bumbacoin (OP)
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February 04, 2018, 08:31:57 AM Last edit: February 04, 2018, 08:57:15 AM by bumbacoin |
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Your theorical maths are right facts show otherwise. After 24 days from January 11th to this day the SHND supply went from 12T to 16.11T. At a theorical 100% rate it should be 21.6T So it's only a 43% staking percentage. The hardfork isn't not much needed then. This percentage will continue to decrease overtime due to the nature of the actual limitation of the coin. So the hardfork is even less needed.
lol. cos what's 4T coins between a small group of friends ? at the current price of everything, thats only $4.9m worth added in 24 days ... does not seem very sustainable. and for more specific numbers, the #1 wallet has increased from 4,487,631,809,436 to 4,858,678,076,608 since jan28, 371046267172 coins in 7 days which is valued at $456,832 . here's the snapshot we took of the richlist on the 28th jan, please compare to https://richlist.cryptobe.com/StrongHandsi agree to some extent with your feelings on the fork, it's a terrible thing to fork a coin but desperate times seem to need desperate measures. and there's nothing we can do about you choosing to run 60004, but if the exchanges update with us to 60005 where does that leave you ?
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bumbacoin (OP)
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February 04, 2018, 08:37:03 AM |
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this image of supply projection based on historical figures also agrees that 1200% is not the actual values of ascension tbh, the limits of 2 billion on transaction size definitely limit the potential growth through the practical issues of staking in lumps smaller than 1 billion, but if you own 4T, running 4000 inputs is not really a huge issue. it's more sending them all the to the exchange that's the annoyance and we'd definitely at some point find that the 2.5 minute blocks would limit growth to less than 500billion a day (when considered in combination with PoW).
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bumbacoin (OP)
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February 04, 2018, 08:54:44 AM |
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I appreciate for SHND team for everything that you have done recently.
I heard that the fork was made around 17th Feb. So I invested SHND and put it into the wallet. But if the fork take place around in 6 days, is there no way to be rewarded 100% as previously? (for me, 9 days left to 30days)
I think the official announce was that the fork date is 17th Feb.. so I think the block 589500 can be around 17th Feb. But it's not. it's too early.
Do I lose my opportunity to get rewarded as the fork date changes?
pow rewards change at block 589500 pos rewards will change at block 593500 this was chosen as it was projected to fall after 30 days from the first vote being run. ideally allowing investors who started staking prior to the votes, to get one return of 1200%.
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Plys86
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February 04, 2018, 09:31:37 AM |
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important notice there is a new release of the SHND code and wallets v0152 this version fixes two major issues,
where some windows instances crash and refuse to run, and more importantly, due to some hiccup in github, the recent pull request was accepted by the site without actually accepting code updates, this caused the code to not be updated to fork readiness all users who have compiled recent versions need to confirm they are running latest code linux daemon compiled from latest source returns getinfo "version" : "v0.4.0ppc-103-g3d203c0", "protocolversion" : 60005, please ensure you are running latest protocol version 60005. windows and osx binaries v0151 were compiled seperately and are ok however it is recommended all users update in a relaxed fashion to help prevent confusions. https://github.com/bumbacoin/stronghands/releasesthe fork will still take place at block 589500 which is expected in around 6 days. we apologise for this situation, it is a mystery how github can accept the pull request while still not updating the code but i can take the blame for trusting and not checking. to explain, github is a service that helps maintain code on different systems and keep them up to date in relation to each other. i did a pull request which should have updated all the code on the central repository with necessary fork code updates, however, the pull appeared to succeed without doing anything useful. so instead of the code being all fork ready, i only thought it was fork ready it's fixed now. hey... what about the window64x wallet version?? in that link you only could get the windows32x one, isnt it?? if anybody can help me with this please.... if the window that i'm running is 64x which wallet version do I have to download?? thanks At me window64x - updated a purse without problems, there is no excruciating any more files. Just downloaded, unpacked and clicked the .exe file. Anti-virus scolded - I added stronghands.exe to the allowed list. We either believe the Bumbakoin - or the coin will die.
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Plys86
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February 04, 2018, 09:58:55 AM |
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What happened to COINEXCHANGE
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mnwycombe
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February 04, 2018, 11:04:48 AM |
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According to my math, this experiment coin has now 409600% inflation per year (2^12). And after the hard fork (250000 coins per block) the inflation rate will be less than 0.30% per year. Typical fee is 0.01 SHND. Total market cap 16.5 millions of dollars (8 times less than XP and 7 times less than Paccoin). Stronghands (10 addresses) rewarded 409600% per year have now 73.4% of total supply. Only the strongest hands prevail,..., According to https://www.coinexchange.io/network/peers/SHND most of nodes still in 60004. Your theorical maths are right facts show otherwise. After 24 days from January 11th to this day the SHND supply went from 12T to 16.11T. At a theorical 100% rate it should be 21.6T So it's only a 43% staking percentage. The hardfork isn't not much needed then. This percentage will continue to decrease overtime due to the nature of the actual limitation of the coin. So the hardfork is even less needed. For the guys who are asking questions about their coins in the QT wallet here is the solution. Just don't download the new version and run on the old one the hard fork will fail and you will be able to stake your coins. One doesn't apply a hardfork on a 30 days staking coin within 15 days or so. As shown above most nodes won't update the code. The hardfork isn't mandatory at all if noone updates it. The hard fork isn't needed. As I said if Bumba wants to hard fork he should ask CE to create (and pay for it) a new coin and issue it for free at 1:1 conversion rate. Like it was the case for ETC/ETH or the many forks on BITCOIN. This is the only solution that doesn't need consensus. Otherwise it's a Hijack attempt regarding the total population using this coin (wich many are not even aware of Bumba). You are not in crypto to be forced by a minority to tell you what you are supposed to do. Act accordingly. Bumba is still very welcome to be the dev for SHND. It is exactly what I will do. I will not update to the new version, but keep the old wallet running instead. The monthly 100% rate is the only interesting parameter that differs stronghands from other cryptocurrencies. We will get new buyers only because of that interesting experiment. To change it, will make stronghands completely uninteresting. I will stay on the old chain and not using the new wallet.
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pvg
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February 04, 2018, 12:24:55 PM |
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Plys86
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February 04, 2018, 01:04:43 PM |
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According to my math, this experiment coin has now 409600% inflation per year (2^12). And after the hard fork (250000 coins per block) the inflation rate will be less than 0.30% per year. Typical fee is 0.01 SHND. Total market cap 16.5 millions of dollars (8 times less than XP and 7 times less than Paccoin). Stronghands (10 addresses) rewarded 409600% per year have now 73.4% of total supply. Only the strongest hands prevail,..., According to https://www.coinexchange.io/network/peers/SHND most of nodes still in 60004. Your theorical maths are right facts show otherwise. After 24 days from January 11th to this day the SHND supply went from 12T to 16.11T. At a theorical 100% rate it should be 21.6T So it's only a 43% staking percentage. The hardfork isn't not much needed then. This percentage will continue to decrease overtime due to the nature of the actual limitation of the coin. So the hardfork is even less needed. For the guys who are asking questions about their coins in the QT wallet here is the solution. Just don't download the new version and run on the old one the hard fork will fail and you will be able to stake your coins. One doesn't apply a hardfork on a 30 days staking coin within 15 days or so. As shown above most nodes won't update the code. The hardfork isn't mandatory at all if noone updates it. The hard fork isn't needed. As I said if Bumba wants to hard fork he should ask CE to create (and pay for it) a new coin and issue it for free at 1:1 conversion rate. Like it was the case for ETC/ETH or the many forks on BITCOIN. This is the only solution that doesn't need consensus. Otherwise it's a Hijack attempt regarding the total population using this coin (wich many are not even aware of Bumba). You are not in crypto to be forced by a minority to tell you what you are supposed to do. Act accordingly. Bumba is still very welcome to be the dev for SHND. It is exactly what I will do. I will not update to the new version, but keep the old wallet running instead. The monthly 100% rate is the only interesting parameter that differs stronghands from other cryptocurrencies. We will get new buyers only because of that interesting experiment. To change it, will make stronghands completely uninteresting. I will stay on the old chain and not using the new wallet. Do you want - 1 SHND = 0.0000000000000000000000000000000000000000000000000000000001$ Greed punish a fool! But you will not be able to, if in the block there is a fork, then the old algorithm will cease to operate - you will lose your coins altogether.
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Plys86
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February 04, 2018, 01:07:06 PM |
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Boлнa ycпexa, зa yпopcтвo !!!
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bumbacoin (OP)
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February 05, 2018, 02:13:15 AM |
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after stopping the inflation to 19t what is the next step to reduce the 19t??? is there majority plan for now? and so why dentacoin ups its price even know it has trillion supply can SHND can do it too?
the next step will be to create a new masternode currency that is only attainable by burning SHND after this is completed we can look at adjusting the POS values for SHND in relation to the reduced coinsupply.
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peoplesorlando413
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February 05, 2018, 12:31:13 PM |
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WHAT WILL HAPPEN IF I LEAVE MY COINS ON COINEXCHANGE DURING AND AFTER THE FORK? WILL MY COINS BE WORTH NOTHING OR VANISH? OR WILL EVERTHING CONVERT AUTOMATIC?
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Plys86
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February 05, 2018, 03:53:16 PM |
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WHAT WILL HAPPEN IF I LEAVE MY COINS ON COINEXCHANGE DURING AND AFTER THE FORK? WILL MY COINS BE WORTH NOTHING OR VANISH? OR WILL EVERTHING CONVERT AUTOMATIC?
And you can not transfer them to your wallet. COINEXCHANGE blocked output.
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Th3Fist3R
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February 05, 2018, 04:24:47 PM |
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What is the latest Version of the Stronghands Wallet ?
my version is v.0.1.5.1- gd0cbc83
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SirTonkalott
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February 05, 2018, 06:26:27 PM |
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What is the latest Version of the Stronghands Wallet ?
my version is v.0.1.5.1- gd0cbc83
1.5.2
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peoplesorlando413
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February 05, 2018, 07:16:55 PM |
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I just want to know if the fork works if the coins are on coinexchange since I can’t withdraw them at the moment that’s the only thing stopping me from buying more either way
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Plys86
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February 06, 2018, 04:00:26 AM |
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I just want to know if the fork works if the coins are on coinexchange since I can’t withdraw them at the moment that’s the only thing stopping me from buying more either way
- I agree! They do not grow there, time goes away, we lose profits ...........
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SirTonkalott
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February 06, 2018, 10:29:45 AM |
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Any news about coinexchange wallet?
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geterod
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February 06, 2018, 11:14:19 AM Last edit: February 06, 2018, 01:06:03 PM by geterod |
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I just want to know if the fork works if the coins are on coinexchange since I can’t withdraw them at the moment that’s the only thing stopping me from buying more either way
- I agree! They do not grow there, time goes away, we lose profits ........... Coinexchange >>> sell SHND >>> buy DOGE >>> withdraw DOGE coinexchange.io to tradersatoshi.com >>> buy SHND ( STATUS tradersatoshi.com OK )
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Plys86
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February 06, 2018, 02:25:14 PM |
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I just want to know if the fork works if the coins are on coinexchange since I can’t withdraw them at the moment that’s the only thing stopping me from buying more either way
- I agree! They do not grow there, time goes away, we lose profits ........... Coinexchange >>> sell SHND >>> buy DOGE >>> withdraw DOGE coinexchange.io to tradersatoshi.com >>> buy SHND ( STATUS tradersatoshi.com OK ) Then the price 1 SHND will be = 1 DOGE
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Plys86
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February 06, 2018, 02:28:06 PM |
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Developers! When you fix accounts for Coinexchange
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