DibiaVxosis
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Activity: 187
Merit: 10
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October 28, 2017, 03:22:04 PM |
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The discussions above somewhat becomes misleading. Its good to see dev answered it already. To support the clarification made by dev above, here is a good example from him to made more things clearer.
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.
Reference post: #629 As it was asked by me as it is somehow related on what I am thinking ( coin age reset) when new tokens added to a non triggered one.
So I get tokens, and I need to keep them on my wallet for 91 days? Or should I transfer to another purse in order to proceed with the mining process? No you only need to keep yours token at least 3date to get reward. Just keep it on MyetherWallet
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bonsel
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October 28, 2017, 03:28:24 PM |
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tomorrow is the last day of the third stage airdrop, if the price drops be sure to buy back
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MishaSER
Full Member
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Activity: 1050
Merit: 103
BIB Exchange
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October 28, 2017, 03:30:54 PM |
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The discussions above somewhat becomes misleading. Its good to see dev answered it already. To support the clarification made by dev above, here is a good example from him to made more things clearer.
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.
Reference post: #629 As it was asked by me as it is somehow related on what I am thinking ( coin age reset) when new tokens added to a non triggered one.
So I get tokens, and I need to keep them on my wallet for 91 days? Or should I transfer to another purse in order to proceed with the mining process? No you only need to keep yours token at least 3date to get reward. Just keep it on MyetherWallet And I now understand, finally I understood what the essence is
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gamerferfect
Member
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Activity: 168
Merit: 12
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October 28, 2017, 04:14:40 PM |
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The discussions above somewhat becomes misleading. Its good to see dev answered it already. To support the clarification made by dev above, here is a good example from him to made more things clearer.
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.
Reference post: #629 As it was asked by me as it is somehow related on what I am thinking ( coin age reset) when new tokens added to a non triggered one.
So I get tokens, and I need to keep them on my wallet for 91 days? Or should I transfer to another purse in order to proceed with the mining process? No you only need to keep yours token at least 3date to get reward. Just keep it on MyetherWallet And I now understand, finally I understood what the essence is Please keep it. you will get much from it. it will be on the moon
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microlovr
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Activity: 116
Merit: 10
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October 28, 2017, 04:30:11 PM |
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With this post, I should be ranking up to full member at midnight tonight. Will I need to change my signature?
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youra6
Newbie
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Activity: 45
Merit: 0
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October 28, 2017, 04:33:07 PM |
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When the third round. Waiting for. For POS - the future
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wojteks102
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October 28, 2017, 04:36:01 PM |
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missed information about this thread and tomorrow is ended, too late for me for join bounty campaign, i am just join for airdrop, hope will get some POS tommorrow
If you meet the rules mentioned in OP post of this topic, you still have got a chance to get some POS by just registering on airdrop site
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Aljohn08
Member
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Activity: 84
Merit: 10
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October 28, 2017, 04:41:03 PM |
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Pos for the future I need some Pos can anybody tell me how to getmore pos??
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pri3oner
Full Member
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Activity: 504
Merit: 100
Bitgesell (BGL) Decentralized Cryptocurrency!
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October 28, 2017, 04:41:59 PM |
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Talking about signature bounty - do yall, dev's, mention if I started as a Jr and now I'm a Member? For example, 6 days as a Jr, 4 days as a Member (each rank has its own points per day, as u know) thanks.
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███████████ ███ ████ ❱ Ever wish you could turn back time to when BTC was $1? ████ ███ ███████████ B I T G E S E L L │ Decentralized Cryptocurrency ██ ████████ • Telegram • Twitter • Discord • Thread • ████████ ██
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thobaymau1101
Newbie
Offline
Activity: 14
Merit: 0
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October 28, 2017, 04:48:25 PM |
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I have claimed 8 POS thanks dev
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Cart
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October 28, 2017, 05:06:02 PM |
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How can I join for the third airdrop? And is there actually one?
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Herlina
Full Member
Offline
Activity: 406
Merit: 101
Decentralized Digital Billboards
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October 28, 2017, 05:07:52 PM |
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With this post, I should be ranking up to full member at midnight tonight. Will I need to change my signature?
If your rank has gone up you can change the signature according to your rank Pos for the future I need some Pos can anybody tell me how to getmore pos??
buy it in etherdelta or do POS minting
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Blazarius120
Member
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Activity: 97
Merit: 10
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October 28, 2017, 05:18:14 PM |
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Looks great guys thanks a bunch! Very professional airdrop and bounties!
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DarkbLue
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October 28, 2017, 05:20:41 PM |
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How can I join for the third airdrop? And is there actually one?
3rd round is on progress, check the official site. https://postoken.org/ check if you can apply or not.
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zefirka
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October 28, 2017, 05:23:48 PM |
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The discussions above somewhat becomes misleading. Its good to see dev answered it already. To support the clarification made by dev above, here is a good example from him to made more things clearer.
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.
Reference post: #629 As it was asked by me as it is somehow related on what I am thinking ( coin age reset) when new tokens added to a non triggered one.
thanks for the explanation
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Dmitro777
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October 28, 2017, 05:36:38 PM |
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if I has little POS token and I want minting that at the half way or maybe at 10 days I buy Pos token again and after 15 days I buy again that can increase my earn? and still must hold minimum 3 days every after buy?
Right! But before you add your newly bought postoken be sure to mint first the old one so that will never loose your coinage. If you don't mint it and you dirictly recieve the newly bought token your coin age will reset and back to 0. so that mean has running minting before buy new POS if not will reset to 0? but if has running minting new buy POS will follow old minting? thats correct because i'm newbie and want minting POS So if someone happens to send you postoken without your knowledge, you would lose your coinage when receiving them? Basically, yes. But don't they automatically mint when you receive some? I think that’s why your coinage goes to zero! This is going to be problematic. Even if i buy and own thousands of POS tokens i will never be able to earn anything if i have an enemy who keeps sending me 0.0001 POS daily? This makes POS mining impossible. Would appreciate it if a dev could comment on this. I love POS token and would love to know before investing a lot more on this. Thanks. To clarify, the coinage of your POS will never reset to 0 when you receive more POS. hello where can i find stuff how to create a contract for coinage thank you
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WhaleSlayer
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October 28, 2017, 05:42:24 PM |
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The discussions above somewhat becomes misleading. Its good to see dev answered it already. To support the clarification made by dev above, here is a good example from him to made more things clearer.
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.
Reference post: #629 As it was asked by me as it is somehow related on what I am thinking ( coin age reset) when new tokens added to a non triggered one.
thanks for the explanation Yes, that's a very good explanation. However, I have a question: what does it happen after that you mine your coins? Does that coinage go back to zero, so that you will be abler to mine it again in future once it accumulates some coinage again?
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wojteks102
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October 28, 2017, 05:54:16 PM |
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Looks great guys thanks a bunch! Very professional airdrop and bounties! Many people think the same about this existing airdrop campaign of POSToken's Upvoted, glad to see people like you on the board, are you planning to make another article about POSToken?
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Herlina
Full Member
Offline
Activity: 406
Merit: 101
Decentralized Digital Billboards
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October 28, 2017, 06:07:05 PM |
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Nice job bro I have given upvote on your article hello where can i find stuff how to create a contract for coinage thank you
What do you mean about create a contract for coinage
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