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

[seasonw]

Hey guys!

I would like to get a formula for profitability of mining Signatum (my expected reward per block).

Assume that we know:

HR - my hash rate
NHR - network hash rate
BR - block reward (Signatum price * number of Signatum coins rewarded per block)
DF - difficulty

Here on the forums I've found formulas for other coins:

Bitcoin : userHash/(difficulty*(2^32))*blockReward*3600*1000000000(hashFactor)
ETH: (userHash/difficulty)*blockReward*3600*hashFactor
Zcash:  userHash/((difficulty)*solsPerDiff)*blockReward*3600*hashFactor (sollsPerDiff = 8192)
Monero: userHash/(difficulty*1e9)*blockReward*3600


Anyone knows how this formula looks for Signatum?

I always looking for the math formula to calculate the profit of coin. Thanks for sharing such info although you are actually asking question. From the formula that you provided, seems like network hash rate will never use in the calculation...

[Mikanoshi]

Anyone knows how this formula looks for Signatum?

Diff and hashes are connected with 2^32:
https://github.com/signatumd/source/blob/master/src/rpcblockchain.cpp#L71

So should be something like this for the 24 hours reward:
24 * 60 * 60 * BR * HR / difficulty / 2^32

[Trofo]

How many coins do I need for POS mining guys?

I believe there is no limit.

[RSO_]

How many coins do I need for POS mining guys?

I believe there is no limit.

There will be a minimum number of coins required for POS. It will depend on the number of coins being staked at the time to avoid flooding the chain

[malcolml4]

SIGT is currently developing well, and there are many people in the community who support it, but the deal feels blocked and needs to be listed on a larger exchange, and whether the team has such a plan.

[cashen]

Marketplace Suggestions

Add scam / Spam button
Add quantity
Add Best Offer (Buyer sends seller an offer)
Forward messages to email
Add trust rating similar to BCT
Show state or country of user
Be able to see who rated the person
Add a share or tweet button so we can share items

[SunStruck]

Great update to the marketplace , keep it up guys !

Love this coin so far!

[RSO_]

The front page of the Store is showing this -> https://signatum.store/buy/ITAKALAMARI/msi-gtx-1080-ti-
Horribly misleading item for sale. It's actually a print for about $240. As in a picture of a 1080 Ti that he has printed off.
Not the president that wants to be set on the Store from the outset.

[altfinance]

SIGT is currently developing well, and there are many people in the community who support it, but the deal feels blocked and needs to be listed on a larger exchange, and whether the team has such a plan.

Application for listing in bittrex and poloniex was one of the very first action plans the devs did. The dev (Doc) even posted in telegram that he was talking with BTC100, when several members of the community pointed out that BTC100 and Binance followed SIGT on twitter. We just have to wait now and hope for the best.

[Pugsalad]

Just wanted to post what devs said in discord about their ability and willingness to ban users wallets.

http://imgur.com/a/Ln0wc

[bgdmxd]

How many coins do I need for POS mining guys?

I believe there is no limit.

There will be a minimum number of coins required for POS. It will depend on the number of coins being staked at the time to avoid flooding the chain

Any idea on roughly how many it will take? Just started mining and I'm wondering if I can reach the limit by mining alone.

[brunosa]

Just wanted to post what devs said in discord about their ability and willingness to ban users wallets.

http://imgur.com/a/Ln0wc

All developers of all currencies can do that.

[lucifercipher]

Just wanted to post what devs said in discord about their ability and willingness to ban users wallets.

http://imgur.com/a/Ln0wc

Just that scammer crowetic with his dogs putting words in everyone's mouth

[moonstruck]

Marketplace has just been updated to beta v1.1 now with escrow!

Changelog
- Added escrow
- Added reCAPTCHA
- Added message Notifications
- Added current price in USD when buying
- Changed confirmation waiting time from 10 minutes to 30 minutes
- Improved handling of errors
- Minor bug fixes & improvements

Awesome.
Escrow was much needed and will be the foundation of some nice market activity.

Very important feature that was added indeed, going forward!

[mythrill]

POST REMOVED

[mythrill]

POST REMOVED

[crypto_trader#43xzEXrP]

This post for dev.

Can you add function to sign and verify messages on your http://paperwallet.signatum.io site?
Like this https://brainwalletx.github.io/#sign and this https://brainwalletx.github.io/#verify
Also can you unlock private key to specify it in WIF format on localhost?
If I did importprivkey i no need to generate new private key.

I see in https://brainwalletx.github.io/#tx can be possible to sign and send in the network the signed by private key the transactions in RAW format,
through blockchain.info, but this option not working there.
Maybe can be possible to using block explorer or any nodes (pools IP:port for example) to send RAW transactions to the SIGT network.
It open the way to using local webwallet like http://omniwallet.org or http://waveswallet.io
and no need to download full block chain and all blocks!
And I don't see the list of unconfirmed transactions, like that https://blockchain.info/ru/unconfirmed-transactions

Also, it would be nice if you could add an option to show the names, as on the site of incakoin.
http://www.fuzzbawls.pw/explore/IncaKoin/ledger.php
Push the button -> Click To Claim
Generating Address / Signature Hash
Please sign this hash using your NKA wallet:
some hash
Enter Your Signature:
Enter Your Name:
Name added. Then you can see you name there.

Also, you can download https://brainwalletx.github.io/ in zip and modify it for signatum features.

Best Regards.

[MarcusDe]

This post for dev.

Can you add function to sign and verify messages on your http://paperwallet.signatum.io site?
Like this https://brainwalletx.github.io/#sign and this https://brainwalletx.github.io/#verify
Also can you unlock private key to specify it in WIF format on localhost?
If I did importprivkey i no need to generate new private key.

I see in https://brainwalletx.github.io/#tx can be possible to sign and send in the network the signed by private key the transactions in RAW format,
through blockchain.info, but this option not working there.
Maybe can be possible to using block explorer or any nodes (pools IP:port for example) to send RAW transactions to the SIGT network.
It open the way to using local webwallet like http://omniwallet.org or http://waveswallet.io
and no need to download full block chain and all blocks!
And I don't see the list of unconfirmed transactions, like that https://blockchain.info/ru/unconfirmed-transactions

Also, it would be nice if you could add an option to show the names, as on the site of incakoin.
http://www.fuzzbawls.pw/explore/IncaKoin/ledger.php
Push the button -> Click To Claim
Generating Address / Signature Hash
Please sign this hash using your NKA wallet:
some hash
Enter Your Signature:
Enter Your Name:
Name added. Then you can see you name there.

Also, you can download https://brainwalletx.github.io/ in zip and modify it for signatum features.

Best Regards.

Good luck with source...
90% of commits are README edits :-D

[HEvangelista]

Can someone direct me to the links where and what names of mining equipment can be purchased cheaply for mining sig and other alt coins? I would like to familiarize myself with the names and prices. thanks

[lucifercipher]

Can someone direct me to the links where and what names of mining equipment can be purchased cheaply for mining sig and other alt coins? I would like to familiarize myself with the names and prices. thanks

https://signatum.store