Piesel
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February 12, 2014, 11:28:57 AM |
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How many days left to block halving?
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foodies123
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February 12, 2014, 11:59:23 AM |
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How many days left to block halving?
good question.
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nope
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DrMad
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February 12, 2014, 12:06:11 PM |
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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
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raton
Newbie
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Activity: 19
Merit: 0
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February 12, 2014, 12:08:35 PM |
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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
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SimplestMind
Newbie
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Activity: 28
Merit: 0
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February 12, 2014, 12:09:33 PM |
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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?
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USD-e (OP)
Full Member
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Activity: 196
Merit: 100
Cryptonankee - your trusted USDe servant
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February 12, 2014, 12:15:00 PM |
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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?
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Piesel
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February 12, 2014, 12:25:54 PM |
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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...
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raton
Newbie
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Activity: 19
Merit: 0
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February 12, 2014, 12:30:14 PM |
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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.
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SimplestMind
Newbie
Offline
Activity: 28
Merit: 0
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February 12, 2014, 12:48:29 PM |
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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
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foodies123
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February 12, 2014, 12:50:22 PM |
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you guys have any idea where I could get usded or usdecoind binary or source ?
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nope
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UdjinM6
Legendary
Offline
Activity: 1318
Merit: 1040
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February 12, 2014, 12:52:24 PM |
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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.
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DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6
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USD-e (OP)
Full Member
Offline
Activity: 196
Merit: 100
Cryptonankee - your trusted USDe servant
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February 12, 2014, 12:52:58 PM |
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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.gityou guys have any idea where I could get usded or usdecoind binary or source ?
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DrMad
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February 12, 2014, 12:55:21 PM |
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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!
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USD-e (OP)
Full Member
Offline
Activity: 196
Merit: 100
Cryptonankee - your trusted USDe servant
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February 12, 2014, 12:58:46 PM Last edit: February 12, 2014, 01:19:52 PM by USD-e |
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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
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luckyguy2807
Full Member
Offline
Activity: 266
Merit: 100
Crypto Enthusiast
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February 12, 2014, 01:21:12 PM |
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jacquette
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February 12, 2014, 01:35:57 PM |
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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..
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stompix
Legendary
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Activity: 3038
Merit: 6604
Leading Crypto Sports Betting & Casino Platform
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February 12, 2014, 01:45:59 PM |
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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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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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foodies123
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February 12, 2014, 01:56:52 PM |
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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.
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nope
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raton
Newbie
Offline
Activity: 19
Merit: 0
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February 12, 2014, 02:55:37 PM |
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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
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lexusivan888
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February 12, 2014, 02:56:05 PM |
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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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