[ANN] CoinonatX-PoW/PoS-Masternodes-75% APR (CXT Sister)

[azkashtan]

According to the coin specifications, Masternode reward is 75% of the PoS coins

No, it's not. According to specifications mn reward - 50% of PoS + PoW. PoW gives much more coins, AFAIK

[azkashtan]

Just for information. I've faced with interesting bag. After sending 5000 coins to my wallet and chnaging conf file, I restarted my wallet. And when I tried to press button "Start" on mn tab for my mn it said "Could not allocate vin for collateral address". But, in fact, mn is started (even without pressing Start button). Now it's proved by received rewards. So, the main mark to understand is your mn working or not - is presence of mn in mn list with "Active(secs)" more than 0

[murus]

I want to mining on nicehash.
Please set up pools
Hurry up

[azkashtan]

   
Re: [ANN] CoinonatX-PoW/PoS-Masternodes-75% APR (CXT Sister)
August 13, 2017, 05:00:03 PM
Reply with quote  #252
New CoinonatX pool (x11)
http://lpool.name/

Pool already posted earlier.
In addition to mn calculation - as far as I see, problem in small rewards for mn now is in PoW coins rewards. MNs doesn't receive 50 coins (for all) every 90 seconds, as it should be according to specs. I hope, dev will fix it and we will get good rewards.

[carbine023]

I'm not getting an response van coinonat how to swap my cxt to xcxt. I send them last week my info with the question what I must do to swap the coins. Still no repply. Now im having an lot of useless cxt. Can someone explain how to swap?

[SwedishGirl]

This whole thing is really bad for anybody who bought CXT and wanted to swap for XCXT, now we are left with useless coins and the developers are not responding. Yet people are so gullible that they still buy XCXT even after the developer is acting like a grade A scammer. I am very disappointed.

[DADIBLAND]

I warned you a while ago that the developer is deceitful and I was told that I'm Sabki now is the one who cries

[sunny747007]

Dadibland i am going to report you.If you have any problem dont buy coin.Swedishgirl they will be swapped soon DEV is active and rsponds.There are just too much requests to swap and they are doing what they can.
This guy dadibland i8s just spreading FUD to get a bag of xcxt

[sunny747007]

Dadibland is a KNOWN FUDDER.Guys just see his last posts you will  find he is just commenting bad about all coins.He abuses devs and makes all coin dead.WTF.He is known spammer just IGNORE him.
CoinonatX is doing great in cryptopia and Yobit will list us soon.Bittrex is coming after yobit guys.

[kris BTC]

Still no response from the devs for coin swapping which makes me worried, but I did some math based on previous discussions about coin rewards.

I made an assumption of masternode rewards for the interested ones as below:

According to the X11 algorithm, generated coins per block can be calculated by 2222222/(((PoS_Diff+2600)/9)^2)

If we take block number 11047 as reference (PoS_Diff was 16789.290, can be checked from here: http://193.70.109.114:5003/)

Number of PoS coins generated per block is 2222222/(((PoS_Diff+2600)/9)^2)=0.479 coins/block

According to the coin specifications, Masternode reward is 50% of the PoS coins which makes 0.479*0.50= 0.239 coins/block

XCXT block time is 1.5 minutes which corresponds to 960 blocks for a day.

Taking our difficulty assumption as reference (actually it is changing dynamically), Masternodes in total will get 960*0.239=229 coins for a day.

This amount will be distributed among MNs. According to the number of MNs, each of them can get the following coins based on our assumption:
( Let's also calculate USD value based on BTC=4000$ and XCXT=0.00001500 BTC (0.06$) )
 
10     MNs = 22.9  coins/day for 1MN (1.37     $/day, 41    $/month)
100   MNs = 2.29  coins/day for 1MN (0.137   $/day,  4.1   $/month)
1000 MNs = 0.229 coins/day for 1MN (0.0137 $/day,  0.41  $/month)

EDIT:
*MN reward corrected as 50% thanks to azkashtan.
*Specifications are based on first page announcement (if devs correct them, i will update the calculations)

This seems about right for the rewards im getting, funny thing is you get more for POS staking then masternodes(MN).

MN ~60 = 3.8 CXT/day
75% of 5000CXT = 3750 divided by 365.25 =  10.26 coins per day just staking then MN. you cant do both as MN cancels the staking feature.

[SwedishGirl]

Both coins are listed on Cryptopia, it would have been much more fair for everybody if Cryptopia just did the swapping. It would have been a seamless process instead of this "friends and family alpha".

[carbine023]

CoinonatX is doing great in cryptopia and Yobit will list us soon.Bittrex is coming after yobit guys.

I also see at cryptopia that coinonat is doing great, and I having tons of cxt, that is useless at the moment. I bought cxt very early but now i'm disapointed because of the swap i'm missing and nobody is anwsering or informing the community. xcst is rising and cxt is falling including my money I invest in coinonat and that is not an good feeling.

Do you know in which term the people are getting informed about the swap?

[sunny747007]

Bro this panic will do nothing to our community than harm us all ok.People are getting swap slowly and there is a huge line.So wait for your turn and dev will respond here about those who emailed before MONDAY.
I hope this clears it all

[morenho]

Hello everyone, I don't usually post anything here, so my account status is low, but I do a lot of reading. And I'm a bit concerned about the dev's silence regarding a lot of issues going on, especially about the MN rewards.

The way I see it, two things could be happening: the dev is really busy and thinks answering here is a waste of time, or he's actually pulling a scam. Either way, not only the dev but the coin itself is going to lose. Right now, CoinonatX is going up by almost 100% on Cryptopia, meaning there is some interest about this coin. What it needs right now is an update from the dev regarding the issues at hand: coin swapping and masternode rewards. This update would simply build some trust around the coin, and it needs it right now, because in 2 or 3 days people will start to simply leave and this will be another shitcoin like hundreds more. Simply saying that "devs are too busy", like some members are affirming, is the same as saying "devs are too busy to build trust around the coin they created", or simply "are too busy to save it". Sorry, but writing an update here takes 2 minutes, no one on Earth could possibly be too busy for that. And if the devs are indeed simply scamming us, too bad for them: the coin could actually be worth something if they update us, swap the old coin for this one and clarify/fix MN rewards, making it much more profitable than a scam on the long run.

So, devs, if you are reading this, take this advice from an old man: update the community so it trusts you, trusts your coin, so we all profit a lot more from it.

Best regards!

[carbine023]

Bro this panic will do nothing to our community than harm us all ok.People are getting swap slowly and there is a huge line.So wait for your turn and dev will respond here about those who emailed before MONDAY.
I hope this clears it all

I'm not panicing bro, but if this was communicated earlier or said in an noreply mail that it is crowded, everyone knew it was comming and there was no room for fudd spreaders and trolls. But not informing your customers, stake and share holders is the worst to do and the panic is created by the company itself.

I will wait for my turn and the reply on my mail from last week.

[sunny747007]

I will ask him personally now he is so busy and I can say he wont take any ones RIGHTS,he is good dev.Just wait for your swap turn.He himself didnot know about so much swaps he will be getting lol.

[azkashtan]

northgate was right - MN reward is gotten from PoS block reward only. My assumption that PoW blocks reward should be included to mns reward wrong.
[Edited] But formula, I think, is wrong - you are using formula for X11 PoW algorithm. I beleive, PoS block rewards are calculated with some another formula. But I don't know it))

[polylogic]

1.Rooter setting(NAT 192.168.0.254:6666).

2.CoinatX Wallet(CoinonatX-qt.exe) start.

3.Masternodes - My Masternodes - [Create..].

4.Alias = username
  Address = GlobalIP:6666 (exam:114.161.223.xxx:6666)

6.[Get Config] button and CoinonatX-qt.exe quit.

7.Edit %appdata%\CoinonatX\coinonatx.conf
  copy&paste the [Get Config] and replace..
  rpcuser = username.
  rpcpassword = userpassword.
  port=6666

8.Restart CoinonatX-qt.exe.

7.Sent 5080XCXT to Collateral Address.

9.Masternodes - My Masternodes - [Start].

---------------------------
Error: could not allocate vin for collateralAddress
---------------------------

Is my method wrong???

were you able you fix it ?
i have a similar problem with another mn.
_{still waiting for swap}

[Ricca69]

There are a slack channel for the coin?
I have 2 masternodes that seem running, are in the masternode list, but how i can check if they working?

[visale]

Hi

The dev will soon process the swaps, please be patient as he is doing all that he can for the huge number of swaps.

- Support team