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Author Topic: 🚀[ANN][PoSToken]First PoS Smart Contract Token[Lending Platform Available]  (Read 258636 times)
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September 02, 2017, 06:09:45 AM
 #621

Through Free Airdrop of PoSToken, I am learning the mechanism of Proof of Stake. (and English at the same time)
I am very interested in this mechanism that does not rely on Large power consumption and high-performance computers. Smiley

REBELLIOUS: ONE TOKEN FOR ALL! (https://www.rebellious.io/airdrop/)
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September 02, 2017, 06:23:12 AM
 #622

Hello dev, thanks for the brief update. I'm so eager to know how this gonna be like when contract is already deployed. About new acquired postokens, let say ones bought at exchange in the future, does it has to be transferred on a fresh eth address for it to be triggered and benefit from pos? Is it posssible to send those tokens on addy that has postoken already, if so how is it be triggered? Sorry for asking these noob questions or missed reading if any, but kindly tell us little info about these. Thank you.

Hi mightybohemoth,

Let's explain this with a simple example:

Bob has only one ETH address and he received 4 transactions in total:

1.Received 10 PoSToken and held it for 91 days. 91 days is greater than the Max Coinage(90 days), so we use 90 days to calculate coinage: 10*90 = 900 token-days
2.Received 20 PoSToken and held it for 90 days. Coinage: 20*90  = 1800 token-days
3.Received 30 PoSToken and held it for 3 days. Coinage: 30*3 = 90 token-days.
4.Received 40 PoSToken and held it for 2 days. 2 days is less than the Min Coinage(3 days), so the coinage of these 40 PoSToken is zero.

During these days, Bob hasn't spent his token. Then we say that Bob has accumulated 1900+800+90 = 2790 token-days of CoinAge and if Bob start pos mining right now, he will get 2790*1/365 = 7.64 POS.
Now it's easy to understand, right?

██████████  ✔  PoSToken - First PoS Smart Contract Token - Get Your Free Tokens Now!
█     PoSToken    █  ✔  Free Airdrop ●  No-ICO  ●  100% Annual Interest First Year
██████████  ✔  ANN ●  WebSite  ●  Twitter  ●  Slack  ●  Whitepaper
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September 02, 2017, 06:35:11 AM
 #623

Hello dev, thanks for the brief update. I'm so eager to know how this gonna be like when contract is already deployed. About new acquired postokens, let say ones bought at exchange in the future, does it has to be transferred on a fresh eth address for it to be triggered and benefit from pos? Is it posssible to send those tokens on addy that has postoken already, if so how is it be triggered? Sorry for asking these noob questions or missed reading if any, but kindly tell us little info about these. Thank you.

Hi mightybohemoth,

Let's explain this with a simple example:

Bob has only one ETH address and he received 4 transactions in total:

1.Received 10 PoSToken and held it for 91 days. 91 days is greater than the Max Coinage(90 days), so we use 90 days to calculate coinage: 10*90 = 900 token-days
2.Received 20 PoSToken and held it for 90 days. Coinage: 20*90  = 1800 token-days
3.Received 30 PoSToken and held it for 3 days. Coinage: 30*3 = 90 token-days.
4.Received 40 PoSToken and held it for 2 days. 2 days is less than the Min Coinage(3 days), so the coinage of these 40 PoSToken is zero.

During these days, Bob hasn't spent his token. Then we say that Bob has accumulated 1900+800+90 = 2790 token-days of CoinAge and if Bob start pos mining right now, he will get 2790*1/365 = 7.64 POS.
Now it's easy to understand, right?


the math is easy to follow, but how does Bob start pos mining?
for most pos coins you simply unlock you're wallet and the posminer starts afaik eth doesn't have a posminer in its code so this is the bit that I'm interested in (no pun intended Cheesy)


STIPEND




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Alpha
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September 02, 2017, 06:55:39 AM
 #624

Hello dev, thanks for the brief update. I'm so eager to know how this gonna be like when contract is already deployed. About new acquired postokens, let say ones bought at exchange in the future, does it has to be transferred on a fresh eth address for it to be triggered and benefit from pos? Is it posssible to send those tokens on addy that has postoken already, if so how is it be triggered? Sorry for asking these noob questions or missed reading if any, but kindly tell us little info about these. Thank you.

Hi mightybohemoth,

Let's explain this with a simple example:

Bob has only one ETH address and he received 4 transactions in total:

1.Received 10 PoSToken and held it for 91 days. 91 days is greater than the Max Coinage(90 days), so we use 90 days to calculate coinage: 10*90 = 900 token-days
2.Received 20 PoSToken and held it for 90 days. Coinage: 20*90  = 1800 token-days
3.Received 30 PoSToken and held it for 3 days. Coinage: 30*3 = 90 token-days.
4.Received 40 PoSToken and held it for 2 days. 2 days is less than the Min Coinage(3 days), so the coinage of these 40 PoSToken is zero.

During these days, Bob hasn't spent his token. Then we say that Bob has accumulated 1900+800+90 = 2790 token-days of CoinAge and if Bob start pos mining right now, he will get 2790*1/365 = 7.64 POS.
Now it's easy to understand, right?


Yes its clear dev, thank you so much I really appreciate the efforts of making such good examples. I know not only me but others here in the community now got an idea on how to take advantage of the coins that we can receive. Others really should not miss their spot on this airdrop opportunity!


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      ──────────WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer───────────
       ✈✈✈[Free Airdrop - Starts 9th June][Tor]✈✈✈ ║───║ Wallet ➢ Windows  |  macOS  |  Linux
★ PRiVCY ➢✈✅[Tor]✅[Airdrop]✈★
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September 02, 2017, 08:37:54 AM
 #625

joined airdrop!
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September 02, 2017, 08:40:35 AM
 #626

Great Project. First POS, I joined the airdrop!

A question: I saw the rules for airdrop "Just follow us on Twitter @PoSToken and retweet this tweet."

I filled in the form and I put a flag on the signature but I just followed twitter, is it ok? Or have I to redo the form?

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September 02, 2017, 09:26:34 AM
 #627

Joined, may be not too late

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September 02, 2017, 10:52:08 AM
 #628

What's the contract address, so I can view my PoS token balance?
Smiley
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September 02, 2017, 11:57:51 AM
 #629

Joined, may be not too late
You can join the distribution tokens before  September 12th.

What's the contract address, so I can view my PoS token balance?
Smiley
This information will be available after the airdrop.

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September 02, 2017, 12:10:22 PM
 #630

Wow, awesome dev on this project. Looking forward to see where this goes and glad to be onboard here. I like seeing active devs producing real results and here we have a perfect example of just that. Get in now before you miss your chance.

1ST EVER CAR TITLE LOAN PLATFORM ON BLOCKCHAIN
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September 02, 2017, 01:33:13 PM
 #631

Hello dev, thanks for the brief update. I'm so eager to know how this gonna be like when contract is already deployed. About new acquired postokens, let say ones bought at exchange in the future, does it has to be transferred on a fresh eth address for it to be triggered and benefit from pos? Is it posssible to send those tokens on addy that has postoken already, if so how is it be triggered? Sorry for asking these noob questions or missed reading if any, but kindly tell us little info about these. Thank you.

Hi mightybohemoth,

Let's explain this with a simple example:

Bob has only one ETH address and he received 4 transactions in total:

1.Received 10 PoSToken and held it for 91 days. 91 days is greater than the Max Coinage(90 days), so we use 90 days to calculate coinage: 10*90 = 900 token-days
2.Received 20 PoSToken and held it for 90 days. Coinage: 20*90  = 1800 token-days
3.Received 30 PoSToken and held it for 3 days. Coinage: 30*3 = 90 token-days.
4.Received 40 PoSToken and held it for 2 days. 2 days is less than the Min Coinage(3 days), so the coinage of these 40 PoSToken is zero.

During these days, Bob hasn't spent his token. Then we say that Bob has accumulated 1900+800+90 = 2790 token-days of CoinAge and if Bob start pos mining right now, he will get 2790*1/365 = 7.64 POS.
Now it's easy to understand, right?

The idea is very interesting. I begin to suspect that you are cooperating with the Vitalik Buterin on his behalf Metropolis  Smiley

   SEMUX   -   An innovative high-performance blockchain platform   
▬▬▬▬▬      Powered by Semux BFT consensus algorithm      ▬▬▬▬▬
Github    -    Discord    -    Twitter    -    Telegram    -    Get Free Airdrop Now!
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September 02, 2017, 01:36:39 PM
 #632

I hope you wont exclude us as newbie and also Im hoping to have your free PoSToken  Smiley
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September 02, 2017, 01:48:59 PM
 #633

Permilary Accepted! Cheesy Cheesy Cheesy
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September 02, 2017, 02:19:47 PM
 #634

Yehey!
Im a newbie ,and atlast for the first time i can join the airdrops.Thanks dev for this chance that newbie like me can participate the airdrops Smiley

   ⚡⚡ PRiVCY ⚡⚡   ▂▃▅▆█ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project  ☞ Best privacy crypto-market! █▆▅▃▂
    Own Your Privacy! ───────────────── WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer ─────────────────
   ✯✯✯✯✯                 ✈✈✈[Free Airdrop - Starts 9th June][Tor]✈✈✈ ║───────────║ Wallet ➢ Windows  |  macOS  |  Linux
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September 02, 2017, 02:31:12 PM
 #635

Hello!
Nice to meet you!
I Want to get a pos token!
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September 02, 2017, 02:51:48 PM
 #636


Just waiting the airdrop start since this is my first time to join airdrops :)Thank you dev !

   ⚡⚡ PRiVCY ⚡⚡   ▂▃▅▆█ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project  ☞ Best privacy crypto-market! █▆▅▃▂
    Own Your Privacy! ───────────────── WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer ─────────────────
   ✯✯✯✯✯                 ✈✈✈[Free Airdrop - Starts 9th June][Tor]✈✈✈ ║───────────║ Wallet ➢ Windows  |  macOS  |  Linux
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September 02, 2017, 03:14:02 PM
 #637

Application Status:   Accepted

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September 02, 2017, 03:45:17 PM
 #638

Lot's of people don't have twitter, we're on bitcointalk here.
I think it's not a smart decision to put this as requirement and it is cutting in the adopters rate it seems.
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September 02, 2017, 03:48:19 PM
 #639

Lot's of people don't have twitter, we're on bitcointalk here.
I think it's not a smart decision to put this as requirement and it is cutting in the adopters rate it seems.


same as me ,i don't like twitter ,only have a bct account here ,may i join this project ?

   SEMUX   -   An innovative high-performance blockchain platform   
▬▬▬▬▬      Powered by Semux BFT consensus algorithm      ▬▬▬▬▬
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September 02, 2017, 06:11:47 PM
 #640

Lot's of people don't have twitter, we're on bitcointalk here.
I think it's not a smart decision to put this as requirement and it is cutting in the adopters rate it seems.


same as me ,i don't like twitter ,only have a bct account here ,may i join this project ?
Opening a twitter account is very easy and fast.
Just open, retweet and put the sig.
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