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Author Topic: [ANN] [USDe] Unitary Status Dollar eCoin $$ IMPROVED Halving | KGW Fix Update!!!  (Read 578405 times)
Piesel
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February 12, 2014, 11:28:57 AM
 #7101

How many days left to block halving?
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foodies123
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February 12, 2014, 11:59:23 AM
 #7102

How many days left to block halving?

good question.

nope
DrMad
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February 12, 2014, 12:06:11 PM
 #7103

How many days left to block halving?

Let's try a calculation (please correct me if I am wrong):

From OP:
USDE max supply: 1.6 Billion (1,600,000,000)
Block halving: block halving every 1/3rd of the coin's total supply
Time per block: 1 min

There are on average 4000 coins in 1 block:
1.6 billion / 4000 = 400.000 blocks

400.000/3 = 133.333 coins first block halving

Current block: ~61850

133.333-61850=71483 blocks to go

71483*1 min = 71483 min = 1192 hours = 50 days

raton
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February 12, 2014, 12:08:35 PM
 #7104

How many days left to block halving?

Let's try a calculation (please correct me if I am wrong):

From OP:
USDE max supply: 1.6 Billion (1,600,000,000)
Block halving: block halving every 1/3rd of the coin's total supply
Time per block: 1 min

There are on average 4000 coins in 1 block:
1.6 billion / 4000 = 400.000 blocks

400.000/3 = 133.333 coins first block halving

Current block: ~61850

133.333-61850=71483 blocks to go

71483*1 min = 71483 min = 1192 hours = 50 days



That's also what I found, I confirm
SimplestMind
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February 12, 2014, 12:09:33 PM
 #7105

How many days left to block halving?

Let's try a calculation (please correct me if I am wrong):

From OP:
USDE max supply: 1.6 Billion (1,600,000,000)
Block halving: block halving every 1/3rd of the coin's total supply
Time per block: 1 min

There are on average 4000 coins in 1 block:
1.6 billion / 4000 = 400.000 blocks

400.000/3 = 133.333 coins first block halving

Current block: ~61850

133.333-61850=71483 blocks to go

71483*1 min = 71483 min = 1192 hours = 50 days


If I'm not mistaken the halving is only effective for the 1k blocks? So after 1/3rd of total supply the average will be 3500 coins per block?
USD-e (OP)
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February 12, 2014, 12:15:00 PM
 #7106

Block halving affects both, regular blocks and bonus blocks, so the average per block amount will drop to 2,000 USDe instead of the current 4,000 USDe (including bonus blocks).  Hope this helps!

How many days left to block halving?

Let's try a calculation (please correct me if I am wrong):

From OP:
USDE max supply: 1.6 Billion (1,600,000,000)
Block halving: block halving every 1/3rd of the coin's total supply
Time per block: 1 min

There are on average 4000 coins in 1 block:
1.6 billion / 4000 = 400.000 blocks

400.000/3 = 133.333 coins first block halving

Current block: ~61850

133.333-61850=71483 blocks to go

71483*1 min = 71483 min = 1192 hours = 50 days


If I'm not mistaken the halving is only effective for the 1k blocks? So after 1/3rd of total supply the average will be 3500 coins per block?

Donate to the USDe Development Fund BTC: 1N2ZrY7zft13WY1hw8zfAHc2pDzXFXFj1Y   USDe: Gg4LbCtSzw7HoFd5np2TuXD6TRty32U6ug




Do you have USDe in YOUR Wallet?
Piesel
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February 12, 2014, 12:25:54 PM
 #7107

How many days left to block halving?

Let's try a calculation (please correct me if I am wrong):

From OP:
USDE max supply: 1.6 Billion (1,600,000,000)
Block halving: block halving every 1/3rd of the coin's total supply
Time per block: 1 min

There are on average 4000 coins in 1 block:
1.6 billion / 4000 = 400.000 blocks

400.000/3 = 133.333 coins first block halving

Current block: ~61850

133.333-61850=71483 blocks to go

71483*1 min = 71483 min = 1192 hours = 50 days


So if we could achieve 1,5Ghz hashrate again it will only took us 15 days. But to do this we need price to be above 300 sat...
raton
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February 12, 2014, 12:30:14 PM
 #7108

I've been one of the silent one following this thread since day #1, haven't posted much since it was very "noisy" here. Now that things are a lot more quite, I'll try to participate a bit more to the comunity here and on reddit, I have a lot of ideas and things I wish for this coin and will post about them later. Meanwhile I would like to share my opinion about the situation USDE is facing now:

For me the coins remains a good investment but will try to explain why USDE is currently low IMHO

- Bitcoin market crashed, which is not the first time and not the laste time we are seeing that, we have to think long term here and crypto can only go up
- MaxCoin is being pumped, seeing this coin's launch we can see that amateurs are behind it (even if the marketing is good: Mex Keiser)
- Doge reward is about to halves, I think a lot of people are currently mining this coin hoping that the value will go up after halving (I am one of them, yeah well everyone's has to pay its electricity bill no ?)
- USDE had been dumped (not sure about it touhg, haven't checked the trading volumes): Between the few days on top of CoinWarz + Drazi having a free 5M wallet + weak hand, I wouldn't be surprise about a dump


All of the above are in fact good news ! BitCoin can only come back stronger, as usual; MaxCoin will go down once well pumped; Doge will be soon less attractive and weak hands/dumpers left the coin all of that show that we still have a bright future for this coin.

All we have to do is to show the world that we are still alive and when the good days come back we will all benefit from it. As a first attempt, I started to request to the persons that launched USDe thread on other language to update the main page to better reflects the change and life of the coin.
SimplestMind
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February 12, 2014, 12:48:29 PM
 #7109

Block halving affects both, regular blocks and bonus blocks, so the average per block amount will drop to 2,000 USDe instead of the current 4,000 USDe (including bonus blocks).  Hope this helps!

How many days left to block halving?

Let's try a calculation (please correct me if I am wrong):

From OP:
USDE max supply: 1.6 Billion (1,600,000,000)
Block halving: block halving every 1/3rd of the coin's total supply
Time per block: 1 min

There are on average 4000 coins in 1 block:
1.6 billion / 4000 = 400.000 blocks

400.000/3 = 133.333 coins first block halving

Current block: ~61850

133.333-61850=71483 blocks to go

71483*1 min = 71483 min = 1192 hours = 50 days


If I'm not mistaken the halving is only effective for the 1k blocks? So after 1/3rd of total supply the average will be 3500 coins per block?



Ok thanks a lot, got confused because I thought it said that the bonusblocks will stay like this until ALL USDe is mined.



Block Bonuses after Block #1000
Paid Until All USDE Coin is Generated, Every:
005 blocks - x005 pay = 5,000 USDE
010 blocks - x010 pay = 10,000 USDE
020 blocks - x020 pay = 20,000 USDE
050 blocks - x050 pay = 50,000 USDE
100 blocks - x100 pay = 100,000 USDE
 

foodies123
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February 12, 2014, 12:50:22 PM
 #7110

you guys have any idea where I could get usded or usdecoind binary or source ?

nope
UdjinM6
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February 12, 2014, 12:52:24 PM
 #7111

How many days left to block halving?

Let's try a calculation (please correct me if I am wrong):

From OP:
USDE max supply: 1.6 Billion (1,600,000,000)
Block halving: block halving every 1/3rd of the coin's total supply
Time per block: 1 min

There are on average 4000 coins in 1 block:
1.6 billion / 4000 = 400.000 blocks

400.000/3 = 133.333 coins first block halving

Current block: ~61850

133.333-61850=71483 blocks to go

71483*1 min = 71483 min = 1192 hours = 50 days


So if we could achieve 1,5Ghz hashrate again it will only took us 15 days. But to do this we need price to be above 300 sat...
no, blocktime is always 60 seconds. if you get high hashrate you get high diff and that's all.

DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6
USD-e (OP)
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February 12, 2014, 12:52:58 PM
 #7112

usded is inside the current windows wallet
new github we will be using in the near future and base all future updates off of is at http://github.com/usde-project/usde.git

you guys have any idea where I could get usded or usdecoind binary or source ?

Donate to the USDe Development Fund BTC: 1N2ZrY7zft13WY1hw8zfAHc2pDzXFXFj1Y   USDe: Gg4LbCtSzw7HoFd5np2TuXD6TRty32U6ug




Do you have USDe in YOUR Wallet?
DrMad
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February 12, 2014, 12:55:21 PM
 #7113

I've been one of the silent one following this thread since day #1, haven't posted much since it was very "noisy" here. Now that things are a lot more quite, I'll try to participate a bit more to the comunity here and on reddit, I have a lot of ideas and things I wish for this coin and will post about them later. Meanwhile I would like to share my opinion about the situation USDE is facing now:

For me the coins remains a good investment but will try to explain why USDE is currently low IMHO

- Bitcoin market crashed, which is not the first time and not the laste time we are seeing that, we have to think long term here and crypto can only go up
- MaxCoin is being pumped, seeing this coin's launch we can see that amateurs are behind it (even if the marketing is good: Mex Keiser)
- Doge reward is about to halves, I think a lot of people are currently mining this coin hoping that the value will go up after halving (I am one of them, yeah well everyone's has to pay its electricity bill no ?)
- USDE had been dumped (not sure about it touhg, haven't checked the trading volumes): Between the few days on top of CoinWarz + Drazi having a free 5M wallet + weak hand, I wouldn't be surprise about a dump


All of the above are in fact good news ! BitCoin can only come back stronger, as usual; MaxCoin will go down once well pumped; Doge will be soon less attractive and weak hands/dumpers left the coin all of that show that we still have a bright future for this coin.

All we have to do is to show the world that we are still alive and when the good days come back we will all benefit from it. As a first attempt, I started to request to the persons that launched USDe thread on other language to update the main page to better reflects the change and life of the coin.

Could not agree more, well said!

USD-e (OP)
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February 12, 2014, 12:58:46 PM
Last edit: February 12, 2014, 01:19:52 PM by USD-e
 #7114

Thanks for spotting this, OP has been updated to reflect block payout halving.

Block halving affects both, regular blocks and bonus blocks, so the average per block amount will drop to 2,000 USDe instead of the current 4,000 USDe (including bonus blocks).  Hope this helps!

How many days left to block halving?

Let's try a calculation (please correct me if I am wrong):

From OP:
USDE max supply: 1.6 Billion (1,600,000,000)
Block halving: block halving every 1/3rd of the coin's total supply
Time per block: 1 min

There are on average 4000 coins in 1 block:
1.6 billion / 4000 = 400.000 blocks

400.000/3 = 133.333 coins first block halving

Current block: ~61850

133.333-61850=71483 blocks to go

71483*1 min = 71483 min = 1192 hours = 50 days


If I'm not mistaken the halving is only effective for the 1k blocks? So after 1/3rd of total supply the average will be 3500 coins per block?



Ok thanks a lot, got confused because I thought it said that the bonusblocks will stay like this until ALL USDe is mined.



Block Bonuses after Block #1000
Paid Until All USDE Coin is Generated, Every:
005 blocks - x005 pay = 5,000 USDE
010 blocks - x010 pay = 10,000 USDE
020 blocks - x020 pay = 20,000 USDE
050 blocks - x050 pay = 50,000 USDE
100 blocks - x100 pay = 100,000 USDE
 


Donate to the USDe Development Fund BTC: 1N2ZrY7zft13WY1hw8zfAHc2pDzXFXFj1Y   USDe: Gg4LbCtSzw7HoFd5np2TuXD6TRty32U6ug




Do you have USDe in YOUR Wallet?
luckyguy2807
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February 12, 2014, 01:21:12 PM
 #7115

http://usde.bytedice.com/ and www.cryptowheel.com had removed support for USDe

jacquette
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February 12, 2014, 01:35:57 PM
 #7116

http://usde.bytedice.com/ and www.cryptowheel.com had removed support for USDe




Thats fine.. But we still thank them for supporting USDe and help bring attention about the existence of USDe. there may be more sites like those in the near future for USDe. never know..

USDe @ reddit Click Here

stompix
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February 12, 2014, 01:45:59 PM
 #7117

I've been one of the silent one following this thread since day #1, haven't posted much since it was very "noisy" here. Now that things are a lot more quite, I'll try to participate a bit more to the comunity here and on reddit, I have a lot of ideas and things I wish for this coin and will post about them later. Meanwhile I would like to share my opinion about the situation USDE is facing now:

For me the coins remains a good investment but will try to explain why USDE is currently low IMHO

- Bitcoin market crashed, which is not the first time and not the laste time we are seeing that, we have to think long term here and crypto can only go up
- MaxCoin is being pumped, seeing this coin's launch we can see that amateurs are behind it (even if the marketing is good: Mex Keiser)
- Doge reward is about to halves, I think a lot of people are currently mining this coin hoping that the value will go up after halving (I am one of them, yeah well everyone's has to pay its electricity bill no ?)
- USDE had been dumped (not sure about it touhg, haven't checked the trading volumes): Between the few days on top of CoinWarz + Drazi having a free 5M wallet + weak hand, I wouldn't be surprise about a dump


All of the above are in fact good news ! BitCoin can only come back stronger, as usual; MaxCoin will go down once well pumped; Doge will be soon less attractive and weak hands/dumpers left the coin all of that show that we still have a bright future for this coin.

All we have to do is to show the world that we are still alive and when the good days come back we will all benefit from it. As a first attempt, I started to request to the persons that launched USDe thread on other language to update the main page to better reflects the change and life of the coin.

Wow , this is one rare post in the altcoin section.
Usually people claim that bitcoin will die and will be replaced by their owncoin as number one.

.
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foodies123
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February 12, 2014, 01:56:52 PM
 #7118

I've been one of the silent one following this thread since day #1, haven't posted much since it was very "noisy" here. Now that things are a lot more quite, I'll try to participate a bit more to the comunity here and on reddit, I have a lot of ideas and things I wish for this coin and will post about them later. Meanwhile I would like to share my opinion about the situation USDE is facing now:

For me the coins remains a good investment but will try to explain why USDE is currently low IMHO

- Bitcoin market crashed, which is not the first time and not the laste time we are seeing that, we have to think long term here and crypto can only go up
- MaxCoin is being pumped, seeing this coin's launch we can see that amateurs are behind it (even if the marketing is good: Mex Keiser)
- Doge reward is about to halves, I think a lot of people are currently mining this coin hoping that the value will go up after halving (I am one of them, yeah well everyone's has to pay its electricity bill no ?)
- USDE had been dumped (not sure about it touhg, haven't checked the trading volumes): Between the few days on top of CoinWarz + Drazi having a free 5M wallet + weak hand, I wouldn't be surprise about a dump


All of the above are in fact good news ! BitCoin can only come back stronger, as usual; MaxCoin will go down once well pumped; Doge will be soon less attractive and weak hands/dumpers left the coin all of that show that we still have a bright future for this coin.

All we have to do is to show the world that we are still alive and when the good days come back we will all benefit from it. As a first attempt, I started to request to the persons that launched USDe thread on other language to update the main page to better reflects the change and life of the coin.

Wow , this is one rare post in the altcoin section.
Usually people claim that bitcoin will die and will be replaced by their owncoin as number one.

that's the difference between usde and other alts, there is no coinbashing here, only comunity discussions.

nope
raton
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February 12, 2014, 02:55:37 PM
 #7119

I've been one of the silent one following this thread since day #1, haven't posted much since it was very "noisy" here. Now that things are a lot more quite, I'll try to participate a bit more to the comunity here and on reddit, I have a lot of ideas and things I wish for this coin and will post about them later. Meanwhile I would like to share my opinion about the situation USDE is facing now:

For me the coins remains a good investment but will try to explain why USDE is currently low IMHO

- Bitcoin market crashed, which is not the first time and not the laste time we are seeing that, we have to think long term here and crypto can only go up
- MaxCoin is being pumped, seeing this coin's launch we can see that amateurs are behind it (even if the marketing is good: Mex Keiser)
- Doge reward is about to halves, I think a lot of people are currently mining this coin hoping that the value will go up after halving (I am one of them, yeah well everyone's has to pay its electricity bill no ?)
- USDE had been dumped (not sure about it touhg, haven't checked the trading volumes): Between the few days on top of CoinWarz + Drazi having a free 5M wallet + weak hand, I wouldn't be surprise about a dump


All of the above are in fact good news ! BitCoin can only come back stronger, as usual; MaxCoin will go down once well pumped; Doge will be soon less attractive and weak hands/dumpers left the coin all of that show that we still have a bright future for this coin.

All we have to do is to show the world that we are still alive and when the good days come back we will all benefit from it. As a first attempt, I started to request to the persons that launched USDe thread on other language to update the main page to better reflects the change and life of the coin.

Wow , this is one rare post in the altcoin section.
Usually people claim that bitcoin will die and will be replaced by their owncoin as number one.


Let's face it: Bitcoin is the number one cryptocurrency and will remain the number one for a while, there currently some serious long term challenger, USDe being one of them. I hope that we will take down Bitcoin but well, it'll take a lot time, a lot of work and little bit of chance  Grin



lexusivan888
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February 12, 2014, 02:56:05 PM
 #7120

How many days left to block halving?

Let's try a calculation (please correct me if I am wrong):

From OP:
USDE max supply: 1.6 Billion (1,600,000,000)
Block halving: block halving every 1/3rd of the coin's total supply
Time per block: 1 min

There are on average 4000 coins in 1 block:
1.6 billion / 4000 = 400.000 blocks

400.000/3 = 133.333 coins first block halving

Current block: ~61850

133.333-61850=71483 blocks to go

71483*1 min = 71483 min = 1192 hours = 50 days


good maths, well done, honey.
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