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Author Topic: [ANN] "Cubits"(QBT) HI POS Coin v2.1.3-Starbuck UPDATED!  (Read 43475 times)
Dunkelheit667
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July 30, 2017, 11:07:42 AM
 #581

What's the current staking and coin maturity rate?
I think the info provided on this page might help: http://qbt.scificrypto.info/

Edit: As for the staking rate, we have a coin supply of ~ 65 million coins and generate ~ 488 blocks per day. Let's say you have 1 million Cubits, this should give you ~7 to 8 blocks per day, 700 to 800 Cubits. 255.500 to 292.000 coins per year, something between 25 and 29 % interest per year.

And the machine keeps pushing time through the cogs, like paste into strings into paste again, and only the machine keeps using time to make time to make time.
And when the machine stops, time is an illusion that we created free will.
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Winner88
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August 10, 2017, 05:35:20 PM
 #582

Thank you. So the 300% stated on the website is incorrect then?


What's the current staking and coin maturity rate?
I think the info provided on this page might help: http://qbt.scificrypto.info/

Edit: As for the staking rate, we have a coin supply of ~ 65 million coins and generate ~ 488 blocks per day. Let's say you have 1 million Cubits, this should give you ~7 to 8 blocks per day, 700 to 800 Cubits. 255.500 to 292.000 coins per year, something between 25 and 29 % interest per year.

[ CENTRA ] Multi-Blockchain Worldwide Debit Card & Insured Wallet
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Dunkelheit667
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August 10, 2017, 11:01:29 PM
 #583

What's the current staking and coin maturity rate?
I think the info provided on this page might help: http://qbt.scificrypto.info/

Edit: As for the staking rate, we have a coin supply of ~ 65 million coins and generate ~ 488 blocks per day. Let's say you have 1 million Cubits, this should give you ~7 to 8 blocks per day, 700 to 800 Cubits. 255.500 to 292.000 coins per year, something between 25 and 29 % interest per year.
Thank you. So the 300% stated on the website is incorrect then?
Not sure about the 300% figure. I'll double check as soon as the block explorer is back online. It expired, just funded some BTC for two additional months.

Edit: And the block explorer is back again, that was fast. Smiley

Today we have a supply of 65942573 QBT. One year ago we have had 49361792 QBT. This works out to ~ 33.59%. Guess my figure was not that off. Not sure about the 300%, might be some math magic.

Maybe vampirus can solve the mystery?

And the machine keeps pushing time through the cogs, like paste into strings into paste again, and only the machine keeps using time to make time to make time.
And when the machine stops, time is an illusion that we created free will.
vampirus
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August 21, 2017, 12:18:14 AM
 #584

300% PoS rate - is max rate. Real rate based on max block reward and network difficulty.
In HYP coin 750% PoS rate, real rate 80%. In my new BUK coin no PoS rate at all (or think it is infinity), just 10 coins reward.
In SCIFI coin 100% rate only 1st year, then hit max coins per block and produce  only 17520000 PoS coins per year. (20*24*365*100)

United SciFi Coin [SCIFI]   PoW/PoS coin fully protected from any attack and cheating.
Winner88
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August 22, 2017, 10:42:36 PM
 #585

That's some complicated math right there..

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vampirus
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September 14, 2017, 04:06:43 AM
 #586

My IP changed, please add to config:
addnode=47.20.253.239

United SciFi Coin [SCIFI]   PoW/PoS coin fully protected from any attack and cheating.
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