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Author Topic: [ANN][LEAF] LEAFCOIN - Android wallet launched  (Read 352573 times)
userpacman
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January 25, 2014, 08:42:06 PM
 #581

Estimated next difficulty 9.84! To DA MOON !

Oh nice!  Cheesy


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"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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January 25, 2014, 08:50:39 PM
 #582

What's the lifespan of this coin?

If its 1 block a minute, average 500k per block, that's 30m an hour, or 720m per day.  If total coins is 21 billion,  That's around 29 days of coins ?!?

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January 25, 2014, 08:52:07 PM
 #583

What's the lifespan of this coin?

If its 1 block a minute, average 500k per block, that's 30m an hour, or 720m per day.  If total coins is 21 billion,  That's around 29 days of coins ?!?

You forget that the difficulty keeps increasing??? Also, that the blocks will get smaller and smaller?


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January 25, 2014, 08:55:20 PM
 #584

What's the lifespan of this coin?

If its 1 block a minute, average 500k per block, that's 30m an hour, or 720m per day.  If total coins is 21 billion,  That's around 29 days of coins ?!?

You forget that the difficulty keeps increasing??? Also, that the blocks will get smaller and smaller?



Was literally about to say that.
userpacman
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January 25, 2014, 08:59:49 PM
 #585

What's the lifespan of this coin?

If its 1 block a minute, average 500k per block, that's 30m an hour, or 720m per day.  If total coins is 21 billion,  That's around 29 days of coins ?!?

You forget that the difficulty keeps increasing??? Also, that the blocks will get smaller and smaller?



Was literally about to say that.

Reward halving interval: 60k block if you wonder.

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January 25, 2014, 09:01:34 PM
 #586

Difficulty   7.84024682
Est Next Difficulty    8.59610757 (Change in 99 Blocks)
Est. Avg. Time per Block   0 minutes 54 seconds
Current Block   3502
 
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January 25, 2014, 09:02:57 PM
 #587

If anybody wants to sell LEAF, PM me the offers.

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January 25, 2014, 09:08:20 PM
 #588

as long as people ask for 0.01 per million trading here is stupid(even 5 satoshi/1M is stupid yes) , i'm holding for an exchange
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January 25, 2014, 09:16:58 PM
 #589

What's the lifespan of this coin?

If its 1 block a minute, average 500k per block, that's 30m an hour, or 720m per day.  If total coins is 21 billion,  That's around 29 days of coins ?!?

You forget that the difficulty keeps increasing??? Also, that the blocks will get smaller and smaller?



Was literally about to say that.

Reward halving interval: 60k block if you wonder.

Reward halving after 60k blocks and then there is already 30,000,000,000 coins and max is 21,000,000,000. I see problem here.
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January 25, 2014, 09:18:07 PM
 #590

What's the lifespan of this coin?

If its 1 block a minute, average 500k per block, that's 30m an hour, or 720m per day.  If total coins is 21 billion,  That's around 29 days of coins ?!?

You forget that the difficulty keeps increasing??? Also, that the blocks will get smaller and smaller?



Was literally about to say that.

Reward halving interval: 60k block if you wonder.

Reward halving after 60k blocks and then there is already 30,000,000,000 coins and max is 21,000,000,000. I see problem here.

Dev is looking into it now
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January 25, 2014, 09:18:53 PM
 #591

as long as people ask for 0.01 per million trading here is stupid(even 5 satoshi/1M is stupid yes) , i'm holding for an exchange

This coin has a good potential. Fair lunch and network keep growing.

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mcg (OP)
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January 25, 2014, 09:23:21 PM
 #592

Hi People,

I did fuck up, a little... i redid the math: its indeed a 61 billion coin.

so what you want me to do now.

we got 2 options here that are easiest.

1) implement a 21 billion coin that will make the block halve much faster ( +/- @ block 20k )...
meaning that early adopters will be favored more and its value might increase faster.
but means everyone has to update before the 20k block.

2) make it a 65 billion coin. might mean that more ppl are going to adopt it. and get on the train with us.
this is the easiest fix. just up MAX_MONEY to 65 billion.

Both fixes are easy. I do not want to change anything to the reward system to prevent issues.

Let me know your thoughts.

Cheers
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January 25, 2014, 09:26:01 PM
 #593

wtb leaf 200 doges per million pm me
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January 25, 2014, 09:26:27 PM
 #594

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January 25, 2014, 09:26:34 PM
 #595

What does the update mean ? first scenario...

I say we should go for the first one. Anyone browsing this forum had the chance to get on board.

Cheers.
mcg (OP)
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January 25, 2014, 09:27:20 PM
 #596

What's the lifespan of this coin?

If its 1 block a minute, average 500k per block, that's 30m an hour, or 720m per day.  If total coins is 21 billion,  That's around 29 days of coins ?!?

send address... thanks for pointing this out.

should have done the math more thoroughly.
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January 25, 2014, 09:27:37 PM
 #597

Hi People,

I did fuck up, a little... i redid the math: its indeed a 61 billion coin.

so what you want me to do now.

we got 2 options here that are easiest.

1) implement a 21 billion coin that will make the block halve much faster ( +/- @ block 20k )...
meaning that early adopters will be favored more and its value might increase faster.
but means everyone has to update before the 20k block.

2) make it a 65 billion coin. might mean that more ppl are going to adopt it. and get on the train with us.
this is the easiest fix. just up MAX_MONEY to 65 billion.

Both fixes are easy. I do not want to change anything to the reward system to prevent issues.

Let me know your thoughts.

Cheers


Number 1  ( I think 21 billion are absolutely enough ) and update as soon as possible. I saw Catcoin problems.. I learnt if there is a problem it has to be fixed fast  Cheesy

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January 25, 2014, 09:28:15 PM
 #598

Option Nr.1
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January 25, 2014, 09:28:43 PM
 #599

SCAMMERS APPEARED BEWARE!!!

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mmilch
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January 25, 2014, 09:29:14 PM
 #600

In my opinion it's better to do not favore early miners too much. Will be more people on the board and price will get higher anyway.

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