[ANN] Signatum - New Algorithm - Fair Launch - No Premine

[wack slacker]

So sad for this Project

Number 6 @ Cryptopia from Number 1

BTC volume from 800 to 26 right now

Used to be promising but the crow destroyed it

This coin is for patient people who understand the crypto economics. Miners dump, investors buy. When there will be no mining, I expect price to change dramatically, because no one will be dumping anymore. My 2 cents.

Why would you think that? if there's no miners it's just a dead coin, investors will also leave because of no interest
You seem to forget most miners are also investors
Your understandment of crypto economics are low

Take a look at BlackCoin. It has similar concept. Still going very strong
Also, lots of pure PoS projects out there that are very successful so you're wrong about "no miners = dead coin"

I know BlackCoin is an old project, but Signatum has also very important advantages: it's a really good project WITHOUT ICO and without premine. This is very unusual nowadays and people involved in this project will have advantage in future (I believe).

yes, blackcoin is very good. It will be X2 or x5 in future

[jootn2kx]

So sad for this Project

Number 6 @ Cryptopia from Number 1

BTC volume from 800 to 26 right now

Used to be promising but the crow destroyed it

This coin is for patient people who understand the crypto economics. Miners dump, investors buy. When there will be no mining, I expect price to change dramatically, because no one will be dumping anymore. My 2 cents.

Why would you think that? if there's no miners it's just a dead coin, investors will also leave because of no interest
You seem to forget most miners are also investors
Your understandment of crypto economics are low

Take a look at BlackCoin. It has similar concept. Still going very strong
Also, lots of pure PoS projects out there that are very successful so you're wrong about "no miners = dead coin"

I know BlackCoin is an old project, but Signatum has also very important advantages: it's a really good project WITHOUT ICO and without premine. This is very unusual nowadays and people involved in this project will have advantage in future (I believe).

Yes this only works with coins that are only ICO/POS based This is why signatum coin won't survive without miners, because its a minerscoin, NO ICO, NO premine
make sense right?

[gurumeditation]

So sad for this Project

Number 6 @ Cryptopia from Number 1

BTC volume from 800 to 26 right now

Used to be promising but the crow destroyed it

This coin is for patient people who understand the crypto economics. Miners dump, investors buy. When there will be no mining, I expect price to change dramatically, because no one will be dumping anymore. My 2 cents.

Why would you think that? if there's no miners it's just a dead coin, investors will also leave because of no interest
You seem to forget most miners are also investors
Your understandment of crypto economics are low

Take a look at BlackCoin. It has similar concept. Still going very strong
Also, lots of pure PoS projects out there that are very successful so you're wrong about "no miners = dead coin"

I know BlackCoin is an old project, but Signatum has also very important advantages: it's a really good project WITHOUT ICO and without premine. This is very unusual nowadays and people involved in this project will have advantage in future (I believe).

Yes this only works with coins that are only ICO/POS based This is why signatum coin won't survive without miners, because its a minerscoin, NO ICO, NO premine
make sense right?

Implying 90% + of ICO coins are not deadcoins...

[gurumeditation]

Better to solo mine or group mine in this case

Difficulty is too high now for solo mining, unless you have a 1TH/s rig.

[Hazcat]

anyone able to help with mining here.  Im trying to set up one of my rigs to mine sigt but this is what im getting

http://prntscr.com/gb4asx

Any ideas?

RX580s

Did you use this miner?

https://github.com/signatumd/releases/blob/master/sigt-miner.zip

I have use this on my gpu rx570 and is working fine.

What are your settings?

Thx

Yep this is the one i tried but now luck

[Hazcat]

anyone able to help with mining here.  Im trying to set up one of my rigs to mine sigt but this is what im getting

http://prntscr.com/gb4asx

Any ideas?

RX580s

Use  prospector miner for rx 470/480/570/580 22/mhs per card https://bitcointalk.org/index.php?topic=2033185.0;all

download miner
edit config.toml and you are good to go

Mate, legend thank you!  22 per card as you said.

Cheers

[CryptoGeneral]

I can't wait for POS. This will be big!

[lupanar]

POS

Once the available 100,000 PoW blocks have been mined,
Signatum will transition into a full PoS coin. Users
staking coins through their local wallet will receive
a fixed 5% APR with payouts based on the number of coins
staked in the wallet.

Have coin in local wallet before PoS ? Do I have APR coin when t bought sigt from Crytopia exchange wallet and sent to local wallet ?

 

Yes, when POS will start you need to have your coins in your local wallet.

So sad for this Project

Number 6 @ Cryptopia from Number 1

BTC volume from 800 to 26 right now

Used to be promising but the crow destroyed it

This coin is for patient people who understand the crypto economics. Miners dump, investors buy. When there will be no mining, I expect price to change dramatically, because no one will be dumping anymore. My 2 cents.

Why would you think that? if there's no miners it's just a dead coin, investors will also leave because of no interest
You seem to forget most miners are also investors
Your understandment of crypto economics are low

Take a look at BlackCoin. It has similar concept. Still going very strong
Also, lots of pure PoS projects out there that are very successful so you're wrong about "no miners = dead coin"

I know BlackCoin is an old project, but Signatum has also very important advantages: it's a really good project WITHOUT ICO and without premine. This is very unusual nowadays and people involved in this project will have advantage in future (I believe).

Hey mate, dont pay attention to this guy, he's just well known fudder and scammer 

[ItaCraft]

Would it be possible for someone with 2116 Sig to kill the block chain when it gets to proof of stake?  

This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.  

if interest is paid hourly, as has been stated, it must be recorded on the block chain.

Not sure interest will be paid hourly, where did you read that ?

I believe I read it somewhere on here.  Page 10 of the white paper actually says it is paid every 5 minutes.  

A 5 minute payout would be 0.0000004756 so 0.02102608 Sig per wallet, but you would only need 15,000.  15,000 * 0.02102608 + 150 = 465.3912

Main.cpp sets

Code:

nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8)

From what I can tell it simplifies to "nCoinAge * 13689"  All the math is e-8, but if nCoinAge is the mature coins and it runs every 5 minutes then this is a 1400% return.  

Hopefully I am wrong.  

Edit: Fixed exponential.

I flipped the nSubsidy calculation around and for 5% return it would be 365.24242424242424242424242424224 payments, so daily payments considering leap year.  This would be the second functional error I have found in the white paper. 

So 43516 Sig used to create 4320000 addresses with 0.00007305 Sig each could flood the chain with interest transactions? 

Try to reach devs or something. I am also curious about this.

I'm also interested to know more technical calculation about this piece of code, as many other coin also apply same code on it.

I Actually contacted the signatumd (Main dev) and i got this awnser:
You CANT flood the network, there is a minimal ammount of SIGT that the address needs to be able to stake, and the minimal ammount depends from how much SIGT's are staking on the network, i am actually trying to find the formula for minimal ammount on the code but im not a programmer so...

[corrado25]

There are some news aboyut sigt ?)

[gurumeditation]

Would it be possible for someone with 2116 Sig to kill the block chain when it gets to proof of stake?  

This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.  

if interest is paid hourly, as has been stated, it must be recorded on the block chain.

Not sure interest will be paid hourly, where did you read that ?

I believe I read it somewhere on here.  Page 10 of the white paper actually says it is paid every 5 minutes.  

A 5 minute payout would be 0.0000004756 so 0.02102608 Sig per wallet, but you would only need 15,000.  15,000 * 0.02102608 + 150 = 465.3912

Main.cpp sets

Code:

nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8)

From what I can tell it simplifies to "nCoinAge * 13689"  All the math is e-8, but if nCoinAge is the mature coins and it runs every 5 minutes then this is a 1400% return.  

Hopefully I am wrong.  

Edit: Fixed exponential.

I flipped the nSubsidy calculation around and for 5% return it would be 365.24242424242424242424242424224 payments, so daily payments considering leap year.  This would be the second functional error I have found in the white paper.  

So 43516 Sig used to create 4320000 addresses with 0.00007305 Sig each could flood the chain with interest transactions?  

Try to reach devs or something. I am also curious about this.

I'm also interested to know more technical calculation about this piece of code, as many other coin also apply same code on it.

I Actually contacted the signatumd (Main dev) and i got this awnser:
You CANT flood the network, there is a minimal ammount of SIGT that the address needs to be able to stake, and the minimal ammount depends from how much SIGT's are staking on the network, i am actually trying to find the formula for minimal ammount on the code but im not a programmer so...

Not from main dev, I guess you've never contacted one of them.

blahh blah blah

then leave the thread and let adults talk about serious things

[ItaCraft]

Would it be possible for someone with 2116 Sig to kill the block chain when it gets to proof of stake?  

This is not my area of expertise, but if my numbers are within 4-5 orders of magnitude this is a critical issue.  

if interest is paid hourly, as has been stated, it must be recorded on the block chain.

Not sure interest will be paid hourly, where did you read that ?

I believe I read it somewhere on here.  Page 10 of the white paper actually says it is paid every 5 minutes.  

A 5 minute payout would be 0.0000004756 so 0.02102608 Sig per wallet, but you would only need 15,000.  15,000 * 0.02102608 + 150 = 465.3912

Main.cpp sets

Code:

nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8)

From what I can tell it simplifies to "nCoinAge * 13689"  All the math is e-8, but if nCoinAge is the mature coins and it runs every 5 minutes then this is a 1400% return.  

Hopefully I am wrong.  

Edit: Fixed exponential.

I flipped the nSubsidy calculation around and for 5% return it would be 365.24242424242424242424242424224 payments, so daily payments considering leap year.  This would be the second functional error I have found in the white paper.  

So 43516 Sig used to create 4320000 addresses with 0.00007305 Sig each could flood the chain with interest transactions?  

Try to reach devs or something. I am also curious about this.

I'm also interested to know more technical calculation about this piece of code, as many other coin also apply same code on it.

I Actually contacted the signatumd (Main dev) and i got this awnser:
You CANT flood the network, there is a minimal ammount of SIGT that the address needs to be able to stake, and the minimal ammount depends from how much SIGT's are staking on the network, i am actually trying to find the formula for minimal ammount on the code but im not a programmer so...

Not from main dev, I guess you've never contacted one of them.

blahh blah blah

then leave the thread and let adults talk about serious things

Ita is me, the main dev has said on the internal chat, when i get in home i will send here

[gurumeditation]

Ita is me, the main dev has said on the internal chat, when i get in home i will send here

Lol, sorry then

[ItaCraft]

Ita is me, the main dev has said on the internal chat, when i get in home i will send here

Lol, sorry then

No problem mate 

[ItaCraft]

Ita is me, the main dev has said on the internal chat, when i get in home i will send here

Lol, sorry then

No problem mate 

Here:

[RSO_]

cryptopia volume 24h   29 btc   

Signatum soon dead    

My god. This guy's previous posts are nothing but posting FUD in numerous altcoin threads - sometimes with the same basic copy pasted text. 1 internet point to anyone that can find any post in his 151 post history that isn't spreading FUD.

[lupanar]

POS

Once the available 100,000 PoW blocks have been mined,
Signatum will transition into a full PoS coin. Users
staking coins through their local wallet will receive
a fixed 5% APR with payouts based on the number of coins
staked in the wallet.

Have coin in local wallet before PoS ? Do I have APR coin when t bought sigt from Crytopia exchange wallet and sent to local wallet ?

 

Yes, when POS will start you need to have your coins in your local wallet.

So sad for this Project

Number 6 @ Cryptopia from Number 1

BTC volume from 800 to 26 right now

Used to be promising but the crow destroyed it

This coin is for patient people who understand the crypto economics. Miners dump, investors buy. When there will be no mining, I expect price to change dramatically, because no one will be dumping anymore. My 2 cents.

Why would you think that? if there's no miners it's just a dead coin, investors will also leave because of no interest
You seem to forget most miners are also investors
Your understandment of crypto economics are low

Take a look at BlackCoin. It has similar concept. Still going very strong
Also, lots of pure PoS projects out there that are very successful so you're wrong about "no miners = dead coin"

I know BlackCoin is an old project, but Signatum has also very important advantages: it's a really good project WITHOUT ICO and without premine. This is very unusual nowadays and people involved in this project will have advantage in future (I believe).

Hey mate, dont pay attention to this guy, he's just well known fudder and scammer  

and where did i scam? retarded shitcunt

Just look at your previous posts , f*cking imbecile

[machamizu]

10,000 blocks to next halving!

[elcezireex]

i think price will up next 60.000 block halving. So i will buy yours cheap coins thank you for all 

[parker423]

Someone has a link to palgins mod ?

https://github.com/palginpav/ccminer/releases/

second miner down

Tpruv is still the fastest for me. I get about 121.xx with 4 1070s

http://rig.rent/rigs/41969

You have TPRUV link ?