 8,991M, how are you going to accumulate 1,344 extra helium to compensate?
What happens to the unclaimed spreadcoin?
Is there going to be insight in how much premine is going to be kept?

Where does DASH come in? This is a 1:1 drop for SPR holders. So, 8.991m HLM will initially exist. On the very first page of this thread (ever read it?) it reads:

Quote
* Total Coin Supply 20m
* Block release is 7% per year

So, yeah, you are right, if the team stalls the release for 4 weeks, it can mine 0.8%. Whoop-dee-doop, what a scam. Considering this is an airdrop that has been months in the making.

PLEASE: before you come barging in with some accusations, at least do your home-work.

Because Helium is based on Dash's code. It is not a fork of the Dash blockchain but using Dash from Github to build Helium. It's not exactly a clone since it will have unique code and a different roadmap.

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October 28, 2017, 07:54:33 AM
 #1584

who got the helium coins that was on other wallets than cryptopia or his own? are they lost?

If you had your coin in your own SPR wallet, then you will get your coins after the public launch. Nobody has them now, not even on Cryptopia.
But you you had your coins in Bittrex or Yobit, they didn't support the snapshot, the SPR owners won't be eligible to equal amount of HLM.

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October 28, 2017, 02:59:43 PM
 #1585

Each time a block is mined, 45% goes to the winning miner or pool. 45% is sent to the active masternodes and 10% is reserved for the treasury.
A correction: based on my experience with other masternode coins, I'd say that for each block 45% of the block reward is sent to one (winning) masternode, selected randomly from the active ones.

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October 28, 2017, 03:57:11 PM
 #1586

Each time a block is mined, 45% goes to the winning miner or pool. 45% is sent to the active masternodes and 10% is reserved for the treasury.
A correction: based on my experience with other masternode coins, I'd say that for each block 45% of the block reward is sent to one (winning) masternode, selected randomly from the active ones.


How do you host a masternode? I'm interested in doing it.

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nordwest
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October 28, 2017, 07:12:07 PM
 #1587

Tell me what to do with SPR coins, as I understand it, can this be exchanged for HLM? Tell me in more detail.
mdude77
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October 28, 2017, 07:20:45 PM
 #1588

Tell me what to do with SPR coins, as I understand it, can this be exchanged for HLM? Tell me in more detail.


Please read the first page.

M

I mine at Kano's Pool because it pays the best and is completely transparent!  Come join me!
cinogrin
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October 28, 2017, 08:00:33 PM
 #1589

@HLM Team


Any reason you didn't just put the necessary premine funds into the Genesis Block, versus this "we need to mine for weeks" approach?
mdude77
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October 28, 2017, 08:10:10 PM
 #1590

@HLM Team


Any reason you didn't just put the necessary premine funds into the Genesis Block, versus this "we need to mine for weeks" approach?

I don't believe they've said they are "mining for weeks".  I'm just speculating ... those coins have to come from somewhere.

Maybe a dev will pipe in and indicate what they are doing.

M

I mine at Kano's Pool because it pays the best and is completely transparent!  Come join me!
Maicol792
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October 28, 2017, 08:15:31 PM
 #1591

Sorry but if now I buy spreadcoin I can rendem helium? Thanks
Anayo
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October 28, 2017, 08:19:14 PM
 #1592

Please when will Helium be on exchanges?
cinogrin
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October 28, 2017, 08:34:19 PM
 #1593

@HLM Team


Any reason you didn't just put the necessary premine funds into the Genesis Block, versus this "we need to mine for weeks" approach?

I don't believe they've said they are "mining for weeks".  I'm just speculating ... those coins have to come from somewhere.

Maybe a dev will pipe in and indicate what they are doing.

M


Right, which is my genesis block question. You can have the very first block award any amount you want and then go back to the normal emission for future blocks, it's actually quite simple.
mdude77
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October 28, 2017, 08:49:37 PM
 #1594

Sorry but if now I buy spreadcoin I can rendem helium? Thanks

Please read the first page.

The answer is no.

M

I mine at Kano's Pool because it pays the best and is completely transparent!  Come join me!
sirazimuth
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October 28, 2017, 08:57:54 PM
Last edit: October 28, 2017, 09:20:55 PM by sirazimuth
 #1595

Please when will Helium be on exchanges?

Right after it launches... but not a moment before... Roll Eyes

Bitcoin...the future of all monetary transactions...and always will be
unchained
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October 28, 2017, 11:22:17 PM
 #1596

@HLM Team
Any reason you didn't just put the necessary premine funds into the Genesis Block, versus this "we need to mine for weeks" approach?

They also need some time to rise/adjust the difficulty Wink
cryptonx
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October 29, 2017, 12:34:04 AM
 #1597

Tell me what to do with SPR coins, as I understand it, can this be exchanged for HLM? Tell me in more detail.


you late my friends, the helium snapshot is already done by 10 Oct 2017
if you have a SPR coin before the snapshot date in your SPR wallet or Cryptopia exchange you will got Helium
Thank you

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October 29, 2017, 02:22:49 AM
 #1598

cant wait to setup my masternodes  Grin
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October 29, 2017, 09:08:24 AM
 #1599

cant wait to setup my masternodes  Grin

Me too! Would be nice to have an update on timing... Days? Weeks? Months?
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October 29, 2017, 09:10:28 AM
 #1600

Please when will Helium be on exchanges?

helium is already on exchange, on cryptopia but the wallet is not ready yet, you need for the launch date to happen before you can deposit and trade, be patient
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