blueangel01
Sr. Member
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Activity: 406
Merit: 250
Hello! Send me a message.
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March 19, 2014, 05:28:43 PM |
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"Block Reward: Calculated based on difficulty"
Finally, a block reward that i have been looking for. Even though the algo is not yet perfect, this could be a bridge to a better coin.
I've been thinking about this. Is it scaling linearly? It would be a pretty interesting idea (your 1MH/s gives you a more or less constant amount of coins regardless of net hashrate), but the consequence would be a lack of incentive for early miners, which can leave the coin out in the field. Well there is an incentive to early miners but not so obvious because as the number of block grows there is less reward, assuming that the difficulty remains constant.
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Msg me if you want me to put anything here.
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syncoin (OP)
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Activity: 112
Merit: 10
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March 20, 2014, 12:39:46 AM |
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"Block Reward: Calculated based on difficulty"
Finally, a block reward that i have been looking for. Even though the algo is not yet perfect, this could be a bridge to a better coin.
I've been thinking about this. Is it scaling linearly? It would be a pretty interesting idea (your 1MH/s gives you a more or less constant amount of coins regardless of net hashrate), but the consequence would be a lack of incentive for early miners, which can leave the coin out in the field. Well there is an incentive to early miners but not so obvious because as the number of block grows there is less reward, assuming that the difficulty remains constant. Hardly a change -- it's a very small component of the equation. Law of diminishing returns. 1/2 units change > 1/3 units change > 1/4 units change Basically only dividing by an increasing block height; the difference it makes gets smaller by more and more each time.
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Donate to The SynCoin Foundation Today: SynCoin Address: SYnFundYHArvaRGMowXE2v5fQQ4SVdvh5t
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syncoin (OP)
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Activity: 112
Merit: 10
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March 20, 2014, 07:08:37 PM |
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UPDATE: Reddit banned SyntheticDoge. New account is SynCoin.
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Donate to The SynCoin Foundation Today: SynCoin Address: SYnFundYHArvaRGMowXE2v5fQQ4SVdvh5t
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EarnCryptoCoins
Newbie
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Activity: 14
Merit: 0
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March 22, 2014, 09:01:47 AM |
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EarnCryptoCoins 191 SYN already claimed! 4600+ members/200+ claiming SYN every hour! 1800+ claims/180+ transactions done! Join now and get your free SynCoins! SynCoin FaucetPays from 0.025 to 0.095 SYN per hour. 10% referral earnings. Payouts are done automatically every day. DONATIONS SanxV4ixtEvNJULu9e63MFFoUBcSum2f3C (After donating PM us with TXID, short title(40 chars maximum) and a link so we can publish them in the donations sections on coin page)
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cyrilbf
Member
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Activity: 63
Merit: 10
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March 31, 2014, 12:21:11 AM |
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...
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Painful Truth
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March 31, 2014, 02:50:57 PM |
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I know there are still a few people mining it(myself inc). The conversation about this coin has moved on to http://www.reddit.com/r/SynCoin/. This coins problem currently is the lack of exposure imo. Massive marketing can help. Competition is fierce in the altcoin market.
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gg234
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March 31, 2014, 03:22:51 PM |
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I don't see any one is mining at the moment all pools seems to be having zero miner.Can some one point me if particular pool is working with miners
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syncoin (OP)
Member
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Activity: 112
Merit: 10
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April 09, 2014, 08:26:09 PM |
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I don't see any one is mining at the moment all pools seems to be having zero miner.Can some one point me if particular pool is working with miners
The official pool is up and running
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Donate to The SynCoin Foundation Today: SynCoin Address: SYnFundYHArvaRGMowXE2v5fQQ4SVdvh5t
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COMKORT
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April 11, 2014, 05:58:44 PM |
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Join COMKORT and trade SYN at an exchange with the most convenient interface and super-responsive tech support
71 coins X 3 markets
low fees
lots of great features
safe and secure
Try once, and you will not want to switch!
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yhgfhy8
Member
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Activity: 70
Merit: 10
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April 15, 2014, 01:46:34 AM |
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Update: I'll be mining to reimburse anyone who isn't paid by the official pool within 24 hours. If you haven't been paid, simply PM me a screenshot of how many shares you mined, and I'll calculate how much to send you.
Thank you. Also, please don't forget to vote in the poll.
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Zer0Evasi0n
Newbie
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Activity: 5
Merit: 0
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April 23, 2014, 01:41:56 AM |
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Is this coin dead?
I can assure you that this coin is still alive and well. It is growing and moving along well. If you require a pool to mine on, the official SynCoin P2Pool is always available. --Zer0Evasi0n
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IceColdTommy
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April 23, 2014, 01:58:21 AM |
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Is this coin dead?
I can assure you that this coin is still alive and well. It is growing and moving along well. If you require a pool to mine on, the official SynCoin P2Pool is always available. --Zer0Evasi0n I can easily solo mine it, so i assume little to no miners, and price is going down as i see, but maybe i am wrong.
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Dimelord
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April 23, 2014, 02:50:29 PM |
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Nothing to see here folks. Just a dead coin,
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nepia
Newbie
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Activity: 15
Merit: 0
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April 29, 2014, 11:42:06 AM |
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I still see many connection on my wallet. It's just going at it's own pace. No pump and dump which is good.
I suppose people are just waiting to see how well it will do when transition occurs.
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tjc
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May 07, 2014, 02:09:25 AM |
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Whenever I need a confidence booster I solo min Syncoin for a few minutes
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TenSeng Guis
Newbie
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Activity: 14
Merit: 0
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May 07, 2014, 02:27:42 AM |
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I still see many connection on my wallet. It's just going at it's own pace. No pump and dump which is good.
I suppose people are just waiting to see how well it will do when transition occurs.
No pump no dump. We do not need any pump an dump. Coins with quick pump and dump die quickly.
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Michelle Fernandez5a
Newbie
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Activity: 21
Merit: 0
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May 14, 2014, 06:54:18 AM |
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SYN will be successful,it‘s team is better than other,We support
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niothor
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May 15, 2014, 12:33:27 PM |
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I still see many connection on my wallet. It's just going at it's own pace. No pump and dump which is good.
I suppose people are just waiting to see how well it will do when transition occurs.
No pump no dump. We do not need any pump an dump. Coins with quick pump and dump die quickly. Juts like this one has died . Lack of interest on it
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mindragon
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May 20, 2014, 02:48:31 AM |
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Wow. I randomly check this thread and I see that the coin is still on life support. Amazing!
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