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Author Topic: [ANN]Lemanum[ANN] LMN -- New pos/pow Cryptocurrency  (Read 35044 times)
th39uan60
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January 26, 2018, 07:38:17 PM
 #601

So... help me to get this. There will be a max of 697.5 mil $LMN coins, and at the moment POS starts (block 60k) we would be at 571.3 mil coins (81.9% of max supply). That leave us only 18.1% left for POS/POW rewards from block 60k.

   6,975,000 (1% premined)
250,000,000 (generated in POW blocks 0-10k)
125,000,000 (generated in POW blocks 10k-20k)
125,000,000 (generated in POW blocks 20k-40k)
  64,300,000 (generated in POW blocks 40k-60k)
--------------
571,275,000 (total coins generated in POW < block 60k)

 697,500,000 (max supply - 100%)
-571,275,000 (start of POS supply - 81.9%)
--------------
133,200,000     (left for POS/POW at block 60k - 18.1%)

And if we don't take in count the supply generated by POS, we would reach max supply (with pure POW) before hitting block 198k which with current block time (2 min) it will be aprox. at MAY 15th.

45,000 (current block - JAN 26th)
25 dec -> 26 jan = 32 days
45,000 blocks / 32 days = 1406 (blocks per day)

198,000 - 45,000 = 153,000 (remaining blocks to block 198k)
153,000 / 1406 = 108.8 (remaining days to block 198k)
108.8 / 30 = 3.62 (remaining months to block 198k)

That leave no more POS rewards after MAY 15th, are my calculations right? Undecided
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NateDogg187
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January 26, 2018, 08:12:23 PM
 #602

I came up with 699,300,000 total from PoW phase (not including 1% premine). as you can see the PoS goes very low from block 200,001 and continues infinitely, meaning PoS staked coins will continue to create small amount of coins forever.  perhaps I'm wrong though
KhunChan
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January 26, 2018, 08:21:14 PM
 #603

Lemanum is gonna ROCKET when we hit block 60.000 and POS starts! We need a good exchange like southxchange or hitbtc though.  Smiley
Do you think pos will change the situation with the price?


Absolutely, we all saw how well Bulwark, GOA Coin and QBIC done because of being POW/POS coins. It's Lemanum's time to shine.

My advise would be to HOLD at least 100.000 LMN for future growth, but that's just my take on it.  Wink

In my opinion 100 000 is not enough, you need 1 000 000, and better 2 000 000. Then it will be interesting to look at pos.
KhunChan
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January 26, 2018, 08:30:48 PM
 #604

Sadly I've lost my 150000 lmn on CM ...

why on earth would you leave your coins on ANY exchange? you dont hodl them there ever, always in a desktop/offline wallet which you backup.

Coins are needed on the stock exchange, what would they trade. If there is an opportunity to sell more expensive, buy cheaper and so in a circle, why just keep coins that are not doing anything yet. It's a stock exchange, not just an exchanger.

I also lost 210,000 coins there. But I started the exchange only 190 000 and scrolled them a couple of times. But in the end everything was still there, in the amount of about 5 - 6 million Satoshi. If you compare with the amounts that investors lost buying noda in some of the last coins, then this is not a big loss.

KhunChan
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January 26, 2018, 08:41:34 PM
 #605

dang I wish CM would come up so I could sell some crap coins and buy more lmn. people selling so cheap, but all the coins I hold are not listed on cryptohub so no way to buy without moving btc. guess just keep mining lol

You can make other coins, there are coins that are presented on many exchanges. If everything is correctly calculated and not in a hurry, then you will definitely get to buy coins. The main desire.
KhunChan
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January 26, 2018, 08:44:06 PM
 #606

Lemanum is gonna ROCKET when we hit block 60.000 and POS starts! We need a good exchange like southxchange or hitbtc though.  Smiley
Do you think pos will change the situation with the price?


Absolutely, we all saw how well Bulwark, GOA Coin and QBIC done because of being POW/POS coins. It's Lemanum's time to shine.

My advise would be to HOLD at least 100.000 LMN for future growth, but that's just my take on it.  Wink

is it ok if I just hold 50,000?  Roll Eyes

If you're sure that you have enough for lambo;)
 Why not?

From Lambo, I would take a new Lambo crossover. Lambo that can ride on our "roadless" roads.  Grin
unikaq
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January 26, 2018, 09:32:02 PM
 #607

So... help me to get this. There will be a max of 697.5 mil $LMN coins, and at the moment POS starts (block 60k) we would be at 571.3 mil coins (81.9% of max supply). That leave us only 18.1% left for POS/POW rewards from block 60k.

   6,975,000 (1% premined)
250,000,000 (generated in POW blocks 0-10k)
125,000,000 (generated in POW blocks 10k-20k)
125,000,000 (generated in POW blocks 20k-40k)
  64,300,000 (generated in POW blocks 40k-60k)
--------------
571,275,000 (total coins generated in POW < block 60k)

 697,500,000 (max supply - 100%)
-571,275,000 (start of POS supply - 81.9%)
--------------
133,200,000     (left for POS/POW at block 60k - 18.1%)

And if we don't take in count the supply generated by POS, we would reach max supply (with pure POW) before hitting block 198k which with current block time (2 min) it will be aprox. at MAY 15th.

45,000 (current block - JAN 26th)
25 dec -> 26 jan = 32 days
45,000 blocks / 32 days = 1406 (blocks per day)

198,000 - 45,000 = 153,000 (remaining blocks to block 198k)
153,000 / 1406 = 108.8 (remaining days to block 198k)
108.8 / 30 = 3.62 (remaining months to block 198k)

That leave no more POS rewards after MAY 15th, are my calculations right? Undecided

When you send transaction you pay fee so this fee will be share to staker....🐣
udushk
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January 26, 2018, 10:21:59 PM
 #608

Sadly I've lost my 150000 lmn on CM ...

why on earth would you leave your coins on ANY exchange?

One word - orders
JohnDoe3490
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January 27, 2018, 05:22:59 AM
 #609

PoS staking rewards are calculated on a yearly basis. Of course you won't get 600% POS rewards in one month. It is calculated over a year.
loatchoat
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January 27, 2018, 09:17:58 AM
 #610

PoS staking rewards are calculated on a yearly basis. Of course you won't get 600% POS rewards in one month. It is calculated over a year.

600% a year is not a small profit

argamemnon
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January 27, 2018, 09:20:51 AM
 #611

wish i could have that with my savings account lol
cRazY dWarF v2
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January 27, 2018, 09:30:50 AM
 #612

Does anyone have a problem connection to the network? I cannot synchronize wallet with network. I have disabled antivirus programs, but, still same thing.
Anyone has node list maybe?
GamerGenie
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January 27, 2018, 10:49:05 AM
 #613

Does anyone have a problem connection to the network? I cannot synchronize wallet with network. I have disabled antivirus programs, but, still same thing.
Anyone has node list maybe?

addnode=107.185.68.254:55993
addnode=109.236.215.17:55993
addnode=116.91.31.66:55993
addnode=124.183.68.227:55993
addnode=130.255.12.106:55993
addnode=147.135.130.119:55993
addnode=153.213.96.231:55993
addnode=171.7.58.246:55993
addnode=207.246.120.137:55993
addnode=46.4.88.116:55993
addnode=5.228.232.59:55993
addnode=95.78.98.68:55993

works fine for me
Miro1764n
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January 27, 2018, 02:25:53 PM
 #614

Does anyone have a problem connection to the network? I cannot synchronize wallet with network. I have disabled antivirus programs, but, still same thing.
Anyone has node list maybe?
all nodes on page 5
Drumy
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January 27, 2018, 03:25:22 PM
 #615

https://nextexchange.featureupvote.com/suggestions/4354/adding-lemanum-lmn-to-nextexchange

Vote guys for Lemanum to be added on this exchange!
raskad
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January 27, 2018, 08:41:23 PM
 #616


Voted! How good is nextexchange?
0verdose
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January 27, 2018, 11:55:50 PM
 #617

Seems that Lemanum has a twitter page now. This is a step in the right direction as building social media accounts will bring more people for sure.

https://twitter.com/LemanumCoin
yume91
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January 28, 2018, 01:52:10 AM
 #618


Voted. It seems that it has not come into operation officially.

GhostGoblin
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January 28, 2018, 11:01:38 AM
 #619

Seems that Lemanum has a twitter page now. This is a step in the right direction as building social media accounts will bring more people for sure.

https://twitter.com/LemanumCoin

Hi 0verdose thanks for the input we opened the twitter page today Smiley I think our next medium to create will be a reddit page  Wink
pinball_wizard
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January 28, 2018, 11:19:06 AM
 #620

Lemanum is slowly growing in a proper way. Some marketing stuff is necessary, so goo for twitter , reddit and medium...just a less crappy exchange would be nice to make value moving...

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