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Author Topic: [ANN] ⭐ TENT ⭐ Forked to Gemlink  (Read 112435 times)
TXID (OP)
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December 22, 2017, 06:56:13 PM
 #21

The source code and the wallet will be available tomorrow (Dec 23).

We are discussing about lowering the founder's reward to 5%, and the founder's reward is only created for the first 4 years. It means that we only get only ~2.1% total coin.

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December 22, 2017, 09:23:47 PM
 #22

10 percent or 5 percent should be 1%... over 4 years 8 years 1000000 years... dont care... just make it a flat rate of 1% for the whole length of time... be invested in it long term. it shows dedication
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December 22, 2017, 09:30:31 PM
 #23

10 percent or 5 percent should be 1%... over 4 years 8 years 1000000 years... dont care... just make it a flat rate of 1% for the whole length of time... be invested in it long term. it shows dedication

Many other coins have this kind of founders reward. Think zcash has 20 per cent for some time and zencash has 8.5 per cent of block reward.

I'm fine with 10 per cent, as long as it is used for development, whitepaper, marketing etc.
hurr1cane
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December 23, 2017, 05:35:06 AM
 #24

hi, waiting for wallet and pool   Cool
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December 23, 2017, 06:08:16 AM
 #25

10% founder fee...  No premine?

1,000,000,000 supply?

Is this a joke?

Yes it is a joke or maybe just a mistake in the ann. What it should have said is 1% "founders reward" and not 10%.

Does it mean that each block, miner receives only 180/200 coin?

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December 23, 2017, 06:38:32 AM
 #26

Founder Reward: 10% each block till 2102400 that's mean total for founder is 42048000.
What is this Zcash? Is this a joke?
10% founder reward is too much for copy paste.
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December 23, 2017, 07:59:02 AM
Last edit: December 23, 2017, 08:09:20 AM by cdrx
 #27

I think 200 coin reward per block is too much... makes this coin 0.00000030 - max. 50 satoshi ?

pirl has 10 reward and is 0.00007250 ($ 1.06), pegascoin has 25PGC reward and is now 0.00000220 ($ 0.03-0.10) ...

how much % will be reward lowered after 2102400 blocks and when it this going to happen, in 2018 ?

what makes this coin different than the others ?
loatchoat
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December 23, 2017, 11:31:11 AM
 #28

I think 200 coin reward per block is too much... makes this coin 0.00000030 - max. 50 satoshi ?

pirl has 10 reward and is 0.00007250 ($ 1.06), pegascoin has 25PGC reward and is now 0.00000220 ($ 0.03-0.10) ...

how much % will be reward lowered after 2102400 blocks and when it this going to happen, in 2018 ?

what makes this coin different than the others ?

200 coin / block is not too much. I think it is ok.
Its price can not be predicted.

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December 23, 2017, 11:40:28 AM
 #29

10 percent or 5 percent should be 1%... over 4 years 8 years 1000000 years... dont care... just make it a flat rate of 1% for the whole length of time... be invested in it long term. it shows dedication

+1000.

I have no problem with this block reward or the total supply.

The dev. reward is better than the premine, but the size.
Instead need a lower reward, but forever.
The standard thing is that you will lose your interest after the halving.
Why didn't you think about it? Because it's just a hit & run project maybe? What should I think?

In long term if you will work hard and well, like the KMD or ZEN team, the price will reward you.

I hope this coin will start without a ninja mine and with lower dev. reward.
TXID (OP)
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December 23, 2017, 12:33:16 PM
 #30

Thanks all for your support.

1. We lower the founder's reward to 5% per block only for first 4 years, it means that we have only ~2% total coin. These coins will be used for further development, giveaway, etc
2. We lower the total coin to 100 mil and block reward to 20 coins per block
3. There is no ninja mine because there is a slow start for the first 8000 blocks (approximately 4 days mining)
4. You can solo mining at the start when waiting for the pools, it's quite easy.
5. We will provide the binary soon, the road map as well

We are waiting for the pools, there is a bounty for the first 5 Snowgem pools.

The project Github is: https://github.com/Snowgem

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December 23, 2017, 02:05:11 PM
 #31

Reserved.
cdrx
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December 23, 2017, 02:28:15 PM
 #32

Windows wallets will be also available before 25th ?
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December 23, 2017, 02:30:57 PM
 #33

Reserved for Russian translation if needed

$XSCP(XyMcLREar5HupAEFjzqfxGvk7FKQN8yirP)
TXID (OP)
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December 23, 2017, 02:38:13 PM
 #34

The wallet is available in the first post.
You can download and setting up for solo mining or your pool.

PLEASE REMEMBER THAT: YOU CAN'T MINE BEFORE DEC 25, 2017 0:00 UTC

cdrx
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December 23, 2017, 02:44:55 PM
 #35

This coin is limited to linux users only...

do you plan making windows version before 25th or at least a full guide on how to use your linux version on windows installation ?
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December 23, 2017, 03:21:02 PM
 #36

github is empty ...
TXID (OP)
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December 23, 2017, 04:23:29 PM
 #37

We put the binary to the github, the source code will be added a little bit later.

Now, you can download the binary and setup your node for tomorrow.

ngbaoson
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December 23, 2017, 04:27:01 PM
 #38

Reserved for pool bounty
papilyn
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December 23, 2017, 04:30:59 PM
 #39

lets try in Linux.

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December 23, 2017, 04:38:42 PM
 #40

Which Exchanges are planning?
What advantages have Snowgem in front of Zec, Zen, Bitcoin-Z?
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