[ANN][ROI] ROI Coin | CPU Only Solo Mining | 15% POS | 18.07% Term Deposit

[Entei]

It's always good to find projects that value amateur miners! Especially when it's CPU only, later I'll try to get some coins, I hope ROICoin is valuable, of course this will come with the adoption of some people and usability.

[RinceWind84]

The wallet is designed to stake your coins offline. This is to benefit people who cannot leave the wallet running all the time. Also this applies to term deposits as well as normal POS staking.

As far as stake payouts at CoinsMarkets exchange we have received word that there has not been stake payouts on ROI coin at this exchange.

If anybody can confirm that I would appreciate your feedback.

If you make a quick check here on the exchanges staking stats info it appears that ROI Coin is not listed: https://coinsmarkets.com/stake.php

It seems as if coinsmarkets.com is not aware of this functionality of ROI-coin.

[DisasterFaster]

The wallet is designed to stake your coins offline. This is to benefit people who cannot leave the wallet running all the time. Also this applies to term deposits as well as normal POS staking.

As far as stake payouts at CoinsMarkets exchange we have received word that there has not been stake payouts on ROI coin at this exchange.

If anybody can confirm that I would appreciate your feedback.

If you make a quick check here on the exchanges staking stats info it appears that ROI Coin is not listed: https://coinsmarkets.com/stake.php

It seems as if coinsmarkets.com is not aware of this functionality of ROI-coin.

I wanted to make a couple of points on this post...

Firstly I am very convinced that the CoinsMarkets Exchange devs are very aware of all the details of ROI Coin. These guys are very sharp and deal in many different coins. Sure building an exchange is not super complex but the reality is how to secure it... now that's a challenge!

Next you have to wrap your head around ROI Coin and how unique it is. If you've dealt with many other staking coins you already know how things are and that is you can see the "stakes" in your transaction log. Some coins go by wallet coin weight vs. network weight while  others have different strategies but still these coins stake and those stakes are logged in the transactions.

Now look at ROI Coin and how it's so different. ROI Coin does not consider wallet weight or network weight but rather ROI has a multiplier that stakes every single block of the blockchain and each subsequent block is compounded with the next block's worth of staking. ROI can be offline and you can have even 1 coin in your wallet and it will stake every block of the blockchain just the same as another wallet with 10 million coins that is online 24/7.

Now when you start putting this altogether and then put yourself in the shoes of CoinsMarkets Exchange you begin to realize how would they track staking? There isn't any transaction logs of stakes like other coins. Would they calculate the yearly APR % and then mathematically deduce each user's portion? Hmm that gets complicated. Plus that consider how few coins are at the exchange and the staking yields per their daily payout would be a bit small never mind then dividing those out to the users. How many staking coins have you seen that stake incrementally every block regardless of coin weight and regardless of the wallet being online?

Now some might wonder... hey what if the exchange is term depositing ROI coins? Well if they are how would then run withdraws? Once they term deposit and lock coins they cannot be available for transfer and this would create an enormous issue for any exchange in that users would on demand withdraw coins that the exchange could not then transfer.

So with all this being said.... I would like to ask for feedback from the community... would the ROI community desire to see an exchange for ROI Coin paired with various other coins at the ROI Coin website? You know an exchange that is designed, coded, secured, run and so forth by yours truly... I would be happy to devise a proper system to track and payout proper staking payouts to all exchange users no problem. Let me know what you think  

[altrego]

Hello, can somebody explain... I see many transactions in the block explorer like this one http://45.76.246.101:3001/tx/b255e239bcc3e63765284ae043b920d38cd096a1e39ed46e1b9357b9f605649e
(600,000 new coins). How they get created, if the reward for the block is only 120 coins?

[DisasterFaster]

Hello, can somebody explain... I see many transactions in the block explorer like this one http://45.76.246.101:3001/tx/b255e239bcc3e63765284ae043b920d38cd096a1e39ed46e1b9357b9f605649e
(600,000 new coins). How they get created, if the reward for the block is only 120 coins?

Really? You see many transactions like this in the block explorer?

Only 2 humans on this earth hold enough coins to term deposit 600K coins and I know it wasn't me so I would be very interested to hear more details...

[Dastrike351]

Who are all these peoples with 1 millions coin?

http://45.76.246.101:3001/richlist

[DisasterFaster]

Who are all these peoples with 1 millions coin?

http://45.76.246.101:3001/richlist

Me and one other dev that is it.

[newgil]

Hello,

Brazilian article about ROI Coin is finished and can be visited here:

https://guiadobitcoin.com.br/conheca-a-roi-coin-uma-nova-moeda-pos-com-grande-potencial-e-baixo-custo/


regards!

[Plainkoin]

Hello, can somebody explain... I see many transactions in the block explorer like this one http://45.76.246.101:3001/tx/b255e239bcc3e63765284ae043b920d38cd096a1e39ed46e1b9357b9f605649e
(600,000 new coins). How they get created, if the reward for the block is only 120 coins?

The premine was done in blocks 100 through 200 in the amount of 600k each.  For 6% of the PoW coin count.  Continued growth of PoW and PoS through wallet holding and Term Deposits will bring that percentage down gradually as the coin matures and the distribution curve grows.  The coins generated from PoW will eventually be about or less than 25% of the coinbase when you add interest earned PoS coins.  Too many variables about how miners with hold or sell, or will it be the later investors that earn more by Term Deposits?

[DisasterFaster]

Hello,

Brazilian article about ROI Coin is finished and can be visited here:

https://guiadobitcoin.com.br/conheca-a-roi-coin-uma-nova-moeda-pos-com-grande-potencial-e-baixo-custo/


regards!

Wow the website just had a ton of new user sign ups.... it must be a response from this article!

[ant1113]

The price has come back
Aim for $ 5

Hold on!

[DisasterFaster]

The price has come back
Aim for $ 5

Hold on!

Maybe some people were able to make money. Maybe buy at low price when people dump then move those coins to the sell wall at a higher price and pick up some profits!

[cryptoRX]

So with all this being said.... I would like to ask for feedback from the community... would the ROI community desire to see an exchange for ROI Coin paired with various other coins at the ROI Coin website? You know an exchange that is designed, coded, secured, run and so forth by yours truly... I would be happy to devise a proper system to track and payout proper staking payouts to all exchange users no problem. Let me know what you think  

I actually think that might be a good idea. But more of a future project then a pressing concern.

[AngryWhiteWolf]

I was wondering about the 2-3 exchanges where ROI will be listed in the future as stated on the first post of the ANN. Dev, can you please tell me which one you have in mind?
Don't have an account yet and don't know much about coinsmarkets.com, if somebody can share some impressions - perfect.

[Alexey Sukharev]

I have an idea for a wallet. Maybe it was already discussed, but I didnt see it.

How about setup an AUTO term deposit for all incoming ROI Coins for a certain wallet address for a personal conditions?

For example. I have 2 addresses in my ROI wallet:
1 and 2. 1 is Used to mining, 2 is used to term Deposits. Its about go to the settings and make AUTO term "ON" or "OFF" with some conditions - TERM DEPOST XXX coins from address 1 for YYY days/weeks/months/years to address 2 when address 1 have the required quantity (for example XXX).

So I can have a plan. When I recieve 100 ROI on my mining address (1) from pool/solo, the wallet automaticaly (if this setting is turned ON) making a term deposit to my deposit address (2) if my wallet is running, so I dont have to do it manualy all the time and forget to deposit the coins.

MAybe its a bit confusing to understand, but I thinks its good.
Of course if its not impossible to realise.

[HodlOrava]

How to read block explorer data and to where have my coin gone?

Block explorer show this data for my address:
Total Received (ROI): 3262
Total Sent (ROI): 620 this seems to be increasing.
Balance (ROI): 2641

I have not send those 620 coins. I have made deposits but those are send back to that address. Block explorer shows only one red transactions and that is about 0.5 coins.

All change coins are send back to that main address.

Command listaddressgroupings reports that there are 2779 coins. Are accured coins included?

[DisasterFaster]

I was wondering about the 2-3 exchanges where ROI will be listed in the future as stated on the first post of the ANN. Dev, can you please tell me which one you have in mind?
Don't have an account yet and don't know much about coinsmarkets.com, if somebody can share some impressions - perfect.

YoBit and KUcoin are in progress now but just waiting on the fork to complete.

[DisasterFaster]

I have an idea for a wallet. Maybe it was already discussed, but I didnt see it.

How about setup an AUTO term deposit for all incoming ROI Coins for a certain wallet address for a personal conditions?

For example. I have 2 addresses in my ROI wallet:
1 and 2. 1 is Used to mining, 2 is used to term Deposits. Its about go to the settings and make AUTO term "ON" or "OFF" with some conditions - TERM DEPOST XXX coins from address 1 for YYY days/weeks/months/years to address 2 when address 1 have the required quantity (for example XXX).

So I can have a plan. When I recieve 100 ROI on my mining address (1) from pool/solo, the wallet automaticaly (if this setting is turned ON) making a term deposit to my deposit address (2) if my wallet is running, so I dont have to do it manualy all the time and forget to deposit the coins.

MAybe its a bit confusing to understand, but I thinks its good.
Of course if its not impossible to realise.

That's an interesting suggestion and we should take a look at that for our next wallet update.

[DisasterFaster]

How to read block explorer data and to where have my coin gone?

Block explorer show this data for my address:
Total Received (ROI): 3262
Total Sent (ROI): 620 this seems to be increasing.
Balance (ROI): 2641

I have not send those 620 coins. I have made deposits but those are send back to that address. Block explorer shows only one red transactions and that is about 0.5 coins.

Command listaddressgroupings reports that there are 2779 coins. Are accured coins included?

Do you have the TX id on the transaction your are checking out?

Sometimes it gets confusing because the blockexplorer may show different transactions that were combined together...

[HodlOrava]

How to read block explorer data and to where have my coin gone?

Block explorer show this data for my address:
Total Received (ROI): 3262
Total Sent (ROI): 620 this seems to be increasing.
Balance (ROI): 2641

I have not send those 620 coins. I have made deposits but those are send back to that address. Block explorer shows only one red transactions and that is about 0.5 coins.

Command listaddressgroupings reports that there are 2779 coins. Are accured coins included?

Do you have the TX id on the transaction your are checking out?

Sometimes it gets confusing because the blockexplorer may show different transactions that were combined together...

I sent a private message.