[ANN] "Cubits"(QBT) HI POS Coin v2.1.3-Starbuck UPDATED!

[Winner88]

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.

[1713985886]

1713985886

[Dunkelheit667]

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.

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?

[vampirus]

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)

[Winner88]

That's some complicated math right there..

[vampirus]

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

Important information for Cubits holders:
All unswapped  SCIFI coins will be swap to Cubits
Swap rate based on total received QBT. Start after February, 1 2018

UPD: Swap QBT to SCIFI will be different from other.
No need send any coins in main and forked chain, just sign messages with yours addresses
as proof of own and send me before February, 1 2018
Based on QBT Richlist and unswapped coins I calculate swap rate and send SCIFI.
Try consolidate QBT in 1-5 addresses.

[brundlefly]

What happens to the QBT that you leave on Cryptopia Exchange?

[Dunkelheit667]

What happens to the QBT that you leave on Cryptopia Exchange?

Basically nothing.

But...

In case your Cubits are on Cryptopia, you will not be able to sign a message (as the address is owned by Cryptopia).

If you want your SCIFI share, you have to move these coins to a local wallet (your address, you can sign it).

With other words, if you want some SCIFI, you should:
1) Move the QBT from Crytopia to your local wallet before February 1st.
2) Send your (local wallet) address and signed message to vampirus.
3) Wait till you received your SCIFI.
4) Send your QBT back to Cryptopia if desired.
5) Enjoy your new SCIFI.

[vampirus]

If you leave coins in home wallet, it can be stake and get profit.
SCIFI just free bonus to QBT, KED, DPZ, UFC, GPL holders.

[TimC]

If you leave coins in home wallet, it can be stake and get profit.
SCIFI just free bonus to QBT, KED, DPZ, UFC, GPL holders.

What would be the rate that we receive for holding QBT? Do we get 1 SCIFI for each QBT that we hold or is it like a 10 to 1 or something like that.

[vampirus]

If you leave coins in home wallet, it can be stake and get profit.
SCIFI just free bonus to QBT, KED, DPZ, UFC, GPL holders.

What would be the rate that we receive for holding QBT? Do we get 1 SCIFI for each QBT that we hold or is it like a 10 to 1 or something like that.

Swap rate will be calculated February, 1 2018 and based on amount that was not clamed in DPZ, KED, GPL, UFC swap and address amount that QBT holders sign and send to me.

[Equalizer1970]

What happens to the QBT that you leave on Cryptopia Exchange?

Basically nothing.

But...

In case your Cubits are on Cryptopia, you will not be able to sign a message (as the address is owned by Cryptopia).

If you want your SCIFI share, you have to move these coins to a local wallet (your address, you can sign it).

With other words, if you want some SCIFI, you should:
1) Move the QBT from Crytopia to your local wallet before February 1st.
2) Send your (local wallet) address and signed message to vampirus.
3) Wait till you received your SCIFI.
4) Send your QBT back to Cryptopia if desired.
5) Enjoy your new SCIFI.

Excuse my ignorance, but how do you: 2) Send your (local wallet) address and signed message to vampirus.
Is it a message on bitcointalk or a signature you generate from the command line?

If it's a command line signature can you give instructions on how to do that on the wallet?

[Dunkelheit667]

Excuse my ignorance, but how do you: 2) Send your (local wallet) address and signed message to vampirus.
Is it a message on bitcointalk or a signature you generate from the command line?

If it's a command line signature can you give instructions on how to do that on the wallet?

It's a combination of both. You will sign the message with your local wallet (to proof you own the address) and send the address/message/signature via bitcointalk to vampirus. So he can verify you are the owner of this address.

1) Sign the message

1.1) If you use the GUI wallet, click on "File" -> "Sign message...". A new windows will open.
- choose "Sign Message", the first line has to cointain your address, you can use the address book icon to select one (e.g. CMmRiBwDREzDweRDPmrVLFCdyVF46MfVrv)
- type a unique message in the box below your address (e.g. Hello vampirus, I confirm that I'm the owner of CMmRiBwDREzDweRDPmrVLFCdyVF46MfVrv. November 9th, 2017. Thank you, Dunkelheit667)
- click on "Sign Message", the signature will appear inside the third row (and a green "Message signed."), you will get an output like:

Code:

IFWq0LhAh7f9pFzZcjyyLMteqO6AL28D4kZU232/BFEEvhGJ86EkqCf1lPS+3UEofRom/CyoTgzS/tnKTnU31ws=

- you can use the icon on the right to copy this signature if needed

1.2) You can use the command line as well.
- signmessage CMmRiBwDREzDweRDPmrVLFCdyVF46MfVrv "Hello vampirus, I confirm that I'm the owner of CMmRiBwDREzDweRDPmrVLFCdyVF46MfVrv. November 9th, 2017. Thank you, Dunkelheit667"
- the response will be a signature

2) Send the address, message and signature to vampirus via bitcointalk private message.
I would suggest using the [ code ]-tag (it's the hash key in the post dialog) inside your pm, because the forum software might reformat your signature... this can cause trouble when verifying the message. Try code blocks like this for any unique address:

Code:

Address: CMmRiBwDREzDweRDPmrVLFCdyVF46MfVrv

Message: Hello vampirus, I confirm that I'm the owner of CMmRiBwDREzDweRDPmrVLFCdyVF46MfVrv. November 9th, 2017. Thank you, Dunkelheit667

Signature: IFWq0LhAh7f9pFzZcjyyLMteqO6AL28D4kZU232/BFEEvhGJ86EkqCf1lPS+3UEofRom/CyoTgzS/tnKTnU31ws=

3) Hint
To get all addresses with a balance, use "Send coins" -> "Coin Control", select "Tree Mode". Each row will contain one of your addresses with a balance > 0.

I hope this helps, cheers!

[Dunkelheit667]

Btw. who on earth just dumped 1.3 million QBT just before receiving his SCIFI? Insanity...

[vampirus]

You may send me message from January, 1
But address balance I check February, 1 in richlist - http://cryptoguru.tk/RichList/index.php?Currency=QBT

[M.minor]

dev vampirus Hello!  why you do not develop a coin, or work continues.

[M.minor]

Dev hello!  You have not answered, what news of QBT coins?  are there any planned updates?

[tucanamiranda]

How can I participate in the bounty program?

[kabi123]

ehm pow for this coin ended? or just suspended ?

[M.minor]

dev, I asked for an answer on the Cubits coin, news or updates ...... - I never got a response - today the growth was $ 0.020017 USD (1132.09%) .... because there was no answer - before that I  sold 22,000 coins, you are an asshole.

[Dunkelheit667]

dev... - today the growth was $ 0.020017 USD (1132.09%) .... because there was no answer - before that I  sold 22,000 coins, you are an asshole.

It's not easy to amuse me, but you made me spit precious coffee all over the screen and laugh... Thanks a bunch, I'll tip you with 1000 QBT, just give me an address.

To get some QBT related 'news', you might follow this thread: https://bitcointalk.org/index.php?topic=2092094.0

It's time to buy QBT (and not sell them) to get some SCIFI as hinted in the posts above yours...

ehm pow for this coin ended? or just suspended ?

As the forum is slow today, I'll not link to a specific post but yes, PoW ended. QBT is a PoS only coin since last year or something like that.