Saracenis (OP)
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May 04, 2017, 08:51:48 PM Last edit: May 21, 2017, 09:35:44 AM by Saracenis |
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Topaz Coin is created as community coin using the HMQ1725 algorithm, which aims to ensure that mining enthusiasts with even a simple personal computer can join the bandwagon of miners. A hybrid cryptocurrency, it has a PoW rewards of 1 for the first 5000 blocks and decreases by 0.1 per subsequent 5000 blocks and remains at 0.1 after the 40000th block and beyond. TOPAZ starts to be a hybrid PoW and PoS coin after the 1325th block with a staking reward of 20% per annum. TOPAZ is trader and miner-friendly with a low premine of 25000 and a low supply coin. Specifications:
Coin Name: Topaz Coin Ticker: TOPAZ Algorithm: HMQ1725
Block Rewards 0-5000 blocks : 1.0 50001-10000 : 0.9 10001-15000 : 0.8 15001 -20000 : 0.7 20001 - 25000 : 0.6 25001-30000 : 0.5 30001 - 35000 : 0.4 35001 - 40000 : 0.3 40001 -45000 : 0.2 45001 - infinity : 0.1
Block Target: 5 minutes PoS Reward: 20% per annum Difficulty Retarget: Dark Gravity Wave v. 3.0 Premine: 25000
POW until infinity Hybrid (PoW/PoS) after 1325 blocks
WALLET
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Saracenis (OP)
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May 04, 2017, 10:29:06 PM Last edit: May 04, 2017, 10:49:07 PM by Saracenis |
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Year as far as i know is 2017 Premine is as it is - take it or leave it. And thanks for pointing me to my own thread's Edit: Palcoin wasn't mine
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Jewelettes
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May 05, 2017, 02:30:04 AM |
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I admire the persistence of this dev. He could have hidden behind another username but he didn't and still strive to make this coin going. I hope you don't change the graphics though because I like it But it's your project....so it's up to you. Good luck with this one. This is a good coin with limited supply, we got a gem here.
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bolivarcoin
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May 05, 2017, 02:59:54 AM |
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I like how you did with the inflation, this will be a whale coin, so lets get in and buy
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CjMapope
Legendary
Offline
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
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May 05, 2017, 03:08:18 AM |
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O i see this follows the classic scam block reward schedule :/ ramp up rewards and back to nothing again and before anyone even gets in, the reward is 1000's of times lower :/ fractions of a single coin Meanwhile you are staking the huge premine, & laughing
Fuck your scammy shitcoin
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~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool!
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Saracenis (OP)
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May 05, 2017, 03:11:33 AM Last edit: May 06, 2017, 01:08:35 AM by mprep |
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O i see this follows the classic scam block reward schedule :/ ramp up rewards and back to nothing again and before anyone even gets in, the reward is 1000's of times lower :/ fractions of a single coin Meanwhile you are staking the huge premine, & laughing
Fuck your scammy shitcoin
If you would read everything you wouldnt had to write all this - premine dose not stack! Edit: My bad, i have to put it in larger letters. Plus how long time you mean by getting in? each reward drop will take around 15 days...
I like how you did with the inflation, this will be a whale coin, so lets get in and buy
Or mine
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Cra5t
Jr. Member
Offline
Activity: 106
Merit: 1
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May 05, 2017, 03:36:24 AM |
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Primine participating in Pos?
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Saracenis (OP)
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May 05, 2017, 03:40:08 AM |
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Primine participating in Pos? nope
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Saracenis (OP)
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May 05, 2017, 03:47:43 AM Last edit: May 06, 2017, 01:08:48 AM by mprep |
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Wow, you guys are amazing You do understand you just keep me going right? Bumping your BCT profile? Whana be a legendary member? And where you take that slogan of yours - "F*** your mother if you wanna f***". is that like from your experience?
We have new mining pool : http://pool.minertopia.org/site/mining
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micdvd85
Sr. Member
Offline
Activity: 312
Merit: 250
BAM
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May 05, 2017, 07:09:58 AM |
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1135 blocks were secretly mined as well after the 25,000 premine, you can see on the block explorer that the chain moved about 1135 blocks from march 20th - april 3rd... then it stops until april 29th when one more block was mined, then nothing until the ann came out... With the reward going down after every 5000 blocks I would say secretly mining the first 1135 on top of the 25,000 premine is very fishy to me... Also, before May 4th when it was released to everyone, someone was staking quite a bit... http://topazcoin.thecryptochat.net/tx/d4d01c4c9e64de3f99424229a92ee7e6dd500dab0c759d325bd1475873340aa8Who else would have been able to stake that many coins on April 29th?
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Saracenis (OP)
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May 05, 2017, 07:13:25 AM |
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1135 blocks were secretly mined as well after the 25,000 premine, you can see on the block explorer that the chain moved about 1135 blocks from march 20th - april 3rd... then it stops until april 29th when one more block was mined, then nothing until the ann came out... With the reward going down after every 5000 blocks I would say secretly mining the first 1135 on top of the 25,000 premine is very fishy to me... Also, before May 4th when it was released to everyone, someone was staking quite a bit... http://topazcoin.thecryptochat.net/tx/d4d01c4c9e64de3f99424229a92ee7e6dd500dab0c759d325bd1475873340aa8Who else would have been able to stake that many coins on April 29th? https://bitcointalk.org/index.php?topic=1835788.0Thats the old thread, and yes you are right, around 3000 coins was POS mined when we moved POS 4000 blocks back. Those coins will be used for giveaways, random bounties or just burned,
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micdvd85
Sr. Member
Offline
Activity: 312
Merit: 250
BAM
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May 05, 2017, 07:17:16 AM |
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1135 blocks were secretly mined as well after the 25,000 premine, you can see on the block explorer that the chain moved about 1135 blocks from march 20th - april 3rd... then it stops until april 29th when one more block was mined, then nothing until the ann came out... With the reward going down after every 5000 blocks I would say secretly mining the first 1135 on top of the 25,000 premine is very fishy to me... Also, before May 4th when it was released to everyone, someone was staking quite a bit... http://topazcoin.thecryptochat.net/tx/d4d01c4c9e64de3f99424229a92ee7e6dd500dab0c759d325bd1475873340aa8Who else would have been able to stake that many coins on April 29th? https://bitcointalk.org/index.php?topic=1835788.0Thats the old thread, and yes you are right, around 3000 coins was POS mined when we moved POS 4000 blocks back. Those coins will be used for giveaways, random bounties or just burned, Ok, that helps a lot of those questions, if you have a second ann for a coin I would suggest in the future to always have a link to the old ann in the OP so that people are not confused.
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Saracenis (OP)
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May 05, 2017, 07:35:53 AM |
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1135 blocks were secretly mined as well after the 25,000 premine, you can see on the block explorer that the chain moved about 1135 blocks from march 20th - april 3rd... then it stops until april 29th when one more block was mined, then nothing until the ann came out... With the reward going down after every 5000 blocks I would say secretly mining the first 1135 on top of the 25,000 premine is very fishy to me... Also, before May 4th when it was released to everyone, someone was staking quite a bit... http://topazcoin.thecryptochat.net/tx/d4d01c4c9e64de3f99424229a92ee7e6dd500dab0c759d325bd1475873340aa8Who else would have been able to stake that many coins on April 29th? https://bitcointalk.org/index.php?topic=1835788.0Thats the old thread, and yes you are right, around 3000 coins was POS mined when we moved POS 4000 blocks back. Those coins will be used for giveaways, random bounties or just burned, Ok, that helps a lot of those questions, if you have a second ann for a coin I would suggest in the future to always have a link to the old ann in the OP so that people are not confused. Thanks for tip,. Op updated.
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gloupsy
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May 06, 2017, 06:36:32 PM |
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1135 blocks were secretly mined as well after the 25,000 premine, you can see on the block explorer that the chain moved about 1135 blocks from march 20th - april 3rd
I've mined some, so it was not that secret But I've tried today, very hard to hit a block with 3xr9 280x...
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bac621
Newbie
Offline
Activity: 6
Merit: 0
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May 06, 2017, 06:54:39 PM |
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Looks good will throw some hash at this.
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Mang Li
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May 06, 2017, 09:38:55 PM |
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so he is the shitcoin creator, then this is the next episode from him,, uh thats bad
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cryptostiltskin
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May 06, 2017, 10:52:51 PM |
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This looks good to mine and good to trade to me. Let's give the dev a chance to prove his worth on this one.
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alias420
Newbie
Offline
Activity: 68
Merit: 0
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May 07, 2017, 01:45:59 AM |
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Anyone who is already staking this coin can you give us an idea of the network weight, how much you are holding and what the expected time to mint a block is?
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