Official Anoncoin chat thread (including history)

[Tyke]

Please can someone help verify this tabulation of block rewards:

[gostrol]

Blocks are every 3 min now, no more every 3.42 min...

https://bitcointalk.org/index.php?topic=227287.msg6920430#msg6920430

Please can someone help verify this tabulation of block rewards:


http://i60.tinypic.com/2zs1a1t.png

[Duke_of_Cambridge]

Salutations, internet ne’erdowells!

I have just sent 51 ANC to geekz.


God be with you,

Duke_of_Cambridge

Will start development for mobile bitcoinj for ANC at https://github.com/geekz/bitcoinj
Any help would be appreciated. It will be a simple java wallet and without i2p or tor features for now.

Great!  

I will give you 50 ANC as a bounty for this

Here is your bounty address: ANdroicLmsxioNySJcrMaDM4hE4YjYD575

I will give all the ANC there is on it to you as soon as a working implementation of android wallet is done

Others peoples who wanna give some ANC for the android wallet can use this address (although they will have to trust me ).

[Tyke]

Blocks are every 3 min now, no more every 3.42 min...

https://bitcointalk.org/index.php?topic=227287.msg6920430#msg6920430

When did the block time change? (Date?)

Please can someone help verify this tabulation of block rewards:

[gostrol]

OK I calculated for you:

current block=194160
halving nSubsidy >>= (nHeight / 306600)
306600 - 194160 = 109440 block
1 block every 3 min : 328320 min remaining for halving

--> next halving the thursday 22 january 2015, with block reward 2.5

next halving after that @block 613200
hence samedi 22 october 2016, with block reward 1.25

next halving after that @block 919800
hence monday 23 july 2018, with block reward 0.625

next halving after that @block 1226400
hence wednesday 22 april 2020, with block reward 0.3125

Blocks are every 3 min now, no more every 3.42 min...

https://bitcointalk.org/index.php?topic=227287.msg6920430#msg6920430

When did the block time change? (Date?)

Please can someone help verify this tabulation of block rewards:


http://i60.tinypic.com/2zs1a1t.png

[gostrol]

Geekz, block time is one every 3 min, they changed it from the 3.42 min initially chosen.

480 block a day hence 2400 ANC for the moment

You can calculate the excepcted amount in excel. I dont have the any time now, but I can set up a table later.

Looks like i figured it out.
Basics of Anoncoin
Total 4.2 million Anoncoins can be mined. Anoncoin network processes a block every 3.42 minutes, i.e. 420 blocks a day.
Currently in 2014 , Block Reward is 5 . So,  5 x 420 = 2100 coins can be mined per day.

Here are the fun facts :

*NOTE : I am not sure about the accuracy , because , i am finding a lot of discrepancy when i verify it with exact data from the blockchain at ancblockchain.com. Advice from other experts needed for further clarification.

[Arlic]

Torcoin makes sensation on crypto news portals like cryptocurrencynews....

The coin is dead!

If you look at future potensial at least 99% of all alt coins are dead. Even those not created yet.

Anoncoin is not among them. Why?

1. Because it have active DEVELOPMENT. (Development is not the same as active copy-pasting)  
2. It is not created soley to enrich the developeres.

The main issue is that the opposite is the true. The other coins not only have active development, but they implemented features indeed. That is why other coins became valuable. And while other coins harvest results of active development, this coin has ideas, but no development, no features, thus no future. The devs could become famous for implementing a great idea but they are going to be forgotten soon, because they only accumulate more unfulfilled promises while their competitors are not talking but implementing.

Who wants to pay for a product which consists only of a couple of promises? People pay for a product, for a value itself, not promises.

Then why Darkcoin have such high price? Because it provides false anonimity? Maybe because of premine ? no.no... It's all because of PR!

The Darkcoin is supposed to have anonymity. The devs did the work and the product has value. And it makes sense to do PR as well for the product.

On the other side, the Anoncoin does not have anonymity. It has only a lot of months of promises. There is no product, so it is tanking. Who is going to promote coin made of promises?

I worked many years as a SW developer and I bought Anoncoin on expectations that I will invest my work into Anoncoin. I offered help three times but guess what? So now I have lost significant portion of my savings due to the false promises given by Anoncoin devs.

I2P and TOR network support doesn't provide any anonimity?

[Tyke]

OK I calculated for you:

current block=194160
halving nSubsidy >>= (nHeight / 306600)
306600 - 194160 = 109440 block
1 block every 3 min : 328320 min remaining for halving

--> next halving the thursday 22 january 2015, with block reward 2.5

next halving after that @block 613200
hence samedi 22 october 2016, with block reward 1.25

next halving after that @block 919800
hence monday 23 july 2018, with block reward 0.625

next halving after that @block 1226400
hence wednesday 22 april 2020, with block reward 0.3125

Blocks are every 3 min now, no more every 3.42 min...

https://bitcointalk.org/index.php?topic=227287.msg6920430#msg6920430

When did the block time change? (Date?)

Please can someone help verify this tabulation of block rewards:

Thank you.  I will tabulate it all again.  If it still looks wrong, please advise me further.

[Tyke]

If anyone else can help produce the above table (taking into account the change of block time from 3.42 to 3), it will be much appreciated.  Did the block time change from 3.42 to 3 minutes on the 12th October 2013 with the release of the 0.8.5.5 version?

[Duke_of_Cambridge]

The Darkcoin is supposed to have anonymity. The devs did the work and the product has value. And it makes sense to do PR as well for the product.

On the other side, the Anoncoin does not have anonymity. It has only a lot of months of promises. There is no product, so it is tanking. Who is going to promote coin made of promises?

I worked many years as a SW developer and I bought Anoncoin on expectations that I will invest my work into Anoncoin. I offered help three times but guess what? So now I have lost significant portion of my savings due to the false promises given by Anoncoin devs.

Ask yourself this: what's preferable -- a true dev like gnos1s working on zerocoin implementation and not giving updates very often or a slick scammer promoting his twinkle dust instamine scam (50% of total coins)?

Red pill or blue pill?

[geekz]

Ask yourself this: what's preferable -- a true dev like gnos1s working on zerocoin implementation and not giving updates very often or a slick scammer promoting his twinkle dust instamine scam (50% of total coins)?

Red pill or blue pill?

Very well said. And Thanks for the bounty.  Will keep you guys updated on the progress.

[geekz]

Geekz, block time is one every 3 min, they changed it from the 3.42 min initially chosen.
480 block a day hence 2400 ANC for the moment

Thanks for the info.  I am still verifying it from blockchain.

[geekz]

YES,In view of  Zerocash is coming there is no more time for ANC  ,I wish the DEV realise it.

There is a basic flaw in ZEROCASH theory.

Here is what Gnos1s had said ,
 

Zerocash has one serious weakness: the requirement for a trusted setup. This makes it not much better than a coin laundry like Bitfog: the owner of a coin laundry can steal everyone's coins if they so choose, and the same possibility exists with all the anonymized money in circulation in Zerocash.
The only strategy to reduce a user's risk is to reduce the time their money is anonymized, but that reduces anonymity.

Reference : http://www.reddit.com/r/Anoncoin/comments/25z2fw/differences_between_zerocoin_and_zerocash/

[gostrol]

date	block	subsidy	part coin mined	total coin
13/06/02	1	4.2	4.2	4.2
13/07/08	42000	7	176400	176400
13/08/20	77777	5	250439	426839
15/01/22	306600	2.5	1144115	1570954
16/10/22	613200	1.25	766500	2337454
18/07/23	919800	0.625	383250	2720704
20/04/22	1226400	0.3125	191625	2912329
22/01/21	1533000	0.15625	95812	3008141
23/10/22	1839600	0.078125	47906	3056047
25/07/22	2146200	0.0390625	23953	3080000
27/04/22	2452800	0.01953125	11976	3091977
29/01/20	2759400	0.009765625	5988	3097965
30/10/21	3066000	0.004882813	2994	3100959
32/07/21	3372600	0.002441406	1497	3102456
34/04/21	3679200	0.001220703	748	3103205
36/01/20	3985800	0.000610352	374	3103579

You can calculate the excepcted amount in excel. I dont have the any time now, but I can set up a table later.

Looks like i figured it out.
Basics of Anoncoin
Total 4.2 million Anoncoins can be mined. Anoncoin network processes a block every 3.42 minutes, i.e. 420 blocks a day.
Currently in 2014 , Block Reward is 5 . So,  5 x 420 = 2100 coins can be mined per day.

Here are the fun facts :

*NOTE : I am not sure about the accuracy , because , i am finding a lot of discrepancy when i verify it with exact data from the blockchain at ancblockchain.com. Advice from other experts needed for further clarification.

• First 176404 Anoncoins were mined in first 100 days of launch.
• It took almost 1 year to mine first one million Anoncoins.
• In 2014 and 2015 , Highest number of Anoncoins will be mined. ( approx 1.5 million )
• In 2016-2017 , total 766502.500000 Anoncoins can be mined.
• In 2018-2019 , total 383251.250000 Anoncoins can be mined.
• Approximately On January 5th of 2020 , ONE MILLIONTH BLOCK will be mined and it will give only 1.25 Anoncoins as reward
• In 2020-2021 , total 191625.625000 Anoncoins can be mined.
• In 2022-2023 , total  95812.812500 Anoncoins can be mined.
• In 2024-2025 , total  47906.406250 Anoncoins can be mined.
• In 2026-2027 , total  23953.203125 Anoncoins can be mined.
• In 2028-2029 , total  11976.601563 Anoncoins can be mined.
• In 2030-2031 , total   5988.300781 Anoncoins can be mined.
• In 2032-2033 , total   2994.150391 Anoncoins can be mined.
• In 2034-2035 , total   1497.075195 Anoncoins can be mined.
• In 2036-2037 , total    748.537598 Anoncoins can be mined.
• In 2038-2039 , total    374.268799 Anoncoins can be mined.
• In 2040-2041 , total    187.134399 Anoncoins can be mined.
• In 2042-2043 , total     93.567200 Anoncoins can be mined.
• In 2044-2045 , total     46.783600 Anoncoins can be mined.
• In 2046-2047 , total     23.391800 Anoncoins can be mined.
• In 2048-2049 , total     11.695900 Anoncoins can be mined.
• In 2050-2051 , total      5.847950 Anoncoins can be mined.
• In 2052-2053 , total      2.923975 Anoncoins can be mined.
• In 2054-2055 , total      1.461987 Anoncoins can be mined.
• In 2056-2057 , total      0.730994 Anoncoins can be mined.
• In 2058-2059 , total      0.365497Anoncoins can be mined.
• From Year 2097 0.000000697130 or less coins can be mined.
• By Year 2251 , only 3499915.032800 coins or approximately 3.5 million Anoncoins can be mined out of 4.2 million limit.

[geekz]

Would the community be interested in a Darkwallet type product for Anoncoin until Zerocoin/Zerocash can be implemented?

I have a friend who says he could implement it within a few weeks tops.

If your friend can add the feature , then i would request to send pull request at https://github.com/Anoncoin/anoncoin with updates as It's open source.
The lead developer will review it.

[cryptohunter]

Would the community be interested in a Darkwallet type product for Anoncoin until Zerocoin/Zerocash can be implemented?

zerocoin completion could be a fair way off so if you want to stay in the game then yes that would be best i think.

[Tyke]

date	block	subsidy	part coin mined	total coin
13/06/02	1	4.2	4.2	4.2
13/07/08	42000	7	176400	176400
13/08/20	77777	5	250439	426839
15/01/22	306600	2.5	1144115	1570954
16/10/22	613200	1.25	766500	2337454
18/07/23	919800	0.625	383250	2720704
20/04/22	1226400	0.3125	191625	2912329
22/01/21	1533000	0.15625	95812	3008141
23/10/22	1839600	0.078125	47906	3056047
25/07/22	2146200	0.0390625	23953	3080000
27/04/22	2452800	0.01953125	11976	3091977
29/01/20	2759400	0.009765625	5988	3097965
30/10/21	3066000	0.004882813	2994	3100959
32/07/21	3372600	0.002441406	1497	3102456
34/04/21	3679200	0.001220703	748	3103205
36/01/20	3985800	0.000610352	374	3103579

You can calculate the excepcted amount in excel. I dont have the any time now, but I can set up a table later.

Looks like i figured it out.
Basics of Anoncoin
Total 4.2 million Anoncoins can be mined. Anoncoin network processes a block every 3.42 minutes, i.e. 420 blocks a day.
Currently in 2014 , Block Reward is 5 . So,  5 x 420 = 2100 coins can be mined per day.

Here are the fun facts :

*NOTE : I am not sure about the accuracy , because , i am finding a lot of discrepancy when i verify it with exact data from the blockchain at ancblockchain.com. Advice from other experts needed for further clarification.

• First 176404 Anoncoins were mined in first 100 days of launch.
• It took almost 1 year to mine first one million Anoncoins.
• In 2014 and 2015 , Highest number of Anoncoins will be mined. ( approx 1.5 million )
• In 2016-2017 , total 766502.500000 Anoncoins can be mined.
• In 2018-2019 , total 383251.250000 Anoncoins can be mined.
• Approximately On January 5th of 2020 , ONE MILLIONTH BLOCK will be mined and it will give only 1.25 Anoncoins as reward
• In 2020-2021 , total 191625.625000 Anoncoins can be mined.
• In 2022-2023 , total  95812.812500 Anoncoins can be mined.
• In 2024-2025 , total  47906.406250 Anoncoins can be mined.
• In 2026-2027 , total  23953.203125 Anoncoins can be mined.
• In 2028-2029 , total  11976.601563 Anoncoins can be mined.
• In 2030-2031 , total   5988.300781 Anoncoins can be mined.
• In 2032-2033 , total   2994.150391 Anoncoins can be mined.
• In 2034-2035 , total   1497.075195 Anoncoins can be mined.
• In 2036-2037 , total    748.537598 Anoncoins can be mined.
• In 2038-2039 , total    374.268799 Anoncoins can be mined.
• In 2040-2041 , total    187.134399 Anoncoins can be mined.
• In 2042-2043 , total     93.567200 Anoncoins can be mined.
• In 2044-2045 , total     46.783600 Anoncoins can be mined.
• In 2046-2047 , total     23.391800 Anoncoins can be mined.
• In 2048-2049 , total     11.695900 Anoncoins can be mined.
• In 2050-2051 , total      5.847950 Anoncoins can be mined.
• In 2052-2053 , total      2.923975 Anoncoins can be mined.
• In 2054-2055 , total      1.461987 Anoncoins can be mined.
• In 2056-2057 , total      0.730994 Anoncoins can be mined.
• In 2058-2059 , total      0.365497Anoncoins can be mined.
• From Year 2097 0.000000697130 or less coins can be mined.
• By Year 2251 , only 3499915.032800 coins or approximately 3.5 million Anoncoins can be mined out of 4.2 million limit.

So upto the 8th of July 2013, the total number of coins after 42,000 blocks was 176,400?

13/07/08   42000   7   176400   176400

[geekz]

date	block	subsidy	part coin mined	total coin
13/06/02	1	4.2	4.2	4.2
13/07/08	42000	7	176400	176400
13/08/20	77777	5	250439	426839
15/01/22	306600	2.5	1144115	1570954
16/10/22	613200	1.25	766500	2337454
18/07/23	919800	0.625	383250	2720704
20/04/22	1226400	0.3125	191625	2912329
22/01/21	1533000	0.15625	95812	3008141
23/10/22	1839600	0.078125	47906	3056047
25/07/22	2146200	0.0390625	23953	3080000
27/04/22	2452800	0.01953125	11976	3091977
29/01/20	2759400	0.009765625	5988	3097965
30/10/21	3066000	0.004882813	2994	3100959
32/07/21	3372600	0.002441406	1497	3102456
34/04/21	3679200	0.001220703	748	3103205
36/01/20	3985800	0.000610352	374	3103579

Thank you .  The blockchain at ancblockchain.com was also not showing correct block reward value, for 1 to 42000 blocks and i Fixed it now.  I have also added latest CNY value of ANC at http://www.btc38.com/trade_en.html?btc38_trade_coin_name=anc in the homepage.
But gostrol , Can you please explain on how you calculated the exact dates?

[Sunnyfive]

i think this is the first anno crypt

[geekz]

i think this is the first anno crypt

Yes , Anoncoin is first truly Anonymous crypto coin as it added i2p and tor features.  Hopefully, we can get zerocoin feature also within couple of months.