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megatilt (OP)
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May 10, 2017, 02:30:27 AM |
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What is the ratio of rake?
rake is 2.5% of the pot. but all the rake taken will be given back to each player every sunday. the rake is just there to keep track of the ranking since every sunday, the top 100 rake contributors will also get 2,500 TILT each. later, the rakeback might be reduced to lower than 100% if there will be a need to upgrade the servers. |
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kamiyama
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May 10, 2017, 02:37:07 AM |
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What is the ratio of rake?
rake is 2.5% of the pot. but all the rake taken will be given back to each player every sunday. the rake is just there to keep track of the ranking since every sunday, the top 100 rake contributors will also get 2,500 TILT each. later, the rakeback might be reduced to lower than 100% if there will be a need to upgrade the servers. Are you planning to release the Top 100 rake Contributor to the public? |
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megatilt (OP)
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May 10, 2017, 02:43:04 AM |
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What is the ratio of rake?
rake is 2.5% of the pot. but all the rake taken will be given back to each player every sunday. the rake is just there to keep track of the ranking since every sunday, the top 100 rake contributors will also get 2,500 TILT each. later, the rakeback might be reduced to lower than 100% if there will be a need to upgrade the servers. Are you planning to release the Top 100 rake Contributor to the public? yes, not only the top 100 but all who contributed rake because there will be 100% rakeback. |
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IntelligentIdiot
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May 10, 2017, 11:18:03 PM |
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What is the ratio of rake?
rake is 2.5% of the pot. but all the rake taken will be given back to each player every sunday. the rake is just there to keep track of the ranking since every sunday, the top 100 rake contributors will also get 2,500 TILT each. later, the rakeback might be reduced to lower than 100% if there will be a need to upgrade the servers. Are you planning to release the Top 100 rake Contributor to the public? yes, not only the top 100 but all who contributed rake because there will be 100% rakeback. would be nice to have updates on rake standing so players will know where they stand in the top 100 rake race |
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megatilt (OP)
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May 11, 2017, 07:47:50 AM |
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What is the ratio of rake?
rake is 2.5% of the pot. but all the rake taken will be given back to each player every sunday. the rake is just there to keep track of the ranking since every sunday, the top 100 rake contributors will also get 2,500 TILT each. later, the rakeback might be reduced to lower than 100% if there will be a need to upgrade the servers. Are you planning to release the Top 100 rake Contributor to the public? yes, not only the top 100 but all who contributed rake because there will be 100% rakeback. would be nice to have updates on rake standing so players will know where they stand in the top 100 rake race probably in a week or two we can have midweek updates. i'm trying to make the mainnet ready before this month ends so i'm a bit busy atm. |
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IntelligentIdiot
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May 11, 2017, 09:23:51 AM |
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megatilt what do you mean by mainnet? i thought the coin will launch on july?
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megatilt (OP)
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May 11, 2017, 09:26:43 AM |
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megatilt what do you mean by mainnet? i thought the coin will launch on july?
Originally July but i think i can launch it earlier. |
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megatilt (OP)
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May 11, 2017, 12:26:26 PM |
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Who will be mining once we launch?
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bspus
Legendary
 Offline
Activity: 2165
Merit: 1002
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May 11, 2017, 05:03:59 PM |
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There will be mining involved?
Have you given the relevant specs for the coin, like algo, block time, reward etc?
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cointron
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May 11, 2017, 09:59:08 PM |
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Who will be mining once we launch?
Mining ? Please explain that.- |
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megatilt (OP)
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May 12, 2017, 12:05:57 AM |
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There will be mining involved?
Have you given the relevant specs for the coin, like algo, block time, reward etc?
These are the tentative specs (subject to change): Algo: TiltHash (Ethash compatible) Block Time: 15 seconds Block Reward: 5 TILT Once we are ready to launch, I will pick an ethereum future block, and will use that block's hash as part of the genesis. This will ensure that there will be a fair launch and everyone will have enough time to prepare. So I'm asking who will be interested to mine this to have an idea how the initial hash rate would be. |
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cointron
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May 12, 2017, 12:36:08 AM |
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There will be mining involved?
Have you given the relevant specs for the coin, like algo, block time, reward etc?
These are the tentative specs (subject to change): Algo: TiltHash (Ethash compatible) Block Time: 15 seconds Block Reward: 5 TILT Once we are ready to launch, I will pick an ethereum future block, and will use that block's hash as part of the genesis. This will ensure that there will be a fair launch and everyone will have enough time to prepare. So I'm asking who will be interested to mine this to have an idea how the initial hash rate would be. This is not announced in the op, no one knew about this. And I think 5 tilt per block is too much.- |
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cointron
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May 12, 2017, 12:45:16 AM |
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It is not fair for those who use their mind, their time and their electricity playing poker. That they are behind the one who only connects a machine, without playing, without thinking and without devoting time.-
Nor does it seem fair that today we learn that TILT is not just POPS.
Let's see what users who play poker think.-
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megatilt (OP)
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May 12, 2017, 01:06:20 AM |
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There will be mining involved?
Have you given the relevant specs for the coin, like algo, block time, reward etc?
These are the tentative specs (subject to change): Algo: TiltHash (Ethash compatible) Block Time: 15 seconds Block Reward: 5 TILT Once we are ready to launch, I will pick an ethereum future block, and will use that block's hash as part of the genesis. This will ensure that there will be a fair launch and everyone will have enough time to prepare. So I'm asking who will be interested to mine this to have an idea how the initial hash rate would be. This is not announced in the op, no one knew about this. And I think 5 tilt per block is too much.- i said in the OP to watch for updates in the thread. i also said it will be an ethereum clone. so there's mining needed to secure the network. |
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megatilt (OP)
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May 12, 2017, 01:12:50 AM |
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regarding the 5 TILT per block, that is not final yet. we can lower it, but not too low to make it also attractive for miners to secure the network. i'm open to discussion for this one.
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cointron
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May 12, 2017, 01:13:11 AM |
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There will be mining involved?
Have you given the relevant specs for the coin, like algo, block time, reward etc?
These are the tentative specs (subject to change): Algo: TiltHash (Ethash compatible) Block Time: 15 seconds Block Reward: 5 TILT Once we are ready to launch, I will pick an ethereum future block, and will use that block's hash as part of the genesis. This will ensure that there will be a fair launch and everyone will have enough time to prepare. So I'm asking who will be interested to mine this to have an idea how the initial hash rate would be. This is not announced in the op, no one knew about this. And I think 5 tilt per block is too much.- i said in the OP to watch for updates in the thread. i also said it will be an ethereum clone. so there's mining needed to secure the network. What about 0.5 Tilt reward per block ? |
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cointron
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May 12, 2017, 01:17:26 AM |
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11M TILT
reserved for Moonstone DAC XMS token holders for helping us setting up the platform.
16.8M TILT
will be distributed through a freeroll poker tournament for 250 weeks which starts every 15 minutes. There will be 168,000 freeroll tournaments which awards 100 TILT to the winner of each game.
62.5M TILT
will be given to ring game players. Every week, the top 100 players of ring games ranked by rake contribution will get 2,500 TILT each. This will go on for 250 weeks. The rake collected will be used for server costs and poker room expenses and a big rakeback might also be offered to players if the ring games will have substantial revenues.
2M TILT
goes to the developer.
7.7M TILT
will be used for operations and development.
The mined coins from where will be extracted?
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IntelligentIdiot
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May 12, 2017, 01:20:42 AM |
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0.5 TILT / 15 seconds could work. 5 TILT / 15 seconds is 1200 TILT / hr which is three times the PoPS of 400 / hr. it will dilute the value of the coins grinded out by players.
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megatilt (OP)
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May 12, 2017, 01:25:00 AM |
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11M TILT
reserved for Moonstone DAC XMS token holders for helping us setting up the platform.
16.8M TILT
will be distributed through a freeroll poker tournament for 250 weeks which starts every 15 minutes. There will be 168,000 freeroll tournaments which awards 100 TILT to the winner of each game.
62.5M TILT
will be given to ring game players. Every week, the top 100 players of ring games ranked by rake contribution will get 2,500 TILT each. This will go on for 250 weeks. The rake collected will be used for server costs and poker room expenses and a big rakeback might also be offered to players if the ring games will have substantial revenues.
2M TILT
goes to the developer.
7.7M TILT
will be used for operations and development.
The mined coins from where will be extracted?
that's the genesis block. just like other coins, that's the premine to be given to poker players, then there's pow mining. we just have to decide on how much to reward the miners to make it attractive to them to secure the network. |
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megatilt (OP)
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May 12, 2017, 01:26:14 AM |
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0.5 TILT / 15 seconds could work. 5 TILT / 15 seconds is 1200 TILT / hr which is three times the PoPS of 400 / hr. it will dilute the value of the coins grinded out by players.
i realized that. that's why it's tenative, i'm using the default ethereum setup. we now just have to decide how much to reward the miners. |
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Poll
