☆☆ [ANN] Saturncoin [SAT] - One of the most fast and secure coins there is! ☆☆

[niktitan132]

I'm watching this with big interest!  

[Orfu]

Not really attractive 

[niktitan132]

Not really attractive 

I would not say,so! 

[heskey]

Why not Pluto? "That'd be a hundred plutos" sounds better than "that'd be a hundred saturns".
Nevermind

[negamus]

Why not Pluto? "That'd be a hundred plutos" sounds better than "that'd be a hundred saturns".
Nevermind

Don't worry, that'll prob be next in the rotation.

[BitcoinStacker]

Do not pre mine this coin !!!!!!!!

[podyx]

geez...

u made this coin becuz u saw mooncoin go from 30k-6kk??

whats after this one? plutocoin and GRQcoin?(get rich quick)

[hedgehog]

Very interesting. Parameters are so close to leaf-coin and we can expect rocket increasing of net hashrate and popularity of this coin. Of course if developers won't premine this coin. As for me, I'll start mining it. 

[atleticofa]

To da Saturn!

[niktitan132]

To da Saturn!

I like this.   
 
To da Saturn!

[sakkosekk]

Very interesting. Parameters are so close to leaf-coin and we can expect rocket increasing of net hashrate and popularity of this coin. Of course if developers won't premine this coin. As for me, I'll start mining it. 

Yes, that's what I am thinking.

[Nthused]

Don't Premine, and even if you are tempted to just do it at a VERY TINY FRACTION like for e.g 0.001% Pre-mine, which would be 500k of coins which seems fair, if normal miners get 1-1,250 coins per block.

[Vitadream]

WAT?

[Oldminer]

I'm still waiting for Uranus coin

[johnngbluntzky]

my two cents.. if you stand behind the coin and allow proper community input, i think a very small premine like .0005% or something would bode well. people tend to host their own giveaways when they trust the dev and have mined a lot for themselves.

[CaptianFluffyMann]

Does the math add up?
My calculations shows the payout maxes out around 37 Billion coins.  Where's the other 13 Billion of 50 Billion coins?

Payout halves every 30,000 blocks
Average payout for first 30,000 blocks: 625,000.5 coins/block (e.g. between 1 and 1,250,000 coins / block)
Payout for first set of 30,000 blocks: 18,750,015,000 coins

Block Set 2: 9,375,007,500. Total Blocks: 28,125,022,500
Block Set 3: 4,687,503,750. Total Blocks: 32,812,526,250
Block Set 4: 2,343,751,875. Total Blocks: 35,156,278,125
Block Set 5: 1,171,875,938. Total Blocks: 36,328,154,063
Block Set 6: 585,937,969. Total Blocks: 36,914,092,031
Block Set 7: 292,968,984. Total Blocks: 37,207,061,016
Block Set 8: 146,484,492. Total Blocks: 37,353,545,508
Block Set 9: 73,242,246. Total Blocks: 37,426,787,754
Block Set 10: 36,621,123. Total Blocks: 37,463,408,877
Block Set 11: 18,310,562. Total Blocks: 37,481,719,438
Block Set 12: 9,155,281. Total Blocks: 37,490,874,719
Block Set 13: 4,577,640. Total Blocks: 37,495,452,360 (Year 1)
Block Set 14: 2,288,820. Total Blocks: 37,497,741,180
Block Set 15: 1,144,410. Total Blocks: 37,498,885,590
Block Set 16: 572,205. Total Blocks: 37,499,457,795
Block Set 17: 286,103. Total Blocks: 37,499,743,897
Block Set 18: 143,051. Total Blocks: 37,499,886,949
Block Set 19: 71,526. Total Blocks: 37,499,958,474
Block Set 20: 35,763. Total Blocks: 37,499,994,237
Block Set 21: 17,881. Total Blocks: 37,500,012,119
Block Set 22: 8,941. Total Blocks: 37,500,021,059
Block Set 23: 4,470. Total Blocks: 37,500,025,530
Block Set 24: 2,235. Total Blocks: 37,500,027,765
Block Set 25: 1,118. Total Blocks: 37,500,028,882
Block Set 26: 559. Total Blocks: 37,500,029,441 (Year 2)
Block Set 27: 279. Total Blocks: 37,500,029,721
Block Set 28: 140. Total Blocks: 37,500,029,860
Block Set 29: 70. Total Blocks: 37,500,029,930
Block Set 30: 35. Total Blocks: 37,500,029,965
... it quickly drops down to 0 coins / 30k blocks.

Maxes out around 37 Billion coins.  Where's the other 13 Billion / 50 Billion?

[saturncoin]

Does the math add up?
My calculations shows the payout maxes out around 37 Billion coins.  Where's the other 13 Billion of 50 Billion coins?

Payout halves every 30,000 blocks
Average payout for first 30,000 blocks: 625,000.5 coins/block (e.g. between 1 and 1,250,000 coins / block)
Payout for first set of 30,000 blocks: 18,750,015,000 coins

Block Set 2: 9,375,007,500. Total Blocks: 28,125,022,500
Block Set 3: 4,687,503,750. Total Blocks: 32,812,526,250
Block Set 4: 2,343,751,875. Total Blocks: 35,156,278,125
Block Set 5: 1,171,875,938. Total Blocks: 36,328,154,063
Block Set 6: 585,937,969. Total Blocks: 36,914,092,031
Block Set 7: 292,968,984. Total Blocks: 37,207,061,016
Block Set 8: 146,484,492. Total Blocks: 37,353,545,508
Block Set 9: 73,242,246. Total Blocks: 37,426,787,754
Block Set 10: 36,621,123. Total Blocks: 37,463,408,877
Block Set 11: 18,310,562. Total Blocks: 37,481,719,438
Block Set 12: 9,155,281. Total Blocks: 37,490,874,719
Block Set 13: 4,577,640. Total Blocks: 37,495,452,360 (Year 1)
Block Set 14: 2,288,820. Total Blocks: 37,497,741,180
Block Set 15: 1,144,410. Total Blocks: 37,498,885,590
Block Set 16: 572,205. Total Blocks: 37,499,457,795
Block Set 17: 286,103. Total Blocks: 37,499,743,897
Block Set 18: 143,051. Total Blocks: 37,499,886,949
Block Set 19: 71,526. Total Blocks: 37,499,958,474
Block Set 20: 35,763. Total Blocks: 37,499,994,237
Block Set 21: 17,881. Total Blocks: 37,500,012,119
Block Set 22: 8,941. Total Blocks: 37,500,021,059
Block Set 23: 4,470. Total Blocks: 37,500,025,530
Block Set 24: 2,235. Total Blocks: 37,500,027,765
Block Set 25: 1,118. Total Blocks: 37,500,028,882
Block Set 26: 559. Total Blocks: 37,500,029,441 (Year 2)
Block Set 27: 279. Total Blocks: 37,500,029,721
Block Set 28: 140. Total Blocks: 37,500,029,860
Block Set 29: 70. Total Blocks: 37,500,029,930
Block Set 30: 35. Total Blocks: 37,500,029,965
... it quickly drops down to 0 coins / 30k blocks.

Maxes out around 37 Billion coins.  Where's the other 13 Billion / 50 Billion?

You cant calculate it like this.
Since block dosent have fixed value and dont forget the 1% (anytime) of double reward from block.

[CaptianFluffyMann]

Does the math add up?
My calculations shows the payout maxes out around 37 Billion coins.  Where's the other 13 Billion of 50 Billion coins?

Payout halves every 30,000 blocks
Average payout for first 30,000 blocks: 625,000.5 coins/block (e.g. between 1 and 1,250,000 coins / block)
Payout for first set of 30,000 blocks: 18,750,015,000 coins

Block Set 2: 9,375,007,500. Total Blocks: 28,125,022,500
Block Set 3: 4,687,503,750. Total Blocks: 32,812,526,250
Block Set 4: 2,343,751,875. Total Blocks: 35,156,278,125
Block Set 5: 1,171,875,938. Total Blocks: 36,328,154,063
Block Set 6: 585,937,969. Total Blocks: 36,914,092,031
Block Set 7: 292,968,984. Total Blocks: 37,207,061,016
Block Set 8: 146,484,492. Total Blocks: 37,353,545,508
Block Set 9: 73,242,246. Total Blocks: 37,426,787,754
Block Set 10: 36,621,123. Total Blocks: 37,463,408,877
Block Set 11: 18,310,562. Total Blocks: 37,481,719,438
Block Set 12: 9,155,281. Total Blocks: 37,490,874,719
Block Set 13: 4,577,640. Total Blocks: 37,495,452,360 (Year 1)
Block Set 14: 2,288,820. Total Blocks: 37,497,741,180
Block Set 15: 1,144,410. Total Blocks: 37,498,885,590
Block Set 16: 572,205. Total Blocks: 37,499,457,795
Block Set 17: 286,103. Total Blocks: 37,499,743,897
Block Set 18: 143,051. Total Blocks: 37,499,886,949
Block Set 19: 71,526. Total Blocks: 37,499,958,474
Block Set 20: 35,763. Total Blocks: 37,499,994,237
Block Set 21: 17,881. Total Blocks: 37,500,012,119
Block Set 22: 8,941. Total Blocks: 37,500,021,059
Block Set 23: 4,470. Total Blocks: 37,500,025,530
Block Set 24: 2,235. Total Blocks: 37,500,027,765
Block Set 25: 1,118. Total Blocks: 37,500,028,882
Block Set 26: 559. Total Blocks: 37,500,029,441 (Year 2)
Block Set 27: 279. Total Blocks: 37,500,029,721
Block Set 28: 140. Total Blocks: 37,500,029,860
Block Set 29: 70. Total Blocks: 37,500,029,930
Block Set 30: 35. Total Blocks: 37,500,029,965
... it quickly drops down to 0 coins / 30k blocks.

Maxes out around 37 Billion coins.  Where's the other 13 Billion / 50 Billion?

You cant calculate it like this.
Since block dosent have fixed value and dont forget the 1% (anytime) of double reward from block.

The law of averages says you can calculate it like that.  Unless you're not using the random payout calculator that's implied with the original post.
If you insist on that the 1% 2x payout is going to make up for those 13 billion coins... you're wrong.

The 1% double payout is equally as likely to payout 2 coins for a 1 count block as it is to payout 2,500,000 coins for a 1,250,000 block.
Therefore, the average 2x payout (between 2 - 2,500,000) is 1,250,000 coins.  The likelihood of a 2x payout is 1%.  Ergo the expected value of 2x payouts: 12,500 coins.
So taking the 1% doubling into account: The average block value for the first set of blocks will be near 637,500.51 (e.g. 625,000.5 * 1% * 2 + 625,000.5 => 12,500.01 + 625,000.5 = 637,500.51).

Don't believe statistics?
Try the math yourself in excel:  =RANDBETWEEN(1,1250000)*IF(RANDBETWEEN(1,100)=1,2,1)
Copy that equation down 30k cells and take the average of those cells.  Run it as many times as you'd like and look at the average.  Look at the sum while you're at it.
The very highest payout average I found after dozens of times running it was an average of 638,076.75 coins/ block payout, or a total payout for 30k blocks of 19,142,302,351.
Most of the payouts from my simulation were less than 638k.. around 630k, 362k.

Using an average of 637,500.51 coins/blocks for the first set of blocks still leaves you short: the max coin payout maxes out around 38,250,030,600 coins / 50 billion.  
Leaving about 11 billion coins unanswered.

[hero18688]

Is the pool avaiable?
Or just give a solo conf!

[sgtstedanko]

I'm still waiting for Uranus coin

Isn't that the Goatsecoin ?