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Author Topic: [ANN] DopeCoin - DopeCoin is now on Blockfolio Signal  (Read 635373 times)
dopecoindude
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February 17, 2017, 05:56:30 PM
 #7441

I wanted to personally send a big thank you to the team.

Lateminer -  You did a wonderful job on the swap and I appreciate your attention to detail and professionalism.
DopeCoindude -  You kept the project alive over the years and we would not be here without you.
Limx Dev - You played a huge role behind the scenes and DopeCoin Gold would not exist without your help.

And last but not least, the community... Without you we are nothing.

Thank you, everyone, for your commitment and support.

Dopey

Thanks Dopey!

Dopecoin(Gold) has always had a special place in my heart. I can't see myself in a world without DopeCoin. I wanted to thank you for your steadfast leadership on execution of the swap. Anotherlateminer, thanks for being there with me over the last few years.  Late night talks, and discussion of the future of Dopecoin I will always remember. Thanks for your friendship.  Limx Dev!  THANKS FOR ALL THE HELP! Smiley

Finally, the community is why we are all here. We look forward to growing with you all and making this coin the #1 positioned coin in the MJ industry.

It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
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anotherlateminer
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February 17, 2017, 06:00:07 PM
 #7442

Thanks to everyone for your kind words.

Coin swap report will be published in a couple of minutes.
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February 17, 2017, 06:19:34 PM
Last edit: February 17, 2017, 06:45:14 PM by anotherlateminer
 #7443


COIN SWAP REPORT

Like we have promised - here is a detailed report about the swap process.

145,000,000 DOPE were included in the first block: https://www.blockexperts.com/dope/height/1

Code:
if(nHeight == 1) {
    nSubsidy = 145000000 * COIN;
}

1) 4,250,000 DOPE were used as bounties for the development of DopeCoinGold, distributed in such way:

  • dopecoindude: 1,000,000 DOPE
  • anotherlateminer: 1,000,000 DOPE
  • Limx Dev: 750,000 DOPE
  • Mike (design): 500,000 DOPE
  • Daniel (coding): 500,000 DOPE
  • Jesse (social media): 500,000 DOPE

TXIDs:

2) There is also a development fund of 2,000,000 DOPE, bounties will be announced later.

TXID: https://www.blockexperts.com/dope/tx/752760d31f0ab22fc6569ca94b9724318b4ddee3b141ef2250e431c74e591571

It has been staking for some days, all these "extra" coins (159,810.0016 DOPE) were sent to the main wallet: https://www.blockexperts.com/dope/tx/6a77771b6ffeb933926906df65f762660c961d60d5cb71d61840625b51b94c15

They were destroyed yesterday during the burn process.

Current addresses of bounty fund:


3) 67,243,051.112428 DOPE were sent by Bittrex so they replaced "old" coins with "new" ones.

TXID: https://www.blockexperts.com/dope/tx/aea22d7076c9bc82a6c48bcc5f0bc40ade0a452acbf53559c9b310623b4c6c63

4) 34,097,838.052747 DOPE were swapped manually according to people's swap requests.

5) 30 DOPE were accidentally minted by the main premine wallet Smiley

So we finally got:

145,000,000 - 4,250,000 - 2,000,000 - 67,243,051.112428 - 34,097,838.052747 + 159,810.0016 + 30 = 37,568,950.836425 DOPE (37,568,950.834025 DOPE in the burn transaction, this insignificant difference arose due to network fees)

These coins were burned yesterday, so we can state that current coin supply decreased from ~146,000,000 DOPE to ~108,500,000 DOPE.

Burn transaction: https://www.blockexperts.com/dope/tx/939a6372da633210173d43c5cfe8f1f7aaf7c77f5a29916a37f4dc9466d15d37
Burn report: https://bitcointalk.org/index.php?topic=467641.msg17876457#msg17876457

I think everything went fine this time and I really hope that community is satisfied. Sorry for those who missed!
CryptoJohn
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February 17, 2017, 06:54:10 PM
 #7444

108 M makes for a pretty low coin count  Cool
4thKind
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February 17, 2017, 07:50:58 PM
 #7445

Certainly now the projected interest rate is greater than the expected 5% and if people are not staking their holdings , even more as has already been shown.

Should POS rewards be adjusted to combat inflation...."that old chestnut".......
It is greater by design. Dopecoin POS3 has a static reward of 30 DOPE per block, which leads to ~5% total annual inflation, but these coins are being distributed only between actively staking nodes. As not all the issued coins participate in minting process, so the reward for each node can be much more than 5% of its balance.

A good explanation may be found in a Blackcoin discussion about POS3: https://www.reddit.com/r/blackcoin/comments/3qoerc/pos_30_whitepaper/

Quote
Pos 3.0 brings incitement for people to operate online nodes and be active in the staking process.

before 3.0: The best strategy was then to keep your node offline and then only bring it online rarely to get a huge stake payout. People with not many coins got a small stakes while people with lots of coins got large stakes.

after 3.0: You need to run an always online node if you want to get your 1% interest. People with not so many coins will get a much higher stake reward relative to people who have a lot of coins. If you have a lot of coins and stake all the time you will be granted your 1% interest. If you have a lot of coins and do not stake you will be granted 0% interest. If you have not that many coins and stake all the time you will be granted more than 1% especially in situations when not all issued coins participate in the stake process.

You can see the effect of Pos 3.0 in the transaction fee chart after the 6'th of october 2015, transaction fees are evenly distributed to all staked blocks. https://bitinfocharts.com/comparison/transactionfees-blk.html

With Pos 3.0 you will be granted 1.5BLK for each staked block, the chance to stake increase if you have more coins. If you sum up the stake reward for a year you will find that the total stake reward for a year is 1% of the total amount of BLK in existance.

Quote
xranby is correct. More than 1%, because 1% reflects the overall expansion of the # of coins in circulation. But not everyone stakes, or does not do so full-time, therefore the stake-minted coins are shared among only a subset of the network: those who participate. Previously you could bank coinage while not staking, and then collect on it during brief periods of staking. That opportunity has been eliminated.

A decreasing reward rate may be considered, it is all open to discussion.



Thanks for helping me straighten out my wallet mess buddy!  I have some questions about POS and POS3.  I understand that the POS3 staking reward is constant and that it encourages more wallets to be open all the time and staking.   Very cool.   I'm still fuzzy on exactly how coins are staked and the blocks of coins that are used for staking.   It was my understanding that in regular POS each time a block of coins is staked it's divided and that led to problems where wallets became badly fragmented right?  Is it the same in POS3?  Is there a need from time to time to send all your coins to a new address to make them one whole block again?   Also, how is the number of coins that go out on a found block calculated?   It seems random from what I've witnessed.  Also, is it more efficient to divvy a large sum of coins over multiple wallet addresses to increase the chances of finding a block (this doesn't seem to be the case from what I've observed anecdotally).   
4thKind
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February 17, 2017, 07:58:26 PM
 #7446

I wanted to personally send a big thank you to the team.

Lateminer -  You did a wonderful job on the swap and I appreciate your attention to detail and professionalism.
DopeCoindude -  You kept the project alive over the years and we would not be here without you.
Limx Dev - You played a huge role behind the scenes and DopeCoin Gold would not exist without your help.

And last but not least, the community... Without you we are nothing.

Thank you, everyone, for your commitment and support.

Dopey

You guys did a great job.  Congrats on a smooth transition and the very important trust building transparency! A+
dopey (OP)
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February 17, 2017, 08:42:46 PM
Last edit: February 17, 2017, 09:15:28 PM by dopey
 #7447

I wanted to personally send a big thank you to the team.

Lateminer -  You did a wonderful job on the swap and I appreciate your attention to detail and professionalism.
DopeCoindude -  You kept the project alive over the years and we would not be here without you.
Limx Dev - You played a huge role behind the scenes and DopeCoin Gold would not exist without your help.

And last but not least, the community... Without you we are nothing.

Thank you, everyone, for your commitment and support.

Dopey

You guys did a great job.  Congrats on a smooth transition and the very important trust building transparency! A+

Thanks man, it was really important for us to bring integrity and development back to this project. We are on the right track:)
serje
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February 17, 2017, 10:49:17 PM
 #7448

Certainly now the projected interest rate is greater than the expected 5% and if people are not staking their holdings , even more as has already been shown.

Should POS rewards be adjusted to combat inflation...."that old chestnut".......
It is greater by design. Dopecoin POS3 has a static reward of 30 DOPE per block, which leads to ~5% total annual inflation, but these coins are being distributed only between actively staking nodes. As not all the issued coins participate in minting process, so the reward for each node can be much more than 5% of its balance.

A good explanation may be found in a Blackcoin discussion about POS3: https://www.reddit.com/r/blackcoin/comments/3qoerc/pos_30_whitepaper/

Quote
Pos 3.0 brings incitement for people to operate online nodes and be active in the staking process.

before 3.0: The best strategy was then to keep your node offline and then only bring it online rarely to get a huge stake payout. People with not many coins got a small stakes while people with lots of coins got large stakes.

after 3.0: You need to run an always online node if you want to get your 1% interest. People with not so many coins will get a much higher stake reward relative to people who have a lot of coins. If you have a lot of coins and stake all the time you will be granted your 1% interest. If you have a lot of coins and do not stake you will be granted 0% interest. If you have not that many coins and stake all the time you will be granted more than 1% especially in situations when not all issued coins participate in the stake process.

You can see the effect of Pos 3.0 in the transaction fee chart after the 6'th of october 2015, transaction fees are evenly distributed to all staked blocks. https://bitinfocharts.com/comparison/transactionfees-blk.html

With Pos 3.0 you will be granted 1.5BLK for each staked block, the chance to stake increase if you have more coins. If you sum up the stake reward for a year you will find that the total stake reward for a year is 1% of the total amount of BLK in existance.

Quote
xranby is correct. More than 1%, because 1% reflects the overall expansion of the # of coins in circulation. But not everyone stakes, or does not do so full-time, therefore the stake-minted coins are shared among only a subset of the network: those who participate. Previously you could bank coinage while not staking, and then collect on it during brief periods of staking. That opportunity has been eliminated.

A decreasing reward rate may be considered, it is all open to discussion.



Thanks for helping me straighten out my wallet mess buddy!  I have some questions about POS and POS3.  I understand that the POS3 staking reward is constant and that it encourages more wallets to be open all the time and staking.   Very cool.   I'm still fuzzy on exactly how coins are staked and the blocks of coins that are used for staking.   It was my understanding that in regular POS each time a block of coins is staked it's divided and that led to problems where wallets became badly fragmented right?  Is it the same in POS3?  Is there a need from time to time to send all your coins to a new address to make them one whole block again?   Also, how is the number of coins that go out on a found block calculated?   It seems random from what I've witnessed.  Also, is it more efficient to divvy a large sum of coins over multiple wallet addresses to increase the chances of finding a block (this doesn't seem to be the case from what I've observed anecdotally).   

Judging by experience I would say that POS3 doesn't need you to send all the coins to a new address.
I minted 30 DOPE and when I go to send and I select inputs I only see one row with total number of coins, not like before when there were as many rows as much I have minted.

Space for rent if its still trending
Amelie2015
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February 18, 2017, 05:58:20 PM
 #7449

HIguys,

So MAC Wallet seems to be mining/minting well

I am a complete novice so would someone explain what a [?] next to a mined transaction means, does it mean that those coins are non valid or do they still count as I seem to have over 50% of my transactions as these and I hope I'm not missing out on coins.

If this is a not an issues then the wallet is working perfectly. Smiley)
Amelie2015
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February 18, 2017, 06:02:41 PM
 #7450

Scrap that last post,

I have counted all through the transactions and all coins are accounted for including the [?]

So the wallet is perfect guys - Many thanks

Just showing my lack of knowledge again but the staking volume changes on a regular basis throughout a day form about 10% of the wallet balance to near 90% is this normal?
dopey (OP)
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February 18, 2017, 08:09:45 PM
 #7451

Scrap that last post,

I have counted all through the transactions and all coins are accounted for including the [?]

So the wallet is perfect guys - Many thanks

Just showing my lack of knowledge again but the staking volume changes on a regular basis throughout a day form about 10% of the wallet balance to near 90% is this normal?

Thanks for the report, I'm sure one of the tech guys can answer your question once they stop by.
dopey (OP)
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February 18, 2017, 08:12:51 PM
 #7452

The OP just got a serious makeover, official roadmap and NEW bounties announced. If you have any questions feel free to ask.
anotherlateminer
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February 18, 2017, 09:46:00 PM
 #7453

Thanks for helping me straighten out my wallet mess buddy!  I have some questions about POS and POS3.  I understand that the POS3 staking reward is constant and that it encourages more wallets to be open all the time and staking.   Very cool.   I'm still fuzzy on exactly how coins are staked and the blocks of coins that are used for staking.   It was my understanding that in regular POS each time a block of coins is staked it's divided and that led to problems where wallets became badly fragmented right?  Is it the same in POS3?  Is there a need from time to time to send all your coins to a new address to make them one whole block again?   Also, how is the number of coins that go out on a found block calculated?   It seems random from what I've witnessed.  Also, is it more efficient to divvy a large sum of coins over multiple wallet addresses to increase the chances of finding a block (this doesn't seem to be the case from what I've observed anecdotally).  
There is not so much difference in this aspect. The inputs are being split in the same way until the value in the input reaches GetStakeSplitThreshold limit. Inputs that have less than 5000 DOPE are being combined together.

wallet.cpp:
Code:
static int64_t GetStakeCombineThreshold() { return 5000 * COIN; }
static int64_t GetStakeSplitThreshold() { return 1 * GetStakeCombineThreshold(); }

Total value of all the inputs plus 30 DOPE (block reward) is being split into two outputs and therefore form a POS coinbase transaction.

I see no reason to send coins to one address from time to time now because you won't get a high amount of small inputs as they are being combined while minting.

Scrap that last post,

I have counted all through the transactions and all coins are accounted for including the [?]

So the wallet is perfect guys - Many thanks

Just showing my lack of knowledge again but the staking volume changes on a regular basis throughout a day form about 10% of the wallet balance to near 90% is this normal?
[?] means that this transaction was not accepted by the network (most probably someone has found a block at the same time), but there should not be much of these...

Regarding "staking volume" - it is normal. When a transaction gets 60 confirmations coins become mature and begin to take part in minting so you stake weight increases. As you mint a block the value of outputs is being excluded from the stake weight and it becomes smaller.

The OP just got a serious makeover, official roadmap and NEW bounties announced. If you have any questions feel free to ask.
I'd say that previous font was better.
wsmolive
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February 19, 2017, 02:33:25 AM
 #7454

my dope coin is always in the bittrex, and now status is ::reserved??/  A few days ago ,i see the coin swap ,,but said in the bittrex ,it will automatically swap ,,and now  the coin swap ended  ,exchange  normally???
serje
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February 19, 2017, 03:03:38 AM
 #7455

Code:
End World Hunger
Bounty: 2500 DopeCoins
Test out our new app and help us fight world hunger.
The process is really simple.

1. Download the app and keep it installed for at least a week.
2. Provide me with any sort of feedback possible.
3. That's it!

can I install this app on 2 phones?

I mean will I get 5000 DOPE?


Space for rent if its still trending
jesper83
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February 19, 2017, 07:29:03 AM
 #7456

PERSONAL BOUNTY: 2500 DopeCoins

Hi folks, I have a new project that needs your help!

I have designed a new android app designed to fight world hunger and I need some people to download it for testing and feedback purposes.

The bounty is very simple:

1. Download the app and keep it installed for at least a week.
2. Provide me with any sort of feedback possible.
3. That's it!

If you like the project, please leave a positive rating in the app store. If you don't, please contact me with your feedback and allow me a chance to make improvements.

Here is the project - www.unlockfood.com

Thank you for your help!

Hmm... I have an Iphone, no android. So there's nothing in for me?? But why are the using picutures on the website looks like an iphone? I suggest it works on IOS but can't find it...
dopey (OP)
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February 19, 2017, 09:52:41 AM
 #7457

Code:
End World Hunger
Bounty: 2500 DopeCoins
Test out our new app and help us fight world hunger.
The process is really simple.

1. Download the app and keep it installed for at least a week.
2. Provide me with any sort of feedback possible.
3. That's it!

can I install this app on 2 phones?

I mean will I get 5000 DOPE?



Sure if you have 2 different devices that would be great. What I am really hoping for is some feedback and suggestions for improvement / any bugs.

Thanks for your help


PERSONAL BOUNTY: 2500 DopeCoins

Hi folks, I have a new project that needs your help!

I have designed a new android app designed to fight world hunger and I need some people to download it for testing and feedback purposes.

The bounty is very simple:

1. Download the app and keep it installed for at least a week.
2. Provide me with any sort of feedback possible.
3. That's it!

If you like the project, please leave a positive rating in the app store. If you don't, please contact me with your feedback and allow me a chance to make improvements.

Here is the project - www.unlockfood.com

Thank you for your help!

Hmm... I have an Iphone, no android. So there's nothing in for me?? But why are the using picutures on the website looks like an iphone? I suggest it works on IOS but can't find it...

Unfortunately, Iphone does not allow for this lock screen to be edited. We do have a plan and if the Android version proves to be viable we will develop the IOS version as well. Your not the first person to mention the Iphone graphics vs Android. Perhaps when time allows I will make some edits to this.

Thanks for your feedback.
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February 19, 2017, 10:00:06 AM
 #7458


i can create web wallet and android wallet if developer give good bounties on them.

dopey (OP)
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February 19, 2017, 10:19:34 AM
 #7459

my dope coin is always in the bittrex, and now status is ::reserved??/  A few days ago ,i see the coin swap ,,but said in the bittrex ,it will automatically swap ,,and now  the coin swap ended  ,exchange  normally???

If your coins were on Bittrex before the swap, they have been automatically swapped for you. Not sure why your status shows reserved on Bittrex, I would recommend opening a ticket with them.

serje
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February 19, 2017, 10:34:02 AM
 #7460

Code:
End World Hunger
Bounty: 2500 DopeCoins
Test out our new app and help us fight world hunger.
The process is really simple.

1. Download the app and keep it installed for at least a week.
2. Provide me with any sort of feedback possible.
3. That's it!

can I install this app on 2 phones?

I mean will I get 5000 DOPE?



Sure if you have 2 different devices that would be great. What I am really hoping for is some feedback and suggestions for improvement / any bugs.

Thanks for your help




I will install it on 2 blackberry devices and see how it works Wink

and after I get my phone back will be 3 blackberry devices Smiley

Space for rent if its still trending
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